ETF Analysis
GLD ETF: Gold Exposure, Holdings, Fees and How It Works
GLD answer
GLD, SPDR Gold Shares, is a trust that holds physical gold bullion; each share represents a fractional interest in that gold. Its latest holdings show Physical Gold (100.0% of holdings). The trust's only cost is its expense ratio of 0.40%, which is paid by selling small amounts of gold, so the gold behind each share shrinks slightly every year. GLD manages $140.26B, and over the past year its price return was -6.3%.
- Main holding
- Physical Gold (100.0% of holdings)
- Expense ratio
- 0.40%
- Fund size
- $140.26B
- Annual volatility
- 29.17%
- 1Y price return
- -6.3%
SPDR Gold Shares (GLD) currently has an AIQ Score of 57/100, indicating a neutral setup. Sentiment is the strongest factor at 74/100. Momentum is the weakest current factor at 39/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
GLD at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $378.95 |
| AIQ Score | 57/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Strong Sell |
| Fund Size | $140.26B |
| Expense Ratio | 0.40% |
| Holdings Count | 1 |
| NAV | $380.18 |
| Asset Class | Commodities |
| Primary Exposure | Cash & Others (100.00%) |
| Issuer | SPDR |
| Domicile | US |
| Inception Date | Nov 18, 2004 |
| Distribution Yield | — |
| Beta | 0.45 |
| Average Volume | 8.81M |
| 52-week range | $360.12-$509.70 |
| RSI 14 | 45.54 |
| 50-Day SMA | $395.87 |
| 200-Day SMA | $414.64 |
| Risk Score | 58/100 |
| Momentum Score | 39/100 |
| Value Exposure Score | — |
GLD Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | -6.33% | -6.33% | -26.40% | Oct 20, 2025 |
| 3Y | 105.70% | 27.17% | -26.40% | Oct 20, 2023 |
| 5Y | 125.10% | 17.64% | -26.40% | Oct 22, 2021 |
| 10Y | 125.10% | 17.64% | -26.40% | Oct 22, 2021 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
GLDSPDR Gold Shares
Financial Services / Asset Management
Low Priority
Above Peers
Latest quote
- Momentum39
- Value—
- Quality72
- Risk resilience58
- Sentiment74
GLD ETF Analysis Summary
SPDR Gold Shares (GLD) currently has an AIQ Score of 57/100, indicating a neutral setup. Sentiment is the strongest factor at 74/100. Momentum is the weakest current factor at 39/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, GLD has AIQ Score of 57/100 with Sentiment base of 74/100 and fading Momentum at 39/100. Wait for component alignment before adding exposure.
Sentiment (74/100) leads while Momentum (39/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · 0.34% ETF move · GLD classified in Asset Management.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is GLD Bullish or Bearish Right Now?
GLD currently has a neutral overall setup. Sentiment is the strongest factor at 74/100, while Momentum is weakest at 39/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - Quality is supportive at 72/100.
- - Momentum is weak at 39/100.
- - Price is -8.61% below its 200-day SMA.
- - Technical consensus has more sell votes than buy votes (31 vs 5).
Current Consensus
GLD's Technical Analysis Consensus is currently Strong Sell, with 5 buy, 9 neutral, and 31 sell votes. GLD's 14-day RSI is 45.54, which places the ETF in a neutral momentum range. GLD's beta is 0.45, indicating lower market sensitivity than the broad market.
What Changed in GLD?
The largest recent change in GLD is Momentum moving up by 10.0 points over the available 7-day comparison window. Sentiment remains the strongest visible factor.
What Would Change the GLD Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
GLD Decision Framework
Public evidence layers, setup checks, and risk context for SPDR Gold Shares.
SPDR Gold Shares (GLD) ETF Analysis
SPDR Gold Shares has an AIQ Score of 57/100 in a Neutral regime. Sentiment is strongest at 74/100. Beta is 0.45, below market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | GLD is in a Neutral AIQ regime with score 57/100. |
| Signal Conflict | The primary conflict is that sentiment leads at 74/100 while momentum lags at 39/100. |
| Factor Evidence | Momentum 39/100 · Quality 72/100 · Risk 58/100 · Sentiment 74/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Sentiment is the strongest factor at 74/100.
Momentum is 39/100 and RSI (14) is 45.5.
GLD is in a Neutral regime at 57/100.
Risk factor is 58/100 with beta 0.45 and annual volatility 29.17%.
Current conflict: sentiment leads at 74/100 while momentum lags at 39/100.
GLD Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
GLD ETF Analytics
GLD holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
GLD Technical Analysis
GLD technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
GLD ETF Market Context
Track GLD market context, news pressure, trend changes, income events, and current allocation evidence.
GLD Distribution Analysis
GLD distribution yield, annualized distributions, payment history, and income context.
GLD ETF Data
GLD available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
GLD Risk Analysis
GLD volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
GLD ETF News
GLD ETF news, market tone, recent headlines, and catalyst context.
GLD vs ETF Peers
Current peer cohort: GLD · SLV · TLT · GLDM · IAU. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| GLD Current ETF | 57/100 | — | 39/100 | 58/100 | -0.2 | 29.17% | Current |
| SLV iShares Silver Trust | 57/100 | — | 31/100 | 69/100 | 0.42 | 62.95% | GLD vs SLV |
| TLT iShares 20+ Year Treasury Bond ETF | 59/100 | 45/100 | 60/100 | 53/100 | -1.74 | 9.62% | GLD vs TLT |
| GLDM SPDR Gold MiniShares | 57/100 | — | 38/100 | 57/100 | -0.19 | 29.00% | GLD vs GLDM |
| IAU iShares Gold Trust | 57/100 | — | 38/100 | 57/100 | -0.2 | 28.98% | GLD vs IAU |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
Popular GLD Comparisons
How GLD scores against the names it is most often compared with.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 21, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching GLD
Open the detailed evidence pages and workflows behind the ETF overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for GLD
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
GLD ETF FAQ
Is GLD real gold?
GLD is backed by physical gold bars held in a vault for the trust; its latest holdings show Physical Gold (100.0% of holdings). Shareholders own shares of the trust rather than specific bars, and only large authorized participants can exchange shares for gold.
What is GLD's expense ratio?
GLD's expense ratio is 0.40% a year, paid by selling a small amount of the trust's gold.
Is GLD better than buying physical gold?
GLD avoids storage, insurance and dealer markups and trades like a stock, but charges 0.40% a year and gives no claim to specific bars. In the U.S., gains on a gold trust are generally taxed like gains on physical gold, at the collectibles rate.