GLDN vs. FITZ

Last updated Jun 6, 2026

GLDN (Nicholas Gold Income ETF) and FITZ (Fitz-Gerald Must Have Portfolio ETF) are both exchange-traded funds - GLDN is a Gold fund actively managed by Nicholas, while FITZ is a Large Cap Growth Equities fund actively managed by Nicholas. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. GLDN charges 1.07%/yr vs 0.75%/yr for FITZ.

Performance

GLDN vs. FITZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nicholas Gold Income ETF (GLDN) and Fitz-Gerald Must Have Portfolio ETF (FITZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GLDN

• 1D: -6.72%
• 1M: -12.29%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FITZ

• 1D: -2.89%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLDN vs. FITZ - Yearly Performance Comparison

	2026 (YTD)
GLDN Nicholas Gold Income ETF	-8.25%
FITZ Fitz-Gerald Must Have Portfolio ETF	-4.50%

Correlation

The correlation between GLDN and FITZ is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.89

Return for Risk

GLDN vs. FITZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nicholas Gold Income ETF (GLDN) and Fitz-Gerald Must Have Portfolio ETF (FITZ). 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

	GLDN	FITZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.33	-5.11	+3.79

Drawdowns

GLDN vs. FITZ - Drawdown Comparison

The maximum GLDN drawdown since its inception was -28.04%, which is greater than FITZ's maximum drawdown of -4.81%. Use the drawdown chart below to compare losses from any high point for GLDN and FITZ.

Drawdown Indicators

	GLDN	FITZ	Difference
Max Drawdown Largest peak-to-trough decline	-28.04%	-4.81%	-23.23%
Current Drawdown Current decline from peak	-28.04%	-4.81%	-23.23%
Average Drawdown Average peak-to-trough decline	-15.70%	-1.70%	-14.00%

Volatility

Volatility by Period

	GLDN	FITZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	41.85%	18.34%	+23.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.85%	18.34%	+23.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.85%	18.34%	+23.51%

GLDN vs. FITZ - Expense Ratio Comparison

GLDN has a 1.07% expense ratio, which is higher than FITZ's 0.75% expense ratio.

Dividends

GLDN vs. FITZ - Dividend Comparison

GLDN's dividend yield for the trailing twelve months is around 4.42%, while FITZ has not paid dividends to shareholders.

Position	TTM
FITZ Fitz-Gerald Must Have Portfolio ETF	0.00%
GLDN Nicholas Gold Income ETF	4.42%

Frequently Asked Questions

Can I hold both GLDN and FITZ in my portfolio?

GLDN and FITZ have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLDN or FITZ?

On fees, FITZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLDN or FITZ?

FITZ is cheaper with a 0.75% expense ratio, compared with 1.07% for GLDN.

Which ETF pays a higher dividend yield, GLDN or FITZ?

GLDN has the higher dividend yield at 4.42%, compared with 0.00% for FITZ.

What is the main difference between GLDN and FITZ?

GLDN is categorized as Gold, while FITZ is Large Cap Growth Equities. Their fees differ too: 1.07% for GLDN and 0.75% for FITZ.