Strategy Shares Gold-Hedged Bond ETF (GOLY)
21.59
-0.52
(-2.36%)
USD |
BATS |
Apr 30, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.79% | -0.01% | 3.239M | 3092.13 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.05% | 11.00% | -11.57M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks investment results that correlate, before fees and expenses, to the performance of the Solactive Gold-Backed Bond Index (the "index"). The index is designed to provide broad exposure to the U.S. dollar-denominated investment grade corporate bond sector while at the same time mitigating or "hedging" against U.S. dollar currency risk through the implementation of a gold inflation hedge. Under normal conditions, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) directly, or indirectly through total return swaps, in bonds. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | Strategy Shares |
| Prospectus Benchmark Index | |
| Solactive Gold-Backed Bond TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Charles Ashley | 2.88 yrs |
| David Miller | 2.88 yrs |
Performance Versus Category
As of April 30, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 30, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks investment results that correlate, before fees and expenses, to the performance of the Solactive Gold-Backed Bond Index (the "index"). The index is designed to provide broad exposure to the U.S. dollar-denominated investment grade corporate bond sector while at the same time mitigating or "hedging" against U.S. dollar currency risk through the implementation of a gold inflation hedge. Under normal conditions, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) directly, or indirectly through total return swaps, in bonds. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | Strategy Shares |
| Prospectus Benchmark Index | |
| Solactive Gold-Backed Bond TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Charles Ashley | 2.88 yrs |
| David Miller | 2.88 yrs |