ENDW vs. GOLY

Last updated Apr 1, 2026

Compare and contrast key facts about Cambria Endowment Style ETF (ENDW) and Strategy Shares Gold-Hedged Bond ETF (GOLY).

ENDW and GOLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENDW is an actively managed fund by Cambria. It was launched on Apr 9, 2025. GOLY is a passively managed fund by Strategy Shares that tracks the performance of the Solactive Gold-Backed Bond Index. It was launched on May 17, 2021.

Performance

ENDW vs. GOLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Endowment Style ETF (ENDW) and Strategy Shares Gold-Hedged Bond ETF (GOLY). The values are adjusted to include any dividend payments, if applicable.

ENDW vs. GOLY - Yearly Performance Comparison

	2026 (YTD)	2025
ENDW Cambria Endowment Style ETF	3.42%	30.77%
GOLY Strategy Shares Gold-Hedged Bond ETF	-14.67%	38.01%

Returns By Period

In the year-to-date period, ENDW achieves a 3.42% return, which is significantly higher than GOLY's -14.67% return.

ENDW

• 1D: 1.81%
• 1M: -4.20%
• YTD: 3.42%
• 6M: 7.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOLY

• 1D: 1.45%
• 1M: -26.37%
• YTD: -14.67%
• 6M: -7.13%
• 1Y: 14.96%
• 3Y*: 18.13%
• 5Y*: —
• 10Y*: —

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

ENDW vs. GOLY - Expense Ratio Comparison

ENDW has a 0.29% expense ratio, which is lower than GOLY's 0.79% expense ratio.

GOLY

Strategy Shares Gold-Hedged Bond ETF

ENDW

Cambria Endowment Style ETF

Return for Risk

ENDW vs. GOLY — Risk / Return Rank

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

GOLY

GOLY Risk / Return Rank: 28
GOLY Sharpe Ratio Rank: 27
GOLY Sortino Ratio Rank: 28
GOLY Omega Ratio Rank: 30
GOLY Calmar Ratio Rank: 28
GOLY Martin Ratio Rank: 30

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.

ENDW vs. GOLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Endowment Style ETF (ENDW) and Strategy Shares Gold-Hedged Bond ETF (GOLY). 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

	ENDW	GOLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.24	0.36	+2.89

Correlation

The correlation between ENDW and GOLY is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ENDW vs. GOLY - Dividend Comparison

ENDW's dividend yield for the trailing twelve months is around 2.34%, less than GOLY's 9.09% yield.

	TTM	2025	2024	2023	2022	2021
ENDW Cambria Endowment Style ETF	2.34%	1.91%	0.00%	0.00%	0.00%	0.00%
GOLY Strategy Shares Gold-Hedged Bond ETF	9.09%	7.22%	3.85%	2.94%	2.57%	1.11%

Drawdowns

ENDW vs. GOLY - Drawdown Comparison

The maximum ENDW drawdown since its inception was -6.44%, smaller than the maximum GOLY drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for ENDW and GOLY.

Drawdown Indicators

	ENDW	GOLY	Difference
Max Drawdown Largest peak-to-trough decline	-6.44%	-35.99%	+29.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.42%	—
Current Drawdown Current decline from peak	-4.36%	-26.37%	+22.01%
Average Drawdown Average peak-to-trough decline	-0.82%	-11.32%	+10.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.80%	—

Volatility

Volatility by Period

	ENDW	GOLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.36%	33.41%	-22.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.36%	21.90%	-10.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.36%	21.90%	-10.54%