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 "@type": "clearank:AssetComparison",
 "url": "https://clearank.com/compare/gld-vs-iaum/",
 "dataUrl": "https://clearank.com/compare/gld-vs-iaum/data.json",
 "title": "GLD vs IAUM: Which Is the Better Buy? (2026)",
 "description": "SPDR Gold Shares (GLD) vs iShares Gold Trust Micro (IAUM): compare fees, live prices, AI forecasts and risk. Updated daily.",
 "headline": "SPDR Gold Shares vs iShares Gold Trust Micro",
 "published": "2026-09-08T09:40:52+00:00",
 "modified": "2026-09-11T11:33:22.472+00:00",
 "generated": "2026-09-11T20:41:25.564Z",
 "language": "en-US",
 "publisher": {
  "name": "CleaRank",
  "url": "https://clearank.com/"
 },
 "disclaimer": "Educational and informational only; not financial advice. AI-generated analysis reviewed by the CleaRank editorial team; prices delayed up to 15 minutes.",
 "assets": [
  {
   "ticker": "GLD",
   "dataUrl": "https://clearank.com/etf/spdr-gold-shares-gld/data.json"
  },
  {
   "ticker": "IAUM",
   "dataUrl": "https://clearank.com/etf/iaum-etf-analysis/data.json"
  }
 ],
 "sections": [
  {
   "id": "verdict",
   "title": "Comparative Analysis",
   "text": [
    "IAUM wins this head-to-head comparison due to its superior technical positioning and significantly lower expense ratio, despite both ETFs tracking gold. IAUM exhibits stronger short-term technical signals and a more favorable cost structure, making it the preferred choice for investors seeking exposure to gold. GLD, while a well-established gold ETF, shows weaker technical indicators and carries a higher cost for investors. Both ETFs are currently trading below their 200-day moving averages, indicating a broader downtrend, but IAUM's current price action suggests a potential for near-term outperformance. IAUM's lower expense ratio translates to better net returns for investors over the long term. Investors prioritizing cost efficiency and slightly better current technical momentum should favor IAUM.",
    "The most significant differentiator between GLD and IAUM is IAUM's substantially lower expense ratio of 0.09% compared to GLD's 0.40%. This cost advantage directly impacts investor returns over time. While GLD has a longer history and larger net assets, IAUM's lower fees make it a more efficient vehicle for gaining gold exposure, especially in a flat or declining market. IAUM also exhibits slightly more favorable short-term technical indicators, suggesting a potentially better entry point at the current juncture.",
    "The outlook for both GLD and IAUM is currently cautious, reflecting the broader bearish trend in gold prices. Both ETFs are trading below their 200-day moving averages, indicating that the prevailing trend is downward. Key factors to watch include central bank policy on interest rates, inflation data, and geopolitical tensions. If real interest rates continue to rise, it will likely pressure gold prices lower, negatively impacting both ETFs. Conversely, increased safe-haven demand stemming from geopolitical instability could provide support. IAUM's lower expense ratio positions it favorably for investors seeking long-term gold exposure, as it minimizes cost drag. However, significant upside potential for either ETF hinges on a reversal in gold's price trend, which is not currently indicated by the technicals."
   ]
  },
  {
   "id": "price",
   "title": "Price Analysis Comparison"
  },
  {
   "id": "valuation",
   "title": "Asset Metrics",
   "text": [
    "IAUM is currently trading at $43.08, closer to its 52-week low of $36.07 than its high of $55.27. This positions it more favorably in terms of potential upside compared to GLD, which trades at $396.36, nearer its 52-week low of $326.19 than its high of $509.70. Both ETFs are trading below their 50-day and 200-day moving averages, indicating a bearish trend. However, IAUM's price is closer to its 50-day SMA ($42.44) than GLD is to its 50-day SMA ($390.65), suggesting slightly less downside pressure in the immediate term. IAUM's current price is also closer to its 20-day EMA ($43.95) than GLD is to its 20-day EMA ($404.42), reinforcing its slightly better short-term technical standing. While neither ETF offers traditional valuation metrics like P/E ratios, IAUM's proximity to its 52-week low and its current price relative to its short-term moving averages suggest a more attractive entry point from a technical perspective."
