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SPDR Gold Mini Shares (GLDM)
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Upturn Advisory Summary
12/03/2025: GLDM (5-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Analysis of Past Performance
Type ETF | Historic Profit 65.52% | Avg. Invested days 96 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 12/03/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.33 | 52 Weeks Range 46.00 - 68.26 | Updated Date 06/29/2025 |
52 Weeks Range 46.00 - 68.26 | Updated Date 06/29/2025 |
Upturn AI SWOT
SPDR Gold Mini Shares
ETF Overview
Overview
The SPDR Gold MiniShares Trust (GLDM) seeks to reflect generally the performance of the price of gold. It offers a lower expense ratio alternative to GLD, targeting investors seeking exposure to gold without the costs associated with owning physical gold.
Reputation and Reliability
State Street Global Advisors (SSGA) is a reputable and well-established ETF provider with a long track record in the financial industry.
Management Expertise
SSGA has extensive experience managing commodity ETFs and has a team of experts dedicated to gold-related investments.
Investment Objective
Goal
To reflect the performance of the price of gold, less the Trust's expenses.
Investment Approach and Strategy
Strategy: The ETF seeks to replicate the performance of the price of gold by holding physical gold bullion.
Composition The ETF holds physical gold bullion stored in vaults.
Market Position
Market Share: GLDM has a significant, but not dominant, market share within the gold ETF segment.
Total Net Assets (AUM): 6280000000
Competitors
Key Competitors
- GLD
- IAU
- BAR
Competitive Landscape
The gold ETF market is competitive, with GLD being the dominant player. GLDM offers a lower expense ratio which provides an advantage in terms of cost. However, GLD has higher liquidity and AUM which makes it more appealing to some investors. IAU and BAR also compete on cost and liquidity.
Financial Performance
Historical Performance: Historical performance data is readily available but depends on the time period assessed. The ETF's returns will closely correlate with the price of gold.
Benchmark Comparison: The ETF aims to closely track the spot price of gold, so its performance should closely align with gold's benchmark.
Expense Ratio: 0.1
Liquidity
Average Trading Volume
GLDM's average daily trading volume is generally strong, making it relatively easy to buy and sell shares.
Bid-Ask Spread
The bid-ask spread for GLDM is typically tight, reflecting its liquidity and making it cost-effective to trade.
Market Dynamics
Market Environment Factors
Economic indicators such as inflation, interest rates, and geopolitical events influence gold prices and, therefore, GLDM's performance.
Growth Trajectory
GLDM's growth trajectory is dependent on investor demand for gold exposure and its ability to attract assets from competitors.
Moat and Competitive Advantages
Competitive Edge
GLDM's competitive advantage lies primarily in its lower expense ratio compared to GLD, making it a more cost-effective option for long-term gold exposure. The ETF benefits from SSGA's strong brand recognition and established infrastructure. While GLDM might have smaller trading volume, the lower expense can attract cost-conscious investors. This can lead to long-term growth in AUM if Gold's price appreciates.
Risk Analysis
Volatility
GLDM's volatility is directly tied to the volatility of gold prices, which can fluctuate significantly based on market sentiment and economic conditions.
Market Risk
The primary market risk is the potential decline in gold prices, driven by factors such as rising interest rates or decreased safe-haven demand.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to gold as a hedge against inflation or economic uncertainty, particularly those who are cost-sensitive.
Market Risk
GLDM is suitable for both long-term investors seeking portfolio diversification and active traders looking to capitalize on short-term gold price movements.
Summary
The SPDR Gold MiniShares Trust (GLDM) offers a cost-effective way to gain exposure to gold prices. Backed by physical gold, the ETF aims to track the price of gold while maintaining a lower expense ratio than its competitor GLD. Its performance correlates with the price movements of gold, making it sensitive to economic factors, investor demand, and market risks. GLDM is suitable for various investors who want to diversify their portfolios or use gold as a hedge against economic uncertainty.
Similar ETFs
Sources and Disclaimers
Data Sources:
- State Street Global Advisors
- ETF.com
- Bloomberg
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be based on individual financial circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR Gold Mini Shares
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The Shares are designed for investors who want a cost-effective and convenient way to invest in gold. Advantages of investing in the Shares include ease and flexibility of investment and expenses.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.