If You Invested $1000 In SPDR Gold MiniShares Trust Stock 5 Years Ago, You Would Have This Much Today

WORLD GOLD TRUST +1.27% Pre

WORLD GOLD TRUST

GLDM

96.04

95.15

+1.27%

-0.93% Pre

SPDR Gold MiniShares Trust (NYSE:GLDM) has outperformed the market over the past 5 years by 10.95% on an annualized basis producing an average annual return of 21.98%. Currently, SPDR Gold MiniShares Trust has a market capitalization of $31.67 billion.

Buying $1000 In GLDM: If an investor had bought $1000 of GLDM stock 5 years ago, it would be worth $2,712.38 today based on a price of $95.53 for GLDM at the time of writing.

SPDR Gold MiniShares Trust's Performance Over Last 5 Years

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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.