FBGX vs. GLDI
FBGX (UBS AG FI Enhanced Large Cap Growth ETN) and GLDI (UBS AG ETRACS Gold Shares Covered Call ETNs due February 2, 2033) are both exchange-traded funds - FBGX is a Leveraged Equities fund tracking the Russell 1000 Growth Index (200%), while GLDI is a Gold fund tracking the Credit Suisse NASDAQ Gold FLOWS 103 Index. Both are passively managed. At a 0.00 correlation, their price movements are largely independent. FBGX charges 1.29%/yr vs 0.65%/yr for GLDI.
Performance
FBGX vs. GLDI - Performance Comparison
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Returns By Period
FBGX
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLDI
- 1D
- -1.62%
- 1M
- -7.19%
- YTD
- -4.45%
- 6M
- -5.42%
- 1Y
- 11.67%
- 3Y*
- 17.47%
- 5Y*
- 10.96%
- 10Y*
- 7.83%
FBGX vs. GLDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBGX UBS AG FI Enhanced Large Cap Growth ETN | 0.00% | 0.00% | 35.73% | 83.74% | -56.41% | 57.04% | 65.79% | 75.84% | -16.58% | 64.01% |
GLDI UBS AG ETRACS Gold Shares Covered Call ETNs due February 2, 2033 | -4.45% | 34.25% | 17.76% | 8.93% | -1.11% | -3.42% | 23.50% | 14.40% | -0.54% | 8.94% |
Correlation
The correlation between FBGX and GLDI is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2014 | 0.00 |
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Return for Risk
FBGX vs. GLDI — Risk / Return Rank
FBGX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GLDI
FBGX vs. GLDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS AG FI Enhanced Large Cap Growth ETN (FBGX) and UBS AG ETRACS Gold Shares Covered Call ETNs due February 2, 2033 (GLDI). 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.
| FBGX | GLDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.16 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.83 | — |
| Martin ratioReturn relative to average drawdown | — | 2.73 | — |
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Drawdowns
FBGX vs. GLDI - Drawdown Comparison
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Drawdown Indicators
| FBGX | GLDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -32.26% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.14% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -14.94% | — |
Current DrawdownCurrent decline from peak | — | -13.28% | — |
Average DrawdownAverage peak-to-trough decline | — | -13.99% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.30% | — |
Volatility
FBGX vs. GLDI - Volatility Comparison
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Volatility by Period
| FBGX | GLDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.18% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.58% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 15.99% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 11.58% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 11.52% | — |
FBGX vs. GLDI - Expense Ratio Comparison
FBGX has a 1.29% expense ratio, which is higher than GLDI's 0.65% expense ratio.
Dividends
FBGX vs. GLDI - Dividend Comparison
FBGX has not paid dividends to shareholders, while GLDI's dividend yield for the trailing twelve months is around 26.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBGX UBS AG FI Enhanced Large Cap Growth ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLDI UBS AG ETRACS Gold Shares Covered Call ETNs due February 2, 2033 | 26.67% | 16.15% | 10.45% | 10.02% | 13.73% | 10.65% | 14.25% | 7.25% | 5.33% | 7.77% | 17.26% | 10.07% |
Frequently Asked Questions
FBGX and GLDI have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDI is cheaper with a 0.65% expense ratio, compared with 1.29% for FBGX.
GLDI has the higher dividend yield at 26.67%, compared with 0.00% for FBGX.
FBGX is categorized as Leveraged Equities, while GLDI is Gold. FBGX tracks Russell 1000 Growth Index (200%), while GLDI tracks Credit Suisse NASDAQ Gold FLOWS 103 Index. Their fees differ too: 1.29% for FBGX and 0.65% for GLDI.
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