SPDR® Gold Shares
SPDR Gold Shares tracks the price of physical gold bullion. This fund provides investors with a simple way to gain exposure to gold price movements globally.
See below how EuroFolio members build portfolios around GLD, and which ETFs they most commonly pair with it.
The most frequent companions for GLD in top-rated EuroFolio portfolios are long-term Treasury bonds like TLT or DTLA and broad equity indices such as CSPX, VTI, or VUG. Allocations to these bonds typically range between 20 and 45 percent, while equity exposure often sits between 20 and 50 percent. These combinations suggest a classic defensive role for gold, where it acts as a volatility dampener and a hedge against equity market drawdowns, effectively balancing the interest rate sensitivity of long-duration bonds with the growth potential of diversified stock holdings.
EuroFolio members consistently treat GLD as a core stabilizer, typically assigning it an allocation between 10 and 20 percent. Strategies like the Golden Butterfly and the Cockroach Portfolio rely on this 20 percent stake to anchor long-term performance, while more active strategies like the Global Barbell Portfolio use a 15 percent weight to maintain a higher Sharpe ratio. The data reveals that investors are not using gold for speculative gains but rather as a structural component to manage risk, as evidenced by the consistent inclusion of gold alongside defensive sectors like healthcare and utilities or managed futures like DBMF to smooth out portfolio volatility over multi-year horizons.
AI analysis of below portfolio data from our community only · Not investment advice · Jul 2026