GLD vs GLDM: returns, Sharpe ratio and drawdown

Over the past year, GLDM returned -4.88% against -5.24% for GLD. Over five years, GLDM averaged +18.52% a year, compared with +18.18% for GLD. GLDM had the higher Sharpe ratio over the past year (-0.18 vs -0.19), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -26.27% for GLDM and -26.40% for GLD.