GYLD vs. GAL
Compare and contrast key facts about Arrow Dow Jones Global Yield ETF (GYLD) and SPDR SSgA Global Allocation ETF (GAL).
GYLD and GAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GYLD is a passively managed fund by Arrow Funds that tracks the performance of the DJ Brookfield Global Infrastructure Composite Yield. It was launched on May 8, 2012. GAL is an actively managed fund by State Street. It was launched on Apr 25, 2012.
Performance
GYLD vs. GAL - Performance Comparison
Loading graphics...
GYLD vs. GAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GYLD Arrow Dow Jones Global Yield ETF | 3.35% | 19.85% | 3.83% | 10.36% | -7.73% | 18.03% | -11.17% | 13.29% | -9.97% | 4.33% |
GAL SPDR SSgA Global Allocation ETF | 0.38% | 15.95% | 9.85% | 13.32% | -13.41% | 12.23% | 9.33% | 19.59% | -7.71% | 18.67% |
Returns By Period
In the year-to-date period, GYLD achieves a 3.35% return, which is significantly higher than GAL's 0.38% return. Over the past 10 years, GYLD has underperformed GAL with an annualized return of 4.92%, while GAL has yielded a comparatively higher 7.52% annualized return.
GYLD
- 1D
- 1.29%
- 1M
- -2.12%
- YTD
- 3.35%
- 6M
- 6.86%
- 1Y
- 15.35%
- 3Y*
- 12.02%
- 5Y*
- 6.98%
- 10Y*
- 4.92%
GAL
- 1D
- 1.94%
- 1M
- -4.19%
- YTD
- 0.38%
- 6M
- 2.74%
- 1Y
- 14.27%
- 3Y*
- 11.53%
- 5Y*
- 6.29%
- 10Y*
- 7.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GYLD vs. GAL - Expense Ratio Comparison
GYLD has a 0.75% expense ratio, which is higher than GAL's 0.35% expense ratio.
Return for Risk
GYLD vs. GAL — Risk / Return Rank
GYLD
GAL
GYLD vs. GAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Dow Jones Global Yield ETF (GYLD) and SPDR SSgA Global Allocation ETF (GAL). 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.
| GYLD | GAL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.19 | 1.31 | -0.12 |
Sortino ratioReturn per unit of downside risk | 1.61 | 1.88 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.28 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.78 | +0.10 |
Martin ratioReturn relative to average drawdown | 7.27 | 8.25 | -0.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GYLD | GAL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 1.31 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.61 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.67 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.65 | -0.46 |
Correlation
The correlation between GYLD and GAL is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
GYLD vs. GAL - Dividend Comparison
GYLD's dividend yield for the trailing twelve months is around 7.78%, more than GAL's 3.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GYLD Arrow Dow Jones Global Yield ETF | 7.78% | 8.43% | 12.90% | 7.13% | 4.64% | 5.50% | 7.42% | 5.83% | 8.17% | 6.78% | 7.29% | 10.35% |
GAL SPDR SSgA Global Allocation ETF | 3.38% | 3.47% | 2.99% | 2.56% | 6.19% | 4.05% | 2.14% | 2.96% | 2.43% | 2.26% | 2.43% | 3.10% |
Drawdowns
GYLD vs. GAL - Drawdown Comparison
The maximum GYLD drawdown since its inception was -55.03%, which is greater than GAL's maximum drawdown of -28.31%. Use the drawdown chart below to compare losses from any high point for GYLD and GAL.
Loading graphics...
Drawdown Indicators
| GYLD | GAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.03% | -28.31% | -26.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.10% | -8.02% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -20.24% | -21.14% | +0.90% |
Max Drawdown (10Y)Largest decline over 10 years | -47.89% | -28.31% | -19.58% |
Current DrawdownCurrent decline from peak | -2.19% | -4.45% | +2.26% |
Average DrawdownAverage peak-to-trough decline | -14.58% | -3.78% | -10.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 1.73% | +0.36% |
Volatility
GYLD vs. GAL - Volatility Comparison
The current volatility for Arrow Dow Jones Global Yield ETF (GYLD) is 4.07%, while SPDR SSgA Global Allocation ETF (GAL) has a volatility of 4.37%. This indicates that GYLD experiences smaller price fluctuations and is considered to be less risky than GAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GYLD | GAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.07% | 4.37% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 8.26% | 6.96% | +1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.97% | 10.92% | +2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.57% | 10.41% | +3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.59% | 11.32% | +5.27% |