GOLY vs. SPIB
Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GOLY) and SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB).
GOLY and SPIB 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. SPIB is a passively managed fund by State Street that tracks the performance of the Bloomberg US Aggregate Credit - Corporate - Investment Grade - Intermediate. It was launched on Feb 10, 2009. Both GOLY and SPIB 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 SPIB.
Correlation
The correlation between GOLY and SPIB is 0.27, 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. SPIB - Performance Comparison
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Key characteristics
GOLY:
1.49
SPIB:
1.81
GOLY:
2.08
SPIB:
2.63
GOLY:
1.26
SPIB:
1.33
GOLY:
3.10
SPIB:
1.39
GOLY:
8.37
SPIB:
6.98
GOLY:
3.57%
SPIB:
0.95%
GOLY:
20.33%
SPIB:
3.74%
GOLY:
-35.99%
SPIB:
-14.94%
GOLY:
-6.59%
SPIB:
-0.50%
Returns By Period
In the year-to-date period, GOLY achieves a 17.18% return, which is significantly higher than SPIB's 2.29% return.
GOLY
17.18%
0.14%
16.88%
30.10%
N/A
N/A
SPIB
2.29%
1.57%
2.53%
6.74%
1.73%
2.58%
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GOLY vs. SPIB - Expense Ratio Comparison
GOLY has a 0.79% expense ratio, which is higher than SPIB's 0.07% expense ratio.
Risk-Adjusted Performance
GOLY vs. SPIB — Risk-Adjusted Performance Rank
GOLY
SPIB
GOLY vs. SPIB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GOLY) and SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB). 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. SPIB - Dividend Comparison
GOLY's dividend yield for the trailing twelve months is around 3.76%, less than SPIB's 4.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOLY Strategy Shares Gold-Hedged Bond ETF | 3.76% | 3.84% | 2.94% | 2.58% | 1.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPIB SPDR Portfolio Intermediate Term Corporate Bond ETF | 4.47% | 4.41% | 3.84% | 2.65% | 1.58% | 2.18% | 3.03% | 3.03% | 2.79% | 2.68% | 2.69% | 2.65% |
Drawdowns
GOLY vs. SPIB - Drawdown Comparison
The maximum GOLY drawdown since its inception was -35.99%, which is greater than SPIB's maximum drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for GOLY and SPIB. For additional features, visit the drawdowns tool.
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Volatility
GOLY vs. SPIB - Volatility Comparison
Strategy Shares Gold-Hedged Bond ETF (GOLY) has a higher volatility of 8.88% compared to SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) at 1.10%. This indicates that GOLY's price experiences larger fluctuations and is considered to be riskier than SPIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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