GLDB vs. UUP
Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GLDB) and Invesco DB US Dollar Index Bullish Fund (UUP).
GLDB and UUP 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. UUP is a passively managed fund by Invesco that tracks the performance of the Deutsche Bank Long US Dollar Index (USDX) Futures Index. It was launched on Feb 20, 2007. Both GLDB and UUP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLDB or UUP.
Correlation
The correlation between GLDB and UUP is -0.30. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
GLDB vs. UUP - Performance Comparison
Loading data...
Key characteristics
GLDB:
1.75
UUP:
0.10
GLDB:
2.49
UUP:
0.14
GLDB:
1.32
UUP:
1.02
GLDB:
3.75
UUP:
0.05
GLDB:
10.25
UUP:
0.16
GLDB:
3.53%
UUP:
3.25%
GLDB:
20.14%
UUP:
7.39%
GLDB:
-35.99%
UUP:
-22.19%
GLDB:
-3.01%
UUP:
-7.34%
Returns By Period
In the year-to-date period, GLDB achieves a 21.67% return, which is significantly higher than UUP's -5.98% return.
GLDB
21.67%
6.29%
16.29%
33.62%
N/A
N/A
UUP
-5.98%
-0.14%
-2.07%
0.59%
2.73%
2.67%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GLDB vs. UUP - Expense Ratio Comparison
GLDB has a 0.79% expense ratio, which is higher than UUP's 0.75% expense ratio.
Risk-Adjusted Performance
GLDB vs. UUP — Risk-Adjusted Performance Rank
GLDB
UUP
GLDB vs. UUP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) and Invesco DB US Dollar Index Bullish Fund (UUP). 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.
Loading data...
Dividends
GLDB vs. UUP - Dividend Comparison
GLDB's dividend yield for the trailing twelve months is around 3.85%, less than UUP's 4.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | 3.85% | 3.85% | 2.94% | 2.57% | 1.11% | 0.00% | 0.00% | 0.00% | 0.00% |
UUP Invesco DB US Dollar Index Bullish Fund | 4.76% | 4.48% | 6.45% | 0.89% | 0.00% | 0.00% | 2.03% | 1.08% | 0.10% |
Drawdowns
GLDB vs. UUP - Drawdown Comparison
The maximum GLDB drawdown since its inception was -35.99%, which is greater than UUP's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for GLDB and UUP. For additional features, visit the drawdowns tool.
Loading data...
Volatility
GLDB vs. UUP - Volatility Comparison
Strategy Shares Gold-Hedged Bond ETF (GLDB) has a higher volatility of 8.54% compared to Invesco DB US Dollar Index Bullish Fund (UUP) at 3.43%. This indicates that GLDB's price experiences larger fluctuations and is considered to be riskier than UUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...