ETF·NYSE
SPDR Gold MiniShares Trust (GLDM)
- Net assets
- $30.71B
- Expense ratio
- 0.10%
- Yield
- None
- 52-week range
- $76.55 $109.74
GLDM ETF forecast today
Where GLDM stands today, and what CleaRank Financial AI makes of it.
GLDM at a glance
SPDR Gold MiniShares Trust (GLDM): Sell, 23/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($84.27 and $89.01).
- Fund Expense ratio 0.10%, $30.7B in net assets, price down 3.5% over 1 year.
Figures as of October 30, 2026.
CleaRank Financial AI
CleaRank rates SPDR Gold MiniShares Trust (GLDM) Sell, with a model score of 23/100.
Cost lifts the score most: the expense ratio is 0.10%. The trend holds it back most: the price is 13.69% below its 200-day average and 8.83% below its 50-day average, and the 50-day average is 5.32% below the 200-day. The 50-day average stands at $84.27 and the 200-day at $89.01. Over the past year the price fell 3.52%.
Only on CleaRank
Figures we compute ourselves from GLDM's own price history. Tap one to see it in context.
GLDM ETF price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price below its 50-day average ›
The price of $76.83 is 8.8% below the 50-day simple moving average of $84.27.Price below its 200-day average ›
The price is 13.7% below the 200-day simple moving average of $89.01.50-day average below the 200-day ›
The 50-day average ($84.27) is 5.3% below the 200-day average ($89.01), the arrangement of a falling longer-term trend.In the lower half of its 52-week range ›
The price sits at 1% of its 52-week range, between $76.55 and $109.74.
GLDM share price
Pick a period: each tab shows how far GLDM has moved over it, to the last close.
Today's trading
Where GLDM sits inside today's range and its 52-week range.
GLDM fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
2/3Expense ratio at or below 0.20% ›
The fund charges 0.10% a year, $10.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $30.7B.Price down over one year ›
The price fell 3.52% over the past year.
GLDM Fund Facts
SPDR Gold MiniShares Trust is a gold-backed exchange-traded fund designed to provide direct exposure to the price of gold bullion through physically held gold bars. The fund’s shares represent beneficial interests in a trust that primarily holds gold, with cash or receivables used only as needed for operations. SPDR Gold MiniShares Trust is used by investors seeking a simple, exchange-traded way to access precious metals without buying or storing physical bullion.
Total returns, as the fund family reports them
| Period | GLDM |
|---|---|
| YTD | -3.13% |
| 1 month | -8.48% |
| 3 months | 3.71% |
| 1 year | 9.07% |
| 3 years | 30.57% |
| 5 years | 18.97% |
As of Oct 31, 2026, GLDM has an expense ratio of 0.10%, $30.71B in net assets and no distribution yield.
Fund reference data as of Oct 31, 2026. Expense ratio and net assets are reported by the fund. The trailing returns are the fund family's own month-end total returns, with distributions included, so they can differ from the price changes elsewhere on this page.
Key statistics
The headline figures for GLDM.
What the numbers say
CleaRank Financial AI's reading of GLDM's holdings, performance and risks.
GLDM is run by State Street Investment Management as a Commodities Focused fund. It was launched on June 25, 2018.
The yearly cost of owning GLDM is 0.10%, which works out to $10.00 on a $10,000 position.
Normal swings for GLDM run at about 1.35% a day. Until the price regains its moving averages, the trend works against holders. The price is 29.99% below its 52-week high of $109.74. The one-year record is a loss of 3.52%.
GLDM AI analysis and technical indicators
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 30.5, showing bearish momentum without being oversold.RSI below 50 ›
An RSI of 30.5 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line below zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank Financial AI analysis of GLDM
The score, the reasoning behind it, and what could move the price next.
SPDR Gold MiniShares Trust (GLDM) is trending down. At $76.83, the fund sits 8.83% below its 50-day average of $84.27 and 13.69% below its 200-day average of $89.01. Its price is close to the bottom of its 52-week range: it is 0.37% above the low of $76.55 and 29.99% below the high of $109.74.
The 14-day RSI of 30.5 is in the bearish zone, above the oversold line, and the MACD line is negative. The recent returns are all negative: the price fell 4.13% over the past three months, fell 15.77% over the past six months and fell 3.52% over the past year. Volume in the last session ran 110.2% above its average, on a day the price fell 3.43%.
