SPDR Gold Trust (GLD)

Market Price (8/20/2026): $414.43

SPDR Gold Trust (GLD)

Market Price (8/20/2026): $414.43

Key Takeaways

GLD has returned +4.4% YTD vs +13.1% for SPY; +35.6% over the past 12 months (SPY +21.2%). details →
Over the past month, GLD has seen net inflows of +$4.88B (+3.6% of assets). details →
GLD trades 17% below its 52-week high. details →
GLD's +4.4% YTD is behind its typical pace — it averaged +7.8% at this point (August 19) over the past 5 years. details →

Last updated: 8/19/2026.

Price Chart

ETF Price
Price/Gold

Asset Allocation with GLD

Risk Tolerance:

ConservativeModerateAggressive

Moderate — 55% equity / 25% bonds / 20% alternatives

10Y Return (ann.)

+11.9%

Volatility

11.3%

Sharpe

0.80

YTD

+8.2%

Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

	ETF	%	1D	1W	1M	YTD
Equity	SPY	25.0%	0.2%	-0.4%	2.8%	13.1%
Bond	BND	50.0%	0.5%	0.4%	0.4%	0.3%
Commodity	GLD	2.5%	3.8%	2.2%	10.4%	4.4%
Real Estate	VNQ	5.0%	1.0%	1.3%	-0.9%	13.6%
Bitcoin	BTCUSD	0.0%	-0.3%	1.7%	-3.1%	-26.3%
Cash	GOVT	7.5%	0.4%	0.4%	0.1%	-0.3%
Conservative Portfolio		100.0%	0.5%	0.3%	1.2%	4.6%

	ETF	%	1D	1W	1M	YTD
Equity	SPY	55.0%	0.2%	-0.4%	2.8%	13.1%
Bond	BND	25.0%	0.5%	0.4%	0.4%	0.3%
Commodity	GLD	4.0%	3.8%	2.2%	10.4%	4.4%
Real Estate	VNQ	5.0%	1.0%	1.3%	-0.9%	13.6%
Bitcoin	BTCUSD	2.0%	-0.3%	1.7%	-3.1%	-26.3%
Cash	GOVT	2.0%	0.4%	0.4%	0.1%	-0.3%
Moderate Portfolio		100.0%	0.5%	0.1%	2.1%	8.2%

	ETF	%	1D	1W	1M	YTD
Equity	SPY	80.0%	0.2%	-0.4%	2.8%	13.1%
Bond	BND	5.0%	0.5%	0.4%	0.4%	0.3%
Commodity	GLD	2.3%	3.8%	2.2%	10.4%	4.4%
Real Estate	VNQ	4.5%	1.0%	1.3%	-0.9%	13.6%
Bitcoin	BTCUSD	5.2%	-0.3%	1.7%	-3.1%	-26.3%
Cash	GOVT	0.0%	0.4%	0.4%	0.1%	-0.3%
Aggressive Portfolio		100.0%	0.3%	-0.1%	2.3%	10.1%

	ETF	%	Return	Volatility	Sharpe
Equity	SPY	25.0%	15.2%	15.3%	0.82
Bond	BND	50.0%	1.4%	5.2%	-0.24
Commodity	GLD	2.5%	12.5%	15.4%	0.64
Real Estate	VNQ	5.0%	4.9%	17.6%	0.19
Bitcoin	BTCUSD	0.0%	60.0%	76.1%	0.93
Cash	GOVT	7.5%	0.4%	4.9%	-0.46
Conservative Portfolio		100.0%	5.7%	7.3%	0.42

	ETF	%	Return	Volatility	Sharpe
Equity	SPY	55.0%	15.2%	15.3%	0.82
Bond	BND	25.0%	1.4%	5.2%	-0.24
Commodity	GLD	4.0%	12.5%	15.4%	0.64
Real Estate	VNQ	5.0%	4.9%	17.6%	0.19
Bitcoin	BTCUSD	2.0%	60.0%	76.1%	0.93
Cash	GOVT	2.0%	0.4%	4.9%	-0.46
Moderate Portfolio		100.0%	11.9%	11.3%	0.80

	ETF	%	Return	Volatility	Sharpe
Equity	SPY	80.0%	15.2%	15.3%	0.82
Bond	BND	5.0%	1.4%	5.2%	-0.24
Commodity	GLD	2.3%	12.5%	15.4%	0.64
Real Estate	VNQ	4.5%	4.9%	17.6%	0.19
Bitcoin	BTCUSD	5.2%	60.0%	76.1%	0.93
Cash	GOVT	0.0%	0.4%	4.9%	-0.46
Aggressive Portfolio		100.0%	17.3%	15.3%	0.94

Figures are on an annualized basis, based on monthly return data for the last 10 years

