GLDB vs. AGZD

Last updated Apr 1, 2026

Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GLDB) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD).

GLDB and AGZD 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. AGZD is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. It was launched on Dec 18, 2013. Both GLDB and AGZD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

GLDB vs. AGZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Shares Gold-Hedged Bond ETF (GLDB) and WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD). The values are adjusted to include any dividend payments, if applicable.

GLDB vs. AGZD - Yearly Performance Comparison

	2026 (YTD)	2025
GLDB Strategy Shares Gold-Hedged Bond ETF	-2.60%	-3.51%
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	1.24%	0.58%

Returns By Period

In the year-to-date period, GLDB achieves a -2.60% return, which is significantly lower than AGZD's 1.24% return.

GLDB

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

AGZD

• 1D: 0.46%
• 1M: 0.66%
• YTD: 1.24%
• 6M: 2.27%
• 1Y: 5.10%
• 3Y*: 6.13%
• 5Y*: 4.13%
• 10Y*: 3.13%

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

GLDB vs. AGZD - Expense Ratio Comparison

GLDB has a 0.79% expense ratio, which is higher than AGZD's 0.23% expense ratio.

GLDB

Strategy Shares Gold-Hedged Bond ETF

AGZD

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

Return for Risk

GLDB vs. AGZD — Risk / Return Rank

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

AGZD

AGZD Risk / Return Rank: 86
AGZD Sharpe Ratio Rank: 80
AGZD Sortino Ratio Rank: 84
AGZD Omega Ratio Rank: 79
AGZD Calmar Ratio Rank: 95
AGZD Martin Ratio Rank: 94

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. 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GLDB	AGZD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.48	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.16	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	0.63	-0.94

Correlation

The correlation between GLDB and AGZD is 0.06, 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. AGZD - Dividend Comparison

GLDB's dividend yield for the trailing twelve months is around 0.20%, less than AGZD's 4.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLDB Strategy Shares Gold-Hedged Bond ETF	0.20%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	4.07%	4.12%	3.96%	6.07%	8.61%	1.66%	2.28%	2.83%	2.62%	2.31%	1.81%	1.66%

Drawdowns

GLDB vs. AGZD - Drawdown Comparison

The maximum GLDB drawdown since its inception was -27.36%, 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.

Drawdown Indicators

	GLDB	AGZD	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-8.46%	-18.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-8.46%	—
Current Drawdown Current decline from peak	-22.48%	0.00%	-22.48%
Average Drawdown Average peak-to-trough decline	-10.62%	-0.78%	-9.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.37%	—

Volatility

Volatility by Period

	GLDB	AGZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	44.68%	3.46%	+41.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.68%	3.56%	+41.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.68%	3.79%	+40.89%