   ],
   "tables": [
    {
     "caption": "Asset Metrics: GLD vs IAUM",
     "columns": [
      "Metric",
      "GLD",
      "IAUM"
     ],
     "rows": [
      {
       "label": "52 Week Range",
       "cells": [
        "$326.19 - $509.70",
        "$36.07 - $55.27"
       ]
      },
      {
       "label": "Prev. Close",
       "cells": [
        "$403.35",
        "$43.84"
       ]
      },
      {
       "label": "Market Cap",
       "cells": [
        "112.77B",
        "N/A"
       ]
      },
      {
       "label": "24h Volume",
       "cells": [
        "10.16M",
        "3.66M"
       ]
      }
     ]
    }
   ]
  },
  {
   "id": "profitability",
   "title": "Market Performance",
   "text": [
    "Both assets exhibit similar volatility levels (~33%). Market momentum is currently Bullish for both."
   ],
   "tables": [
    {
     "caption": "Market Performance: GLD vs IAUM",
     "columns": [
      "Metric",
      "GLD",
      "IAUM"
     ],
     "rows": [
      {
       "label": "Volatility (30D)",
       "cells": [
        "32.98%",
        "32.87%"
       ]
      },
      {
       "label": "24h Range",
       "cells": [
        "$395.45 - $401.15",
        "$42.98 - $43.59"
       ]
      },
      {
       "label": "Market Strength (RSI)",
       "cells": [
        "38.4",
        "38.2"
       ]
      },
      {
       "label": "Trend (SMA 50)",
       "cells": [
        "Bullish",
        "Bullish"
       ]
      }
     ]
    }
   ]
  },
  {
   "id": "technicals",
   "title": "Technical Indicators",
   "text": [
    "IAUM shows slightly stronger short-term technical positioning compared to GLD. IAUM's price is trading closer to its 50-day SMA ($42.44) and 20-day EMA ($43.95) than GLD is to its respective averages ($390.65 and $404.42). Both ETFs have bearish technical indicators, with RSI values below 40 and prices below their 200-day SMAs. GLD's RSI is 38.37, and IAUM's is 38.2, indicating weak momentum for both. The MACD for GLD (2.295) is higher than IAUM's (0.255), but both are negative, confirming the downtrend. The stochastic indicators for both are very low (GLD 2.67, IAUM 2.72), suggesting they are oversold in the short term, but in strong trend phases, oscillators can remain oversold for extended periods. GLD's CCI of -99.73 and IAUM's CCI of -99.45 are both significantly negative, signaling extreme bearish conditions. Despite the overall bearish trend, IAUM's slightly better proximity to its short-term averages gives it a marginal technical edge."
   ],
   "tables": [
    {
     "caption": "Technical indicators: GLD vs IAUM",
     "columns": [
      "Indicator",
      "GLD",
      "IAUM"
     ],
     "rows": [
      {
       "label": "RSI (14)",
       "cells": [
        "38.37",
        "38.20"
       ]
      },
      {
       "label": "50-Day MA",
       "cells": [
        "$390.65",
        "$42.44"
       ]
      },
      {
       "label": "200-Day MA",
       "cells": [
        "$415.81",
        "$45.13"
       ]
      }
     ]
    }
   ],
   "links": [
    {
     "text": "CCI",
     "url": "https://clearank.com/stock/cci-stock-analysis/"
    }
   ]
  },
  {
   "id": "sentiment",
   "title": "AI Analyst Sentiment",
   "text": [
    "Why the ratings differ: GLD and IAUM currently score poorly on technical momentum (price sitting below key moving averages), while the analyst view below reflects forward-looking estimates of the business. A stock can be technically weak and still carry bullish analyst targets: the two measure different things over different horizons. Sentiment for both GLD and IAUM is currently bearish, reflecting the broader market conditions for gold. Both ETFs are trading below their 200-day moving averages, a key indicator of a bear market trend. Analyst ratings and targets are not available for either ETF, so sentiment must be inferred from price action and technical indicators. The RSI for both ETFs is in the low 30s, indicating oversold conditions, but this can persist in strong downtrends. The CCI values are significantly negative for both, reinforcing the prevailing negative sentiment. While sentiment is poor for both, the slightly better technical setup for IAUM might suggest a marginally less negative short-term sentiment."
