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 −7.36% over the past year and −13.70% YTD, with dividends reinvested. Since Jun. 26, 2018, GLDM is up +127.51% in real purchasing-power return, or +10.35%/yr, and is currently −30.76% below its real total-return high on Jan. 29, 2026.

Data ending Fri Oct. 30, 2026

Growth of $10,000

Tue 2018-06-26💬 to Fri 2026-10-30 Overall
Return 		Exponential
Trendline
GLDM × 		+127.51%
+10.35%/yr 		+10.79%/yr
R2=0.705
SPDR Gold MiniShares Exchange-Traded Fund

Growth of $10,000 Summary

Tue 2018-06-26💬 to Fri 2026-10-30 Start
Value 		End
Value
GLDM × 		$10,000.00
2018-06-26 		$22,750.63
2026-10-30

This Year’s Performance

through 2026-10-30

  YTD YoY
GLDM × 		−13.70% −7.36%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GLDM × 		−30.76%
on 2026-10-30
from 2026-01-29 peak 		−31.60%
on 2022-10-20
from 2020-08-06 peak

Rolling Returns

Period ending Fri 2026-10-30 1 yr 2 yr 3 yr 5 yr 10 yr
GLDM × 		−7.36% +29.93%
+13.99%/yr 		+76.73%
+20.90%/yr 		+77.24%
+12.13%/yr 		—

Annual Returns

Year GLDM
2026 (YTD) −13.70%
2025 +59.93%
2024 +23.52%
2023 +9.38%
2022 −6.51%
2021 −10.32%
2020 +23.42%
2019 +15.46%
2018 +2.13%