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	SPY	25.0%	-23.0%	-30.4%	-19.3%
Bond	BND	50.0%	-14.2%	-2.2%	1.3%
Commodity	GLD	2.5%	-7.7%	-6.3%	5.0%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	0.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	7.5%	-12.4%	4.4%	1.6%
Conservative Portfolio		100.0%	-17.2%	-11.8%	-5.0%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	SPY	55.0%	-23.0%	-30.4%	-19.3%
Bond	BND	25.0%	-14.2%	-2.2%	1.3%
Commodity	GLD	4.0%	-7.7%	-6.3%	5.0%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	2.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	2.0%	-12.4%	4.4%	1.6%
Moderate Portfolio		100.0%	-20.8%	-21.7%	-12.2%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	SPY	80.0%	-23.0%	-30.4%	-19.3%
Bond	BND	5.0%	-14.2%	-2.2%	1.3%
Commodity	GLD	2.3%	-7.7%	-6.3%	5.0%
Real Estate	VNQ	4.5%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	5.2%	-56.0%	-33.5%	-37.4%
Cash	GOVT	0.0%	-12.4%	4.4%	1.6%
Aggressive Portfolio		100.0%	-24.3%	-29.1%	-18.3%

The table shows the return of different asset classes during market crises - specifically during the period where the S&P fell and bottomed

Learn More →

Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance

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Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Top 20 Holdings for GLD

Total Weights
Top 5: N/A | Top 10: N/A | Top 20: N/A

Ticker

Performance for GLD Top Holdings

Ticker	Holding	Weight	Mkt Price 8/19	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
GLD	SPDR Gold Trust	100.00%	413.84	3.8%	12.6%	4.4%	35.6%	136.0%	148.3%	223.4%

Guidance Updates for GLD Top Holdings

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Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
GLD Return	-4%	-1%	13%	27%	64%	1%	123%
Peers Return	-4%	-1%	13%	27%	64%	4%	133%
S&P 500 Return	27%	-19%	24%	23%	16%	12%	105%
Monthly Win Rates [3]
GLD Win Rate	42%	33%	58%	67%	83%	50%
Peers Win Rate	46%	33%	58%	67%	83%	57%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
Max Drawdowns [4]
GLD Max Drawdown	-14%	-21%	-11%	-8%	-10%	-26%
Peers Max Drawdown	-14%	-21%	-11%	-8%	-10%	-22%
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: IAU, GLDM, SGOL, BAR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/19/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker	1Y	3Y	5Y
GLD	0.74	1.05	0.74
Commodity Top Results (3Y)
SGOL	1.38	1.37	0.95
BAR	1.31	1.35	0.93
SIVR	1.75	1.15	0.77
IAU	0.76	1.07	0.76
GLDM	0.75	1.07	0.76

Results as of 7312026.

Event	GLD	S&P 500
2022 Inflation Shock & Fed Tightening
% Loss	-10.2%	-24.5%
% Gain to Breakeven	11.3%	32.4%
Time to Breakeven	78 days	427 days
2016-2017 Trump Reflation Bond Selloff
% Loss	-15.0%	-3.7%
% Gain to Breakeven	17.6%	3.9%
Time to Breakeven	264 days	6 days
2014-2016 Oil Price Collapse
% Loss	-18.9%	-6.8%
% Gain to Breakeven	23.2%	7.3%
Time to Breakeven	183 days	15 days
2013 Taper Tantrum
% Loss	-18.6%	-0.2%
% Gain to Breakeven	22.9%	0.2%
Time to Breakeven	2058 days	1 days
2008-2009 Global Financial Crisis
% Loss	-14.1%	-53.4%
% Gain to Breakeven	16.5%	114.4%
Time to Breakeven	33 days	1085 days

Compare to IAU, GLDM, SGOL, BAR

In The Past

SPDR Gold Trust's stock fell -2.8% during the 2025 US Tariff Shock. Such a loss loss requires a 2.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

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Compare to IAU, GLDM, SGOL, BAR

In The Past

SPDR Gold Trust's stock fell -2.8% during the 2025 US Tariff Shock. Such a loss loss requires a 2.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

GLD Dip Buy History

GLD had 30 events since 1/1/2005 where the dip threshold of -5.0% within 60 days was triggered

11% median peak return within 1 year of dip event
269 days is the median time to peak return after a dip event
-8.6% median max drawdown within 1 year of dip event

