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IncomeShares Gold + Yield ETP GBP (GLDE.L)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
XS2852999775
Inception Date
Jul 18, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
Ireland
Distribution Policy
Distributing
Asset Class
Commodity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of £10,000 in IncomeShares Gold + Yield ETP GBP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

GLDE.L is traded in GBp, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to GBp using the latest available exchange rates.

Returns By Period

IncomeShares Gold + Yield ETP GBP (GLDE.L) has returned 2.35% so far this year and 25.79% over the past 12 months.


IncomeShares Gold + Yield ETP GBP

1D
2.49%
1M
-9.06%
YTD
2.35%
6M
10.76%
1Y
25.79%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.61%
1M
-3.22%
YTD
-2.82%
6M
-0.72%
1Y
13.66%
3Y*
14.01%
5Y*
11.18%
10Y*
12.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 23, 2024, GLDE.L's average daily return is +0.11%, while the average monthly return is +2.26%. At this rate, your investment would double in approximately 2.6 years.

Historically, 71% of months were positive and 29% were negative. The best month was Sep 2025 with a return of +9.4%, while the worst month was Mar 2026 at -9.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 2 months.

On a daily basis, GLDE.L closed higher 57% of trading days. The best single day was Jul 4, 2025 with a return of +4.1%, while the worst single day was Mar 19, 2026 at -6.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.31%5.87%-9.06%2.35%
20258.42%1.09%6.02%0.95%-3.20%-1.85%5.62%2.51%9.36%4.65%3.29%0.11%42.81%
2024-0.37%1.59%2.46%8.33%-3.95%-0.78%7.05%

Benchmark Metrics

IncomeShares Gold + Yield ETP GBP has an annualized alpha of 30.34%, beta of 0.09, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since July 24, 2024.

  • This ETF captured 91.14% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -47.90%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.09 may look defensive, but with R² of 0.01 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.01 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
30.34%
Beta
0.09
0.01
Upside Capture
91.14%
Downside Capture
-47.90%

Expense Ratio

GLDE.L has an expense ratio of 0.35%, placing it in the medium range.


Return for Risk

Risk / Return Rank

GLDE.L ranks 60 for risk / return — better than 60% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


GLDE.L Risk / Return Rank: 6060
Overall Rank
GLDE.L Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
GLDE.L Sortino Ratio Rank: 5656
Sortino Ratio Rank
GLDE.L Omega Ratio Rank: 6363
Omega Ratio Rank
GLDE.L Calmar Ratio Rank: 5858
Calmar Ratio Rank
GLDE.L Martin Ratio Rank: 6060
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for IncomeShares Gold + Yield ETP GBP (GLDE.L) and compare them to a chosen benchmark (S&P 500 Index).


GLDE.LBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.17

0.73

+0.44

Sortino ratio

Return per unit of downside risk

1.51

1.14

+0.37

Omega ratio

Gain probability vs. loss probability

1.24

1.18

+0.06

Calmar ratio

Return relative to maximum drawdown

1.54

1.24

+0.30

Martin ratio

Return relative to average drawdown

6.13

4.87

+1.26

Explore GLDE.L risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

IncomeShares Gold + Yield ETP GBP provided a 4.96% dividend yield over the last twelve months, with an annual payout of £0.56 per share.


0.00%1.00%2.00%3.00%4.00%5.00%£0.00£0.10£0.20£0.30£0.40£0.5020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend£0.56£0.54£0.03

Dividend yield

4.96%4.82%0.38%

Monthly Dividends

The table displays the monthly dividend distributions for IncomeShares Gold + Yield ETP GBP. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026£0.08£0.00£0.00£0.08
2025£0.02£0.02£0.02£0.03£0.14£0.07£0.16£0.00£0.00£0.00£0.00£0.09£0.54
2024£0.03£0.00£0.03

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 IncomeShares Gold + Yield ETP GBP. 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 IncomeShares Gold + Yield ETP GBP was 16.63%, occurring on Mar 26, 2026. The portfolio has not yet recovered.

The current IncomeShares Gold + Yield ETP GBP drawdown is 10.56%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.63%Mar 3, 202618Mar 26, 2026
-12.14%Jan 29, 20263Feb 2, 202620Mar 2, 202623
-6.9%Oct 21, 20252Oct 22, 202540Dec 17, 202542
-6.38%Apr 23, 202546Jun 27, 202525Aug 1, 202571
-6.18%Oct 31, 202436Dec 19, 202413Jan 10, 202549

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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