iShares Gold Trust (Gold bullion) against SPDR Gold MiniShares Trust (Gold bullion, low-fee share class) — fees, long-horizon total returns, holdings overlap, and sector tilt, side by side.
| IAU | GLDM | SPREAD | |
|---|---|---|---|
| YTD (cumulative) | +3.26% | +3.31% | -0.05 pp |
| 1Y CAGR | +30.0% | +30.2% | -0.23 pp |
| 3Y CAGR | +32.1% | +32.3% | -0.21 pp |
| 5Y CAGR | +19.3% | +19.5% | -0.18 pp |
| 10Y CAGR | +12.6% | — | — |
| Since inception CAGR | +11.2% | +16.6% | -5.41 pp |
Total return: dividend- and split-adjusted daily closes (distributions reinvested). Spread is IAU minus GLDM. IAU since-inception measured from first available bar January 28, 2005. GLDM since-inception measured from first available bar June 26, 2018. Since-inception spans differ — compare that row with care.
| IAU | GLDM | |
|---|---|---|
| Name | iShares Gold Trust | SPDR Gold MiniShares |
| Category | Commodities Focused | Commodities Focused |
| Style | Passive | Passive |
| Expense ratio | 0.25% | 0.1% |
| Assets (AUM) | $59.7B | $27.4B |
| Dividend yield | 0.00% | 0.00% |
| Avg volume (3-mo) | 6.2M | 4.4M |
| Inception | January 21, 2005 | June 25, 2018 |
| Benchmark proxy | LBMA Gold Price | LBMA Gold Price |
GLDM costs 0.15 pp less per year — about $15.00 per $10,000 invested.
The provider doesn't break out holdings for IAU — overlap can't be computed.
Expense ratios verified against issuer fact sheets. Dividend yield is trailing 12-month distributions divided by price, as reported by the fund data provider.