   ]
  },
  {
   "id": "risk",
   "title": "Risk Stratification",
   "text": [
    "The primary risk for both GLD and IAUM is a sustained decline in the price of gold, driven by factors such as rising real interest rates, a strengthening US dollar, or reduced safe-haven demand. GLD, with its higher expense ratio of 0.40%, carries an additional risk of underperforming IAUM purely due to costs, especially if gold prices remain stagnant or decline. IAUM, being a newer ETF (inception date 2021-06-15) compared to GLD (2004-11-18), carries the risk associated with a less established track record, although its trailing returns are competitive. Both ETFs are trading significantly below their 52-week highs and their 200-day moving averages, indicating substantial downside risk in the current market environment. GLD's larger net assets ($152.86 billion) versus IAUM's ($8.14 billion) suggest greater liquidity, which could be a mitigating factor in extreme market conditions, though IAUM's assets are still substantial."
   ],
   "tables": [
    {
     "caption": "Risk metrics: GLD vs IAUM",
     "columns": [
      "Metric",
      "GLD",
      "IAUM"
     ],
     "rows": [
      {
       "label": "Sharpe Ratio",
       "cells": [
        "1.12",
        "1.14"
       ]
      }
     ]
    }
   ]
  },
  {
   "id": "protips",
   "title": "Comparative ProTips",
   "lists": {
    "ProTips": [
     "Pro Tip: Prioritize IAUM over GLD due to its significantly lower expense ratio, which enhances long-term returns.",
     "Pro Tip: Monitor real interest rates and the US Dollar Index (DXY) as key indicators for gold price direction.",
     "Pro Tip: Consider both ETFs' positions relative to their 52-week lows; IAUM is currently closer to its low, suggesting potential for a rebound if gold prices stabilize."
    ]
   }
  },
  {
   "id": "monte-carlo",
   "title": "Monte Carlo Projection (10yr)"
  },
  {
   "id": "trade-plans",
   "title": "Actionable Trade Plans",
   "text": [
    "Compare entry, exit, and risk management levels for both assets",
    "Volatility-Adjusted Stop Loss Calculated based on volatility and technical support levels."
   ],
   "facts": {
    "STOP LOSS": "$45.26"
   }
  },
  {
   "id": "faq",
   "title": "Frequently Asked Questions"
  },
  {
   "id": "people-also-watch",
   "title": "People Also Watch",
   "links": [
    {
     "text": "GLD vs IAU GLD vs IAU Comparison $400.80 +1.12%",
     "url": "https://clearank.com/compare/gld-vs-iau/"
    },
    {
     "text": "GLD vs GLDM GLD vs GLDM Comparison $396.36 -1.73%",
     "url": "https://clearank.com/compare/gld-vs-gldm/"
    },
    {
     "text": "GLD vs SLV GLD vs SLV Comparison $400.80 +1.12%",
     "url": "https://clearank.com/compare/gld-vs-slv/"
    },
    {
     "text": "GLD vs GDX GLD vs GDX Comparison $402.87 +1.64%",
     "url": "https://clearank.com/compare/gld-vs-gdx/"
    }
   ]
  }
 ],
 "faq": [
  {
   "question": "Which is a better buy, GLD or IAUM?+",
   "answer": "IAUM is the better buy due to its significantly lower expense ratio (0.09% vs 0.40%) and slightly more favorable short-term technical indicators. While both track gold, IAUM offers greater cost efficiency for investors."
  },
  {
   "question": "What are the key risks for GLD vs IAUM?+",
   "answer": "The primary risk for both is a decline in gold prices. For GLD, the higher expense ratio poses an additional risk of underperformance compared to IAUM. IAUM's newer inception date also presents a minor risk due to its shorter track record."
