Strategy Shares - Strategy Shares Gold-Hedged… (GOLY) Performance
GOLY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −30.0% since Dec 31, 2025
- 1 year
- −27.1% total return
- 5 years
- +4.2% a year
- Since first price
- +3.1% a year since 2021
GOLY trailing returns vs AGG, TLT, SPY
| Period | GOLY total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −6.8% | −7.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −2.5% | −3.8% | −0.4% | −1.0% | +3.2% |
| 6 months | −18.3% | −20.4% | −1.5% | −3.8% | +7.8% |
| YTD | −30.0% | −32.9% | −1.0% | −3.4% | +12.3% |
| 1 year | −27.1% | −31.8% | −1.1% | −6.9% | +14.4% |
| 3 years | +50.0%+14.5%/yr | +26.6% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +23.0%+4.2%/yr | −1.5% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMay 18, 2021 | +18.1%+3.1%/yr | −6.2% | — | — | — |
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: GOLY vs AGG
From May 18, 2021: GOLY grew to $11,808, AGG to $9,997.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GOLY returns by calendar year
3 of 4 full years positive. Best 2025 (+58.0%), worst 2022 (−20.0%). 2026 is year to date.
GOLY annual returns table
| Year | GOLY | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −30.0% | −39.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +58.0% | −10.8% | +7.2% | +4.3% | +17.7% |
| 2024 | +19.8% | −9.3% | +1.3% | −8.1% | +24.9% |
| 2023 | +12.7% | −19.7% | +5.7% | +2.8% | +26.2% |
| 2022 | −20.0% | −36.0% | −13.0% | −31.2% | −18.2% |
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.
GOLY largest drawdowns
Now 39.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 27, 2026 | −39.6% | Oct 23, 2026 | not yet | 8 months | 8 months so far |
| Mar 8, 2022 | −36.0% | Oct 20, 2022 | Aug 16, 2024 | 7 months | 2.4 years |
| Jan 28, 2026 | −16.1% | Jan 30, 2026 | Feb 23, 2026 | 2 days | 26 days |
| Oct 20, 2025 | −10.8% | Nov 4, 2025 | Dec 23, 2025 | 15 days | 2 months |
| Jun 11, 2021 | −10.1% | Jan 28, 2022 | Mar 8, 2022 | 8 months | 9 months |
| Apr 2, 2025 | −9.6% | Apr 8, 2025 | Apr 16, 2025 | 6 days | 14 days |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
GOLY risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +17.3% | +5.1% | +3.4% |
| Volatility (annualized) | 26.1% | 24.5% | 24.0% |
| Sharpe ratio | 0.58 | 0.18 | 0.12 |
| Sortino ratio | 0.82 | 0.25 | 0.17 |
| Best month | +19.8% | +19.8% | +19.8% |
| Worst month | −26.4% | −26.4% | −26.4% |
| Best 12 months | +68.4% | +68.4% | +68.4% |
| Worst 12 months | −21.5% | −29.0% | −29.0% |
| Positive months | 67% | 57% | 55% |
| Beta vs S&P 500 | 0.44 | 0.61 | — |
| Correlation with S&P 500 | 0.21 | 0.39 | — |
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.
GOLY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 54 | −29.0% | +9.6% | +68.4% | 65% |
| 3-year (a year) | 30 | −2.1% | +14.6% | +35.7% | 93% |
| 5-year (a year) | 6 | +4.2% | +5.2% | +6.7% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
GOLY performance overview
Strategy Shares - Strategy Shares Gold-Hedged… (GOLY) returned −27.1% over the past year and +4.2% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +3.1% a year, turning $10,000 into about $11,808. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −39.6%, from Feb 27, 2026 to Oct 23, 2026; the fund has not yet regained that high. GOLY finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+58.0%) and the worst 2022 (−20.0%). Volatility has been 24.0% a year.
Related: GOLY chart, GOLY dividends, GOLY bond profile. See the GOLY overview for the latest quote and fund facts.
GOLY performance FAQ
What is the GOLY return over the past year?
GOLY returned −27.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 31.8%.
What is the average annual return of GOLY?
GOLY has returned +4.2% a year over 5 years, +3.1% a year since May 18, 2021 (total return, distributions reinvested).
How much would $10,000 invested in GOLY be worth?
$10,000 invested in GOLY at its first recorded close on May 18, 2021 would be worth about $11,808 on October 23, 2026 with distributions reinvested.
What was the worst year for GOLY?
The worst calendar year was 2022, with a total return of −20.0%. The best was 2025 at +58.0%.
What is the biggest drawdown of GOLY?
The largest peak-to-trough decline was −39.6% between February 27, 2026 and October 23, 2026. It has not yet recovered to that high; it is 39.6% below its peak.
How volatile is GOLY?
Over the past 3 years GOLY had an annualized volatility of 26.1% and a Sharpe ratio of 0.58 (excess return over 1–3 month T-bills per unit of risk).