Is $GOLD (Barrick Gold) or $GLD (SPDR Gold Trust) the better gold investment?

I've been researching adding gold to my portfolio as a hedge against inflation and market volatility. I'm torn between investing in $GOLD (Barrick Gold Corporation) and $GLD (SPDR Gold Trust ETF).

From what I understand:

$GOLD is a mining company that produces gold and

$GLD is an ETF that tracks the price of gold bullion, and people CLAIM this is offering more direct exposure to gold price movements without the company-specific risks.

I guess im also curious how GLD has historically outperformed GOLD and if people think this trend will remain true for 5,10,15 yr timeline.