FT Cboe Vest Gold Tactical Buffer ETF (BGLD) Performance
BGLD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.0% since Dec 31, 2025
- 1 year
- −4.7% total return
- 5 years
- +10.9% a year
- Since first price
- +8.4% a year since 2021
BGLD trailing returns vs SPY, QQQ, AGG
| Period | BGLD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.7% | −3.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.8% | −1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −6.7% | −6.7% | +7.8% | +8.4% | −1.5% |
| YTD | −6.0% | −6.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −4.7% | −4.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +58.8%+16.7%/yr | +15.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +68.1%+10.9%/yr | +21.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 21, 2021 | +59.0%+8.4%/yr | +14.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BGLD vs SPY
From Jan 21, 2021: BGLD grew to $15,897, SPY to $21,354.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BGLD returns by calendar year
3 of 4 full years positive. Best 2025 (+33.0%), worst 2022 (−2.4%). 2026 is year to date.
BGLD annual returns table
| Year | BGLD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.0% | −13.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +33.0% | −3.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +21.8% | −5.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.2% | −6.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.4% | −15.4% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BGLD largest drawdowns
Now 13.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 28, 2021 | −16.2% | Nov 3, 2022 | Oct 27, 2023 | 1.4 years | 2.4 years |
| Mar 2, 2026 | −13.0% | Oct 23, 2026 | not yet | 8 months | 8 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BGLD risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +19.2% | +11.5% | +9.0% |
| Volatility (annualized) | 10.6% | 10.2% | 10.3% |
| Sharpe ratio | 1.31 | 0.78 | 0.60 |
| Sortino ratio | 2.21 | 1.31 | 0.96 |
| Best month | +6.3% | +7.1% | +7.1% |
| Worst month | −6.4% | −6.4% | −6.4% |
| Best 12 months | +34.2% | +34.2% | +34.2% |
| Worst 12 months | −2.2% | −9.9% | −9.9% |
| Positive months | 81% | 67% | 63% |
| Beta vs S&P 500 | 0.07 | 0.14 | — |
| Correlation with S&P 500 | 0.09 | 0.22 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BGLD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 58 | −9.9% | +12.1% | +34.2% | 78% |
| 3-year (a year) | 34 | +1.3% | +16.8% | +25.2% | 100% |
| 5-year (a year) | 10 | +10.8% | +11.7% | +13.8% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
BGLD performance overview
FT Cboe Vest Gold Tactical Buffer ETF (BGLD) returned −4.7% over the past year and +10.9% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +8.4% a year, turning $10,000 into about $15,897. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.2%, from May 28, 2021 to Nov 3, 2022, and it took 12 months to get back to the old high. BGLD finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+33.0%) and the worst 2022 (−2.4%). Volatility has been 10.3% a year.
Related: BGLD chart, BGLD dividends. See the BGLD overview for the latest quote and fund facts.
BGLD performance FAQ
What is the BGLD return over the past year?
BGLD returned −4.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.7%.
What is the average annual return of BGLD?
BGLD has returned +10.9% a year over 5 years, +8.4% a year since January 21, 2021 (total return, distributions reinvested).
How much would $10,000 invested in BGLD be worth?
$10,000 invested in BGLD at its first recorded close on January 21, 2021 would be worth about $15,897 on October 23, 2026 with distributions reinvested.
What was the worst year for BGLD?
The worst calendar year was 2022, with a total return of −2.4%. The best was 2025 at +33.0%.
What is the biggest drawdown of BGLD?
The largest peak-to-trough decline was −16.2% between May 28, 2021 and November 3, 2022. It recovered to the old high on October 27, 2023, 12 months after the bottom.
How volatile is BGLD?
Over the past 3 years BGLD had an annualized volatility of 10.6% and a Sharpe ratio of 1.31 (excess return over 1–3 month T-bills per unit of risk).