If You Invested $100 In SPDR Gold Shares Stock 10 Years Ago, You Would Have This Much Today

ALBILAD GOLD ETF -0.04%
SPDR Gold -0.55%

ALBILAD GOLD ETF

9405.SA

24.38

-0.04%

SPDR Gold

GLD

430.86

-0.55%

SPDR Gold Shares (NYSE:GLD) has outperformed the market over the past 10 years by 1.45% on an annualized basis producing an average annual return of 13.99%. Currently, SPDR Gold Shares has a market capitalization of $161.71 billion.

Buying $100 In GLD: If an investor had bought $100 of GLD stock 10 years ago, it would be worth $366.34 today based on a price of $439.79 for GLD at the time of writing.

SPDR Gold Shares's Performance Over Last 10 Years

comp_fig

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.