GLD

SPDR Gold Shares

The investment objective of the Trust is for SPDR Gold Shares to reflect the performance of the price of gold bullion, less the Trust's expenses.

Precious Metals

COMMODITY

Passive

MANAGEMENT STYLE

63.4 B

ASSETS UNDER MGMT

40 bp

EXPENSES
Fund Basics
Fund sponsorSSGA Funds Management, Inc.
CategoryPrecious Metals
Asset classCommodity
Websitelink...
Inception dateNov 18, 2004
Assets (mns)$64,498
Expense ratio40 bp
Fund Structure
RegulationGrantor Trust
Distributions
Taxation1099
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance
–
Redraw


Standardized Performance (as of 06/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 3.5% 11.0% 8.4% 6.1% 8.2% 4.5% 7.8%
Volatility 14.6% 13.2% 14.3% 14.1% 15.3% 14.2% --
Market Correlations
versus...BetaR-squared
S&P 5000.219%
MSCI EAFE0.3221%
MSCI Emg Mkts0.3729%
Liquidity Measures
Avg. volume (000)5,916
Turnover0.0%
Avg. Bid/Ask (% of price)0.01%
ADV of underlying (mns)$0
Technical Indicators
Recent close$218.33
30d moving avg.$219.59
Annualized volatility12.2%
Relative strength (RSI)52
Short interest (ETF)0.0%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Passive
Precious Metals Commodity ETFs
# of ETFs 10
Avg. Expense Ratio 37.7 bp
Std. Deviation 18 bp
GLD (40 bp) Percentile rank 55
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)		 Avg. Bid/Ask (bp)
(B)		 TCO (bp)
(A)+(B)
GLD 40.0 0.6 40.6
Peer Avg. 41.9 12.0 53.8
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .