GOLY vs. IGLD
Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GOLY) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD).
GOLY and IGLD 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. 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: GOLY or IGLD.
Correlation
The correlation between GOLY and IGLD is 0.10, 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. IGLD - Performance Comparison
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Key characteristics
GOLY:
1.49
IGLD:
1.95
GOLY:
2.08
IGLD:
2.68
GOLY:
1.26
IGLD:
1.36
GOLY:
3.10
IGLD:
3.69
GOLY:
8.37
IGLD:
11.80
GOLY:
3.57%
IGLD:
2.34%
GOLY:
20.33%
IGLD:
14.20%
GOLY:
-35.99%
IGLD:
-18.59%
GOLY:
-6.59%
IGLD:
-4.22%
Returns By Period
In the year-to-date period, GOLY achieves a 17.18% return, which is significantly higher than IGLD's 15.86% return.
GOLY
17.18%
0.14%
16.88%
30.10%
N/A
N/A
IGLD
15.86%
-0.23%
17.08%
27.44%
N/A
N/A
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GOLY vs. IGLD - Expense Ratio Comparison
GOLY has a 0.79% expense ratio, which is lower than IGLD's 0.85% expense ratio.
Risk-Adjusted Performance
GOLY vs. IGLD — Risk-Adjusted Performance Rank
GOLY
IGLD
GOLY vs. IGLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GOLY) 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.
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Dividends
GOLY vs. IGLD - Dividend Comparison
GOLY's dividend yield for the trailing twelve months is around 3.76%, less than IGLD's 18.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
GOLY Strategy Shares Gold-Hedged Bond ETF | 3.76% | 3.84% | 2.94% | 2.58% | 1.11% |
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 18.22% | 20.81% | 7.85% | 4.19% | 2.24% |
Drawdowns
GOLY vs. IGLD - Drawdown Comparison
The maximum GOLY drawdown since its inception was -35.99%, which is greater than IGLD's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for GOLY and IGLD. For additional features, visit the drawdowns tool.
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Volatility
GOLY vs. IGLD - Volatility Comparison
Strategy Shares Gold-Hedged Bond ETF (GOLY) has a higher volatility of 8.88% compared to FT Cboe Vest Gold Strategy Target Income ETF (IGLD) at 6.43%. This indicates that GOLY's price experiences larger fluctuations and is considered to be riskier than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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