GLDB vs. IAU
Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GLDB) and iShares Gold Trust (IAU).
GLDB and IAU 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. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both GLDB and IAU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLDB or IAU.
Correlation
The correlation between GLDB and IAU is 0.11, 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.
Performance
GLDB vs. IAU - Performance Comparison
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Key characteristics
GLDB:
1.55
IAU:
2.21
GLDB:
2.15
IAU:
2.91
GLDB:
1.27
IAU:
1.37
GLDB:
3.22
IAU:
4.70
GLDB:
8.72
IAU:
12.43
GLDB:
3.57%
IAU:
3.08%
GLDB:
20.31%
IAU:
17.65%
GLDB:
-35.99%
IAU:
-45.14%
GLDB:
-5.74%
IAU:
-5.12%
Returns By Period
In the year-to-date period, GLDB achieves a 18.24% return, which is significantly lower than IAU's 23.77% return.
GLDB
18.24%
1.05%
17.94%
31.28%
N/A
N/A
IAU
23.77%
0.52%
24.86%
38.64%
13.14%
10.00%
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GLDB vs. IAU - Expense Ratio Comparison
GLDB has a 0.79% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
GLDB vs. IAU — Risk-Adjusted Performance Rank
GLDB
IAU
GLDB vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and iShares Gold Trust (IAU). 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.
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Dividends
GLDB vs. IAU - Dividend Comparison
GLDB's dividend yield for the trailing twelve months is around 4.16%, while IAU has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | 4.16% | 3.85% | 2.94% | 2.57% | 1.11% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GLDB vs. IAU - Drawdown Comparison
The maximum GLDB drawdown since its inception was -35.99%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for GLDB and IAU. For additional features, visit the drawdowns tool.
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Volatility
GLDB vs. IAU - Volatility Comparison
Strategy Shares Gold-Hedged Bond ETF (GLDB) and iShares Gold Trust (IAU) have volatilities of 8.83% and 8.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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