SPDR Gold MiniShares Trust charges 0.10% annually, significantly below the 0.40% average for major gold ETFs like GLD and PHYS.
SPDR Gold MiniShares Trust (GLDM) offers a 0.10% annual expense ratio, undercutting larger gold ETFs such as SPDR Gold Shares (GLD) and Sprott Physical Gold Trust (PHYS), which charge around 0.40%. The fee difference compounds over time, directly reducing long-term returns since gold generates no income to offset costs.
Most legacy gold exchange-traded products, including GLD and PHYS, have maintained expense ratios near 0.40% for years. These fees erode investor returns, particularly in flat or declining gold markets where price appreciation is limited.
While GLD remains preferred by active options traders due to deeper liquidity and tighter spreads, GLDM’s lower fees present a cost-effective alternative for long-term holders.