BGLD vs. GLDI
Compare and contrast key facts about FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD) and Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI).
BGLD and GLDI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BGLD is an actively managed fund by First Trust. It was launched on Jan 20, 2021. GLDI is a passively managed fund by Credit Suisse Group AG that tracks the performance of the Credit Suisse NASDAQ Gold FLOWS 103 Index. It was launched on Jan 29, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGLD or GLDI.
Correlation
The correlation between BGLD and GLDI is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BGLD vs. GLDI - Performance Comparison
Key characteristics
BGLD:
1.99
GLDI:
1.74
BGLD:
2.68
GLDI:
2.31
BGLD:
1.38
GLDI:
1.33
BGLD:
3.96
GLDI:
3.10
BGLD:
15.37
GLDI:
11.60
BGLD:
1.33%
GLDI:
1.55%
BGLD:
10.30%
GLDI:
10.34%
BGLD:
-16.19%
GLDI:
-32.25%
BGLD:
-3.12%
GLDI:
-2.95%
Returns By Period
In the year-to-date period, BGLD achieves a 20.91% return, which is significantly higher than GLDI's 18.07% return.
BGLD
20.91%
-1.33%
11.41%
20.91%
N/A
N/A
GLDI
18.07%
-0.86%
10.21%
18.07%
8.72%
5.90%
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BGLD vs. GLDI - Expense Ratio Comparison
BGLD has a 0.90% expense ratio, which is higher than GLDI's 0.65% expense ratio.
Risk-Adjusted Performance
BGLD vs. GLDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD) and Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI). 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.
Dividends
BGLD vs. GLDI - Dividend Comparison
BGLD's dividend yield for the trailing twelve months is around 25.23%, more than GLDI's 11.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGLD FT Cboe Vest Gold Strategy Quarterly Buffer ETF | 25.23% | 10.49% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLDI Credit Suisse X-Links Gold Shares Covered Call ETN | 11.28% | 10.02% | 13.72% | 10.65% | 14.25% | 7.24% | 5.34% | 7.77% | 17.26% | 10.06% | 12.36% | 11.33% |
Drawdowns
BGLD vs. GLDI - Drawdown Comparison
The maximum BGLD drawdown since its inception was -16.19%, smaller than the maximum GLDI drawdown of -32.25%. Use the drawdown chart below to compare losses from any high point for BGLD and GLDI. For additional features, visit the drawdowns tool.
Volatility
BGLD vs. GLDI - Volatility Comparison
The current volatility for FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD) is 2.95%, while Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) has a volatility of 3.37%. This indicates that BGLD experiences smaller price fluctuations and is considered to be less risky than GLDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.