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SPDR Gold Shares (GLD) is an exchange-traded fund from SPDR focused on physical gold exposure. It is designed to reflect the performance of the price of gold bullion, less trust expenses. Its stated expense ratio is 40 bps. Investors commonly compare it with SLV, IAU, FGDL, PALL to evaluate benchmark coverage, factor or sector concentration, duration or commodity exposure, distribution profile, and how efficiently the exposure fits a broader portfolio.
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