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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| GLD | +49.34% | +111.33% | +16.12% | +751% |
| S&P | +16.9% | +95.99% | +14.39% | +474% |
SPDR Gold Trust (the Trust), formerly StreetTRACKS Gold Trust, is an investment trust. The Trust holds gold, and from time to time, issues SPDR Gold Shares (Shares) in Baskets, in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. A Basket equals a block of 100,000 Shares.
Warren Buffett's focus on income-producing assets turned the Berkshire Hathaway conglomerate into a trillion-dollar powerhouse.
Gold is outperforming the S&P 500, the Nasdaq-100, and even Nvidia this year.
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