GLDB vs. RFIX
GLDB (Strategy Shares Gold-Hedged Bond ETF) and RFIX (Simplify Bond Bull ETF) are both Nontraditional Bonds funds. GLDB is passively managed, while RFIX is actively managed. Their -0.05 correlation means they have often moved in opposite directions in the past. GLDB charges 0.79%/yr vs 0.50%/yr for RFIX.
Performance
GLDB vs. RFIX - 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 RFIX's 4.85% return.
GLDB
- 1D
- -2.39%
- 1M
- -1.34%
- 6M
- -24.53%
- YTD
- -19.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
RFIX
- 1D
- 0.12%
- 1M
- -2.47%
- 6M
- 5.09%
- YTD
- 4.85%
- 1Y
- -15.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -22.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $494.06K | $365.51K | $391.41K | |
| $6.74M | $8.71M | $16.93M |
GLDB vs. RFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | -19.84% | -3.56% |
RFIX Simplify Bond Bull ETF | 4.85% | -15.16% |
Correlation
The correlation between GLDB and RFIX is -0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025 | -0.05 |
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Return for Risk
GLDB vs. RFIX — Risk / Return Rank
GLDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RFIX
GLDB vs. RFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and Simplify Bond Bull ETF (RFIX). 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 | RFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.94 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.68 | — |
| Martin ratioReturn relative to average drawdown | — | -1.20 | — |
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Drawdowns
GLDB vs. RFIX - Drawdown Comparison
The maximum GLDB drawdown since its inception was -38.30%, roughly equal to the maximum RFIX drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for GLDB and RFIX.
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Drawdown Indicators
| GLDB | RFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.30% | -38.79% | +0.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.63% | — |
Current DrawdownCurrent decline from peak | -36.21% | -34.21% | -2.00% |
Average DrawdownAverage peak-to-trough decline | -17.73% | -24.89% | +7.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 12.18% | — |
Volatility
GLDB vs. RFIX - Volatility Comparison
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Volatility by Period
| GLDB | RFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.23% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.46% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 39.04% | 29.41% | +9.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.04% | 30.63% | +8.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.04% | 30.63% | +8.41% |
GLDB vs. RFIX - Expense Ratio Comparison
GLDB has a 0.79% expense ratio, which is higher than RFIX's 0.50% expense ratio.
Dividends
GLDB vs. RFIX - Dividend Comparison
GLDB's dividend yield for the trailing twelve months is around 0.24%, less than RFIX's 4.36% yield.
| Position | TTM | 2025 |
|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.24% | 0.19% |
RFIX Simplify Bond Bull ETF | 4.36% | 5.07% |
Frequently Asked Questions
GLDB and RFIX have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RFIX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RFIX is cheaper with a 0.50% expense ratio, compared with 0.79% for GLDB.
RFIX has the higher dividend yield at 4.36%, compared with 0.24% for GLDB.
They also come from different issuers: Strategy Shares and Simplify. Their fees differ too: 0.79% for GLDB and 0.50% for RFIX.
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