All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

GLDM: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

GLDM real return snapshot: after CPI-U inflation, GLDM returned +16.05% over the past year and −7.29% YTD, with dividends reinvested. Since Jun. 26, 2018, GLDM is up +144.42% in real purchasing-power return, or +11.71%/yr, and is currently −25.61% below its real total-return high on Jan. 29, 2026.

Data ending Wed Jul. 22, 2026

Growth of $10,000

Tue 2018-06-26💬 to Wed 2026-07-22 Overall
Return 		Exponential
Trendline
GLDM × 		+144.42%
+11.71%/yr 		+10.39%/yr
R2=0.674
SPDR Gold MiniShares Trust Exchange-Traded Fund

Growth of $10,000 Summary

Tue 2018-06-26💬 to Wed 2026-07-22 Start
Value 		End
Value
GLDM × 		$10,000.00
2018-06-26 		$24,442.10
2026-07-22

This Year’s Performance

through 2026-07-22

  YTD YoY
GLDM × 		−7.29% +16.05%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GLDM × 		−25.61%
on 2026-07-22
from 2026-01-29 peak 		−31.60%
on 2022-10-20
from 2020-08-06 peak

Rolling Returns

Period ending Wed 2026-07-22 1 yr 2 yr 3 yr 5 yr 10 yr
GLDM × 		+16.05% +61.51%
+27.09%/yr 		+91.57%
+24.20%/yr 		+85.17%
+13.11%/yr 		—

Annual Returns

Year GLDM
2026 (YTD) −7.29%
2025 +59.93%
2024 +23.52%
2023 +9.38%
2022 −6.51%
2021 −10.32%
2020 +23.42%
2019 +15.46%
2018 +2.13%