RAYS vs. GLD
Compare and contrast key facts about Global X Solar ETF (RAYS) and SPDR Gold Shares (GLD).
RAYS and GLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RAYS is a passively managed fund by Global X that tracks the performance of the Solactive Solar Index. It was launched on Sep 8, 2021. GLD is a passively managed fund by State Street that tracks the performance of the LBMA Gold Price PM. It was launched on Nov 18, 2004. Both RAYS and GLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
RAYS vs. GLD - Performance Comparison
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RAYS vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
RAYS Global X Solar ETF | 0.00% |
GLD SPDR Gold Shares | -3.87% |
Returns By Period
RAYS
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLD
- 1D
- 1.75%
- 1M
- -10.65%
- YTD
- 10.47%
- 6M
- 22.97%
- 1Y
- 52.25%
- 3Y*
- 33.69%
- 5Y*
- 22.00%
- 10Y*
- 14.11%
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RAYS vs. GLD - Expense Ratio Comparison
RAYS has a 0.50% expense ratio, which is higher than GLD's 0.40% expense ratio.
Return for Risk
RAYS vs. GLD — Risk / Return Rank
RAYS
GLD
RAYS vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Solar ETF (RAYS) and SPDR Gold Shares (GLD). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| RAYS | GLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.89 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.25 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.63 | — |
Dividends
RAYS vs. GLD - Dividend Comparison
Neither RAYS nor GLD has paid dividends to shareholders.
Drawdowns
RAYS vs. GLD - Drawdown Comparison
The maximum RAYS drawdown since its inception was 0.00%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for RAYS and GLD.
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Drawdown Indicators
| RAYS | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -45.56% | +45.56% |
Max Drawdown (1Y)Largest decline over 1 year | — | -19.21% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.00% | — |
Current DrawdownCurrent decline from peak | 0.00% | -11.71% | +11.71% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -16.17% | +16.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.25% | — |
Volatility
RAYS vs. GLD - Volatility Comparison
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Volatility by Period
| RAYS | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.48% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 24.34% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 27.81% | -27.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 17.75% | -17.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 15.88% | -15.88% |