  },
  {
   "question": "How do the expense ratios compare?+",
   "answer": "IAUM has a much lower expense ratio at 0.09%, costing $9 per $10,000 invested annually. GLD's expense ratio is 0.40%, costing $40 per $10,000 invested annually."
  },
  {
   "question": "What is the outlook for gold ETFs like GLD and IAUM?+",
   "answer": "The outlook is cautious, with both ETFs trading below their 200-day moving averages. Key drivers will be inflation, real interest rates, and geopolitical events. A sustained rise in real rates would be a headwind, while safe-haven demand could provide support."
  },
  {
   "question": "How do their technicals compare?+",
   "answer": "Both ETFs show bearish technicals with RSI below 40 and prices below key moving averages. IAUM has a slight edge as its price is closer to its short-term moving averages, suggesting marginally less immediate downside pressure."
  },
  {
   "question": "What are the net assets of GLD and IAUM?+",
   "answer": "GLD has significantly larger net assets at $152.86 billion, indicating greater liquidity. IAUM has net assets of $8.14 billion, which is still substantial."
  },
  {
   "question": "How have GLD and IAUM performed recently?+",
   "answer": "Year-to-date, IAUM has slightly outperformed GLD (5.865% vs 5.638%). Over the past year, IAUM also shows a marginal lead (32.965% vs 32.538%). GLD leads in longer-term returns due to its longer history."
  }
 ],
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    {
     "@type": "Question",
     "name": "Which is a better buy, GLD or IAUM?",
     "acceptedAnswer": {
      "@type": "Answer",
      "text": "IAUM is the better buy due to its significantly lower expense ratio (0.09% vs 0.40%) and slightly more favorable short-term technical indicators. While both track gold, IAUM offers greater cost efficiency for investors."
     }
    },
    {
     "@type": "Question",
     "name": "What are the key risks for GLD vs IAUM?",
     "acceptedAnswer": {
      "@type": "Answer",
      "text": "The primary risk for both is a decline in gold prices. For GLD, the higher expense ratio poses an additional risk of underperformance compared to IAUM. IAUM's newer inception date also presents a minor risk due to its shorter track record."
     }
    },
    {
     "@type": "Question",
     "name": "How do the expense ratios compare?",
     "acceptedAnswer": {
      "@type": "Answer",
      "text": "IAUM has a much lower expense ratio at 0.09%, costing $9 per $10,000 invested annually. GLD's expense ratio is 0.40%, costing $40 per $10,000 invested annually."
     }
    },
    {
     "@type": "Question",
     "name": "What is the outlook for gold ETFs like GLD and IAUM?",
     "acceptedAnswer": {
      "@type": "Answer",
      "text": "The outlook is cautious, with both ETFs trading below their 200-day moving averages. Key drivers will be inflation, real interest rates, and geopolitical events. A sustained rise in real rates would be a headwind, while safe-haven demand could provide support."
     }
    },
    {
     "@type": "Question",
     "name": "How do their technicals compare?",
     "acceptedAnswer": {
      "@type": "Answer",
      "text": "Both ETFs show bearish technicals with RSI below 40 and prices below key moving averages. IAUM has a slight edge as its price is closer to its short-term moving averages, suggesting marginally less immediate downside pressure."
     }
    },
    {
     "@type": "Question",
     "name": "What are the net assets of GLD and IAUM?",
     "acceptedAnswer": {
      "@type": "Answer",
      "text": "GLD has significantly larger net assets at $152.86 billion, indicating greater liquidity. IAUM has net assets of $8.14 billion, which is still substantial."
     }
    },
    {
     "@type": "Question",
     "name": "How have GLD and IAUM performed recently?",
     "acceptedAnswer": {
      "@type": "Answer",
      "text": "Year-to-date, IAUM has slightly outperformed GLD (5.865% vs 5.638%). Over the past year, IAUM also shows a marginal lead (32.965% vs 32.538%). GLD leads in longer-term returns due to its longer history."
     }
    }
   ]
  }
 ]
}