SPDR Gold MiniShares TrustSPDR Gold MiniShares TrustSPDR Gold MiniShares Trust

SPDR Gold MiniShares Trust

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Key stats


Assets under management (AUM)
‪9.18 B‬USD
Fund flows (1Y)
‪1.03 B‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.001%

About SPDR Gold MiniShares Trust


Issuer
World Gold Council Ltd.
Brand
SPDR
Expense ratio
0.10%
Home page
Inception date
Jun 25, 2018
Index tracked
LBMA Gold Price PM ($/ozt)
Management style
Passive
GLDM is a slightly modified alternative to State Streets behemoth gold fund, GLD. There are two main differences between this offering and its predecessor. First, the handle: GLDM holds a fraction of the amount of gold per share as GLD, or about the same amount as competitor IAU. That could appeal to investors wishing to place small orders, but is a potential issue for those paying per-share commissions. Second, expense ratios may be different and worth considering. Differences in Custodian and vault location may be worth noting also. Like all physically held gold funds, taxes on long-term gains can be steep, as GLDM is deemed a collectible by the IRS.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Physically held
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.