GLCR vs. BPH

Last updated Jun 4, 2026

GLCR (GlacierShares Nasdaq Iceland ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - GLCR is a Europe Equities fund tracking the MarketVector Iceland Global Total Return Net Index, while BPH is a Oil & Gas fund actively managed by Precidian. GLCR is passively managed, while BPH is actively managed. At a correlation of -0.54, they often move in opposite directions. GLCR charges 0.95%/yr vs 0.19%/yr for BPH.

Performance

GLCR vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GlacierShares Nasdaq Iceland ETF (GLCR) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GLCR

• 1D: -0.67%
• 1M: -9.07%
• YTD: -10.49%
• 6M: -3.88%
• 1Y: -7.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: 1.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLCR vs. BPH - Yearly Performance Comparison

	2026 (YTD)
GLCR GlacierShares Nasdaq Iceland ETF	-10.76%
BPH BP p.l.c. ADRhedged ETF	2.83%

Correlation

The correlation between GLCR and BPH is -0.54, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.54

GLCR vs. BPH - Sectors Allocation Comparison

Sectors	GLCR	BPH
Financial Services	32.2%	-
Consumer Defensive	21.2%	-
Healthcare	20.2%	-
Real Estate	7.6%	-
Industrials	6.0%	-
Consumer Cyclical	5.8%	-
Basic Materials	5.6%	-
Communication Services	1.5%	-
Energy	-	100.0%
Technology	-	-
Utilities	-	-

Return for Risk

GLCR vs. BPH — Risk / Return Rank

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

GLCR

GLCR Risk / Return Rank: 5
GLCR Sharpe Ratio Rank: 5
GLCR Sortino Ratio Rank: 5
GLCR Omega Ratio Rank: 5
GLCR Calmar Ratio Rank: 5
GLCR Martin Ratio Rank: 3

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.

GLCR vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GlacierShares Nasdaq Iceland ETF (GLCR) and BP p.l.c. ADRhedged ETF (BPH). 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.

	GLCR	BPH	Difference
Sharpe ratio: Return per unit of total volatility	-0.45	—	—
Sortino ratio: Return per unit of downside risk	-0.50	—	—
Omega ratio: Gain probability vs. loss probability	0.94	—	—
Calmar ratio: Return relative to maximum drawdown	-0.44	—	—
Martin ratio: Return relative to average drawdown	-1.22	—	—
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

	GLCR	BPH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	9.48	-9.63

Drawdowns

GLCR vs. BPH - Drawdown Comparison

The maximum GLCR drawdown since its inception was -16.79%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for GLCR and BPH.

Drawdown Indicators

	GLCR	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-16.79%	-2.35%	-14.44%
Max Drawdown (1Y) Largest decline over 1 year	-16.79%	—	—
Current Drawdown Current decline from peak	-16.79%	0.00%	-16.79%
Average Drawdown Average peak-to-trough decline	-4.54%	-1.08%	-3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.02%	—	—

Volatility

Volatility by Period

	GLCR	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.40%	25.75%	-9.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.62%	25.75%	-7.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.62%	25.75%	-7.13%

GLCR vs. BPH - Expense Ratio Comparison

GLCR has a 0.95% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

GLCR vs. BPH - Dividend Comparison

GLCR's dividend yield for the trailing twelve months is around 1.08%, while BPH has not paid dividends to shareholders.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%
GLCR GlacierShares Nasdaq Iceland ETF	1.08%	0.97%

Frequently Asked Questions

Can I hold both GLCR and BPH in my portfolio?

GLCR and BPH have a correlation of -0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLCR or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLCR or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.95% for GLCR.

Which ETF pays a higher dividend yield, GLCR or BPH?

GLCR has the higher dividend yield at 1.08%, compared with 0.00% for BPH.

What is the main difference between GLCR and BPH?

GLCR is categorized as Europe Equities, while BPH is Oil & Gas. They also come from different issuers: Teucrium and Precidian. Their fees differ too: 0.95% for GLCR and 0.19% for BPH.