ROMO vs. GLDB
ROMO (Strategy Shares Newfound/ReSolve Robust Momentum ETF) and GLDB (Strategy Shares Gold-Hedged Bond ETF) are both exchange-traded funds - ROMO is a Momentum fund tracking the Newfound/ReSolve Robust Equity Momentum Index, while GLDB is a Nontraditional Bonds fund tracking the Solactive Gold Backed Bond Index - Benchmark TR Gross. Both are passively managed. Their 0.58 correlation means they have sometimes moved together and sometimes differently. ROMO charges 0.82%/yr vs 0.79%/yr for GLDB.
Performance
ROMO vs. GLDB - Performance Comparison
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Returns By Period
In the year-to-date period, ROMO achieves a 6.82% return, which is significantly higher than GLDB's -19.84% return.
ROMO
- 1D
- 0.28%
- 1M
- 0.49%
- 6M
- 3.56%
- YTD
- 6.82%
- 1Y
- 17.25%
- 3Y*
- 12.91%
- 5Y*
- 6.47%
- 10Y*
- —
- ALL TIME*
- 6.73%
GLDB
- 1D
- -2.39%
- 1M
- -1.34%
- 6M
- -24.53%
- YTD
- -19.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $494.06K | $365.51K | $391.41K | |
| $20.73K | $35.75K | $74.68K |
ROMO vs. GLDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ROMO Strategy Shares Newfound/ReSolve Robust Momentum ETF | 6.82% | 1.41% |
GLDB Strategy Shares Gold-Hedged Bond ETF | -19.84% | -3.56% |
Correlation
The correlation between ROMO and GLDB is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025 | 0.58 |
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Return for Risk
ROMO vs. GLDB — Risk / Return Rank
ROMO
GLDB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ROMO vs. GLDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) 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.
| ROMO | GLDB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | — | — |
| Martin ratioReturn relative to average drawdown | 5.25 | — | — |
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Drawdowns
ROMO vs. GLDB - Drawdown Comparison
The maximum ROMO drawdown since its inception was -28.66%, smaller than the maximum GLDB drawdown of -38.30%. Use the drawdown chart below to compare losses from any high point for ROMO and GLDB.
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Drawdown Indicators
| ROMO | GLDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.66% | -38.30% | +9.64% |
Max Drawdown (1Y)Largest decline over 1 year | -11.16% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.09% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.26% | — | — |
Current DrawdownCurrent decline from peak | -1.16% | -36.21% | +35.05% |
Average DrawdownAverage peak-to-trough decline | -8.16% | -17.73% | +9.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | — | — |
Volatility
ROMO vs. GLDB - Volatility Comparison
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Volatility by Period
| ROMO | GLDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.15% | 39.04% | -24.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.17% | 39.04% | -26.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.45% | 39.04% | -24.59% |
ROMO vs. GLDB - Expense Ratio Comparison
ROMO has a 0.82% expense ratio, which is higher than GLDB's 0.79% expense ratio.
Dividends
ROMO vs. GLDB - Dividend Comparison
ROMO's dividend yield for the trailing twelve months is around 8.31%, more than GLDB's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GLDB Strategy Shares Gold-Hedged Bond ETF | 0.24% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROMO Strategy Shares Newfound/ReSolve Robust Momentum ETF | 8.31% | 8.87% | 0.76% | 2.42% | 0.77% | 0.56% | 0.97% | 0.58% |
Frequently Asked Questions
ROMO and GLDB have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDB is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDB is cheaper with a 0.79% expense ratio, compared with 0.82% for ROMO.
ROMO has the higher dividend yield at 8.31%, compared with 0.24% for GLDB.
ROMO is categorized as Momentum, while GLDB is Nontraditional Bonds. ROMO tracks Newfound/ReSolve Robust Equity Momentum Index, while GLDB tracks Solactive Gold Backed Bond Index - Benchmark TR Gross. Their fees differ too: 0.82% for ROMO and 0.79% for GLDB.
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