GLDB vs. GOLY

Last updated Apr 2, 2026

Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GLDB) and Strategy Shares Gold-Hedged Bond ETF (GOLY).

GLDB and GOLY 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. GOLY is a passively managed fund by Strategy Shares that tracks the performance of the Solactive Gold-Backed Bond Index. It was launched on May 17, 2021. Both GLDB and GOLY 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. GOLY - Performance Comparison

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

GLDB vs. GOLY - Yearly Performance Comparison

	2026 (YTD)	2025
GLDB Strategy Shares Gold-Hedged Bond ETF	-1.61%	-3.51%
GOLY Strategy Shares Gold-Hedged Bond ETF	-11.63%	3.59%

Returns By Period

In the year-to-date period, GLDB achieves a -1.61% return, which is significantly higher than GOLY's -11.63% return.

GLDB

• 1D: 1.02%
• 1M: -7.02%
• YTD: -1.61%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOLY

• 1D: 3.57%
• 1M: -23.39%
• YTD: -11.63%
• 6M: -3.79%
• 1Y: 18.49%
• 3Y*: 19.51%
• 5Y*: —
• 10Y*: —

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

GLDB vs. GOLY - Expense Ratio Comparison

Both GLDB and GOLY have an expense ratio of 0.79%.

GLDB

Strategy Shares Gold-Hedged Bond ETF

GOLY

Strategy Shares Gold-Hedged Bond ETF

Return for Risk

GLDB vs. GOLY — Risk / Return Rank

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

GOLY

GOLY Risk / Return Rank: 29
GOLY Sharpe Ratio Rank: 28
GOLY Sortino Ratio Rank: 29
GOLY Omega Ratio Rank: 30
GOLY Calmar Ratio Rank: 28
GOLY Martin Ratio Rank: 30

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. GOLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and Strategy Shares Gold-Hedged Bond ETF (GOLY). 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	GOLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	0.39	-0.65

Correlation

The correlation between GLDB and GOLY is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GLDB vs. GOLY - Dividend Comparison

GLDB's dividend yield for the trailing twelve months is around 0.19%, less than GOLY's 8.77% yield.

	TTM	2025	2024	2023	2022	2021
GLDB Strategy Shares Gold-Hedged Bond ETF	0.19%	0.19%	0.00%	0.00%	0.00%	0.00%
GOLY Strategy Shares Gold-Hedged Bond ETF	8.77%	7.22%	3.85%	2.94%	2.57%	1.11%

Drawdowns

GLDB vs. GOLY - Drawdown Comparison

The maximum GLDB drawdown since its inception was -27.36%, smaller than the maximum GOLY drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for GLDB and GOLY.

Drawdown Indicators

	GLDB	GOLY	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-35.99%	+8.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.42%	—
Current Drawdown Current decline from peak	-21.70%	-23.75%	+2.05%
Average Drawdown Average peak-to-trough decline	-10.72%	-11.33%	+0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.96%	—

Volatility

Volatility by Period

	GLDB	GOLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	44.50%	33.56%	+10.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.50%	21.95%	+22.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.50%	21.95%	+22.55%