60 Day Dip			GLD Subsequent Performance
Date	GLD	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			4%	11%	-9%	269
4212026	-6%	2%			-15%	1
10022023	-5%	-2%	45%	46%	-0%	360
6302023	-5%	9%	21%	26%	-5%	325
5312022	-7%	-4%	7%	11%	-12%	338
8092021	-5%	8%	3%	18%	-2%	211
2032021	-6%	9%	-2%	4%	-8%	119
10282020	-7%	-1%	-5%	4%	-11%	9
11262019	-5%	9%	23%	41%	-1%	254
6192018	-5%	7%	9%	9%	-8%	366
12012017	-5%	8%	-4%	6%	-9%	54
7102017	-5%	4%	3%	12%	0%	198
10042016	-6%	1%	0%	6%	-11%	338
11132015	-6%	-0%	12%	26%	-3%	238
7202015	-8%	1%	20%	23%	-5%	354
4142015	-5%	6%	4%	6%	-12%	331
3092015	-5%	1%	8%	8%	-10%	364
9152014	-7%	2%	-11%	6%	-12%	129
5282014	-7%	4%	-6%	6%	-9%	44
11082013	-6%	7%	-11%	7%	-12%	126
2152013	-7%	10%	-18%	0%	-26%	34
12182012	-5%	-0%	-27%	1%	-28%	35
4242012	-6%	5%	-12%	9%	-18%	163
11152011	-6%	12%	-4%	0%	-14%	324
2232010	-6%	-1%	26%	29%	-1%	286
5142009	-6%	14%	32%	33%	-2%	363
8112008	-7%	-8%	14%	21%	-14%	193
4252008	-5%	4%	2%	12%	-20%	301
9292006	-6%	5%	22%	24%	-5%	367
7252006	-5%	-3%	7%	12%	-8%	269
2162005	-5%	4%	28%	34%	-2%	351

[1] Dip event defined as first instance dip threshold is triggered within a 60-day time period.
[2] Analysis for period from 1/1/2005 to 8/19/2026

GLD had 15 events since 1/1/2005 where the dip threshold of -10% within 90 days was triggered

14% median peak return within 1 year of dip event
242 days is the median time to peak return after a dip event
-7.7% median max drawdown within 1 year of dip event

90 Day Dip			GLD Subsequent Performance
Date	GLD	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			4%	14%	-8%	242
6032026	-11%	10%			-11%	77
7112022	-11%	-10%	13%	18%	-6%	297
3032021	-11%	12%	12%	13%	-2%	363
12142020	-12%	10%	-4%	7%	-8%	22
8022018	-11%	7%	20%	20%	-3%	368
11142016	-11%	2%	5%	10%	-8%	297
10312014	-11%	4%	-4%	11%	-8%	83
12192013	-10%	8%	-0%	16%	-4%	85
4042013	-10%	13%	-18%	2%	-24%	5
2152013	-10%	5%	-18%	0%	-26%	34
6282012	-12%	-2%	-21%	15%	-23%	98
12162011	-11%	10%	4%	12%	-4%	293
10172008	-11%	-30%	35%	35%	-9%	361
8122008	-11%	-5%	15%	21%	-13%	192
9112006	-12%	0%	20%	21%	-4%	365

[1] Dip event defined as first instance dip threshold is triggered within a 90-day time period.
[2] Analysis for period from 1/1/2005 to 8/19/2026

GLD had 2 events since 1/1/2005 where the dip threshold of -20% within 180 days was triggered

24% median peak return within 1 year of dip event
219 days is the median time to peak return after a dip event
-8.1% median max drawdown within 1 year of dip event

180 Day Dip			GLD Subsequent Performance
Date	GLD	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			18%	24%	-8%	219
6052013	-21%	12%	-11%	1%	-15%	83
10232008	-21%	-30%	46%	48%	-1%	355

[1] Dip event defined as first instance dip threshold is triggered within a 180-day time period.
[2] Analysis for period from 1/1/2005 to 8/19/2026

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Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

