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SPDR Gold Shares (GLD)

406.77 -3.45 (-0.84%)
At close: September 4 at 4:00:00 PM EDT
406.53 -0.24 (-0.06%)
After hours: September 4 at 7:59:47 PM EDT
Trade GLD on Coinbase

ETF Summary

The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.

ETF Overview

Category Commodities Focused
Fund Family State Street Investment Management
Net Assets 152.86B
YTD Daily Total Return 2.64%
Yield 0.00%
Legal Type Exchange Traded Fund

ETF Operations

Attributes GLD Category Average
Annual Report Expense Ratio (net)
0.40% 0.82%
Holdings Turnover
0.00% 48.93%
Total Net Assets
0.00 0.00

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.
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