GOLI vs. GLTR

Last updated Jul 22, 2026

GOLI (Defiance Gold Enhanced Options Income ETF) and GLTR (abrdn Physical Precious Metals Basket Shares ETF) are both exchange-traded funds - GOLI is a Derivative Income fund actively managed by Defiance, while GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index. GOLI is actively managed, while GLTR is passively managed. Over the past year, GOLI returned 2.68% vs 26.70% for GLTR. A 0.80 correlation means they provide meaningful diversification when combined. GOLI charges 0.99%/yr vs 0.60%/yr for GLTR.

Performance

GOLI vs. GLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Gold Enhanced Options Income ETF (GOLI) and abrdn Physical Precious Metals Basket Shares ETF (GLTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOLI achieves a -9.82% return, which is significantly higher than GLTR's -10.79% return.

GOLI

• 1D: 1.26%
• 1M: -2.89%
• 6M: -15.00%
• YTD: -9.82%
• 1Y: 2.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.95%

GLTR

• 1D: 2.72%
• 1M: -5.51%
• 6M: -24.86%
• YTD: -10.79%
• 1Y: 26.70%
• 3Y*: 26.63%
• 5Y*: 13.72%
• 10Y*: 10.53%
• ALL TIME*: 5.78%

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

GOLI vs. GLTR - Yearly Performance Comparison

	2026 (YTD)	2025
GOLI Defiance Gold Enhanced Options Income ETF	-9.82%	15.16%
GLTR abrdn Physical Precious Metals Basket Shares ETF	-10.79%	59.60%

Correlation

The correlation between GOLI and GLTR is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Apr 2, 2025	0.80

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

Return for Risk

GOLI vs. GLTR — Risk / Return Rank

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

GOLI

GOLI Risk / Return Rank: 13
GOLI Sharpe Ratio Rank: 13
GOLI Sortino Ratio Rank: 12
GOLI Omega Ratio Rank: 14
GOLI Calmar Ratio Rank: 12
GOLI Martin Ratio Rank: 12

GLTR

GLTR Risk / Return Rank: 25
GLTR Sharpe Ratio Rank: 26
GLTR Sortino Ratio Rank: 25
GLTR Omega Ratio Rank: 31
GLTR Calmar Ratio Rank: 22
GLTR Martin Ratio Rank: 20

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.

GOLI vs. GLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Gold Enhanced Options Income ETF (GOLI) and abrdn Physical Precious Metals Basket Shares ETF (GLTR). 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.

	GOLI	GLTR	Difference
Sharpe ratio: Return per unit of total volatility	0.11	0.68	-0.57
Sortino ratio: Return per unit of downside risk	0.30	1.04	-0.73
Omega ratio: Gain probability vs. loss probability	1.05	1.16	-0.11
Calmar ratio: Return relative to maximum drawdown	0.10	0.71	-0.60
Martin ratio: Return relative to average drawdown	0.30	1.51	-1.21

GOLI vs. GLTR - Sharpe Ratio Comparison

The current GOLI Sharpe Ratio is 0.11, which is lower than the GLTR Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of GOLI and GLTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GOLI vs. GLTR - Drawdown Comparison

The maximum GOLI drawdown since its inception was -25.88%, smaller than the maximum GLTR drawdown of -55.70%. Use the drawdown chart below to compare losses from any high point for GOLI and GLTR.

Drawdown Indicators

	GOLI	GLTR	Difference
Max Drawdown Largest peak-to-trough decline	-25.88%	-55.70%	+29.82%
Max Drawdown (1Y) Largest decline over 1 year	-25.88%	-37.87%	+11.99%
Max Drawdown (3Y) Largest decline over 3 years	—	-37.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.87%	—
Current Drawdown Current decline from peak	-19.81%	-35.69%	+15.88%
Average Drawdown Average peak-to-trough decline	-5.39%	-28.86%	+23.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.85%	17.73%	-8.88%

Volatility

GOLI vs. GLTR - Volatility Comparison

The current volatility for Defiance Gold Enhanced Options Income ETF (GOLI) is 6.21%, while abrdn Physical Precious Metals Basket Shares ETF (GLTR) has a volatility of 8.89%. This indicates that GOLI experiences smaller price fluctuations and is considered to be less risky than GLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOLI	GLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	8.89%	-2.68%
Volatility (6M) Calculated over the trailing 6-month period	23.48%	35.30%	-11.82%
Volatility (1Y) Calculated over the trailing 1-year period	25.15%	39.43%	-14.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.16%	24.13%	-0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.16%	20.78%	+2.38%

GOLI vs. GLTR - Expense Ratio Comparison

GOLI has a 0.99% expense ratio, which is higher than GLTR's 0.60% expense ratio.

Dividends

GOLI vs. GLTR - Dividend Comparison

GOLI's dividend yield for the trailing twelve months is around 50.69%, while GLTR has not paid dividends to shareholders.

Position	TTM	2025
GLTR abrdn Physical Precious Metals Basket Shares ETF	0.00%	0.00%
GOLI Defiance Gold Enhanced Options Income ETF	50.69%	37.38%

Frequently Asked Questions

Can I hold both GOLI and GLTR in my portfolio?

GOLI and GLTR have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOLI or GLTR?

GLTR has higher volatility (8.89%) compared to GOLI (6.21%). In terms of maximum drawdown, GOLI dropped -25.88% vs GLTR's -55.70%.

Which ETF is better, GOLI or GLTR?

On 1-year performance, GLTR leads with 26.70% vs 2.68% for GOLI. On fees, GLTR is cheaper at 0.60% per year. On volatility, GOLI has been the lower-risk option at 6.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOLI or GLTR?

Over the 1-year period, GLTR has performed better with a 26.70% return vs 2.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOLI or GLTR?

GLTR is cheaper with a 0.60% expense ratio, compared with 0.99% for GOLI.

Which ETF pays a higher dividend yield, GOLI or GLTR?

GOLI has the higher dividend yield at 50.69%, compared with 0.00% for GLTR.

What is the main difference between GOLI and GLTR?

GOLI is categorized as Derivative Income, while GLTR is Precious Metals. They also come from different issuers: Defiance and abrdn. Their fees differ too: 0.99% for GOLI and 0.60% for GLTR.

Which has better risk-adjusted returns?

GLTR currently has the higher Sharpe Ratio (0.68 vs 0.11), 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.