Credit Suisse X-Links Gold Shares Covered… (GLDI) Performance
GLDI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.9% since Dec 31, 2025
- 1 year
- +0.7% total return
- 5 years
- +10.7% a year
- 10 years
- +8.2% a year
- Since first price
- +3.8% a year since 2013
GLDI trailing returns vs SPY, QQQ, AGG
| Period | GLDI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.1% | −6.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.2% | −4.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −8.2% | −18.5% | +7.8% | +8.4% | −1.5% |
| YTD | −4.9% | −22.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +0.7% | −20.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +60.0%+17.0%/yr | −3.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +66.2%+10.7%/yr | −20.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +120.7%+8.2%/yr | −31.7% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJan 29, 2013 | +67.9%+3.8%/yr | −66.3% | — | — | — |
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: GLDI vs SPY
From Jan 29, 2013: GLDI grew to $16,789, SPY to $63,676.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GLDI returns by calendar year
7 of 12 full years positive. Best 2025 (+34.2%), worst 2015 (−6.2%). 2026 is year to date.
GLDI annual returns table
| Year | GLDI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.9% | −15.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +34.2% | −3.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.7% | −5.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +8.9% | −8.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −1.1% | −14.1% | −18.2% | −32.6% | −13.0% |
| 2021 | −3.4% | −11.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +23.5% | −11.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +14.4% | −5.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −0.5% | −11.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +8.9% | −6.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +0.9% | −14.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −6.2% | −12.3% | +1.2% | +9.4% | +0.5% |
| 2014 | −3.3% | −14.7% | +13.5% | +19.2% | +6.0% |
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.
GLDI largest drawdowns
Now 13.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 6, 2013 | −32.3% | Dec 2, 2015 | Jun 30, 2020 | 2.8 years | 7.4 years |
| Mar 2, 2026 | −15.8% | Jun 24, 2026 | not yet | 4 months | 8 months so far |
| Aug 18, 2020 | −14.3% | Sep 26, 2022 | Nov 27, 2023 | 2.1 years | 3.3 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GLDI risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +19.6% | +11.6% | +8.1% | +4.0% |
| Volatility (annualized) | 12.0% | 11.3% | 10.9% | 11.7% |
| Sharpe ratio | 1.20 | 0.72 | 0.57 | 0.26 |
| Sortino ratio | 1.81 | 1.11 | 0.88 | 0.37 |
| Best month | +7.2% | +7.2% | +8.3% | +8.3% |
| Worst month | −9.7% | −9.7% | −9.7% | −10.7% |
| Best 12 months | +43.4% | +43.4% | +43.4% | +43.4% |
| Worst 12 months | +5.3% | −7.0% | −8.2% | −21.2% |
| Positive months | 78% | 62% | 57% | 55% |
| Beta vs S&P 500 | 0.15 | 0.18 | 0.14 | — |
| Correlation with S&P 500 | 0.16 | 0.25 | 0.19 | — |
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.
GLDI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 154 | −21.2% | +2.8% | +43.4% | 62% |
| 3-year (a year) | 130 | −10.2% | +5.5% | +24.2% | 79% |
| 5-year (a year) | 106 | −5.0% | +6.9% | +14.5% | 84% |
| 10-year (a year) | 46 | +0.5% | +5.9% | +10.0% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
GLDI performance overview
Credit Suisse X-Links Gold Shares Covered… (GLDI) returned +0.7% over the past year and +8.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +3.8% a year, turning $10,000 into about $16,789. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −32.3%, from Feb 6, 2013 to Dec 2, 2015, and it took 4.6 years to get back to the old high. GLDI finished 7 of its 12 full calendar years with a gain; the best year was 2025 (+34.2%) and the worst 2015 (−6.2%). Volatility has been 11.7% a year.
Related: GLDI chart, GLDI dividends. See the GLDI overview for the latest quote and fund facts.
GLDI performance FAQ
What is the GLDI return over the past year?
GLDI returned +0.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 20.6%.
What is the average annual return of GLDI?
GLDI has returned +10.7% a year over 5 years, +8.2% a year over 10 years, +3.8% a year since January 29, 2013 (total return, distributions reinvested).
How much would $10,000 invested in GLDI be worth?
$10,000 invested in GLDI at its first recorded close on January 29, 2013 would be worth about $16,789 on October 23, 2026 with distributions reinvested.
What was the worst year for GLDI?
The worst calendar year was 2015, with a total return of −6.2%. The best was 2025 at +34.2%.
What is the biggest drawdown of GLDI?
The largest peak-to-trough decline was −32.3% between February 6, 2013 and December 2, 2015. It recovered to the old high on June 30, 2020, 4.6 years after the bottom.
How volatile is GLDI?
Over the past 3 years GLDI had an annualized volatility of 12.0% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).