IGHG vs. GLDB
IGHG (ProShares Investment Grade-Interest Rate Hedged) and GLDB (Strategy Shares Gold-Hedged Bond ETF) are both exchange-traded funds - IGHG is a Corporate Bonds fund tracking the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index, while GLDB is a Nontraditional Bonds fund tracking the Solactive Gold Backed Bond Index - Benchmark TR Gross. Both are passively managed. At a 0.15 correlation, their price movements are largely independent. IGHG charges 0.30%/yr vs 0.79%/yr for GLDB.
Performance
IGHG vs. GLDB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGHG achieves a 2.17% return, which is significantly higher than GLDB's -7.90% return.
IGHG
- 1D
- 0.05%
- 1M
- 0.76%
- YTD
- 2.17%
- 6M
- 2.54%
- 1Y
- 5.77%
- 3Y*
- 8.57%
- 5Y*
- 5.24%
- 10Y*
- 4.72%
GLDB
- 1D
- -2.17%
- 1M
- -7.55%
- YTD
- -7.90%
- 6M
- -6.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGHG vs. GLDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IGHG ProShares Investment Grade-Interest Rate Hedged | 2.17% | 0.57% |
GLDB Strategy Shares Gold-Hedged Bond ETF | -7.90% | -3.51% |
Correlation
The correlation between IGHG and GLDB is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025 | 0.15 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGHG vs. GLDB — Risk / Return Rank
IGHG
GLDB
IGHG vs. GLDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Investment Grade-Interest Rate Hedged (IGHG) 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.
| IGHG | GLDB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | — | — |
| Martin ratioReturn relative to average drawdown | 11.71 | — | — |
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 charts...
Sharpe Ratios by Period
| IGHG | GLDB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.05 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | -0.45 | +0.98 |
Drawdowns
IGHG vs. GLDB - Drawdown Comparison
The maximum IGHG drawdown since its inception was -25.16%, smaller than the maximum GLDB drawdown of -27.36%. Use the drawdown chart below to compare losses from any high point for IGHG and GLDB.
Loading charts...
Drawdown Indicators
| IGHG | GLDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.16% | -27.36% | +2.20% |
Max Drawdown (1Y)Largest decline over 1 year | -1.75% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.74% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -8.75% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -25.16% | — | — |
Current DrawdownCurrent decline from peak | -0.11% | -26.71% | +26.60% |
Average DrawdownAverage peak-to-trough decline | -2.30% | -13.44% | +11.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.50% | — | — |
Volatility
IGHG vs. GLDB - Volatility Comparison
Loading charts...
Volatility by Period
| IGHG | GLDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.53% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.44% | 39.96% | -36.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.02% | 39.96% | -34.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.46% | 39.96% | -32.50% |
IGHG vs. GLDB - Expense Ratio Comparison
IGHG has a 0.30% expense ratio, which is lower than GLDB's 0.79% expense ratio.
Dividends
IGHG vs. GLDB - Dividend Comparison
IGHG's dividend yield for the trailing twelve months is around 5.11%, more than GLDB's 0.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.21% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGHG ProShares Investment Grade-Interest Rate Hedged | 5.11% | 5.14% | 5.06% | 4.99% | 3.55% | 2.50% | 2.79% | 3.48% | 4.13% | 3.36% | 3.37% | 3.65% |
Frequently Asked Questions
IGHG and GLDB have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGHG is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGHG is cheaper with a 0.30% expense ratio, compared with 0.79% for GLDB.
IGHG has the higher dividend yield at 5.11%, compared with 0.21% for GLDB.
IGHG is categorized as Corporate Bonds, while GLDB is Nontraditional Bonds. IGHG tracks Citi Corporate Investment Grade (Treasury Rate-Hedged) Index, while GLDB tracks Solactive Gold Backed Bond Index - Benchmark TR Gross. They also come from different issuers: ProShares and Strategy Shares. Their fees differ too: 0.30% for IGHG and 0.79% for GLDB.
Find the right allocation for IGHG and GLDB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer