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GLTR vs. GLDI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GLTR vs. GLDI

Last updated Jun 4, 2026

GLTR (Aberdeen Standard Physical Precious Metals Basket Shares ETF) and GLDI (Credit Suisse X-Links Gold Shares Covered Call ETN) are both Precious Metals funds - GLTR tracks the ETFS Physical Precious Metals Basket Index while GLDI tracks the Credit Suisse NASDAQ Gold FLOWS 103 Index. Both are passively managed. Over the past 10 years, GLTR returned 13.17%/yr vs 8.99%/yr for GLDI. A 0.79 correlation means they provide meaningful diversification when combined. GLTR charges 0.60%/yr vs 0.65%/yr for GLDI.

Performance

GLTR vs. GLDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, GLTR achieves a 1.47% return, which is significantly lower than GLDI's 2.06% return. Over the past 10 years, GLTR has outperformed GLDI with an annualized return of 13.17%, while GLDI has yielded a comparatively lower 8.99% annualized return.

GLTR

1D
-1.81%
1M
-1.45%
YTD
1.47%
6M
10.73%
1Y
53.06%
3Y*
32.36%
5Y*
15.32%
10Y*
13.17%

GLDI

1D
-0.81%
1M
0.90%
YTD
2.06%
6M
4.42%
1Y
21.23%
3Y*
19.54%
5Y*
11.15%
10Y*
8.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GLTR vs. GLDI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GLTR
Aberdeen Standard Physical Precious Metals Basket Shares ETF		1.47%87.25%20.63%2.01%-0.25%-9.60%29.52%20.96%-2.85%12.94%
GLDI
Credit Suisse X-Links Gold Shares Covered Call ETN		2.06%34.25%17.76%8.93%-1.11%-3.42%23.50%14.40%-0.54%8.94%

Correlation

The correlation between GLTR and GLDI is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.77

Correlation (3Y)
Calculated over the trailing 3-year period

0.78

Correlation (5Y)
Calculated over the trailing 5-year period

0.80

Correlation (10Y)
Calculated over the trailing 10-year period

0.76

Correlation (All Time)
Calculated using the full available price history since Jan 30, 2013

0.79

The correlation between GLTR and GLDI has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Aberdeen Standard Physical Precious Metals Basket Shares ETF

Credit Suisse X-Links Gold Shares Covered Call ETN

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Often compared with GLDI:
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Return for Risk

GLTR vs. GLDI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLTR
GLTR Risk / Return Rank: 3636
Overall Rank
GLTR Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
GLTR Sortino Ratio Rank: 3131
Sortino Ratio Rank
GLTR Omega Ratio Rank: 4444
Omega Ratio Rank
GLTR Calmar Ratio Rank: 3636
Calmar Ratio Rank
GLTR Martin Ratio Rank: 2828
Martin Ratio Rank
GLDI
GLDI Risk / Return Rank: 3838
Overall Rank
GLDI Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
GLDI Sortino Ratio Rank: 3535
Sortino Ratio Rank
GLDI Omega Ratio Rank: 4747
Omega Ratio Rank
GLDI Calmar Ratio Rank: 3131
Calmar Ratio Rank
GLDI Martin Ratio Rank: 3838
Martin Ratio Rank
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.

GLTR vs. GLDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI). 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.

GLTRGLDIDifference

Sharpe ratio

Return per unit of total volatility

1.42

1.46

-0.04

Sortino ratio

Return per unit of downside risk

1.73

1.90

-0.17

Omega ratio

Gain probability vs. loss probability

1.29

1.30

-0.01

Calmar ratio

Return relative to maximum drawdown

1.80

1.55

+0.24

Martin ratio

Return relative to average drawdown

4.13

6.07

-1.94

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLTR vs. GLDI - Sharpe Ratio Comparison

The current GLTR Sharpe Ratio is 1.42, which is comparable to the GLDI Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of GLTR and GLDI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

GLTRGLDIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.42

1.46

-0.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

0.99

-0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.79

-0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.37

-0.04

Drawdowns

GLTR vs. GLDI - Drawdown Comparison

The maximum GLTR drawdown since its inception was -55.70%, which is greater than GLDI's maximum drawdown of -32.26%. Use the drawdown chart below to compare losses from any high point for GLTR and GLDI.

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Drawdown Indicators

GLTRGLDIDifference

Max Drawdown

Largest peak-to-trough decline

-55.70%

-32.26%

-23.44%

Max Drawdown (1Y)

Largest decline over 1 year

-29.70%

-13.73%

-15.97%

Max Drawdown (3Y)

Largest decline over 3 years

-29.70%

-13.73%

-15.97%

Max Drawdown (5Y)

Largest decline over 5 years

-29.70%

-14.07%

-15.63%

Max Drawdown (10Y)

Largest decline over 10 years

-29.70%

-14.94%

-14.76%

Current Drawdown

Current decline from peak

-26.86%

-7.37%

-19.49%

Average Drawdown

Average peak-to-trough decline

-28.83%

-14.00%

-14.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.88%

3.50%

+9.38%

Volatility

GLTR vs. GLDI - Volatility Comparison

Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) has a higher volatility of 9.13% compared to Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) at 3.88%. This indicates that GLTR's price experiences larger fluctuations and is considered to be riskier than GLDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GLTRGLDIDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.13%

3.88%

+5.25%

Volatility (6M)

Calculated over the trailing 6-month period

35.41%

12.87%

+22.54%

Volatility (1Y)

Calculated over the trailing 1-year period

37.58%

14.57%

+23.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.63%

11.31%

+12.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.50%

11.35%

+9.15%

GLTR vs. GLDI - Expense Ratio Comparison

GLTR has a 0.60% expense ratio, which is lower than GLDI's 0.65% expense ratio.

Dividends

GLTR vs. GLDI - Dividend Comparison

GLTR has not paid dividends to shareholders, while GLDI's dividend yield for the trailing twelve months is around 22.37%.

PositionTTM20252024202320222021202020192018201720162015
GLDI
Credit Suisse X-Links Gold Shares Covered Call ETN		22.37%16.15%10.45%10.02%13.73%10.65%14.25%7.25%5.33%7.77%17.26%10.07%
GLTR
Aberdeen Standard Physical Precious Metals Basket Shares ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

GLTR and GLDI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GLTR has higher volatility (9.13%) compared to GLDI (3.88%). In terms of maximum drawdown, GLTR dropped -55.70% vs GLDI's -32.26%.

On 10-year performance, GLTR leads with 13.17% vs 8.99% for GLDI. On fees, GLTR is cheaper at 0.60% per year. On volatility, GLDI has been the lower-risk option at 3.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, GLTR has performed better with a 13.17% return vs 8.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

GLTR is cheaper with a 0.60% expense ratio, compared with 0.65% for GLDI.

GLDI has the higher dividend yield at 22.37%, compared with 0.00% for GLTR.

GLTR tracks ETFS Physical Precious Metals Basket Index, while GLDI tracks Credit Suisse NASDAQ Gold FLOWS 103 Index. They also come from different issuers: Aberdeen and Credit Suisse. Their fees differ too: 0.60% for GLTR and 0.65% for GLDI.

GLDI currently has the higher Sharpe Ratio (1.46 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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