GLDB vs. ABHY

Last updated Apr 1, 2026

Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GLDB) and Abacus Tactical High Yield ETF (ABHY).

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

Performance

GLDB vs. ABHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Shares Gold-Hedged Bond ETF (GLDB) and Abacus Tactical High Yield ETF (ABHY). The values are adjusted to include any dividend payments, if applicable.

GLDB vs. ABHY - Yearly Performance Comparison

	2026 (YTD)	2025
GLDB Strategy Shares Gold-Hedged Bond ETF	-2.60%	-3.51%
ABHY Abacus Tactical High Yield ETF	-0.88%	0.90%

Returns By Period

In the year-to-date period, GLDB achieves a -2.60% return, which is significantly lower than ABHY's -0.88% return.

GLDB

• 1D: 3.72%
• 1M: -6.76%
• YTD: -2.60%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ABHY

• 1D: 0.47%
• 1M: -2.65%
• YTD: -0.88%
• 6M: 0.55%
• 1Y: 6.84%
• 3Y*: 5.44%
• 5Y*: 1.08%
• 10Y*: —

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

GLDB vs. ABHY - Expense Ratio Comparison

GLDB has a 0.79% expense ratio, which is higher than ABHY's 0.63% expense ratio.

GLDB

Strategy Shares Gold-Hedged Bond ETF

ABHY

Abacus Tactical High Yield ETF

Return for Risk

GLDB vs. ABHY — Risk / Return Rank

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

ABHY

ABHY Risk / Return Rank: 84
ABHY Sharpe Ratio Rank: 87
ABHY Sortino Ratio Rank: 90
ABHY Omega Ratio Rank: 86
ABHY Calmar Ratio Rank: 75
ABHY Martin Ratio Rank: 83

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.

GLDB vs. ABHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and Abacus Tactical High Yield ETF (ABHY). 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

	GLDB	ABHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.80	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	0.21	-0.52

Correlation

The correlation between GLDB and ABHY is 0.33, 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

GLDB vs. ABHY - Dividend Comparison

GLDB's dividend yield for the trailing twelve months is around 0.20%, less than ABHY's 5.25% yield.

	TTM	2025	2024	2023	2022	2021	2020
GLDB Strategy Shares Gold-Hedged Bond ETF	0.20%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%
ABHY Abacus Tactical High Yield ETF	5.25%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%

Drawdowns

GLDB vs. ABHY - Drawdown Comparison

The maximum GLDB drawdown since its inception was -27.36%, which is greater than ABHY's maximum drawdown of -16.96%. Use the drawdown chart below to compare losses from any high point for GLDB and ABHY.

Drawdown Indicators

	GLDB	ABHY	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-16.96%	-10.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.96%	—
Current Drawdown Current decline from peak	-22.48%	-2.65%	-19.83%
Average Drawdown Average peak-to-trough decline	-10.62%	-5.86%	-4.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.74%	—

Volatility

Volatility by Period

	GLDB	ABHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	44.68%	3.83%	+40.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.68%	5.58%	+39.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.68%	5.50%	+39.18%