Strategy Shares Gold-Hedged Bond ETF (GOLY)

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Strategy Shares Gold-Hedged Bond ETF (GOLY) is down 23.6% since the beginning of the year. GOLY is currently trading at $26 per share. Investors who bought $1,000 worth of GOLY shares 5 years ago would now be looking at an investment worth $1,335.

Strategy Shares Gold-Hedged Bond ETF (GOLY) has returned -23.60% so far this year and -6.67% over the past 12 months.

Based on dividend-adjusted daily data since May 18, 2021, GOLY's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, an investment would double in approximately 9.1 years.

Historically, 56% of months were positive and 44% were negative. The best month was Feb 2026 with a return of +19.8%, while the worst month was Mar 2026 at -26.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, GOLY closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +6.3%, while the worst single day was Jan 30, 2026 at -15.1%.

Strategy Shares Gold-Hedged Bond ETF has an annualized alpha of 4.21%, beta of 0.26, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since May 18, 2021.

• This ETF participated in 71.40% of S&P 500 Index downside but only 51.55% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.26 may look defensive, but with R2 of 0.04 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 0.04 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.

GOLY has an expense ratio of 0.79%, placing it in the medium range.

GOLY ranks 7 for risk / return — in the bottom 7% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Strategy Shares Gold-Hedged Bond ETF provided a 9.64% dividend yield over the last twelve months, with an annual payout of $2.51 per share. The fund has been increasing its distributions for 4 consecutive years.

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.

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.

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 36.08%, occurring on Jun 10, 2026. The portfolio has not yet recovered.

The current Strategy Shares Gold-Hedged Bond ETF drawdown is 34.08%.

The chart below shows the rolling one-month volatility.