- Keep an eye on the two closest levels: the 20-day EMA at $80.95 sits above the price, and the 52-week low at $76.55 sits below it.
- The 14-day RSI reads 30.5, in the bearish zone, with the MACD line negative; readings above 70 or below 30 mark stretched momentum.
- Costs compound: at 0.10% a year, GLDM charges $10.00 on every $10,000 invested.
The trend is down because GLDM sits beneath both its 50-day ($84.27) and 200-day ($89.01) averages. A move back above the 50-day would be the first real sign of recovery. Just overhead, the 20-day EMA at $80.95 is the first level a rally would reach.
The next level below the price is the 52-week low at $76.55. With the RSI in the bearish zone, momentum still leans toward lower prices.
Technical indicators
Momentum and trend for GLDM, from its daily closes.
As of October 30, 2026, with GLDM at $76.83, its 14-day RSI is 30.5 (showing bearish momentum without being oversold), its 50-day simple moving average is $84.27 and its 200-day is $89.01.
Calculated by CleaRank on daily closes as of October 30, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these
What GLDM moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 30, 2026, GLDM's 1-year correlation of daily returns is +0.18 with S&P 500 (SPY), +0.21 with Nasdaq 100 (QQQ), +0.31 with Bitcoin (BTC) and +0.98 with gold (XAU).
GLDM trade plan: entry, stop loss and targets
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
GLDM trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from GLDM's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much GLDM tends to move, against the market and on its own.
GLDM price history and drawdowns
GLDM's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
2/4Average daily move under 2% ›
The price has moved 1.35% on an average day (30-day standard deviation of daily returns).Not yet recovered from its worst fall ›
The worst fall was 28.0%, from January 2026 to October 2026; the price is still 28.0% below that peak.Most 1-year holds ended higher ›
84% of 1-year holding periods in the last 8 years ended with a gain.Trailed the S&P 500 since the chart begins ›
$10,000 invested in June 2018 is now worth $30,517, against $31,490 in the S&P 500 (SPY).
GLDM Drawdowns & Recovery
As of October 30, 2026, GLDM's worst peak-to-trough fall over the period since June 2018 with dividends reinvested was -28.0% (January 2026 to October 2026); it is still 28.0% below that peak, and 84% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into GLDM in June 2018 is worth now, against the same amount in the S&P 500.
Against the market: GLDM trailed the S&P 500 over this period: $30,517 against $31,490.
A $10,000 investment in GLDM in June 2018 would be worth about $30,517 today with dividends reinvested, compared with about $31,490 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to GLDM, and which have not.
Strongest month, January: an average of +3.27%, up in 5 of 8 years.
Weakest month, June: an average of -1.31%, up in 2 of 8 years.
This month, October: has averaged +2.33%, up in 7 of 8 years. Past seasonality does not repeat on schedule.
Over the last 9 years, GLDM's strongest calendar month has been January (average +3.27%, up in 5 of 8 years) and its weakest June (average -1.31%, up in 2 of 8 years).
Average return for each calendar month over the last 9 years, from weekly closing prices with dividends included.
GLDM price prediction 2030
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in GLDM, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 4-year Monte Carlo simulation, based on 8 years of price history, projects that a $10,000 investment in GLDM today could grow to about $14,144 by 2030 in the base case, with a 90th-percentile outcome near $22,104 and a 10th-percentile outcome around $9,050. Projections are statistical simulations, not guarantees.
GLDM 2030 Scenarios (Monte Carlo)
The same simulation in prices, year by year.
CleaRank's simulation projects a price near $109 for GLDM by 2030 in the base case, from $76.83 today (1.4x over 4 years). The 10th-percentile path ends near $69.53. These are outcomes of a Monte Carlo simulation run on GLDM's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $67.02 | $83.79 | $105 | |
| 2028 | $66.64 | $91.37 | $125 | |
| 2029 | $67.69 | $99.65 | $147 | |
| 2030 | $69.53 | $109 | $170 |
Method: a lognormal simulation of GLDM's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. How the simulation works
GLDM ETF forecast: questions people ask
Answered from the figures on this page, as of October 30, 2026.