GXLD vs GHLD: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
GXLD comes out ahead on 5 of 7 measures. Which matters most depends on you.
The short answer
Worth about $13,838 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
A tighter gap between the buy and sell price.
GXLD vs GHLD side by side
| GXLD leads on 5, GHLD on 2 | GXLDGlobal X Gold Bullion ETF | GHLDGlobal X Gold Bullion (Currency Hedged) ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | See the PDS |
| Fund manager | Global X | Global X |
| Asset class | Commodities | Commodities |
| Listed | May 2024 | Mar 2025 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.15%✓ | 0.35% |
| AUMfund size | $766m✓ | $240m |
| Net flows (Sep)new money in, last month | $34m✓ | $13m |
| Bid/ask spreadtrading cost, lower is better | 0.05%✓ | 0.06% |
| Total returns | ||
| 1 month | −3.4%✓ | −6.1% |
| 1 year | +1.9% | +5.7%✓ |
| 3 years p.a. | – | – |
| 5 years p.a. | – | – |
| $10,000 invested | ||
| 1 year ago | $10,195 | $10,572✓ |
| 5 years ago | – | – |
✓ marks the better figure on each measure. Returns include distributions, to 30 September 2026.
GXLD vs GHLD price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions · TradingView
What $10,000 invested is worth now
$10,000 put into GXLD 1 year ago is worth $10,195 today, against $10,572 in GHLD. That is $377 more in GHLD.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
GXLD's lower fee leaves about $13,838 more in your pocket over 20 years.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
GXLD and GHLD overlap
1 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.
| Biggest shared holdings | % of GXLD | % of GHLD |
|---|---|---|
| 100.00% | 100.00% |
Add more ETFs and see the overlap in Compare ETFs →
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Get the full GXLD vs GHLD report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- ★ FREE BONUSIs now a good time to invest? The Market Health-O-Meter
FAQs
Which is better, GXLD or GHLD?
It depends on what you need. On our numbers GXLD wins on 5 measures and GHLD on 2. GXLD is cheaper, with a management fee of 0.15% vs 0.35%. On $100,000 over 20 years that difference is worth about $13,838. GXLD is the larger fund at $766m vs $240m. GHLD has the better 1-year return: +5.7% vs +1.9%.
Which is cheaper, GXLD or GHLD?
GXLD charges 0.15% a year and GHLD charges 0.35% a year.
Can I hold both GXLD and GHLD?
You can, but check how much they overlap. GXLD is a commodities fund and GHLD is a commodities fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.