GLDB vs. AGZD
GLDB (Strategy Shares Gold-Hedged Bond ETF) and AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) are both Nontraditional Bonds funds - GLDB tracks the Solactive Gold Backed Bond Index - Benchmark TR Gross while AGZD tracks the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. Both are passively managed. At a 0.09 correlation, their price movements are largely independent. GLDB charges 0.79%/yr vs 0.23%/yr for AGZD.
Performance
GLDB vs. AGZD - Performance Comparison
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Returns By Period
In the year-to-date period, GLDB achieves a -18.19% return, which is significantly lower than AGZD's 2.56% return.
GLDB
- 1D
- 0.25%
- 1M
- -5.20%
- 6M
- -22.97%
- YTD
- -18.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGZD
- 1D
- 0.04%
- 1M
- 0.20%
- 6M
- 2.30%
- YTD
- 2.56%
- 1Y
- 5.44%
- 3Y*
- 5.68%
- 5Y*
- 4.36%
- 10Y*
- 3.12%
GLDB vs. AGZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | -18.19% | -3.56% |
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.56% | 0.75% |
Correlation
The correlation between GLDB and AGZD is 0.09, 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 (All Time) Calculated using the full available price history since Oct 24, 2025 | 0.09 |
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Return for Risk
GLDB vs. AGZD — Risk / Return Rank
GLDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AGZD
GLDB vs. AGZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD). 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.
| GLDB | AGZD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 7.53 | — |
| Martin ratioReturn relative to average drawdown | — | 22.06 | — |
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Drawdowns
GLDB vs. AGZD - Drawdown Comparison
The maximum GLDB drawdown since its inception was -38.30%, which is greater than AGZD's maximum drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for GLDB and AGZD.
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Drawdown Indicators
| GLDB | AGZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.30% | -8.46% | -29.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.73% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.46% | — |
Current DrawdownCurrent decline from peak | -34.89% | -0.29% | -34.60% |
Average DrawdownAverage peak-to-trough decline | -16.22% | -0.77% | -15.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.25% | — |
Volatility
GLDB vs. AGZD - Volatility Comparison
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Volatility by Period
| GLDB | AGZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.69% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.95% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 39.71% | 2.68% | +37.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.71% | 3.60% | +36.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.71% | 3.71% | +36.00% |
GLDB vs. AGZD - Expense Ratio Comparison
GLDB has a 0.79% expense ratio, which is higher than AGZD's 0.23% expense ratio.
Dividends
GLDB vs. AGZD - Dividend Comparison
GLDB's dividend yield for the trailing twelve months is around 0.23%, less than AGZD's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 3.99% | 4.12% | 3.96% | 6.07% | 8.61% | 1.66% | 2.28% | 2.83% | 2.62% | 2.31% | 1.81% | 1.66% |
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.23% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLDB and AGZD have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AGZD is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AGZD is cheaper with a 0.23% expense ratio, compared with 0.79% for GLDB.
AGZD has the higher dividend yield at 3.99%, compared with 0.23% for GLDB.
GLDB tracks Solactive Gold Backed Bond Index - Benchmark TR Gross, while AGZD tracks Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. They also come from different issuers: Strategy Shares and WisdomTree. Their fees differ too: 0.79% for GLDB and 0.23% for AGZD.
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