GOLY vs. MPLY

Last updated Jun 26, 2026

GOLY (Strategy Shares Gold-Hedged Bond ETF) and MPLY (Monopoly ETF) are both exchange-traded funds - GOLY is a Nontraditional Bonds fund tracking the Solactive Gold-Backed Bond Index, while MPLY is a Large Cap Blend Equities fund actively managed by Strategy Shares. GOLY is passively managed, while MPLY is actively managed. Over the past year, GOLY returned -7.98% vs 17.47% for MPLY. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.79% expense ratio.

Performance

GOLY vs. MPLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Shares Gold-Hedged Bond ETF (GOLY) and Monopoly ETF (MPLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOLY achieves a -26.33% return, which is significantly lower than MPLY's 1.03% return.

GOLY

• 1D: 0.84%
• 1M: -10.09%
• YTD: -26.33%
• 6M: -28.77%
• 1Y: -7.98%
• 3Y*: 14.36%
• 5Y*: 5.25%
• 10Y*: —

MPLY

• 1D: -1.11%
• 1M: -7.02%
• YTD: 1.03%
• 6M: -0.08%
• 1Y: 17.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOLY vs. MPLY - Yearly Performance Comparison

	2026 (YTD)	2025
GOLY Strategy Shares Gold-Hedged Bond ETF	-26.33%	34.00%
MPLY Monopoly ETF	1.03%	20.65%

Correlation

The correlation between GOLY and MPLY is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since May 16, 2025	0.35

Return for Risk

GOLY vs. MPLY — Risk / Return Rank

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

GOLY

GOLY Risk / Return Rank: 7
GOLY Sharpe Ratio Rank: 7
GOLY Sortino Ratio Rank: 7
GOLY Omega Ratio Rank: 7
GOLY Calmar Ratio Rank: 7
GOLY Martin Ratio Rank: 7

MPLY

MPLY Risk / Return Rank: 31
MPLY Sharpe Ratio Rank: 33
MPLY Sortino Ratio Rank: 31
MPLY Omega Ratio Rank: 31
MPLY Calmar Ratio Rank: 28
MPLY Martin Ratio Rank: 35

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.

GOLY vs. MPLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GOLY) and Monopoly ETF (MPLY). 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.

	GOLY	MPLY	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	1.10	-1.33
Sortino ratio: Return per unit of downside risk	-0.09	1.56	-1.65
Omega ratio: Gain probability vs. loss probability	0.99	1.20	-0.21
Calmar ratio: Return relative to maximum drawdown	-0.22	1.30	-1.52
Martin ratio: Return relative to average drawdown	-0.52	4.87	-5.39

GOLY vs. MPLY - Sharpe Ratio Comparison

The current GOLY Sharpe Ratio is -0.24, which is lower than the MPLY Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of GOLY and MPLY, 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

GOLY vs. MPLY - Drawdown Comparison

The maximum GOLY drawdown since its inception was -36.97%, which is greater than MPLY's maximum drawdown of -13.46%. Use the drawdown chart below to compare losses from any high point for GOLY and MPLY.

Drawdown Indicators

	GOLY	MPLY	Difference
Max Drawdown Largest peak-to-trough decline	-36.97%	-13.46%	-23.51%
Max Drawdown (1Y) Largest decline over 1 year	-36.97%	-13.46%	-23.51%
Max Drawdown (3Y) Largest decline over 3 years	-36.97%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.97%	—	—
Current Drawdown Current decline from peak	-36.44%	-8.53%	-27.91%
Average Drawdown Average peak-to-trough decline	-12.10%	-2.18%	-9.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.33%	3.60%	+11.73%

Volatility

GOLY vs. MPLY - Volatility Comparison

Strategy Shares Gold-Hedged Bond ETF (GOLY) has a higher volatility of 9.74% compared to Monopoly ETF (MPLY) at 6.11%. This indicates that GOLY's price experiences larger fluctuations and is considered to be riskier than MPLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOLY	MPLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.74%	6.11%	+3.63%
Volatility (6M) Calculated over the trailing 6-month period	30.59%	12.62%	+17.97%
Volatility (1Y) Calculated over the trailing 1-year period	33.84%	15.98%	+17.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.61%	15.74%	+6.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.44%	15.74%	+6.70%

GOLY vs. MPLY - Expense Ratio Comparison

Both GOLY and MPLY have an expense ratio of 0.79%.

Dividends

GOLY vs. MPLY - Dividend Comparison

GOLY's dividend yield for the trailing twelve months is around 9.99%, more than MPLY's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021
GOLY Strategy Shares Gold-Hedged Bond ETF	9.99%	7.22%	3.85%	2.94%	2.57%	1.11%
MPLY Monopoly ETF	0.13%	0.13%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOLY and MPLY in my portfolio?

GOLY and MPLY have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOLY or MPLY?

GOLY has higher volatility (9.74%) compared to MPLY (6.11%). In terms of maximum drawdown, GOLY dropped -36.97% vs MPLY's -13.46%.

Which ETF is better, GOLY or MPLY?

On 1-year performance, MPLY leads with 17.47% vs -7.98% for GOLY. Both ETFs have the same 0.79% expense ratio. On volatility, MPLY has been the lower-risk option at 6.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOLY or MPLY?

Over the 1-year period, MPLY has performed better with a 17.47% return vs -7.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOLY or MPLY?

GOLY and MPLY have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, GOLY or MPLY?

GOLY has the higher dividend yield at 9.99%, compared with 0.13% for MPLY.

What is the main difference between GOLY and MPLY?

GOLY is categorized as Nontraditional Bonds, while MPLY is Large Cap Blend Equities.

Which has better risk-adjusted returns?

MPLY currently has the higher Sharpe Ratio (1.10 vs -0.24), 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.