YGLD vs. IGLD

Last updated Jun 24, 2026

YGLD (Simplify Gold Strategy PLUS Income ETF) and IGLD (FT Vest Gold Strategy Target Income ETF) are both Gold funds. Both are actively managed. Over the past year, YGLD returned 11.74% vs 14.83% for IGLD. Their correlation of 0.88 suggests significant overlap in exposure. YGLD charges 0.50%/yr vs 0.85%/yr for IGLD.

Performance

YGLD vs. IGLD - Performance Comparison

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

Returns By Period

In the year-to-date period, YGLD achieves a -16.76% return, which is significantly lower than IGLD's -5.55% return.

YGLD

• 1D: -2.32%
• 1M: -12.41%
• YTD: -16.76%
• 6M: -23.00%
• 1Y: 11.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGLD

• 1D: -1.96%
• 1M: -8.08%
• YTD: -5.55%
• 6M: -8.37%
• 1Y: 14.83%
• 3Y*: 20.33%
• 5Y*: 12.76%
• 10Y*: —

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

YGLD vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YGLD Simplify Gold Strategy PLUS Income ETF	-16.76%	96.82%	-4.26%
IGLD FT Vest Gold Strategy Target Income ETF	-5.55%	47.46%	-0.32%

Correlation

The correlation between YGLD and IGLD is 0.91, 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	0.91
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024	0.88

The correlation between YGLD and IGLD has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.

Return for Risk

YGLD vs. IGLD — Risk / Return Rank

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

YGLD

YGLD Risk / Return Rank: 13
YGLD Sharpe Ratio Rank: 13
YGLD Sortino Ratio Rank: 13
YGLD Omega Ratio Rank: 15
YGLD Calmar Ratio Rank: 12
YGLD Martin Ratio Rank: 12

IGLD

IGLD Risk / Return Rank: 18
IGLD Sharpe Ratio Rank: 19
IGLD Sortino Ratio Rank: 18
IGLD Omega Ratio Rank: 20
IGLD Calmar Ratio Rank: 17
IGLD Martin Ratio Rank: 18

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. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Gold Strategy PLUS Income ETF (YGLD) and FT Vest Gold Strategy Target Income ETF (IGLD). 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	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	0.28	0.61	-0.33
Sortino ratio: Return per unit of downside risk	0.63	0.94	-0.31
Omega ratio: Gain probability vs. loss probability	1.09	1.14	-0.05
Calmar ratio: Return relative to maximum drawdown	0.29	0.68	-0.39
Martin ratio: Return relative to average drawdown	0.69	1.94	-1.25

YGLD vs. IGLD - Sharpe Ratio Comparison

The current YGLD Sharpe Ratio is 0.28, which is lower than the IGLD Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of YGLD and IGLD, 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. IGLD - Drawdown Comparison

The maximum YGLD drawdown since its inception was -40.91%, which is greater than IGLD's maximum drawdown of -21.90%. Use the drawdown chart below to compare losses from any high point for YGLD and IGLD.

Drawdown Indicators

	YGLD	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-40.91%	-21.90%	-19.01%
Max Drawdown (1Y) Largest decline over 1 year	-40.91%	-21.90%	-19.01%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.90%	—
Current Drawdown Current decline from peak	-39.93%	-21.20%	-18.73%
Average Drawdown Average peak-to-trough decline	-8.87%	-5.37%	-3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.08%	7.68%	+9.40%

Volatility

YGLD vs. IGLD - Volatility Comparison

Simplify Gold Strategy PLUS Income ETF (YGLD) has a higher volatility of 11.81% compared to FT Vest Gold Strategy Target Income ETF (IGLD) at 8.14%. This indicates that YGLD's price experiences larger fluctuations and is considered to be riskier than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YGLD	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.81%	8.14%	+3.67%
Volatility (6M) Calculated over the trailing 6-month period	36.35%	22.34%	+14.01%
Volatility (1Y) Calculated over the trailing 1-year period	41.62%	24.40%	+17.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.45%	15.48%	+23.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.45%	15.30%	+24.15%

YGLD vs. IGLD - Expense Ratio Comparison

YGLD has a 0.50% expense ratio, which is lower than IGLD's 0.85% expense ratio.

Dividends

YGLD vs. IGLD - Dividend Comparison

YGLD's dividend yield for the trailing twelve months is around 21.43%, more than IGLD's 19.29% yield.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Vest Gold Strategy Target Income ETF	19.29%	9.91%	20.81%	7.85%	4.45%	2.24%
YGLD Simplify Gold Strategy PLUS Income ETF	21.43%	12.05%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YGLD and IGLD in my portfolio?

With a correlation of 0.91, YGLD and IGLD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, YGLD or IGLD?

YGLD has higher volatility (11.81%) compared to IGLD (8.14%). In terms of maximum drawdown, YGLD dropped -40.91% vs IGLD's -21.90%.

Which ETF is better, YGLD or IGLD?

On 1-year performance, IGLD leads with 14.83% vs 11.74% for YGLD. On fees, YGLD is cheaper at 0.50% per year. On volatility, IGLD has been the lower-risk option at 8.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YGLD or IGLD?

Over the 1-year period, IGLD has performed better with a 14.83% return vs 11.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YGLD or IGLD?

YGLD is cheaper with a 0.50% expense ratio, compared with 0.85% for IGLD.

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

YGLD has the higher dividend yield at 21.43%, compared with 19.29% for IGLD.

What is the main difference between YGLD and IGLD?

They also come from different issuers: Simplify and First Trust. Their fees differ too: 0.50% for YGLD and 0.85% for IGLD.

Which has better risk-adjusted returns?

IGLD currently has the higher Sharpe Ratio (0.61 vs 0.28), 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.