DABS vs. GLDB
DABS (DoubleLine Asset-Backed Securities ETF) and GLDB (Strategy Shares Gold-Hedged Bond ETF) are both Nontraditional Bonds funds. DABS is actively managed, while GLDB is passively managed. At a 0.21 correlation, their price movements are largely independent. DABS charges 0.40%/yr vs 0.79%/yr for GLDB.
Performance
DABS vs. GLDB - Performance Comparison
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Returns By Period
In the year-to-date period, DABS achieves a 1.10% return, which is significantly higher than GLDB's -18.42% return.
DABS
- 1D
- -0.01%
- 1M
- 0.34%
- YTD
- 1.10%
- 6M
- 1.36%
- 1Y
- 4.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLDB
- 1D
- -3.65%
- 1M
- -16.66%
- YTD
- -18.42%
- 6M
- -20.43%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DABS vs. GLDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DABS DoubleLine Asset-Backed Securities ETF | 1.10% | 0.80% |
GLDB Strategy Shares Gold-Hedged Bond ETF | -18.42% | -3.56% |
Correlation
The correlation between DABS and GLDB is 0.21, 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 24, 2025 | 0.21 |
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Return for Risk
DABS vs. GLDB — Risk / Return Rank
DABS
GLDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DABS vs. GLDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Asset-Backed Securities ETF (DABS) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DABS | GLDB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | — | — |
| Martin ratioReturn relative to average drawdown | 12.94 | — | — |
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Drawdowns
DABS vs. GLDB - Drawdown Comparison
The maximum DABS drawdown since its inception was -1.47%, smaller than the maximum GLDB drawdown of -35.08%. Use the drawdown chart below to compare losses from any high point for DABS and GLDB.
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Drawdown Indicators
| DABS | GLDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.47% | -35.08% | +33.61% |
Max Drawdown (1Y)Largest decline over 1 year | -1.29% | — | — |
Current DrawdownCurrent decline from peak | -0.27% | -35.08% | +34.81% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -14.76% | +14.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | — | — |
Volatility
DABS vs. GLDB - Volatility Comparison
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Volatility by Period
| DABS | GLDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.67% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.65% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.46% | 40.15% | -37.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.55% | 40.15% | -37.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.55% | 40.15% | -37.60% |
DABS vs. GLDB - Expense Ratio Comparison
DABS has a 0.40% expense ratio, which is lower than GLDB's 0.79% expense ratio.
Dividends
DABS vs. GLDB - Dividend Comparison
DABS's dividend yield for the trailing twelve months is around 4.88%, more than GLDB's 0.23% yield.
| Position | TTM | 2025 |
|---|---|---|
DABS DoubleLine Asset-Backed Securities ETF | 4.88% | 3.81% |
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.23% | 0.19% |
Frequently Asked Questions
DABS and GLDB have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DABS is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DABS is cheaper with a 0.40% expense ratio, compared with 0.79% for GLDB.
DABS has the higher dividend yield at 4.88%, compared with 0.23% for GLDB.
They also come from different issuers: DoubleLine and Strategy Shares. Their fees differ too: 0.40% for DABS and 0.79% for GLDB.
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