ETF Versus

GLD vs XLE

SPDR Gold Shares vs State Street Energy Select Sector SPDR ETF

Last updated: 2026-04-02

GLD State Street

SPDR Gold Shares (GLD) is an exchange-traded fund issued by State Street that provides exposure to gold securities. It charges an above-average expense ratio of 0.40%. Launched in 2004, the fund has a 22-year track record.

AUM: N/A ER: 0.40% Yield: N/A Since: 2004-11-18
XLE State Street

State Street Energy Select Sector SPDR ETF (XLE) is an exchange-traded fund issued by State Street that provides exposure to us sector - energy securities. It charges a low expense ratio of 0.09%. The fund offers an attractive dividend yield of 2.52%. Launched in 1998, the fund has a 28-year track record.

AUM: N/A ER: 0.09% Yield: 2.52% Since: 1998-12-22

Quick Verdict

XLE is significantly cheaper at 0.09% vs 0.40% expense ratio, saving you approximately $607 per $10,000 invested over 10 years. Over the past year, GLD has significantly outperformed with a 48.9% return vs 25.9%.

Key Metrics

Metric GLD XLE
Expense Ratio 0.40% 0.09%
Dividend Yield N/A 2.5%
Fund Family State Street State Street
Category Gold US Sector - Energy

Performance Chart

Indexed to 100 at start (5-year comparison)

90 131 172 213 254 295 2021-04 2022-06 2023-10 2024-12 2026-04
GLD +164.9%
XLE +141.4%

Performance Comparison

Period GLD XLE Difference
1 Month -8.37% +4.88% -13.25%
3 Months +7.70% +29.86% -22.16%
6 Months +17.72% +32.69% -14.97%
YTD +7.70% +29.86% -22.16%
1 Year +48.86% +25.95% +22.91%
3 Years +132.44% +36.94% +95.50%
5 Years +164.91% +141.42% +23.49%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period GLD Fees XLE Fees You Save
$10,000 10 years $786 $179 $607
$10,000 20 years $3,334 $771 $2,563
$10,000 30 years $10,601 $2,486 $8,115
$50,000 10 years $3,932 $896 $3,036
$50,000 30 years $53,003 $12,428 $40,575
$100,000 30 years $106,005 $24,855 $81,150

Risk Metrics

Based on 5 years of daily returns

Metric GLD XLE
Annualized Volatility 17.8% 26.0%
Max Drawdown -21.0% -26.9%
Sharpe Ratio 0.94 0.64

Dividend Comparison

Metric GLD XLE
Annual Dividend (per share) $0.00 $1.49
Dividend Yield 0.00% 2.52%
Distribution Frequency None Quarterly

Which One Should You Choose?

Choose XLE if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose GLD if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Related Comparisons