YGLD vs. GLDY

Last updated Apr 1, 2026

Compare and contrast key facts about Simplify Gold Strategy PLUS Income ETF (YGLD) and Defiance Gold Enhanced Options Income ETF (GLDY).

YGLD and GLDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YGLD is an actively managed fund by Simplify. It was launched on Dec 2, 2024. GLDY is an actively managed fund by Defiance. It was launched on Apr 1, 2025.

Performance

YGLD vs. GLDY - Performance Comparison

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

YGLD vs. GLDY - Yearly Performance Comparison

	2026 (YTD)	2025
YGLD Simplify Gold Strategy PLUS Income ETF	-1.29%	59.68%
GLDY Defiance Gold Enhanced Options Income ETF	1.71%	15.40%

Returns By Period

In the year-to-date period, YGLD achieves a -1.29% return, which is significantly lower than GLDY's 1.71% return.

YGLD

• 1D: 4.23%
• 1M: -23.15%
• YTD: -1.29%
• 6M: 10.04%
• 1Y: 59.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLDY

• 1D: 1.38%
• 1M: -7.41%
• YTD: 1.71%
• 6M: 7.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YGLD vs. GLDY - Expense Ratio Comparison

YGLD has a 0.50% expense ratio, which is lower than GLDY's 0.99% expense ratio.

GLDY

Defiance Gold Enhanced Options Income ETF

YGLD

Simplify Gold Strategy PLUS Income ETF

Return for Risk

YGLD vs. GLDY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YGLD

YGLD Risk / Return Rank: 74
YGLD Sharpe Ratio Rank: 77
YGLD Sortino Ratio Rank: 74
YGLD Omega Ratio Rank: 73
YGLD Calmar Ratio Rank: 73
YGLD Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YGLD vs. GLDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Gold Strategy PLUS Income ETF (YGLD) and Defiance Gold Enhanced Options Income ETF (GLDY). 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.

	YGLD	GLDY	Difference
Sharpe ratio Return per unit of total volatility	1.37	—	—
Sortino ratio Return per unit of downside risk	1.84	—	—
Omega ratio Gain probability vs. loss probability	1.26	—	—
Calmar ratio Return relative to maximum drawdown	1.82	—	—
Martin ratio Return relative to average drawdown	7.04	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	YGLD	GLDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	0.88	+0.63

Correlation

The correlation between YGLD and GLDY is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

YGLD vs. GLDY - Dividend Comparison

YGLD's dividend yield for the trailing twelve months is around 15.70%, less than GLDY's 48.03% yield.

	TTM	2025
YGLD Simplify Gold Strategy PLUS Income ETF	15.70%	12.05%
GLDY Defiance Gold Enhanced Options Income ETF	48.03%	37.38%

Drawdowns

YGLD vs. GLDY - Drawdown Comparison

The maximum YGLD drawdown since its inception was -34.23%, which is greater than GLDY's maximum drawdown of -13.43%. Use the drawdown chart below to compare losses from any high point for YGLD and GLDY.

Drawdown Indicators

	YGLD	GLDY	Difference
Max Drawdown Largest peak-to-trough decline	-34.23%	-13.43%	-20.80%
Max Drawdown (1Y) Largest decline over 1 year	-34.23%	—	—
Current Drawdown Current decline from peak	-28.77%	-9.56%	-19.21%
Average Drawdown Average peak-to-trough decline	-5.15%	-2.82%	-2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.86%	—	—

Volatility

Volatility by Period

	YGLD	GLDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.67%	19.99%	+23.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.12%	19.99%	+20.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.12%	19.99%	+20.13%