DUKZ vs. GLDB

Last updated Jul 12, 2026

DUKZ (Ocean Park Diversified Income ETF) and GLDB (Strategy Shares Gold-Hedged Bond ETF) are both Nontraditional Bonds funds. DUKZ is actively managed, while GLDB is passively managed. At a 0.46 correlation, their price movements are largely independent. DUKZ charges 1.03%/yr vs 0.79%/yr for GLDB.

Performance

DUKZ vs. GLDB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park Diversified Income ETF (DUKZ) 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, DUKZ achieves a 2.38% return, which is significantly higher than GLDB's -18.19% return.

DUKZ

• 1D: 0.04%
• 1M: 0.06%
• 6M: 1.77%
• YTD: 2.38%
• 1Y: 6.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLDB

• 1D: 0.25%
• 1M: -5.20%
• 6M: -22.97%
• YTD: -18.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DUKZ vs. GLDB - Yearly Performance Comparison

	2026 (YTD)	2025
DUKZ Ocean Park Diversified Income ETF	2.38%	-0.30%
GLDB Strategy Shares Gold-Hedged Bond ETF	-18.19%	-3.56%

Correlation

The correlation between DUKZ and GLDB is 0.46, 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	0.46

Return for Risk

DUKZ vs. GLDB — Risk / Return Rank

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

DUKZ

DUKZ Risk / Return Rank: 45
DUKZ Sharpe Ratio Rank: 45
DUKZ Sortino Ratio Rank: 43
DUKZ Omega Ratio Rank: 46
DUKZ Calmar Ratio Rank: 43
DUKZ Martin Ratio Rank: 47

GLDB

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

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.

DUKZ vs. GLDB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park Diversified Income ETF (DUKZ) 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.

	DUKZ	GLDB	Difference
Sharpe ratio: Return per unit of total volatility	1.27	—	—
Sortino ratio: Return per unit of downside risk	1.78	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.72	—	—
Martin ratio: Return relative to average drawdown	6.15	—	—

Drawdowns

DUKZ vs. GLDB - Drawdown Comparison

The maximum DUKZ drawdown since its inception was -4.70%, smaller than the maximum GLDB drawdown of -38.30%. Use the drawdown chart below to compare losses from any high point for DUKZ and GLDB.

Drawdown Indicators

	DUKZ	GLDB	Difference
Max Drawdown Largest peak-to-trough decline	-4.70%	-38.30%	+33.60%
Max Drawdown (1Y) Largest decline over 1 year	-3.39%	—	—
Current Drawdown Current decline from peak	-0.79%	-34.89%	+34.10%
Average Drawdown Average peak-to-trough decline	-1.12%	-16.22%	+15.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	—	—

Volatility

Volatility by Period

	DUKZ	GLDB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.60%	39.71%	-35.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.41%	39.71%	-35.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.41%	39.71%	-35.30%

DUKZ vs. GLDB - Expense Ratio Comparison

DUKZ has a 1.03% expense ratio, which is higher than GLDB's 0.79% expense ratio.

Dividends

DUKZ vs. GLDB - Dividend Comparison

DUKZ's dividend yield for the trailing twelve months is around 3.87%, more than GLDB's 0.23% yield.

Position	TTM	2025	2024
DUKZ Ocean Park Diversified Income ETF	3.87%	4.05%	2.44%
GLDB Strategy Shares Gold-Hedged Bond ETF	0.23%	0.19%	0.00%

Frequently Asked Questions

Can I hold both DUKZ and GLDB in my portfolio?

DUKZ and GLDB have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DUKZ or GLDB?

On fees, GLDB is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DUKZ or GLDB?

GLDB is cheaper with a 0.79% expense ratio, compared with 1.03% for DUKZ.

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

DUKZ has the higher dividend yield at 3.87%, compared with 0.23% for GLDB.

What is the main difference between DUKZ and GLDB?

They also come from different issuers: Ocean Park and Strategy Shares. Their fees differ too: 1.03% for DUKZ and 0.79% for GLDB.