$Spdr Gold Minishares Trust (GLDM.US)$ There is a significan...
There is a significant difference between GLDM, which is denominated in US dollars, and 1540, which is denominated in yen. This results in different degrees of influence from exchange rates.
If you hold GLDM, you may benefit from both an increase in gold prices and a weak yen. On the other hand, 1540 is less directly affected by exchange rates, but since the price of gold is calculated in yen, it is more likely to increase in value in the case of a weak yen.
The 1-year total return for GLDM is approximately 31.05%, while the 1-year total return for 1540 is 25.35%.
The 1-year total return for GLDM is approximately 31.05%, while the 1-year total return for 1540 is 25.35%.
GLDM is highly regarded as a long-term investment due to its low expense ratio and high liquidity in the USA market.
1540 is considered as a means of diversifying risks in times of crisis due to its domestic nature.
Investors who do not want to take exchange rate risks tend to choose 1540, while investors who want to directly correlate with changes in gold prices choose GLDM.
1540 is considered as a means of diversifying risks in times of crisis due to its domestic nature.
Investors who do not want to take exchange rate risks tend to choose 1540, while investors who want to directly correlate with changes in gold prices choose GLDM.
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