Ticker	Name	Dip %	Mkt Price	Price Date	Peak Price	Peak Date	# Days
IEMG	iShares Core MSCI Emerging Markets ETF	-6.3%	80.57	8192026	86.00	6222026	58
EEM	iShares MSCI Emerging Markets ETF	-7.2%	66.11	8192026	71.21	6222026	58
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	-8.1%	34.27	8192026	37.30	6222026	58
EWY	iShares MSCI South Korea ETF	-20.4%	174.43	8192026	219.20	6212026	59
EWZ	iShares MSCI Brazil ETF	-17.9%	34.26	8192026	41.73	4142026	127
FXI	iShares China Large-Cap ETF	-8.1%	35.68	8192026	38.81	2222026	178
ILF	iShares Latin America 40 ETF	-11.6%	33.67	8192026	38.10	4142026	127
KWEB	KraneShares CSI China Internet ETF	-17.2%	27.22	8192026	32.89	2182026	182
MTUM	iShares MSCI USA Momentum Factor ETF	-11.4%	305.88	8192026	345.22	6222026	58
SPMO	Invesco S&P 500 Momentum ETF	-8.2%	148.35	8192026	161.66	6222026	58
URA	Global X Uranium ETF	-22.7%	45.01	8192026	58.26	5062026	105
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-12.6%	36.38	8192026	41.63	5132026	98
ROBO	ROBO Global Robotics & Automation Index ETF	-9.5%	81.72	8192026	90.34	6022026	78
LIT	Global X Lithium & Battery Tech ETF	-18.6%	74.57	8192026	91.62	5112026	100
ICLN	iShares Global Clean Energy ETF	-24.9%	17.83	8192026	23.75	6022026	78
ARKQ	ARK Autonomous Technology & Robotics ETF	-12.4%	126.01	8192026	143.82	5282026	83
ARKX	ARK Space & Defense Innovation ETF	-10.9%	33.64	8192026	37.74	5282026	83
NASA	Tema Space Innovators ETF	-40.3%	24.99	8192026	41.89	5272026	84
XOVR	EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF	-5.2%	20.23	8192026	21.34	7062026	44
AGIX	KraneShares Artificial Intelligence ETF	-9.9%	44.53	8192026	49.40	6012026	79
VGT	Vanguard Information Technology ETF	-5.4%	118.80	8192026	125.62	6022026	78
XLK	State Street Technology Select Sector SPDR ETF	-7.4%	183.64	8192026	198.21	6022026	78
XLC	State Street Communication Services Select Sector SPDR ETF	-6.5%	111.32	8192026	119.10	4192026	122
XLU	State Street Utilities Select Sector SPDR ETF	-7.1%	44.02	8192026	47.40	3012026	171
SMH	VanEck Semiconductor ETF	-16.1%	560.92	8192026	668.91	6222026	58
SOXX	iShares Semiconductor ETF	-20.7%	519.67	8192026	655.01	6222026	58
MISL	First Trust Indxx Aerospace & Defense ETF	-7.6%	46.79	8192026	50.66	3022026	170
RING	iShares MSCI Global Gold Miners ETF	-14.4%	85.10	8192026	99.42	3012026	171
SOXQ	Invesco PHLX Semiconductor ETF	-19.7%	92.39	8192026	115.11	6222026	58
TLT	iShares 20+ Year Treasury Bond ETF	-6.9%	83.02	8192026	89.15	3012026	171
VGLT	Vanguard Long-Term Treasury ETF	-5.7%	53.31	8192026	56.53	3012026	171
SPTL	State Street SPDR Portfolio Long Term Treasury ETF	-6.1%	25.36	8192026	26.99	3012026	171
TLH	iShares 10-20 Year Treasury Bond ETF	-5.3%	97.63	8192026	103.08	3012026	171
EDV	Vanguard World Funds Extended Duration ETF	-10.1%	60.59	8192026	67.42	3012026	171
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	-5.7%	34.45	8192026	36.53	5192026	92
GSG	iShares GSCI Commodity	-5.8%	30.01	8192026	31.85	3182026	154
GLD	SPDR Gold Trust	-15.5%	413.84	8192026	490.00	3022026	170
IAU	iShares Gold Trust	-15.5%	84.84	8192026	100.38	3022026	170
GLDM	SPDR Gold MiniShares Trust	-15.4%	89.29	8192026	105.54	3022026	170
SGOL	ETFS Physical Swiss Gold Shares	-12.1%	44.66	8192026	50.81	3022026	170
BAR	Direxion Daily Gold Bull 3X Shares	-15.6%	44.34	8192026	52.53	3022026	170
SLV	iShares Silver Trust	-29.4%	60.01	8192026	84.99	3012026	171
SIVR	ETFS Physical Silver Shares Trust ETF	-6.6%	83.39	8192026	89.26	3012026	171
PPLT	ETFS Physical Platinum Shares	-23.3%	16.46	8192026	21.47	3012026	171
CPER	United States Copper Index Fund ETV	-9.6%	33.33	8192026	36.88	3012026	171
PALL	ETFS Physical Palladium Shares	-25.5%	24.23	8192026	32.54	2242026	176
USO	United States Oil Fund LP	-14.4%	130.91	8192026	152.96	5192026	92
UNG	United States Natural Gas Fund LP	-23.2%	10.01	8192026	13.04	3122026	160
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	8192026	60.13	5042026	107
IBIT	iShares Bitcoin Trust ETF	-16.5%	38.78	8192026	46.47	5112026	100
FBTC	Fidelity Wise Origin Bitcoin Fund	-16.5%	59.60	8192026	71.35	5112026	100
ETHA	iShares Ethereum Trust ETF	-13.6%	15.88	8192026	18.38	4192026	122

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-08-19

Asset allocation rotation · Past week

Equity ETFs drew the largest net inflows (+$26.9B), followed by Bond (+$3.7B), while Real Estate (−$194M) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$18.5B) and out of Broad Sector (−$2.2B).
Relative to fund size, CNEQ drew the largest inflow (+46.7% of AUM) and TBLL the largest outflow (−9.7%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$13.14B	+1.6%
2	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$3.97B	+0.4%
3	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$3.44B	+0.7%
4	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$2.36B	+0.3%
5	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$1.47B	+1.4%
6	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$1.46B	+7.8%
7	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$1.27B	+0.7%
8	GLD this	SPDR Gold Shares	Commodity Gold	+$1.25B	+0.9%
9	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$1.23B	+2.8%
10	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$1.17B	+1.1%

