YGLD vs. GOLI

Last updated Jul 14, 2026

YGLD (Simplify Gold Strategy PLUS Income ETF) and GOLI (Defiance Gold Enhanced Options Income ETF) are both exchange-traded funds - YGLD is a Gold fund actively managed by Simplify, while GOLI is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, YGLD returned 4.85% vs 2.36% for GOLI. Their correlation of 0.81 suggests significant overlap in exposure. YGLD charges 0.50%/yr vs 0.99%/yr for GOLI.

Performance

YGLD vs. GOLI - 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 (GOLI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YGLD achieves a -20.87% return, which is significantly lower than GOLI's -10.70% return.

YGLD

• 1D: -4.09%
• 1M: -7.59%
• 6M: -28.00%
• YTD: -20.87%
• 1Y: 4.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOLI

• 1D: -1.71%
• 1M: -3.41%
• 6M: -14.24%
• YTD: -10.70%
• 1Y: 2.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YGLD vs. GOLI - Yearly Performance Comparison

	2026 (YTD)	2025
YGLD Simplify Gold Strategy PLUS Income ETF	-20.87%	61.15%
GOLI Defiance Gold Enhanced Options Income ETF	-10.70%	15.16%

Correlation

The correlation between YGLD and GOLI is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Apr 2, 2025	0.81

The correlation between YGLD and GOLI has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

Return for Risk

YGLD vs. GOLI — Risk / Return Rank

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

YGLD

YGLD Risk / Return Rank: 12
YGLD Sharpe Ratio Rank: 11
YGLD Sortino Ratio Rank: 12
YGLD Omega Ratio Rank: 13
YGLD Calmar Ratio Rank: 11
YGLD Martin Ratio Rank: 11

GOLI

GOLI Risk / Return Rank: 11
GOLI Sharpe Ratio Rank: 11
GOLI Sortino Ratio Rank: 11
GOLI Omega Ratio Rank: 12
GOLI Calmar Ratio Rank: 10
GOLI Martin Ratio Rank: 11

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. GOLI - 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 (GOLI). 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.

	YGLD	GOLI	Difference
Sharpe ratio: Return per unit of total volatility	0.12	0.09	+0.02
Sortino ratio: Return per unit of downside risk	0.43	0.29	+0.15
Omega ratio: Gain probability vs. loss probability	1.06	1.05	+0.01
Calmar ratio: Return relative to maximum drawdown	0.11	0.09	+0.02
Martin ratio: Return relative to average drawdown	0.25	0.29	-0.04

YGLD vs. GOLI - Sharpe Ratio Comparison

The current YGLD Sharpe Ratio is 0.12, which is comparable to the GOLI Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of YGLD and GOLI, 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

YGLD vs. GOLI - Drawdown Comparison

The maximum YGLD drawdown since its inception was -42.90%, which is greater than GOLI's maximum drawdown of -25.88%. Use the drawdown chart below to compare losses from any high point for YGLD and GOLI.

Drawdown Indicators

	YGLD	GOLI	Difference
Max Drawdown Largest peak-to-trough decline	-42.90%	-25.88%	-17.02%
Max Drawdown (1Y) Largest decline over 1 year	-42.90%	-25.88%	-17.02%
Current Drawdown Current decline from peak	-42.90%	-20.59%	-22.31%
Average Drawdown Average peak-to-trough decline	-9.92%	-5.11%	-4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.47%	8.28%	+11.19%

Volatility

YGLD vs. GOLI - Volatility Comparison

The current volatility for Simplify Gold Strategy PLUS Income ETF (YGLD) is 11.47%, while Defiance Gold Enhanced Options Income ETF (GOLI) has a volatility of 14.48%. This indicates that YGLD experiences smaller price fluctuations and is considered to be less risky than GOLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YGLD	GOLI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.47%	14.48%	-3.01%
Volatility (6M) Calculated over the trailing 6-month period	35.91%	23.37%	+12.54%
Volatility (1Y) Calculated over the trailing 1-year period	42.25%	25.07%	+17.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.38%	23.26%	+16.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.38%	23.26%	+16.12%

YGLD vs. GOLI - Expense Ratio Comparison

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

Dividends

YGLD vs. GOLI - Dividend Comparison

YGLD's dividend yield for the trailing twelve months is around 22.04%, less than GOLI's 51.67% yield.

Position	TTM	2025
GOLI Defiance Gold Enhanced Options Income ETF	51.67%	37.38%
YGLD Simplify Gold Strategy PLUS Income ETF	22.04%	12.05%

Frequently Asked Questions

Can I hold both YGLD and GOLI in my portfolio?

YGLD and GOLI have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YGLD or GOLI?

GOLI has higher volatility (14.48%) compared to YGLD (11.47%). In terms of maximum drawdown, YGLD dropped -42.90% vs GOLI's -25.88%.

Which ETF is better, YGLD or GOLI?

On 1-year performance, YGLD leads with 4.85% vs 2.36% for GOLI. On fees, YGLD is cheaper at 0.50% per year. On volatility, YGLD has been the lower-risk option at 11.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YGLD or GOLI?

Over the 1-year period, YGLD has performed better with a 4.85% return vs 2.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YGLD or GOLI?

YGLD is cheaper with a 0.50% expense ratio, compared with 0.99% for GOLI.

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

GOLI has the higher dividend yield at 51.67%, compared with 22.04% for YGLD.

What is the main difference between YGLD and GOLI?

YGLD is categorized as Gold, while GOLI is Derivative Income. They also come from different issuers: Simplify and Defiance. Their fees differ too: 0.50% for YGLD and 0.99% for GOLI.

Which has better risk-adjusted returns?

YGLD currently has the higher Sharpe Ratio (0.12 vs 0.09), 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.