Performance analysis of GLDM (SPDR Gold MiniShares Trust)
Annual Return
Over the past 3 years, GLDM has had an average annual return of +27.60%, outperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, GLDM has had an average annual return of +17.59%, outperforming the benchmark SPY, which returned +12.73% annual.
Since Jun 26, 2018, GLDM has had an average annual return of +15.54%, outperforming the benchmark SPY, which returned +15.11% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -5.33% | +64.20% | +27.08% | +13.04% | -0.46% | -4.01% | +25.10% | +18.10% | +1.84% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +12.47% | +8.47% | -10.99% | -1.42% | -1.58% | -11.69% | +1.76% | -5.33% | |||||
| 2025 | +6.71% | +1.91% | +9.46% | +5.45% | -0.03% | +0.43% | -0.56% | +4.99% | +11.77% | +3.59% | +5.39% | +2.29% | +64.20% |
| 2024 | -1.40% | +0.50% | +8.66% | +3.06% | +1.61% | -0.09% | +5.38% | +2.10% | +5.12% | +4.34% | -3.11% | -1.35% | +27.08% |
| 2023 | +5.77% | -5.33% | +7.92% | +0.97% | -1.37% | -2.21% | +2.34% | -1.29% | -4.73% | +7.40% | +2.56% | +1.32% | +13.04% |
| 2022 | -1.65% | +6.15% | +1.34% | -2.07% | -3.21% | -1.59% | -2.48% | -2.91% | -2.91% | -1.73% | +8.43% | +2.99% | -0.46% |
| 2021 | -3.17% | -6.27% | -1.11% | +3.53% | +7.55% | -6.97% | +2.44% | +0.11% | -3.32% | +1.55% | -0.67% | +3.23% | -4.01% |
| 2020 | +4.56% | -0.56% | -0.13% | +7.13% | +2.55% | +2.84% | +10.87% | -0.41% | -4.13% | -0.48% | -5.40% | +7.01% | +25.10% |
| 2019 | +2.85% | -0.49% | -1.60% | -0.70% | +1.72% | +8.05% | +0.06% | +7.81% | -3.29% | +2.65% | -3.19% | +3.63% | +18.10% |
| 2018 | -0.50% | -2.20% | -2.03% | -0.76% | +2.10% | +0.50% | +4.90% | +1.84% |
Drawdown analysis of GLDM (SPDR Gold MiniShares Trust)
The maximum drawdown for the GLDM was -26.27%, occurring on Jul 16, 2026. This drawdown has not yet recovered.
The current GLDM drawdown is -24.30%.
Since Jun 26, 2018 GLDM has experienced the following drawdowns:
- 20% or more: 2 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.27% | Jan 29, 2026 | 115 | Jul 16, 2026 | Ongoing | Ongoing | Ongoing |
| -21.63% | Aug 6, 2020 | 538 | Sep 26, 2022 | 315 | Dec 27, 2023 | 853 |
| -12.54% | Mar 9, 2020 | 8 | Mar 19, 2020 | 15 | Apr 9, 2020 | 23 |
| -10.07% | Oct 20, 2025 | 11 | Nov 4, 2025 | 33 | Dec 22, 2025 | 44 |
| -8.10% | Oct 30, 2024 | 12 | Nov 15, 2024 | 49 | Jan 30, 2025 | 61 |
| -7.11% | Apr 21, 2025 | 17 | May 14, 2025 | 21 | Jun 13, 2025 | 38 |
| -6.79% | Jul 9, 2018 | 28 | Aug 16, 2018 | 87 | Dec 20, 2018 | 115 |
| -6.44% | Sep 4, 2019 | 48 | Nov 11, 2019 | 37 | Jan 6, 2020 | 85 |
| -5.71% | May 20, 2024 | 13 | Jun 7, 2024 | 25 | Jul 16, 2024 | 38 |
| -5.26% | Feb 19, 2019 | 51 | May 2, 2019 | 32 | Jun 18, 2019 | 83 |
| -4.89% | Feb 24, 2020 | 4 | Feb 28, 2020 | 4 | Mar 5, 2020 | 8 |
| -4.84% | Dec 26, 2025 | 3 | Dec 31, 2025 | 7 | Jan 12, 2026 | 10 |
| -4.77% | Jun 13, 2025 | 31 | Jul 30, 2025 | 22 | Aug 29, 2025 | 53 |
| -4.73% | Mar 31, 2025 | 5 | Apr 7, 2025 | 3 | Apr 10, 2025 | 8 |
| -4.35% | Jul 16, 2024 | 7 | Jul 25, 2024 | 12 | Aug 12, 2024 | 19 |
| -4.22% | Dec 27, 2023 | 33 | Feb 14, 2024 | 11 | Mar 1, 2024 | 44 |
| -4.20% | Apr 16, 2024 | 10 | Apr 30, 2024 | 13 | May 17, 2024 | 23 |
| -4.01% | May 20, 2020 | 11 | Jun 5, 2020 | 11 | Jun 22, 2020 | 22 |
| -3.29% | Feb 24, 2025 | 4 | Feb 28, 2025 | 9 | Mar 13, 2025 | 13 |
| -2.75% | Jun 25, 2019 | 4 | Jul 1, 2019 | 11 | Jul 17, 2019 | 15 |
| -2.61% | Apr 14, 2020 | 3 | Apr 17, 2020 | 4 | Apr 23, 2020 | 7 |
| -2.49% | Apr 23, 2020 | 5 | Apr 30, 2020 | 10 | May 14, 2020 | 15 |
| -2.40% | Sep 26, 2024 | 9 | Oct 9, 2024 | 5 | Oct 16, 2024 | 14 |
| -2.29% | Jul 18, 2019 | 9 | Jul 31, 2019 | 3 | Aug 5, 2019 | 12 |
| -2.08% | Jan 31, 2020 | 2 | Feb 4, 2020 | 9 | Feb 18, 2020 | 11 |