GLDB vs. HNDL
GLDB (Strategy Shares Gold-Hedged Bond ETF) and HNDL (Strategy Shares Nasdaq 7HANDL Index ETF) are both exchange-traded funds - GLDB is a Nontraditional Bonds fund tracking the Solactive Gold Backed Bond Index - Benchmark TR Gross, while HNDL is a Diversified Portfolio fund tracking the NASDAQ 7 HANDL™ Index. Both are passively managed. Their 0.45 correlation means their historical movements had little consistent relationship. GLDB charges 0.79%/yr vs 0.97%/yr for HNDL.
Performance
GLDB vs. HNDL - 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 HNDL's 6.31% return.
GLDB
- 1D
- -2.39%
- 1M
- -1.34%
- 6M
- -24.53%
- YTD
- -19.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HNDL
- 1D
- 0.06%
- 1M
- -0.83%
- 6M
- 4.60%
- YTD
- 6.31%
- 1Y
- 11.49%
- 3Y*
- 10.63%
- 5Y*
- 4.38%
- 10Y*
- —
- ALL TIME*
- 5.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $494.06K | $365.51K | $391.41K | |
| $1.07M | $1.08M | $1.31M |
GLDB vs. HNDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | -19.84% | -3.56% |
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.31% | -0.23% |
Correlation
The correlation between GLDB and HNDL is 0.45, 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 | 0.45 |
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Return for Risk
GLDB vs. HNDL — Risk / Return Rank
GLDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HNDL
GLDB vs. HNDL - 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 Nasdaq 7HANDL Index ETF (HNDL). 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 | HNDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.28 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.28 | — |
| Martin ratioReturn relative to average drawdown | — | 9.13 | — |
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Drawdowns
GLDB vs. HNDL - Drawdown Comparison
The maximum GLDB drawdown since its inception was -38.30%, which is greater than HNDL's maximum drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for GLDB and HNDL.
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Drawdown Indicators
| GLDB | HNDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.30% | -23.72% | -14.58% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.96% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.25% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.72% | — |
Current DrawdownCurrent decline from peak | -36.21% | -1.34% | -34.87% |
Average DrawdownAverage peak-to-trough decline | -17.73% | -4.79% | -12.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.24% | — |
Volatility
GLDB vs. HNDL - Volatility Comparison
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Volatility by Period
| GLDB | HNDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.58% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.87% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 39.04% | 7.55% | +31.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.04% | 11.56% | +27.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.04% | 10.69% | +28.35% |
GLDB vs. HNDL - Expense Ratio Comparison
GLDB has a 0.79% expense ratio, which is lower than HNDL's 0.97% expense ratio.
Dividends
GLDB vs. HNDL - Dividend Comparison
GLDB's dividend yield for the trailing twelve months is around 0.24%, less than HNDL's 6.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.98% | 6.86% | 7.02% | 6.78% | 7.87% | 6.86% | 6.21% | 5.27% | 6.42% |
Frequently Asked Questions
GLDB and HNDL have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDB is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDB is cheaper with a 0.79% expense ratio, compared with 0.97% for HNDL.
HNDL has the higher dividend yield at 6.98%, compared with 0.24% for GLDB.
GLDB is categorized as Nontraditional Bonds, while HNDL is Diversified Portfolio. GLDB tracks Solactive Gold Backed Bond Index - Benchmark TR Gross, while HNDL tracks NASDAQ 7 HANDL™ Index. Their fees differ too: 0.79% for GLDB and 0.97% for HNDL.
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