GLDBStrategy Shares Gold-Hedged Bond ETF
GLDB Fund Description
GLDB tracks an index that provides broad exposure to USD-denominated investment grade corporate bonds while using near term gold futures to potentially hedge inflation risk.
GLDB Factset Analytics Insight
GLDB bets on the thought that gold will serve as a hedge during times of inflation for a bond investment. The fund’s underlying index combines two others. One index tracks the US dollar denominated investment grade corporate bond sector. The second index tracks the performance return of the near month gold futures contracts listed on the Chicago Mercantile Exchange. The portfolio itself contains individual corporate bonds and gold futures contracts with a notional value equivalent to the dollar exposure in corporate bonds. The weight in the portfolio to each asset class aims to provide the exposure of US dollar denominated corporate bonds as if such bonds were denominated in gold. The investment objective is to generate income and maintain consistent purchasing power. The gold exposure is reset monthly and rebalanced on the last business day of each month. It is possible for both corporate bonds and gold to decline in value at the same time.
GLDB MSCI ESG Analytics Insight
Strategy Shares Gold-Hedged Bond ETF has an MSCI ESG Fund Rating of undefined based on a score of 8.18 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Strategy Shares Gold-Hedged Bond ETF ranks in the 88th percentile within its peer group and in the 99th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
GLDB Summary Data
GLDB Portfolio Data
GLDB Index Data
GLDB Fund Structure
GLDB Tax Exposures
GLDB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GLDB. GLDB is rated a N/A out of 5.