#	Ticker	Name	Type	Net flow	% of AUM
1	CNEQ	Alger Concentrated Equity ETF	Other	+$726M	+46.7%
2	BFLX	iShares Flexible Equity Active ETF	Other	+$391M	+23.1%
3	FSMD	Fidelity Small-Mid Multifactor ETF	Other	+$607M	+23.1%
4	USMC	Principal U.S. Mega-Cap ETF	Other	+$700M	+15.9%
5	FVAL	Fidelity Value Factor ETF	Other	+$198M	+14.4%
6	ZROZ	PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund	Other	+$152M	+11.4%
7	FDLO	Fidelity Low Volatility Factor ETF	Other	+$156M	+10.9%
8	FQAL	Fidelity Quality Factor ETF	Other	+$156M	+10.7%
9	CAIE	Calamos Autocallable Income ETF	Other	+$125M	+9.9%
10	CBOX		Other	+$115M	+8.4%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	SMH	VanEck Semiconductor ETF	Equity Industry Subsector	-$2.05B	-2.9%
2	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$1.81B	-3.2%
3	SPHQ	Invesco S&P 500 Quality ETF	Equity Factor Smart Beta	-$667M	-3.3%
4	DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	Equity US Large Concentrated	-$615M	-1.3%
5	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$458M	-5.8%
6	KRE	State Street SPDR S&P Regional Banking ETF	Equity Industry Subsector	-$443M	-9.4%
7	XLI	State Street Industrial Select Sector SPDR ETF	Equity Broad Sector	-$378M	-1.1%
8	IWB	iShares Russell 1000 ETF	Equity US Large Cap Core	-$361M	-0.7%
9	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$314M	-0.9%
10	IFRA	iShares U.S. Infrastructure ETF	Other	-$275M	-6.2%

#	Ticker	Name	Type	Net flow	% of AUM
1	TBLL	Invesco Short Term Treasury ETF	Other	-$252M	-9.7%
2	KRE	State Street SPDR S&P Regional Banking ETF	Equity Industry Subsector	-$443M	-9.4%
3	XNTK	State Street SPDR NYSE Technology ETF	Other	-$211M	-9.4%
4	SNXX	Tradr 2X Long SNDK Daily ETF	Other	-$205M	-8.9%
5	USO	United States Oil Fund, LP	Commodity Energy	-$175M	-8.5%
6	BGIG	Bahl & Gaynor Income Growth ETF	Other	-$169M	-7.5%
7	EWA	iShares MSCI Australia ETF	Other	-$96M	-7.2%
8	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$146M	-6.4%
9	IFRA	iShares U.S. Infrastructure ETF	Other	-$275M	-6.2%
10	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$458M	-5.8%

Asset allocation rotation · Past month

Equity ETFs drew the largest net inflows (+$67.3B), followed by Bond (+$17.3B), with every major asset class in net inflows.
Within the mix, money rotated into US Large Cap Core (+$23.8B) and out of Industry Subsector (−$5.7B).
Relative to fund size, CNEQ drew the largest inflow (+84.8% of AUM) and FTXL the largest outflow (−67.8%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$15.37B	+3.2%
2	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$14.85B	+1.4%
3	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$13.11B	+1.6%
4	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$5.69B	+3.4%
5	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$5.26B	+5.2%
6	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$5.17B	+0.8%
7	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	+$5.11B	+12.0%
8	GLD this	SPDR Gold Shares	Commodity Gold	+$4.88B	+3.6%
9	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$4.06B	+3.9%
10	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$3.94B	+3.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	CNEQ	Alger Concentrated Equity ETF	Other	+$852M	+84.8%
2	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$560M	+45.3%
3	USMC	Principal U.S. Mega-Cap ETF	Other	+$1.43B	+39.0%
4	DFAL		Other	+$539M	+33.5%
5	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$430M	+30.6%
6	BFLX	iShares Flexible Equity Active ETF	Other	+$433M	+26.0%
7	FSMD	Fidelity Small-Mid Multifactor ETF	Other	+$612M	+23.8%
8	SOXQ	Invesco PHLX Semiconductor ETF	Equity Industry Subsector	+$574M	+20.5%
9	CBOX		Other	+$259M	+20.2%
10	CAIE	Calamos Autocallable Income ETF	Other	+$231M	+19.1%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$9.79B	-1.1%
2	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.14B	-8.8%
3	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	-$3.6B	-8.3%
4	AIRR	First Trust RBA American Industrial RenaissanceTM ETF	Other	-$1.72B	-16.2%
5	FTCS	First Trust Capital Strength ETF	Other	-$1.51B	-19.0%
6	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$1.4B	-4.2%
7	SMH	VanEck Semiconductor ETF	Equity Industry Subsector	-$1.36B	-1.9%
8	VO	Vanguard Morningstar Mid-Cap ETF	Equity US Mid Cap Core	-$1.3B	-1.2%
9	MTUM	iShares MSCI USA Momentum Factor ETF	Equity Factor Smart Beta	-$1.15B	-4.5%
10	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$1.05B	-1.8%

