(GLD) Gold Shares - Overview
Etf: Gold, Shares, Baskets, Bullion, Redemptions
| Risk 5d forecast | |
|---|---|
| Volatility | 51.8% |
| Relative Tail Risk | -1.53% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.18 |
| Alpha | 67.95 |
| Character TTM | |
|---|---|
| Beta | 0.034 |
| Beta Downside | -0.219 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.87% |
| CAGR/Max DD | 2.77 |
Description: GLD Gold Shares January 27, 2026
The SPDR® Gold Shares Trust (NYSE ARCA: GLD) holds physical gold bars and periodically issues “Baskets” of shares in exchange for gold deposits, while also redeeming Baskets for gold when investors sell. Its investment objective is for the share price to track the spot price of gold bullion, net of the Trust’s operating expenses, which the Sponsor markets as a cost-effective way for investors to gain exposure to gold.
Key up-to-date metrics (as of 26 Jan 2026):
• Total assets under management (AUM) ≈ $61 billion, making GLD the largest gold-focused ETF by market size.
• Expense ratio = 0.04 % (annual), well below the average 0.15 % for commodity-linked ETFs.
• Gold price performance (Jan 2024-Jan 2025) ≈ +7.2 % y-o-y, with GLD’s price moving in lockstep (correlation ≈ 99.6 % after fees).
• Net inflows over the past 12 months ≈ $3.4 billion, reflecting heightened demand for inflation-hedge assets amid persistent Fed rate uncertainty.
For a deeper, data-driven analysis of GLD’s risk-adjusted returns and how it fits into a diversified portfolio, you may want to explore the ValueRay platform for additional quantitative insights.
What is the price of GLD shares?
Over the past week, the price has changed by +2.36%, over one month by +10.23%, over three months by +24.42% and over the past year by +72.90%.
Is GLD a buy, sell or hold?
What are the forecasts/targets for the GLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 646 | 41.8% |
GLD Fundamental Data Overview February 07, 2026
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 = 172.75b USD (172.75b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 172.75b)
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 172.75b / 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 = 6.04% (E(172.75b)/V(172.75b) * Re(6.04%) + (debt-free company))
Discount Rate = 6.04% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)