GLD (SPDR Gold Shares) — over the past 10 years it returned about 12.2% annualized on a total-return basis, yields roughly 0.00%, and had a worst drawdown near -26.4%. Here is the full picture — and you can backtest it yourself for free.
$10,000, 10 years on
A $10,000 investment 10 years ago, dividends reinvested, would be worth about $35,466 today.
Sortino
1.06
Volatility
16.2%
$10k → today
$35,466
Dividend history
| Year | Dividend / share | YoY growth |
|---|---|---|
| 2020 | $0.00 | — |
| 2021 | $0.00 | — |
| 2022 | $0.00 | — |
| 2023 | $0.00 | — |
| 2024 | $0.00 | — |
| 2025 | $0.00 | — |
Risk & return vs the S&P 500
| Metric | GLD | SPY |
|---|---|---|
| CAGR | 12.2% | 14.2% |
| Volatility | 16.2% | 17.9% |
| Sharpe | 0.80 | 0.83 |
| Sortino | 1.06 | 1.01 |
| Max drawdown | -26.4% | -33.7% |
| Dividend yield | 0.00% | 1.02% |