#	Ticker	Name	Type	Net flow	% of AUM
1	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$921M	-67.8%
2	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$505M	-22.6%
3	FBT	First Trust NYSE Arca Biotechnology Index Fund	Other	-$547M	-19.7%
4	FTCS	First Trust Capital Strength ETF	Other	-$1.51B	-19.0%
5	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$195M	-19.0%
6	AIRR	First Trust RBA American Industrial RenaissanceTM ETF	Other	-$1.72B	-16.2%
7	KRE	State Street SPDR S&P Regional Banking ETF	Equity Industry Subsector	-$730M	-16.0%
8	SNXX	Tradr 2X Long SNDK Daily ETF	Other	-$271M	-15.2%
9	XHB	State Street SPDR S&P Homebuilders ETF	Other	-$230M	-15.1%
10	USO	United States Oil Fund, LP	Commodity Energy	-$301M	-14.6%

Asset allocation rotation · Past 3 months

Equity ETFs drew the largest net inflows (+$194.3B), followed by Bond (+$71.1B), while Crypto (−$5.6B) and Commodity (−$1.3B) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$71.3B) and out of Gold (−$3.3B).
Relative to fund size, ACYN drew the largest inflow (+112.2% of AUM) and IYM the largest outflow (−57.0%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$38.92B	+4.5%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$26.08B	+3.3%
3	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$21.92B	+13.9%
4	DRAM	Roundhill Memory ETF	Other	+$18.27B	+78.2%
5	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$14.57B	+2.2%
6	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$14.2B	+14.7%
7	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$11.75B	+2.4%
8	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$11.64B	+11.8%
9	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$9.88B	+10.1%
10	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$9.45B	+21.7%

#	Ticker	Name	Type	Net flow	% of AUM
1	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$1.17B	+112.2%
2	NASA	Tema Space Innovators ETF	Equity Thematic	+$1.21B	+91.3%
3	DRAM	Roundhill Memory ETF	Other	+$18.27B	+78.2%
4	CORO	iShares International Country Rotation Active ETF	Equity International Broad	+$4.24B	+55.2%
5	ARKQ	ARK Autonomous Technology & Robotics ETF	Equity Thematic	+$1.15B	+55.1% ⚠
6	FLKR	Franklin FTSE South Korea ETF	Other	+$661M	+52.9%
7	IALT	iShares Systematic Alternatives Active ETF	Equity Asset Allocation	+$2.53B	+51.4% ⚠
8	CBOX		Other	+$565M	+51.2%
9	IHE	iShares U.S. Pharmaceuticals ETF	Other	+$639M	+50.9%
10	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$560M	+47.9% ⚠

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$15.88B	-1.6%
2	QUAL	iShares MSCI USA Quality Factor ETF	Equity Factor Smart Beta	-$6.13B	-13.3%
3	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.5B	-45.3%
4	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.07B	-8.6%
5	IBIT	iShares Bitcoin Trust ETF	Crypto	-$3.78B	-7.9%
6	IQMM	ProShares - GENIUS Money Market ETF	Other	-$3.31B	-16.2%
7	IAU	iShares Gold Trust	Commodity Gold	-$3.21B	-5.1%
8	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.23B	-34.3%
9	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$2.17B	-23.8%
10	IVE	iShares S&P 500 Value ETF	Equity US Large Value	-$2.16B	-4.4%

#	Ticker	Name	Type	Net flow	% of AUM
1	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$698M	-57.0%
2	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.5B	-45.3%
3	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$907M	-38.4%
4	FXI	iShares China Large-Cap ETF	Equity Emerging Markets	-$1.55B	-34.3%
5	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.23B	-34.3%
6	KWEB	KraneShares CSI China Internet ETF	Equity Emerging Markets	-$1.57B	-28.5%
7	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$596M	-25.9%
8	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$2.17B	-23.8%
9	ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	Equity Emerging Markets	-$370M	-23.2%
10	AKRE	Akre Focus ETF	Equity US Large Growth	-$1.19B	-22.3%

Largest ETF fund flows across ~2622 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

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About GLD

Holdings Count: 0
Expense Ratio: 0.4%
Inception Date: 2004-11-18

SPDR Gold Shares
The SPDR Gold Trust aims to mirror the market price movements of physical gold bullion, after deducting its operational expenses. This pioneering fund was the first gold exchange-traded fund (ETF) to be introduced in the U.S., and also the initial U.S.-listed ETF to be backed by a tangible asset. For a significant number of investors, the combined expenses of purchasing GLD shares on the secondary market and covering the Trust's continuous fees could be lower than the expenditures associated with directly acquiring, safeguarding, and insuring physical gold within a conventional allocated bullion account.
Asset Class: Equity | ETF Website

	Title	Date
0	DASHBOARDS
1	The GLD ETF Has A History Of Not Falling With Stocks	07/01/2026

