GBND vs GOLY
Goldman Sachs Core Bond ETF vs Strategy Shares Gold Enhanced Yield ETF
Which is better, GBND or GOLY?
GBND has been ahead.
GBND has a lower expense ratio. GBND led over 1Y 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 | GBND | GOLY |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.90% |
| AUM | $601M | $71M |
| Dividend Yield | 4.01% | 8.89% |
| Holdings | 747 | 7 |
| YTD Return | -2.40%Best | -30.69% |
| 1Y Return | -2.18%Best | -29.72% |
| 3Y Return (annualized) | - | +14.20% |
| 5Y Return (annualized) | - | +3.65% |
| Volatility (annualized) | 4.0%Best | 35.9% |
| Max Drawdown | -4.9%Best | -40.4% |
| $10,000 over 1.3 years | $10,090Best | $8,602 |
| Fund Family | Goldman Sachs Asset Management | STRATEGY SHARES |
| Category | Fixed Income | Fixed Income |
| Inception | Jun 24, 2025 | May 17, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 26, 2025 to Oct 14, 2026 (1.3 years).
GBND 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.
GBND vs GOLY Performance
Goldman Sachs Core Bond ETF (GBND) is an ETF from Goldman Sachs Asset Management and Strategy Shares Gold Enhanced Yield ETF (GOLY) is an ETF from STRATEGY SHARES. Over the past year GBND returned -2.18% while GOLY returned -29.72%. Year to date, GBND is down 2.40% versus a loss of 30.69% 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 35.9% compared with 4.0% for GBND. 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 -4.9% for GBND 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GBND charges 0.25% per year while GOLY charges 0.90%. On a $10,000 position that is $25 vs $90 annually, a gap of $65 per year that compounds over a long holding period. On income, GBND currently yields 4.01% against 8.89% for GOLY.
Holdings Overlap
We hold position weights for 480 holdings in GBND and 7 in GOLY, totalling 52.2% 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 480 positions we hold weights for in GBND and 7 in GOLY, against full books of 747 and 7.
What only one of them owns
Measured across the 480 and 7 positions we hold weights for.
GBND holds 377 positions GOLY does not, 52.2% of the fund.
Largest: T 3.875 11/30/29 6.48%, FNCL 2.5 10/11 4.01%, T 4.5 11/15/54 2.32%, T 4.25 08/15/54 2.24%, T 4.875 08/15/45 1.57%
You are not choosing between two funds in isolation.
Whichever of GBND 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, GBND or GOLY?
GBND has an expense ratio of 0.25% while GOLY charges 0.90%. GBND is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, GBND or GOLY?
Over the past year GBND returned -2.18% vs -29.72% for GOLY, so GBND leads on 1-year performance. Over the longest common window we track (1 years), GBND annualized +0.69% vs -10.94% for GOLY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GBND or GOLY?
GOLY has been the more volatile fund at 35.9% annualized versus 4.0% for GBND. Worst drawdown: GBND -4.9% vs GOLY -40.4%.
Should I hold both GBND and GOLY?
GBND and GOLY have a monthly-return correlation of 0.71, 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, GBND or GOLY?
GBND yields 4.01% while GOLY yields 8.89%, so GOLY currently pays the higher dividend yield.
Is GOLY better than GBND?
GBND has a lower expense ratio. GBND led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.