GLDB vs. BND
GLDB (Strategy Shares Gold-Hedged Bond ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - GLDB is a Nontraditional Bonds fund tracking the Solactive Gold Backed Bond Index - Benchmark TR Gross, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Their 0.26 correlation means their historical movements had little consistent relationship. GLDB charges 0.79%/yr vs 0.03%/yr for BND.
Performance
GLDB vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, GLDB achieves a -19.84% return, which is significantly lower than BND's -0.54% return.
GLDB
- 1D
- -2.39%
- 1M
- -1.34%
- 6M
- -24.53%
- YTD
- -19.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BND
- 1D
- -0.26%
- 1M
- -1.20%
- 6M
- -0.75%
- YTD
- -0.54%
- 1Y
- 1.75%
- 3Y*
- 3.92%
- 5Y*
- -0.42%
- 10Y*
- 1.36%
- ALL TIME*
- 2.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $451.00M | $507.49M | $592.68M | |
| $494.06K | $365.51K | $391.41K |
GLDB vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | -19.84% | -3.56% |
BND Vanguard Total Bond Market ETF | -0.54% | -0.16% |
Correlation
The correlation between GLDB and BND is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025 | 0.26 |
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Return for Risk
GLDB vs. BND — Risk / Return Rank
GLDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BND
GLDB vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and Vanguard Total Bond Market ETF (BND). 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 | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.12 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.99 | — |
| Martin ratioReturn relative to average drawdown | — | 2.48 | — |
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Drawdowns
GLDB vs. BND - Drawdown Comparison
The maximum GLDB drawdown since its inception was -38.30%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for GLDB and BND.
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Drawdown Indicators
| GLDB | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.30% | -18.58% | -19.72% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -36.21% | -3.15% | -33.06% |
Average DrawdownAverage peak-to-trough decline | -17.73% | -3.06% | -14.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.07% | — |
Volatility
GLDB vs. BND - Volatility Comparison
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Volatility by Period
| GLDB | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 39.04% | 3.70% | +35.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.04% | 6.03% | +33.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.04% | 5.53% | +33.51% |
GLDB vs. BND - Expense Ratio Comparison
GLDB has a 0.79% expense ratio, which is higher than BND's 0.03% expense ratio.
Dividends
GLDB vs. BND - Dividend Comparison
GLDB's dividend yield for the trailing twelve months is around 0.24%, less than BND's 4.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.69% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.24% | 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 BND have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BND is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BND is cheaper with a 0.03% expense ratio, compared with 0.79% for GLDB.
BND has the higher dividend yield at 3.69%, compared with 0.24% for GLDB.
GLDB is categorized as Nontraditional Bonds, while BND is Total Bond Market. GLDB tracks Solactive Gold Backed Bond Index - Benchmark TR Gross, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: Strategy Shares and Vanguard. Their fees differ too: 0.79% for GLDB and 0.03% for BND.
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