GLDB vs. RSBT

Last updated Apr 1, 2026

Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GLDB) and Return Stacked Bonds & Managed Futures ETF (RSBT).

GLDB and RSBT 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. RSBT is an actively managed fund by Return Stacked. It was launched on Feb 7, 2023.

Performance

GLDB vs. RSBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Shares Gold-Hedged Bond ETF (GLDB) and Return Stacked Bonds & Managed Futures ETF (RSBT). The values are adjusted to include any dividend payments, if applicable.

GLDB vs. RSBT - Yearly Performance Comparison

	2026 (YTD)	2025
GLDB Strategy Shares Gold-Hedged Bond ETF	-2.60%	-3.51%
RSBT Return Stacked Bonds & Managed Futures ETF	5.19%	0.80%

Returns By Period

In the year-to-date period, GLDB achieves a -2.60% return, which is significantly lower than RSBT's 5.19% return.

GLDB

• 1D: 3.72%
• 1M: -6.76%
• YTD: -2.60%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSBT

• 1D: 0.37%
• 1M: -4.56%
• YTD: 5.19%
• 6M: 11.52%
• 1Y: 14.67%
• 3Y*: 2.90%
• 5Y*: —
• 10Y*: —

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

GLDB vs. RSBT - Expense Ratio Comparison

GLDB has a 0.79% expense ratio, which is lower than RSBT's 0.97% expense ratio.

RSBT

Return Stacked Bonds & Managed Futures ETF

GLDB

Strategy Shares Gold-Hedged Bond ETF

Return for Risk

GLDB vs. RSBT — Risk / Return Rank

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

RSBT

RSBT Risk / Return Rank: 54
RSBT Sharpe Ratio Rank: 57
RSBT Sortino Ratio Rank: 52
RSBT Omega Ratio Rank: 49
RSBT Calmar Ratio Rank: 69
RSBT Martin Ratio Rank: 42

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. RSBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and Return Stacked Bonds & Managed Futures ETF (RSBT). 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	RSBT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	-0.02	-0.29

Correlation

The correlation between GLDB and RSBT is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GLDB vs. RSBT - Dividend Comparison

GLDB's dividend yield for the trailing twelve months is around 0.20%, less than RSBT's 3.04% yield.

	TTM	2025	2024	2023
GLDB Strategy Shares Gold-Hedged Bond ETF	0.20%	0.19%	0.00%	0.00%
RSBT Return Stacked Bonds & Managed Futures ETF	3.04%	3.20%	0.00%	2.38%

Drawdowns

GLDB vs. RSBT - Drawdown Comparison

The maximum GLDB drawdown since its inception was -27.36%, which is greater than RSBT's maximum drawdown of -23.60%. Use the drawdown chart below to compare losses from any high point for GLDB and RSBT.

Drawdown Indicators

	GLDB	RSBT	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-23.60%	-3.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.17%	—
Current Drawdown Current decline from peak	-22.48%	-4.56%	-17.92%
Average Drawdown Average peak-to-trough decline	-10.62%	-13.22%	+2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.04%	—

Volatility

Volatility by Period

	GLDB	RSBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	44.68%	14.95%	+29.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.68%	13.90%	+30.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.68%	13.90%	+30.78%