GLDB vs. ILS

Last updated Jun 5, 2026

GLDB (Strategy Shares Gold-Hedged Bond ETF) and ILS (Brookmont Catastrophic Bond ETF) are both Nontraditional Bonds funds. GLDB is passively managed, while ILS is actively managed. At a correlation of -0.08, they often move in opposite directions. GLDB charges 0.79%/yr vs 1.58%/yr for ILS.

Performance

GLDB vs. ILS - Performance Comparison

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

Returns By Period

In the year-to-date period, GLDB achieves a -7.90% return, which is significantly lower than ILS's 1.73% return.

GLDB

• 1D: -0.00%
• 1M: -8.42%
• YTD: -7.90%
• 6M: -5.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILS

• 1D: -0.08%
• 1M: 0.28%
• YTD: 1.73%
• 6M: 2.17%
• 1Y: 7.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLDB vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
GLDB Strategy Shares Gold-Hedged Bond ETF	-7.90%	-3.51%
ILS Brookmont Catastrophic Bond ETF	1.73%	0.83%

Correlation

The correlation between GLDB and ILS is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	-0.08

Return for Risk

GLDB vs. ILS — Risk / Return Rank

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

ILS

ILS Risk / Return Rank: 93
ILS Sharpe Ratio Rank: 85
ILS Sortino Ratio Rank: 93
ILS Omega Ratio Rank: 92
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 97

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. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and Brookmont Catastrophic Bond ETF (ILS). 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	ILS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	1.87	-2.32

Drawdowns

GLDB vs. ILS - Drawdown Comparison

The maximum GLDB drawdown since its inception was -27.36%, which is greater than ILS's maximum drawdown of -1.56%. Use the drawdown chart below to compare losses from any high point for GLDB and ILS.

Drawdown Indicators

	GLDB	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-1.56%	-25.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.55%	—
Current Drawdown Current decline from peak	-26.71%	-0.08%	-26.63%
Average Drawdown Average peak-to-trough decline	-13.52%	-0.25%	-13.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.17%	—

Volatility

Volatility by Period

	GLDB	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	39.82%	2.77%	+37.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.82%	3.38%	+36.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.82%	3.38%	+36.44%

GLDB vs. ILS - Expense Ratio Comparison

GLDB has a 0.79% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

GLDB vs. ILS - Dividend Comparison

GLDB's dividend yield for the trailing twelve months is around 0.21%, less than ILS's 8.10% yield.

Position	TTM	2025
GLDB Strategy Shares Gold-Hedged Bond ETF	0.21%	0.19%
ILS Brookmont Catastrophic Bond ETF	8.10%	6.06%

Frequently Asked Questions

Can I hold both GLDB and ILS in my portfolio?

GLDB and ILS have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLDB or ILS?

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.

Which ETF is cheaper, GLDB or ILS?

GLDB is cheaper with a 0.79% expense ratio, compared with 1.58% for ILS.

Which ETF pays a higher dividend yield, GLDB or ILS?

ILS has the higher dividend yield at 8.10%, compared with 0.21% for GLDB.

What is the main difference between GLDB and ILS?

They also come from different issuers: Strategy Shares and Brookmont. Their fees differ too: 0.79% for GLDB and 1.58% for ILS.