Gldm vs IAU better buy?

The decision between GLDM and IAU largely depends on an investor's specific needs and preferences. Here's a comparison of the two ETFs to help you make an informed decision:

1. **Expense Ratio**:
- GLDM: 0.10%
- IAU: 0.25%
- GLDM has a lower expense ratio, which means it costs less to manage the fund.
2. **Gold Holdings**:
- GLDM: 100% physical gold bullion
- IAU: 100% gold bars held in vaults
- Both ETFs hold substantial amounts of gold, but GLDM's holdings are in physical bullion, while IAU's are in gold bars.
3. **Liquidity and Trading Volume**:
- GLDM: 2.37 million average daily trading volume
- IAU: 1 million average daily trading volume
- GLDM has a higher average trading volume, indicating greater liquidity.
4. **Asset Under Management (AUM)**:
- GLDM: $7.8 billion
- IAU: $28.5 billion
- IAU has a significantly higher AUM, which could be a factor for some investors.
5. **Inception and Structure**:
- GLDM: Inception on June 25, 2018, with a grantor trust structure
- IAU: Inception not specified, with a traditional ETF structure
- GLDM's structure includes a grantor trust, which can provide additional tax benefits.

**Conclusion**: If you prioritize cost savings and higher liquidity, GLDM might be the better choice. Its lower expense ratio and higher trading volume make it an attractive option for investors looking to minimize costs and enjoy greater liquidity. However, if you prefer a larger AUM and are not as concerned about the structure of the fund, IAU might be the better bet. It's important to consider your investment goals, risk tolerance, and other factors when deciding between these ETFs.