GOLY vs. GLDB
Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GOLY) and Strategy Shares Gold-Hedged Bond ETF (GLDB).
GOLY and GLDB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOLY is a passively managed fund by Strategy Shares that tracks the performance of the Solactive Gold-Backed Bond Index. It was launched on May 17, 2021. 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. Both GOLY and GLDB 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: GOLY or GLDB.
Correlation
The correlation between GOLY and GLDB is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GOLY vs. GLDB - Performance Comparison
Loading data...
Key characteristics
GOLY:
1.49
GLDB:
1.55
GOLY:
2.08
GLDB:
2.15
GOLY:
1.26
GLDB:
1.27
GOLY:
3.10
GLDB:
3.22
GOLY:
8.37
GLDB:
8.72
GOLY:
3.57%
GLDB:
3.57%
GOLY:
20.33%
GLDB:
20.31%
GOLY:
-35.99%
GLDB:
-35.99%
GOLY:
-6.59%
GLDB:
-5.74%
Returns By Period
In the year-to-date period, GOLY achieves a 17.18% return, which is significantly lower than GLDB's 18.24% return.
GOLY
17.18%
0.14%
16.88%
30.10%
N/A
N/A
GLDB
18.24%
1.05%
17.94%
31.28%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GOLY vs. GLDB - Expense Ratio Comparison
Both GOLY and GLDB have an expense ratio of 0.79%.
Risk-Adjusted Performance
GOLY vs. GLDB — Risk-Adjusted Performance Rank
GOLY
GLDB
GOLY vs. GLDB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GOLY) and Strategy Shares Gold-Hedged Bond ETF (GLDB). 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
GOLY vs. GLDB - Dividend Comparison
GOLY's dividend yield for the trailing twelve months is around 3.76%, less than GLDB's 4.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
GOLY Strategy Shares Gold-Hedged Bond ETF | 3.76% | 3.84% | 2.94% | 2.58% | 1.11% |
GLDB Strategy Shares Gold-Hedged Bond ETF | 4.16% | 3.85% | 2.94% | 2.57% | 1.11% |
Drawdowns
GOLY vs. GLDB - Drawdown Comparison
The maximum GOLY drawdown since its inception was -35.99%, roughly equal to the maximum GLDB drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for GOLY and GLDB. For additional features, visit the drawdowns tool.
Loading data...
Volatility
GOLY vs. GLDB - Volatility Comparison
Strategy Shares Gold-Hedged Bond ETF (GOLY) and Strategy Shares Gold-Hedged Bond ETF (GLDB) have volatilities of 8.88% and 8.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...