IGLD vs. YGLD

Last updated Aug 1, 2026

IGLD (FT Vest Gold Strategy Target Income ETF) and YGLD (Simplify Gold Strategy PLUS Income ETF) are both Gold funds. Both are actively managed. Over the past year, IGLD returned 15.34% vs 11.48% for YGLD. Their correlation of 0.89 means they have usually moved in the same direction. IGLD charges 0.85%/yr vs 0.50%/yr for YGLD.

Performance

IGLD vs. YGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Gold Strategy Target Income ETF (IGLD) and Simplify Gold Strategy PLUS Income ETF (YGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IGLD achieves a -6.56% return, which is significantly higher than YGLD's -19.95% return.

IGLD

• 1D: -1.09%
• 1M: 0.82%
• 6M: -15.05%
• YTD: -6.56%
• 1Y: 15.34%
• 3Y*: 19.55%
• 5Y*: 12.09%
• 10Y*: —
• ALL TIME*: 11.82%

YGLD

• 1D: -1.08%
• 1M: -0.86%
• 6M: -31.33%
• YTD: -19.95%
• 1Y: 11.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.17%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IGLD FT Vest Gold Strategy Target Income ETF	$4.80M	$5.50M	$7.14M
YGLD Simplify Gold Strategy PLUS Income ETF	$343.14K	$346.41K	$504.18K

IGLD vs. YGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IGLD FT Vest Gold Strategy Target Income ETF	-6.56%	47.46%	-0.32%
YGLD Simplify Gold Strategy PLUS Income ETF	-19.95%	96.82%	-4.26%

Correlation

The correlation between IGLD and YGLD is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024	0.89

The correlation between IGLD and YGLD has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

Return for Risk

IGLD vs. YGLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IGLD

IGLD Risk / Return Rank: 25
IGLD Sharpe Ratio Rank: 26
IGLD Sortino Ratio Rank: 25
IGLD Omega Ratio Rank: 29
IGLD Calmar Ratio Rank: 22
IGLD Martin Ratio Rank: 21

YGLD

YGLD Risk / Return Rank: 17
YGLD Sharpe Ratio Rank: 17
YGLD Sortino Ratio Rank: 19
YGLD Omega Ratio Rank: 20
YGLD Calmar Ratio Rank: 15
YGLD Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IGLD vs. YGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Gold Strategy Target Income ETF (IGLD) and Simplify Gold Strategy PLUS Income ETF (YGLD). 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.

	IGLD	YGLD	Difference
Sharpe ratio: Return per unit of total volatility	0.61	0.27	+0.34
Sortino ratio: Return per unit of downside risk	0.95	0.62	+0.32
Omega ratio: Gain probability vs. loss probability	1.13	1.09	+0.05
Calmar ratio: Return relative to maximum drawdown	0.65	0.27	+0.38
Martin ratio: Return relative to average drawdown	1.46	0.53	+0.93

IGLD vs. YGLD - Sharpe Ratio Comparison

The current IGLD Sharpe Ratio is 0.61, which is higher than the YGLD Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of IGLD and YGLD, 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

IGLD vs. YGLD - Drawdown Comparison

The maximum IGLD drawdown since its inception was -23.84%, smaller than the maximum YGLD drawdown of -43.35%. Use the drawdown chart below to compare losses from any high point for IGLD and YGLD.

Drawdown Indicators

	IGLD	YGLD	Difference
Max Drawdown Largest peak-to-trough decline	-23.84%	-43.35%	+19.51%
Max Drawdown (1Y) Largest decline over 1 year	-23.84%	-43.35%	+19.51%
Max Drawdown (3Y) Largest decline over 3 years	-23.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.84%	—	—
Current Drawdown Current decline from peak	-22.04%	-42.24%	+20.20%
Average Drawdown Average peak-to-trough decline	-5.70%	-11.00%	+5.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.55%	21.81%	-11.26%

Volatility

IGLD vs. YGLD - Volatility Comparison

The current volatility for FT Vest Gold Strategy Target Income ETF (IGLD) is 5.69%, while Simplify Gold Strategy PLUS Income ETF (YGLD) has a volatility of 9.12%. This indicates that IGLD experiences smaller price fluctuations and is considered to be less risky than YGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGLD	YGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.69%	9.12%	-3.43%
Volatility (6M) Calculated over the trailing 6-month period	22.06%	34.73%	-12.67%
Volatility (1Y) Calculated over the trailing 1-year period	25.10%	42.37%	-17.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.74%	39.04%	-23.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.43%	39.04%	-23.61%

IGLD vs. YGLD - Expense Ratio Comparison

IGLD has a 0.85% expense ratio, which is higher than YGLD's 0.50% expense ratio.

Dividends

IGLD vs. YGLD - Dividend Comparison

IGLD's dividend yield for the trailing twelve months is around 21.34%, less than YGLD's 22.88% yield.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Vest Gold Strategy Target Income ETF	21.34%	9.91%	20.81%	7.85%	4.45%	2.24%
YGLD Simplify Gold Strategy PLUS Income ETF	22.88%	12.05%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IGLD and YGLD in my portfolio?

With a correlation of 0.92, IGLD and YGLD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, IGLD or YGLD?

YGLD has higher volatility (9.12%) compared to IGLD (5.69%). In terms of maximum drawdown, IGLD dropped -23.84% vs YGLD's -43.35%.

Which ETF is better, IGLD or YGLD?

On 1-year performance, IGLD leads with 15.34% vs 11.48% for YGLD. On fees, YGLD is cheaper at 0.50% per year. On volatility, IGLD has been the lower-risk option at 5.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGLD or YGLD?

Over the 1-year period, IGLD has performed better with a 15.34% return vs 11.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGLD or YGLD?

YGLD is cheaper with a 0.50% expense ratio, compared with 0.85% for IGLD.

Which ETF pays a higher dividend yield, IGLD or YGLD?

YGLD has the higher dividend yield at 22.88%, compared with 21.34% for IGLD.

What is the main difference between IGLD and YGLD?

They also come from different issuers: First Trust and Simplify. Their fees differ too: 0.85% for IGLD and 0.50% for YGLD.

Which has better risk-adjusted returns?

IGLD currently has the higher Sharpe Ratio (0.61 vs 0.27), 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.