Spdr Gold Minishares Trust Overview and Market Analysis

The Spdr Gold Minishares Trust is a popular investment option for those looking to diversify their portfolios and gain exposure to gold prices. It's an ETF that tracks the price of gold, allowing investors to buy and sell shares that represent a portion of the gold price.

The Spdr Gold Minishares Trust is listed on the New York Stock Exchange under the ticker symbol GLD. This makes it easily accessible to individual investors and institutional investors alike.

One of the key benefits of the Spdr Gold Minishares Trust is its low expense ratio of 0.40%, making it a cost-effective way to invest in gold.

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The SPDR Gold Minishares Trust is a popular investment option for those looking to diversify their portfolio. It's an exchange-traded fund (ETF) that tracks the price of gold.

The fund has a low expense ratio of 0.18%, making it a cost-effective way to invest in gold. This is significantly lower than many other gold ETFs on the market.

The SPDR Gold Minishares Trust has over $35 billion in assets under management, making it one of the largest gold ETFs available. This level of assets provides a high level of liquidity for investors.

Investors can buy or sell shares of the fund through most major brokerages, making it easily accessible to a wide range of investors. The fund is also available on most major stock exchanges, including the New York Stock Exchange (NYSE) and the NASDAQ.

The SPDR Gold MiniShares Trust has a portfolio turnover rate of 0%, which means it holds its assets for a long time. This can result in lower expenses and potentially higher after-tax returns.

The fund's performance over the past year has been impressive, with a return of 29.8% in the last 12 months. In comparison, the S&P 500 index returned -0.66% during the same period.

Here are the fund's return rankings for different time periods:

The fund's Sharpe ratio is 2.11, which is a measure of its risk-adjusted returns. A higher Sharpe ratio indicates better performance relative to its volatility.

The Performance Chart is a valuable tool for investors, providing a clear visual representation of how their investment is performing over time. It's like having a snapshot of your investment's progress.

Let's take a look at the example of the SPDR Gold MiniShares Trust. According to the chart, an initial investment of $10,000 has grown significantly over time, outperforming the S&P 500 index.

The chart shows the actual growth of the investment, adjusted for splits and dividends, which is essential for accurate comparison. This means that the chart takes into account any changes in the investment's value due to stock splits or dividend payments.

Here's a summary of the key points from the Performance Chart:

This information can be incredibly helpful when making investment decisions, as it provides a clear picture of how your investment is performing.

The monthly returns of GLDM are a great way to see how the fund has performed over time.

In 2024, GLDM had a negative return in January, with a loss of -1.39%. However, the fund bounced back in February with a gain of 0.50%.

Here's a breakdown of the monthly returns for GLDM in 2024:

The monthly returns for 2024 show that GLDM had a total return of 27.08%.

Risk-Adjusted Performance Indicators provide a more nuanced view of an investment's performance by accounting for its associated risks. The charts below present risk-adjusted performance metrics for SPDR Gold MiniShares Trust (GLDM) and compare them to a chosen benchmark (^GSPC).

The charts show how GLDM's returns compare to its associated risks, giving a clearer picture of its performance. This is especially useful for investors who want to understand the trade-offs between risk and reward.

GLDM's risk-adjusted performance is evaluated using various metrics, including the Sharpe ratio, which is 2.11 based on the past 1 year of trading data. This value takes into account price changes and dividends.

A higher Sharpe ratio indicates better risk-adjusted performance, and a lower ratio indicates worse performance. For example, a Sharpe ratio of 2.11 suggests that GLDM has generated higher returns relative to its risk compared to the selected benchmark.

Here's a comparison of GLDM's risk-adjusted performance metrics with the selected benchmark:

This comparison shows that GLDM has a higher Sharpe ratio and a better risk-adjusted performance rank compared to the selected benchmark.