APCB vs GOLY
ActivePassive Core Bond ETF vs Strategy Shares Gold Enhanced Yield ETF
Which is better, APCB or GOLY?
Each has led over a different period.
APCB has a lower expense ratio. APCB led over 1Y, GOLY over 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | APCB | GOLY |
|---|---|---|
| Expense Ratio | 0.36%Best | 0.90% |
| AUM | $989M | $71M |
| Dividend Yield | 4.44% | 8.89% |
| Holdings | 3,770 | 7 |
| YTD Return | -2.08%Best | -30.69% |
| 1Y Return | -1.94%Best | -29.72% |
| 3Y Return (annualized) | +3.95% | +14.20%Best |
| 5Y Return (annualized) | - | +3.65% |
| Volatility (annualized) | 5.2%Best | 25.3% |
| Max Drawdown | -6.4%Best | -40.4% |
| $10,000 over 3.4 years | $10,632 | $12,865Best |
| Fund Family | Envestnet Asset Management | STRATEGY SHARES |
| Category | Fixed Income | Fixed Income |
| Inception | May 3, 2023 | May 17, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 3, 2023 to Oct 14, 2026 (3.4 years).
APCB vs GOLY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
APCB vs GOLY Performance
ActivePassive Core Bond ETF (APCB) is an ETF from Envestnet Asset Management and Strategy Shares Gold Enhanced Yield ETF (GOLY) is an ETF from STRATEGY SHARES. Over the past year APCB returned -1.94% while GOLY returned -29.72%. Year to date, APCB is down 2.08% versus a loss of 30.69% for GOLY.
Over three years, APCB compounded at +3.95% per year against +14.20% for GOLY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOLY has been the more volatile fund, with annualized monthly volatility of 25.3% compared with 5.2% for APCB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.4% for APCB and -40.4% for GOLY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
APCB charges 0.36% per year while GOLY charges 0.90%. On a $10,000 position that is $36 vs $90 annually, a gap of $54 per year that compounds over a long holding period. On income, APCB currently yields 4.44% against 8.89% for GOLY.
Holdings Overlap
We hold position weights for 1,221 holdings in APCB and 7 in GOLY, totalling 75.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1,221 positions we hold weights for in APCB and 7 in GOLY, against full books of 3,770 and 7.
What only one of them owns
Measured across the 1,221 and 7 positions we hold weights for.
APCB holds 976 positions GOLY does not, 75.9% of the fund.
Largest: MBB 11.84%, BNDX 9.85%, AGG 4.12%, T 4.375 05/15/34 1.37%, T 4.125 03/31/31 0.99%
You are not choosing between two funds in isolation.
Whichever of APCB and GOLY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, APCB or GOLY?
APCB has an expense ratio of 0.36% while GOLY charges 0.90%. APCB is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, APCB or GOLY?
Over the past year APCB returned -1.94% vs -29.72% for GOLY, so APCB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APCB or GOLY?
GOLY has been the more volatile fund at 25.3% annualized versus 5.2% for APCB. Worst drawdown: APCB -6.4% vs GOLY -40.4%.
Should I hold both APCB and GOLY?
APCB and GOLY have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, APCB or GOLY?
APCB yields 4.44% while GOLY yields 8.89%, so GOLY currently pays the higher dividend yield.
Is GOLY better than APCB?
APCB has a lower expense ratio. APCB led over 1Y, GOLY over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.