Investors pour $500M into cheaper SPDR Gold MiniShares, bypassing GLD for lower fees.

Investors have directed $499.8 million into the SPDR Gold MiniShares Trust (GLDM), favoring it over the larger SPDR Gold Shares (GLD) due to its significantly lower annual fee of 0.10% compared to GLD's 0.40%. Both funds hold physical gold, but GLDM offers a cost advantage that compounds over time, making it more attractive for long-term, buy-and-hold investors, especially in tax-sheltered accounts. GLD remains preferred for traders and options users due to its higher liquidity and established options market. Investors holding GLD in taxable accounts should carefully consider tax implications before switching.

The SPDR Gold Shares (GLD) is currently priced at USD 379.01 on Pluang, showing a 0.79% decline in the last day. As of Oct 20, 2026 06:01 WIB, GLD holds a market cap of $142.61 billion with a typical hold time of 76 days among Pluang users.