	Title
0	ARTICLES

Recent Active Movers

Top Gainers

Ticker	Company	Category	1D Rtn	YTD Rtn
ETHA	iShares Ethereum Trust ETF	Cryptocurrency	10.0%	-29.2%
RING	iShares MSCI Global Gold Miners ETF	Equity	9.5%	15.6%
IBB	iShares Biotechnology ETF	Equity	6.6%	28.6%
FBTC	Fidelity Wise Origin Bitcoin Fund	Cryptocurrency	6.0%	-21.8%
IBIT	iShares Bitcoin Trust ETF	Cryptocurrency	6.0%	-21.9%
XBI	State Street SPDR S&P Biotech ETF	Equity	5.9%	39.1%
PPLT	ETFS Physical Platinum Shares	Commodity	5.8%	-11.7%
ARKK	ARK Innovation ETF	Equity	5.3%	8.3%
SLV	iShares Silver Trust	Commodity	4.5%	-6.8%
GLDM	SPDR Gold MiniShares Trust	Commodity	3.8%	4.6%

Top Losers

Ticker	Company	Category	1D Rtn	YTD Rtn
NASA	Tema Space Innovators ETF	Equity	-2.7%	-0.7%
KRE	State Street SPDR S&P Regional Bankin...	Equity	-2.4%	16.4%
ITA	iShares U.S. Aerospace & Defense ETF	Equity	-2.4%	14.7%
SOXX	iShares Semiconductor ETF	Equity	-2.2%	72.7%
SOXQ	Invesco PHLX Semiconductor ETF	Equity	-2.1%	65.9%
MTUM	iShares MSCI USA Momentum Factor ETF	Equity	-1.9%	22.3%
ASHR	Xtrackers Harvest CSI 300 China A-Sha...	Equity	-1.8%	4.3%
SPMO	Invesco S&P 500 Momentum ETF	Equity	-1.7%	24.7%
MISL	First Trust Indxx Aerospace & Defense...	Equity	-1.6%	9.3%
SMH	VanEck Semiconductor ETF	Equity	-1.6%	55.8%

Top Gainers

Ticker	Company	Category	1W Rtn	YTD Rtn
ETHA	iShares Ethereum Trust ETF	Cryptocurrency	12.1%	-29.2%
FBTC	Fidelity Wise Origin Bitcoin Fund	Cryptocurrency	8.1%	-21.8%
IBB	iShares Biotechnology ETF	Equity	8.1%	28.6%
IBIT	iShares Bitcoin Trust ETF	Cryptocurrency	8.1%	-21.9%
RING	iShares MSCI Global Gold Miners ETF	Equity	7.6%	15.6%
XBI	State Street SPDR S&P Biotech ETF	Equity	6.4%	39.1%
XOP	State Street SPDR S&P Oil & Gas Explo...	Equity	4.3%	48.2%
XLV	State Street Health Care Select Secto...	Equity	4.3%	14.0%
XLE	State Street Energy Select Sector SPD...	Equity	4.2%	43.1%
VHT	Vanguard Health Care ETF	Equity	4.0%	15.3%

Top Losers

Ticker	Company	Category	1W Rtn	YTD Rtn
NASA	Tema Space Innovators ETF	Equity	-6.6%	-0.7%
SOXQ	Invesco PHLX Semiconductor ETF	Equity	-5.3%	65.9%
SOXX	iShares Semiconductor ETF	Equity	-4.9%	72.7%
SMH	VanEck Semiconductor ETF	Equity	-4.1%	55.8%
BOTZ	Global X Funds Global X Robotics & Ar...	Equity	-3.8%	0.4%
AGIX	KraneShares Artificial Intelligence ETF	Equity	-3.7%	22.7%
ROBO	ROBO Global Robotics & Automation Ind...	Equity	-3.6%	17.9%
ICLN	iShares Global Clean Energy ETF	Equity	-3.2%	8.5%
KRE	State Street SPDR S&P Regional Bankin...	Equity	-3.1%	16.4%
ARKX	ARK Space & Defense Innovation ETF	Equity	-3.0%	-3.6%

Top Gainers

Ticker	Company	Category	1M Rtn	YTD Rtn
RING	iShares MSCI Global Gold Miners ETF	Equity	33.8%	15.6%
IBB	iShares Biotechnology ETF	Equity	14.6%	28.6%
SLV	iShares Silver Trust	Commodity	13.1%	-6.8%
IGV	iShares Expanded Tech-Software Sector...	Equity	12.0%	-2.7%
URA	Global X Uranium ETF	Equity	11.8%	5.3%
GDE	WisdomTree Efficient Gold Plus Equity...	Equity	11.2%	-1.8%
PPLT	ETFS Physical Platinum Shares	Commodity	11.1%	-11.7%
COWZ	Pacer US Cash Cows 100 ETF	Equity	11.0%	19.4%
AKRE	Akre Focus ETF	Equity	10.6%	-7.5%
GLDM	SPDR Gold MiniShares Trust	Commodity	10.5%	4.6%

