KNRG vs. GLDB
KNRG (Simplify Kayne Anderson Energy and Infrastructure Credit ETF) and GLDB (Strategy Shares Gold-Hedged Bond ETF) are both Nontraditional Bonds funds. KNRG is actively managed, while GLDB is passively managed. Their 0.35 correlation means their historical movements had little consistent relationship. KNRG charges 0.76%/yr vs 0.79%/yr for GLDB.
Performance
KNRG vs. GLDB - Performance Comparison
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Returns By Period
In the year-to-date period, KNRG achieves a 2.99% return, which is significantly higher than GLDB's -19.44% return.
KNRG
- 1D
- 0.23%
- 1M
- 0.02%
- 6M
- 2.10%
- YTD
- 2.99%
- 1Y
- 7.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.88%
GLDB
- 1D
- 0.51%
- 1M
- -0.84%
- 6M
- -19.59%
- YTD
- -19.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $490.82K | $360.41K | $396.53K | |
| $293.39K | $543.91K | $460.19K |
KNRG vs. GLDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF | 2.99% | 1.36% |
GLDB Strategy Shares Gold-Hedged Bond ETF | -19.44% | -3.56% |
Correlation
The correlation between KNRG and GLDB is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025 | 0.35 |
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Return for Risk
KNRG vs. GLDB — Risk / Return Rank
KNRG
GLDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KNRG vs. GLDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG) 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.
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.
| KNRG | GLDB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.47 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | — | — |
| Martin ratioReturn relative to average drawdown | 12.67 | — | — |
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Drawdowns
KNRG vs. GLDB - Drawdown Comparison
The maximum KNRG drawdown since its inception was -2.71%, smaller than the maximum GLDB drawdown of -38.30%. Use the drawdown chart below to compare losses from any high point for KNRG and GLDB.
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Drawdown Indicators
| KNRG | GLDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.71% | -38.30% | +35.59% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | — | — |
Current DrawdownCurrent decline from peak | -0.17% | -35.89% | +35.72% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -17.83% | +17.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.57% | — | — |
Volatility
KNRG vs. GLDB - Volatility Comparison
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Volatility by Period
| KNRG | GLDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.20% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.05% | 38.95% | -35.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.38% | 38.95% | -35.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.38% | 38.95% | -35.57% |
KNRG vs. GLDB - Expense Ratio Comparison
KNRG has a 0.76% expense ratio, which is lower than GLDB's 0.79% expense ratio.
Dividends
KNRG vs. GLDB - Dividend Comparison
KNRG's dividend yield for the trailing twelve months is around 6.91%, more than GLDB's 0.24% yield.
| Position | TTM | 2025 |
|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.24% | 0.19% |
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF | 6.91% | 4.22% |
Frequently Asked Questions
KNRG and GLDB have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KNRG is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KNRG is cheaper with a 0.76% expense ratio, compared with 0.79% for GLDB.
KNRG has the higher dividend yield at 6.91%, compared with 0.24% for GLDB.
They also come from different issuers: Simplify and Strategy Shares. Their fees differ too: 0.76% for KNRG and 0.79% for GLDB.
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