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IncomeShares Gold+ Yield ETP (GLDI.L) Sharpe Ratio: 1.29

ETF · Currency in USD · Last updated Jun 4, 2026

The IncomeShares Gold+ Yield ETP seeks to provide exposure to gold while generating monthly income by selling ‘out-of-the-money’ call options on the SPDR® Gold Shares and paying a return on the premia collected. The ETP aims to retain at least 3% upside exposure to the spot price of gold while harvesting compelling monthly yields.

GLDI.L's Sharpe Ratio of 1.29 indicates that for each unit of volatility, it generates 1.29 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

GLDI.L Sharpe Ratio Rank

GLDI.L Sharpe Ratio Rank: 35.736
Below Average

GLDI.L ranks above 35.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

GLDI.L Sharpe Ratio Market Positioning

The chart shows GLDI.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.85 or lower
  • Yellow zone (middle 50%): 0.85 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.68+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares IncomeShares Gold+ Yield ETP's Sharpe Ratio with other ETFs in the Derivative Income, Gold category across multiple time periods, showing how GLDI.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
GOOO.LIncomeShares Alphabet (GOOG) Options ETP GBP3.01
GOOI.LIncomeShares Alphabet (GOOG) Options ETP2.87
JEQP.LJPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP2.68
JEPQ.LJPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)2.51
QQQO.LIncomeShares Nasdaq 100 Options (0DTE) ETP GBP2.44
QQQY.LIncomeShares Nasdaq 100 Options (0DTE) ETP2.29
GDGB.LVanEck Gold Miners UCITS ETF1.56
GJGB.LVanEck Junior Gold Miners UCITS ETF1.48
IAUP.LiShares Gold Producers UCITS ETF USD Acc1.44
AUCO.LL&G Gold Mining UCITS ETF1.44
GLDI.LIncomeShares Gold+ Yield ETP1.29

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows GLDI.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when GLDI.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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