Top Losers

Ticker	Company	Category	1M Rtn	YTD Rtn
SOXX	iShares Semiconductor ETF	Equity	-6.0%	72.7%
SOXQ	Invesco PHLX Semiconductor ETF	Equity	-5.0%	65.9%
SMH	VanEck Semiconductor ETF	Equity	-4.0%	55.8%
EWZ	iShares MSCI Brazil ETF	Equity	-3.8%	7.8%
UNG	United States Natural Gas Fund LP	Commodity	-3.8%	-18.4%
ICLN	iShares Global Clean Energy ETF	Equity	-3.7%	8.5%
ILF	iShares Latin America 40 ETF	Equity	-2.9%	10.6%
MTUM	iShares MSCI USA Momentum Factor ETF	Equity	-2.7%	22.3%
USRT	iShares Core U.S. REIT ETF	Real Estate	-2.5%	18.2%
IYT	iShares U.S. Transportation ETF	Equity	-2.2%	16.6%

Peer Comparisons

Peers to compare with:

Profile

	GLD	IAU	GLDM	SGOL	BAR	Median
Name	SPDR Gold .	iShares Go.	SPDR Gold .	ETFS Physi.	Direxion D.
Asset Class	Commodity	Commodity	Commodity	Commodity	Commodity	-
AUM ($ Bil)	144.5	64.4	30.2	7.4	1.4	30.2
Expense Ratio	0.40%	0.25%	0.10%	0.17%	0.17%	0.17%
10-D Avg Volume (Mil)	7.24	5.76	3.99	2.49	0.23	3.99
Latest Day Volume (Mil)	16.34	10.63	4.29	2.96	0.21	4.29
Holdings Count	0	0	0	0	1	0
Inception Date	11/18/2004	1/21/2005	6/25/2018	9/9/2009	8/31/2017	-

Fundamentals

	GLD	IAU	GLDM	SGOL	BAR	Median
Name	SPDR Gold .	iShares Go.	SPDR Gold .	ETFS Physi.	Direxion D.
Net Asset Value	402.75	82.55	86.86	41.80	43.57	-
Premium/Discount	2.8%	2.8%	2.8%	-	-	2.8%
Distribution Yield	0.0%	0.0%	0.0%	-	-	0.0%
Sales Yield	-	-	-	-	-	-
Earnings Yield	-	-	-	-	-	-

Valuation

	GLD	IAU	GLDM	SGOL	BAR	Median
Name	SPDR Gold .	iShares Go.	SPDR Gold .	ETFS Physi.	Direxion D.
P/S (TTM)	-	-	-	-	-	-
P/E (TTM)	-	-	-	-	-	-
P/FCF (TTM)	-	-	-	-	-	-
Forward P/E	-	-	-	-	-	-
Forward P/S	-	-	-	-	-	-

Risk

	GLD	IAU	GLDM	SGOL	BAR	Median
Name	SPDR Gold .	iShares Go.	SPDR Gold .	ETFS Physi.	Direxion D.
Volatility (1Y)	28.8%	28.2%	28.6%	29.4%	30.2%	28.8%
Volatility (3Y)	21.0%	20.8%	20.9%	20.3%	19.9%	20.8%
Volatility (5Y)	18.6%	18.5%	18.5%	18.0%	17.7%	18.5%
Beta (1Y)	0.73	0.67	0.72	0.59	0.52	0.67
Beta (3Y)	0.25	0.23	0.24	0.18	0.15	0.23
Beta (5Y)	0.16	0.16	0.16	0.13	0.11	0.16
Sharpe Ratio (1Y)	1.18	1.21	1.20	1.72	1.84	1.21
Sharpe Ratio (3Y)	1.45	1.47	1.47	1.71	1.76	1.47
Sharpe Ratio (5Y)	1.09	1.10	1.11	1.23	1.24	1.11
Max Drawdown (1Y)	-26.4%	-26.4%	-26.3%	-19.1%	-16.6%	-26.3%
Max Drawdown (3Y)	-26.4%	-26.4%	-26.3%	-19.1%	-16.6%	-26.3%
Max Drawdown (5Y)	-26.4%	-26.4%	-26.3%	-20.9%	-20.9%	-26.3%

Returns

	GLD	IAU	GLDM	SGOL	BAR	Median
Name	SPDR Gold .	iShares Go.	SPDR Gold .	ETFS Physi.	Direxion D.
1M Return	10.4%	10.4%	10.5%	-	-	10.4%
3M Return	0.6%	0.6%	0.7%	-	-	0.6%
6M Return	-9.7%	-9.6%	-9.5%	-	-	-9.6%
YTD Return	4.4%	4.5%	4.6%	-	-	4.5%
1Y Return	34.8%	35.0%	35.3%	-	-	35.0%
2Y Return	83.0%	83.5%	84.1%	-	-	83.5%
3Y Return	133.7%	134.8%	135.8%	-	-	134.8%

Short Interest

Short Interest: As Of Date	7312026
Short Interest: Shares Quantity	12.1 Mil
Short Interest: % Change Since 7152026	-10.1%
Average Daily Volume	6.6 Mil
Days-to-Cover Short Interest	1.8 days

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SPDR Gold Trust (GLD)

Market Price (8/20/2026): $414.43

SPDR Gold Trust (GLD)

Market Price (8/20/2026): $414.43

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