(GLDM) SPDR Gold Mini Shares - Ratings and Ratios
Gold, Bullion, Trust, Shares
Description: GLDM SPDR Gold Mini Shares October 16, 2025
The SPDR Gold Mini Shares (GLDM) are a U.S.-based exchange-traded fund that gives investors low-cost, flexible exposure to physical gold without the need to hold the metal directly. The fund’s expense ratio is 0.18%, considerably below many peer gold ETFs, and it tracks the price of gold bullion by holding allocated gold bars in secure vaults.
Key metrics to watch include the fund’s net asset value (NAV) per share, which typically mirrors spot gold prices within a tight bid-ask spread, and its daily trading volume, which averaged about 3 million shares in the past month-providing ample liquidity. Gold’s performance remains tightly linked to real-interest-rate differentials, U.S. inflation expectations, and geopolitical risk, all of which can drive demand for safe-haven assets and influence GLDM’s price trajectory.
For a deeper quantitative dive and scenario analysis on how GLDM may react to shifts in monetary policy, consider exploring the analytics platform ValueRay, where you can model the fund’s sensitivity to macro variables and compare it against alternative gold-linked products.
GLDM ETF Overview
| Market Cap in USD | 23,601m |
| Category | Commodities Focused |
| TER | 0.10% |
| IPO / Inception | 2018-06-25 |
GLDM ETF Ratings
| Growth Rating | 95.6% |
| Fundamental | - |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 30.2% |
| Analyst Rating | - |
GLDM Dividends
Currently no dividends paidGLDM Growth Ratios
| Growth Correlation 3m | 92.3% |
| Growth Correlation 12m | 96% |
| Growth Correlation 5y | 86.7% |
| CAGR 5y | 31.56% |
| CAGR/Max DD 3y (Calmar Ratio) | 2.81 |
| CAGR/Mean DD 3y (Pain Ratio) | 11.55 |
| Sharpe Ratio 12m | 2.25 |
| Alpha | 34.22 |
| Beta | 0.460 |
| Volatility | 21.97% |
| Current Volume | 3547.7k |
| Average Volume 20d | 7932.1k |
| Stop Loss | 76.4 (-3%) |
| Signal | -0.32 |
What is the price of GLDM shares?
Over the past week, the price has changed by -1.05%, over one month by +0.51%, over three months by +18.00% and over the past year by +49.48%.
Is SPDR Gold Mini Shares a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GLDM is around 93.43 USD . This means that GLDM is currently undervalued and has a potential upside of +18.58% (Margin of Safety).
Is GLDM a buy, sell or hold?
What are the forecasts/targets for the GLDM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 103.4 | 31.3% |
GLDM Fundamental Data Overview October 27, 2025
Beta = 0.46
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 23.60b USD (23.60b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 23.60b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 23.60b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.71% (E(23.60b)/V(23.60b) * Re(7.71%) + (debt-free company))
Discount Rate = 7.71% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for GLDM ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle