GLDB vs. RYSE

Last updated Jul 12, 2026

GLDB (Strategy Shares Gold-Hedged Bond ETF) and RYSE (Cboe Vest 10 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. GLDB is passively managed, while RYSE is actively managed. At a correlation of -0.02, they often move in opposite directions. GLDB charges 0.79%/yr vs 0.85%/yr for RYSE.

Performance

GLDB vs. RYSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Shares Gold-Hedged Bond ETF (GLDB) and Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLDB achieves a -18.19% return, which is significantly lower than RYSE's 2.52% return.

GLDB

• 1D: 0.25%
• 1M: -5.20%
• 6M: -22.97%
• YTD: -18.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RYSE

• 1D: 0.00%
• 1M: 0.00%
• 6M: 2.99%
• YTD: 2.52%
• 1Y: 2.58%
• 3Y*: 2.58%
• 5Y*: —
• 10Y*: —

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

GLDB vs. RYSE - Yearly Performance Comparison

	2026 (YTD)	2025
GLDB Strategy Shares Gold-Hedged Bond ETF	-18.19%	-3.56%
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	2.52%	5.41%

Correlation

The correlation between GLDB and RYSE is -0.02, 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 24, 2025	-0.02

Return for Risk

GLDB vs. RYSE — Risk / Return Rank

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

GLDB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

RYSE

RYSE Risk / Return Rank: 16
RYSE Sharpe Ratio Rank: 16
RYSE Sortino Ratio Rank: 15
RYSE Omega Ratio Rank: 16
RYSE Calmar Ratio Rank: 17
RYSE Martin Ratio Rank: 16

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. RYSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE). 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	RYSE	Difference
Sharpe ratio: Return per unit of total volatility	—	0.38	—
Sortino ratio: Return per unit of downside risk	—	0.62	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	0.52	—
Martin ratio: Return relative to average drawdown	—	1.15	—

Drawdowns

GLDB vs. RYSE - Drawdown Comparison

The maximum GLDB drawdown since its inception was -38.30%, which is greater than RYSE's maximum drawdown of -19.70%. Use the drawdown chart below to compare losses from any high point for GLDB and RYSE.

Drawdown Indicators

	GLDB	RYSE	Difference
Max Drawdown Largest peak-to-trough decline	-38.30%	-19.70%	-18.60%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.70%	—
Current Drawdown Current decline from peak	-34.89%	-7.83%	-27.06%
Average Drawdown Average peak-to-trough decline	-16.22%	-9.13%	-7.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.21%	—

Volatility

Volatility by Period

	GLDB	RYSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	39.71%	9.68%	+30.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.71%	14.69%	+25.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.71%	14.69%	+25.02%

GLDB vs. RYSE - Expense Ratio Comparison

GLDB has a 0.79% expense ratio, which is lower than RYSE's 0.85% expense ratio.

Dividends

GLDB vs. RYSE - Dividend Comparison

GLDB's dividend yield for the trailing twelve months is around 0.23%, less than RYSE's 0.93% yield.

Position	TTM	2025	2024	2023
GLDB Strategy Shares Gold-Hedged Bond ETF	0.23%	0.19%	0.00%	0.00%
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	0.93%	1.86%	2.58%	24.91%

Frequently Asked Questions

Can I hold both GLDB and RYSE in my portfolio?

GLDB and RYSE have a correlation of -0.02, 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 RYSE?

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 RYSE?

GLDB is cheaper with a 0.79% expense ratio, compared with 0.85% for RYSE.

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

RYSE has the higher dividend yield at 0.93%, compared with 0.23% for GLDB.

What is the main difference between GLDB and RYSE?

They also come from different issuers: Strategy Shares and Vest. Their fees differ too: 0.79% for GLDB and 0.85% for RYSE.