GBTC vs GLD

Grayscale Bitcoin Trust vs SPDR Gold Shares

Quick take
  • GLD has the lower expense ratio at 0.40% vs 1.50% for GBTC.

Side-by-side metrics

MetricGBTCGLD
Expense ratio
Annual fee. Lower is better.
1.50%0.40%
Dividend yield
Trailing 12-month yield.
0.00%0.00%
AUM
Assets under management — bigger funds are typically more liquid.
$8.13B$130.05B
YTD return
-29.43%-5.52%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.000.41
P/E ratio
Last price
$48.93$379.32
Inception
Issuer
GrayscaleState Street

GBTC top holdings

Holdings data unavailable for GBTC.

GLD top holdings

Holdings data unavailable for GLD.

About GBTC

GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $8.1B in assets under management, an expense ratio of 1.50%.

About GLD

GLD (SPDR Gold Shares) is Physically backed gold ETF. Managed by State Street, the fund carries $130.1B in assets under management, an expense ratio of 0.40%.