GLDB vs. IGHG
GLDB (Strategy Shares Gold-Hedged Bond ETF) and IGHG (ProShares Investment Grade-Interest Rate Hedged) are both exchange-traded funds - GLDB is a Nontraditional Bonds fund tracking the Solactive Gold Backed Bond Index - Benchmark TR Gross, while IGHG is a Corporate Bonds fund tracking the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. Both are passively managed. At a 0.15 correlation, their price movements are largely independent. GLDB charges 0.79%/yr vs 0.30%/yr for IGHG.
Performance
GLDB vs. IGHG - Performance Comparison
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Returns By Period
In the year-to-date period, GLDB achieves a -18.42% return, which is significantly lower than IGHG's 2.12% return.
GLDB
- 1D
- -3.65%
- 1M
- -16.66%
- YTD
- -18.42%
- 6M
- -20.43%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGHG
- 1D
- 0.04%
- 1M
- 0.02%
- YTD
- 2.12%
- 6M
- 1.98%
- 1Y
- 5.86%
- 3Y*
- 8.33%
- 5Y*
- 5.15%
- 10Y*
- 4.84%
GLDB vs. IGHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | -18.42% | -3.56% |
IGHG ProShares Investment Grade-Interest Rate Hedged | 2.12% | 0.78% |
Correlation
The correlation between GLDB and IGHG is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025 | 0.15 |
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Return for Risk
GLDB vs. IGHG — Risk / Return Rank
GLDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IGHG
GLDB vs. IGHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and ProShares Investment Grade-Interest Rate Hedged (IGHG). 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 | IGHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.36 | — |
| Martin ratioReturn relative to average drawdown | — | 11.87 | — |
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Drawdowns
GLDB vs. IGHG - Drawdown Comparison
The maximum GLDB drawdown since its inception was -35.08%, which is greater than IGHG's maximum drawdown of -25.16%. Use the drawdown chart below to compare losses from any high point for GLDB and IGHG.
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Drawdown Indicators
| GLDB | IGHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.08% | -25.16% | -9.92% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.75% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.74% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -8.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.16% | — |
Current DrawdownCurrent decline from peak | -35.08% | -0.21% | -34.87% |
Average DrawdownAverage peak-to-trough decline | -14.76% | -2.29% | -12.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.50% | — |
Volatility
GLDB vs. IGHG - Volatility Comparison
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Volatility by Period
| GLDB | IGHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.58% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.46% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.15% | 3.40% | +36.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.15% | 5.02% | +35.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.15% | 7.45% | +32.70% |
GLDB vs. IGHG - Expense Ratio Comparison
GLDB has a 0.79% expense ratio, which is higher than IGHG's 0.30% expense ratio.
Dividends
GLDB vs. IGHG - Dividend Comparison
GLDB's dividend yield for the trailing twelve months is around 0.23%, less than IGHG's 5.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.23% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGHG ProShares Investment Grade-Interest Rate Hedged | 5.12% | 5.14% | 5.06% | 4.99% | 3.55% | 2.50% | 2.79% | 3.48% | 4.13% | 3.36% | 3.37% | 3.65% |
Frequently Asked Questions
GLDB and IGHG have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGHG is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGHG is cheaper with a 0.30% expense ratio, compared with 0.79% for GLDB.
IGHG has the higher dividend yield at 5.12%, compared with 0.23% for GLDB.
GLDB is categorized as Nontraditional Bonds, while IGHG is Corporate Bonds. GLDB tracks Solactive Gold Backed Bond Index - Benchmark TR Gross, while IGHG tracks Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. They also come from different issuers: Strategy Shares and ProShares. Their fees differ too: 0.79% for GLDB and 0.30% for IGHG.
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