ETF Versus

GLDM vs XLE

SPDR Gold MiniShares vs State Street Energy Select Sector SPDR ETF

Last updated: 2026-04-10

GLDM SPDR

SPDR Gold MiniShares (GLDM) is an exchange-traded fund issued by SPDR that provides exposure to gold securities. It charges a low expense ratio of 0.10%. Launched in 2018, the fund has a 8-year track record.

AUM: $31.3B ER: 0.10% Yield: N/A Since: Jun 25, 2018
XLE SPDR

State Street Energy Select Sector SPDR ETF (XLE) is an exchange-traded fund issued by SPDR that provides exposure to us sector - energy securities. It charges a low expense ratio of 0.08%. The fund offers an attractive dividend yield of 2.62%. Launched in 1998, the fund has a 28-year track record.

AUM: $40.6B ER: 0.08% Yield: 2.62% Since: Dec 16, 1998

Quick Verdict

XLE has a slightly lower expense ratio (0.08% vs 0.10%), saving about $40 per $10,000 over 10 years. GLDM has edged ahead over the past year (50.3% vs 47.9%).

Key Metrics

Metric GLDM XLE
Expense Ratio 0.10% 0.08%
Dividend Yield N/A 2.6%
Fund Family SPDR SPDR
Category Gold US Sector - Energy

Performance Chart

Indexed to 100 at start (5-year comparison)

90 134 178 222 266 310 2021-04 2022-07 2023-10 2025-01 2026-04
GLDM +173.7%
XLE +138.2%

Performance Comparison

Period GLDM XLE Difference
1 Month -8.03% -0.09% -7.94%
3 Months +3.80% +22.85% -19.05%
6 Months +15.97% +31.81% -15.84%
YTD +10.05% +24.71% -14.66%
1 Year +50.25% +47.91% +2.34%
3 Years +137.19% +31.68% +105.51%
5 Years +173.65% +138.15% +35.50%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period GLDM Fees XLE Fees You Save
$10,000 10 years $199 $159 $40
$10,000 20 years $856 $686 $170
$10,000 30 years $2,758 $2,212 $546
$50,000 10 years $995 $797 $198
$50,000 30 years $13,790 $11,061 $2,728
$100,000 30 years $27,580 $22,123 $5,457

Risk Metrics

Based on 5 years of daily returns

Metric GLDM XLE
Annualized Volatility 17.7% 26.1%
Max Drawdown -20.9% -26.9%
Sharpe Ratio 0.98 0.63

Dividend Comparison

Metric GLDM XLE
Annual Dividend (per share) $0.00 $1.49
Dividend Yield 0.00% 2.62%
Distribution Frequency None Quarterly

Top Holdings

XLE Top Holdings

NameWeight
Exxon Mobil CorporationXOM23.09%
Chevron CorporationCVX17.03%
ConocoPhillipsCOP7.23%
SLB N.V.SLB4.33%
The Williams Companies, Inc.WMB4.30%
EOG Resources, Inc.EOG4.21%
Valero Energy CorporationVLO4.08%
Marathon Petroleum CorporationMPC3.82%
Phillips 66PSX3.78%
Kinder Morgan, Inc.KMI3.60%

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 GLDM if...

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

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