- Issuer
- Strategy Shares
- Inception Date
- May 17, 2021
- Region
- North America (U.S.)
- Category
- Nontraditional Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Solactive Gold Backed Bond Index - Benchmark TR Gross
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $33M
Share Price Chart
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Performance
GLDB Performance Chart
Strategy Shares Gold-Hedged Bond ETF (GLDB) is down 15.3% since the beginning of the year. GLDB is currently trading at $20 per share.
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Returns By Period
Strategy Shares Gold-Hedged Bond ETF
- 1D
- 0.21%
- 1M
- -13.50%
- YTD
- -15.33%
- 6M
- -16.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GLDB Monthly Returns History
Based on dividend-adjusted daily data since Oct 24, 2025, GLDB's average daily return is -0.09%, while the average monthly return is -2.08%.
Historically, 33% of months were positive and 67% were negative. The best month was Jan 2026 with a return of +6.2%, while the worst month was Jun 2026 at -13.0%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 2 months.
On a daily basis, GLDB closed higher 49% of trading days. The best single day was Feb 6, 2026 with a return of +7.0%, while the worst single day was Jan 30, 2026 at -13.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.21% | -1.64% | -6.76% | 2.08% | -2.14% | -12.98% | -15.33% | ||||||
| 2025 | -2.47% | -4.21% | 3.22% | -3.56% |
Benchmark Metrics
Strategy Shares Gold-Hedged Bond ETF has an annualized alpha of -38.66%, beta of 1.54, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since October 24, 2025.
- This ETF participated in 216.89% of S&P 500 Index downside but only -3.91% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.27 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -38.66%
- Beta
- 1.54
- R²
- 0.27
- Upside Capture
- -3.91%
- Downside Capture
- 216.89%
Expense Ratio
GLDB has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GLDB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Strategy Shares Gold-Hedged Bond ETF provided a 0.23% dividend yield over the last twelve months, with an annual payout of $0.05 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.05 | $0.05 |
Dividend yield | 0.23% | 0.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Strategy Shares Gold-Hedged Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.05 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Strategy Shares Gold-Hedged Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Strategy Shares Gold-Hedged Bond ETF was 33.45%, occurring on Jun 10, 2026. The portfolio has not yet recovered.
The current Strategy Shares Gold-Hedged Bond ETF drawdown is 32.62%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -33.45%Jun 2026 | 4mo 12d | — | 4mo 25dJan 2026 - now |
2025 correction2025 | -11.92%Nov 2025 | 28d | 1mo 5d | 2mo 3dOct 2025 - Dec 2025 |
2025 pullback2025 | -4.64%Dec 2025 | 2d | 5d | 7dDec 2025 - Jan 2026 |
2026 pullback2026 | -2.47%Jan 2026 | 1d | 4d | 5dJan 2026 - Jan 2026 |
2026 pullback2026 | -2.46%Jan 2026 | 5d | 3d | 8dJan 2026 - Jan 2026 |
Drawdown Indicators
| GLDB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.45% | -56.78% | +23.33% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -32.62% | -1.80% | -30.82% |
Average DrawdownAverage peak-to-trough decline | -14.64% | -10.71% | -3.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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