DABS vs. GLDB

Last updated Jun 4, 2026

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 0.18 correlation, their price movements are largely independent. DABS charges 0.40%/yr vs 0.79%/yr for GLDB.

Performance

DABS vs. GLDB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Asset-Backed Securities ETF (DABS) and Strategy Shares Gold-Hedged Bond ETF (GLDB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DABS achieves a 0.88% return, which is significantly higher than GLDB's -7.90% return.

DABS

• 1D: -0.20%
• 1M: 0.21%
• YTD: 0.88%
• 6M: 1.22%
• 1Y: 5.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLDB

• 1D: -2.17%
• 1M: -7.55%
• YTD: -7.90%
• 6M: -6.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DABS vs. GLDB - Yearly Performance Comparison

	2026 (YTD)	2025
DABS DoubleLine Asset-Backed Securities ETF	0.88%	0.65%
GLDB Strategy Shares Gold-Hedged Bond ETF	-7.90%	-3.51%

Correlation

The correlation between DABS and GLDB is 0.18, 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	0.18

Return for Risk

DABS vs. GLDB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DABS

DABS Risk / Return Rank: 78
DABS Sharpe Ratio Rank: 71
DABS Sortino Ratio Rank: 79
DABS Omega Ratio Rank: 79
DABS Calmar Ratio Rank: 83
DABS Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	DABS	GLDB	Difference
Sharpe ratio: Return per unit of total volatility	2.28	—	—
Sortino ratio: Return per unit of downside risk	3.52	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	4.40	—	—
Martin ratio: Return relative to average drawdown	15.21	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DABS	GLDB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.05	-0.45	+2.50

Drawdowns

DABS vs. GLDB - Drawdown Comparison

The maximum DABS drawdown since its inception was -1.47%, smaller than the maximum GLDB drawdown of -27.36%. Use the drawdown chart below to compare losses from any high point for DABS and GLDB.

Drawdown Indicators

	DABS	GLDB	Difference
Max Drawdown Largest peak-to-trough decline	-1.47%	-27.36%	+25.89%
Max Drawdown (1Y) Largest decline over 1 year	-1.29%	—	—
Current Drawdown Current decline from peak	-0.49%	-26.71%	+26.22%
Average Drawdown Average peak-to-trough decline	-0.31%	-13.44%	+13.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	—	—

Volatility

Volatility by Period

	DABS	GLDB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.49%	39.96%	-37.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.56%	39.96%	-37.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.56%	39.96%	-37.40%

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 4.89%, more than GLDB's 0.21% yield.

Position	TTM	2025
DABS DoubleLine Asset-Backed Securities ETF	4.89%	3.81%
GLDB Strategy Shares Gold-Hedged Bond ETF	0.21%	0.19%

Frequently Asked Questions

Can I hold both DABS and GLDB in my portfolio?

DABS and GLDB have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DABS or GLDB?

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.

Which ETF is cheaper, DABS or GLDB?

DABS is cheaper with a 0.40% expense ratio, compared with 0.79% for GLDB.

Which ETF pays a higher dividend yield, DABS or GLDB?

DABS has the higher dividend yield at 4.89%, compared with 0.21% for GLDB.

What is the main difference between DABS and GLDB?

They also come from different issuers: DoubleLine and Strategy Shares. Their fees differ too: 0.40% for DABS and 0.79% for GLDB.