ABHY vs. GLDB
ABHY (Abacus Tactical High Yield ETF) and GLDB (Strategy Shares Gold-Hedged Bond ETF) are both Nontraditional Bonds funds. ABHY is actively managed, while GLDB is passively managed. At a 0.40 correlation, their price movements are largely independent. ABHY charges 0.63%/yr vs 0.79%/yr for GLDB.
Performance
ABHY vs. GLDB - Performance Comparison
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Returns By Period
In the year-to-date period, ABHY achieves a 0.19% return, which is significantly higher than GLDB's -7.90% return.
ABHY
- 1D
- -0.31%
- 1M
- 0.32%
- YTD
- 0.19%
- 6M
- 0.47%
- 1Y
- 5.34%
- 3Y*
- 6.41%
- 5Y*
- 1.12%
- 10Y*
- —
GLDB
- 1D
- -2.17%
- 1M
- -7.55%
- YTD
- -7.90%
- 6M
- -6.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ABHY vs. GLDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ABHY Abacus Tactical High Yield ETF | 0.19% | 0.90% |
GLDB Strategy Shares Gold-Hedged Bond ETF | -7.90% | -3.51% |
Correlation
The correlation between ABHY and GLDB is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025 | 0.40 |
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Return for Risk
ABHY vs. GLDB — Risk / Return Rank
ABHY
GLDB
ABHY vs. GLDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abacus Tactical High Yield ETF (ABHY) and Strategy Shares Gold-Hedged Bond ETF (GLDB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ABHY | GLDB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | — | — |
| Martin ratioReturn relative to average drawdown | 5.28 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABHY | GLDB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | -0.45 | +0.69 |
Drawdowns
ABHY vs. GLDB - Drawdown Comparison
The maximum ABHY drawdown since its inception was -16.96%, smaller than the maximum GLDB drawdown of -27.36%. Use the drawdown chart below to compare losses from any high point for ABHY and GLDB.
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Drawdown Indicators
| ABHY | GLDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.96% | -27.36% | +10.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.43% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.81% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.96% | — | — |
Current DrawdownCurrent decline from peak | -1.60% | -26.71% | +25.11% |
Average DrawdownAverage peak-to-trough decline | -5.73% | -13.44% | +7.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | — | — |
Volatility
ABHY vs. GLDB - Volatility Comparison
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Volatility by Period
| ABHY | GLDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.98% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.48% | 39.96% | -36.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.59% | 39.96% | -34.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.44% | 39.96% | -34.52% |
ABHY vs. GLDB - Expense Ratio Comparison
ABHY has a 0.63% expense ratio, which is lower than GLDB's 0.79% expense ratio.
Dividends
ABHY vs. GLDB - Dividend Comparison
ABHY's dividend yield for the trailing twelve months is around 5.20%, more than GLDB's 0.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ABHY Abacus Tactical High Yield ETF | 5.20% | 5.50% | 15.35% | 4.79% | 3.18% | 3.40% | 0.37% |
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.21% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ABHY and GLDB have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ABHY is cheaper at 0.63% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ABHY is cheaper with a 0.63% expense ratio, compared with 0.79% for GLDB.
ABHY has the higher dividend yield at 5.20%, compared with 0.21% for GLDB.
They also come from different issuers: Abacus and Strategy Shares. Their fees differ too: 0.63% for ABHY and 0.79% for GLDB.
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