DGLO vs. IGLD

Last updated Jun 6, 2026

DGLO (First Trust RBA Deglobalization ETF) and IGLD (FT Cboe Vest Gold Strategy Target Income ETF) are both exchange-traded funds - DGLO is a Large Cap Blend Equities fund actively managed by First Trust, while IGLD is a Precious Metals fund actively managed by First Trust. Both are actively managed. At a 0.22 correlation, their price movements are largely independent. DGLO charges 0.70%/yr vs 0.85%/yr for IGLD.

Performance

DGLO vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust RBA Deglobalization ETF (DGLO) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGLO achieves a 15.52% return, which is significantly higher than IGLD's -0.86% return.

DGLO

• 1D: -1.20%
• 1M: 0.86%
• YTD: 15.52%
• 6M: 14.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGLD

• 1D: -3.30%
• 1M: -7.06%
• YTD: -0.86%
• 6M: 1.78%
• 1Y: 21.53%
• 3Y*: 21.64%
• 5Y*: 12.45%
• 10Y*: —

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

DGLO vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025
DGLO First Trust RBA Deglobalization ETF	15.52%	3.03%
IGLD FT Cboe Vest Gold Strategy Target Income ETF	-0.86%	20.47%

Correlation

The correlation between DGLO and IGLD is 0.22, 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 Aug 8, 2025	0.22

Return for Risk

DGLO vs. IGLD — Risk / Return Rank

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

IGLD

IGLD Risk / Return Rank: 26
IGLD Sharpe Ratio Rank: 26
IGLD Sortino Ratio Rank: 24
IGLD Omega Ratio Rank: 30
IGLD Calmar Ratio Rank: 26
IGLD Martin Ratio Rank: 25

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.

DGLO vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust RBA Deglobalization ETF (DGLO) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DGLO	IGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.92	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	0.90	+0.63

Drawdowns

DGLO vs. IGLD - Drawdown Comparison

The maximum DGLO drawdown since its inception was -7.74%, smaller than the maximum IGLD drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for DGLO and IGLD.

Drawdown Indicators

	DGLO	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-7.74%	-18.59%	+10.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.56%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.59%	—
Current Drawdown Current decline from peak	-1.20%	-17.28%	+16.08%
Average Drawdown Average peak-to-trough decline	-2.05%	-5.26%	+3.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.58%	—

Volatility

Volatility by Period

	DGLO	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.45%	23.49%	-8.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	15.24%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.45%	15.06%	+0.39%

DGLO vs. IGLD - Expense Ratio Comparison

DGLO has a 0.70% expense ratio, which is lower than IGLD's 0.85% expense ratio.

Dividends

DGLO vs. IGLD - Dividend Comparison

DGLO's dividend yield for the trailing twelve months is around 0.48%, less than IGLD's 18.38% yield.

Position	TTM	2025	2024	2023	2022	2021
DGLO First Trust RBA Deglobalization ETF	0.48%	0.39%	0.00%	0.00%	0.00%	0.00%
IGLD FT Cboe Vest Gold Strategy Target Income ETF	18.38%	9.91%	20.81%	7.85%	4.45%	2.24%

Frequently Asked Questions

Can I hold both DGLO and IGLD in my portfolio?

DGLO and IGLD have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGLO or IGLD?

On fees, DGLO is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGLO or IGLD?

DGLO is cheaper with a 0.70% expense ratio, compared with 0.85% for IGLD.

Which ETF pays a higher dividend yield, DGLO or IGLD?

IGLD has the higher dividend yield at 18.38%, compared with 0.48% for DGLO.

What is the main difference between DGLO and IGLD?

DGLO is categorized as Large Cap Blend Equities, while IGLD is Precious Metals. Their fees differ too: 0.70% for DGLO and 0.85% for IGLD.