GLDI vs. IGLD
Compare and contrast key facts about Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD).
GLDI and IGLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLDI is a passively managed fund by Credit Suisse Group AG that tracks the performance of the Credit Suisse NASDAQ Gold FLOWS 103 Index. It was launched on Jan 29, 2013. IGLD is an actively managed fund by First Trust. It was launched on Mar 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLDI or IGLD.
Correlation
The correlation between GLDI and IGLD is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GLDI vs. IGLD - Performance Comparison
Key characteristics
GLDI:
2.27
IGLD:
2.20
GLDI:
2.97
IGLD:
3.03
GLDI:
1.44
IGLD:
1.41
GLDI:
4.10
IGLD:
3.81
GLDI:
15.30
IGLD:
12.55
GLDI:
1.55%
IGLD:
2.27%
GLDI:
10.43%
IGLD:
12.93%
GLDI:
-32.26%
IGLD:
-18.58%
GLDI:
0.00%
IGLD:
0.00%
Returns By Period
In the year-to-date period, GLDI achieves a 10.44% return, which is significantly lower than IGLD's 16.18% return.
GLDI
10.44%
3.59%
10.68%
22.45%
8.99%
6.77%
IGLD
16.18%
5.95%
14.75%
28.01%
N/A
N/A
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GLDI vs. IGLD - Expense Ratio Comparison
GLDI has a 0.65% expense ratio, which is lower than IGLD's 0.85% expense ratio.
Risk-Adjusted Performance
GLDI vs. IGLD — Risk-Adjusted Performance Rank
GLDI
IGLD
GLDI vs. IGLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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.
Dividends
GLDI vs. IGLD - Dividend Comparison
GLDI's dividend yield for the trailing twelve months is around 11.63%, less than IGLD's 18.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDI Credit Suisse X-Links Gold Shares Covered Call ETN | 11.63% | 11.22% | 10.02% | 13.72% | 10.65% | 14.25% | 7.24% | 5.34% | 7.77% | 17.26% | 10.06% | 12.36% |
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 18.09% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GLDI vs. IGLD - Drawdown Comparison
The maximum GLDI drawdown since its inception was -32.26%, which is greater than IGLD's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for GLDI and IGLD. For additional features, visit the drawdowns tool.
Volatility
GLDI vs. IGLD - Volatility Comparison
The current volatility for Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) is 2.06%, while FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 5.78%. This indicates that GLDI experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.