Arrow ETF (GYLD) Performance
GYLD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.9% since Dec 31, 2025
- 1 year
- +7.8% total return
- 5 years
- +5.4% a year
- 10 years
- +4.0% a year
- Since first price
- +3.0% a year since 2012
GYLD trailing returns vs SPY, QQQ, AGG
| Period | GYLD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.8% | −6.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −6.5% | −8.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.4% | −6.0% | +7.8% | +8.4% | −1.5% |
| YTD | +3.9% | −1.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +7.8% | 0.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +47.8%+13.9%/yr | +12.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +30.1%+5.4%/yr | −12.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +47.5%+4.0%/yr | −30.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionMay 8, 2012 | +53.1%+3.0%/yr | −47.1% | — | — | — |
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: GYLD vs SPY
From May 8, 2012: GYLD grew to $15,306, SPY to $71,501.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GYLD returns by calendar year
8 of 13 full years positive. Best 2025 (+19.9%), worst 2015 (−22.0%). 2026 is year to date.
GYLD annual returns table
| Year | GYLD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +3.9% | −11.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +19.9% | −8.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +3.8% | −7.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +10.4% | −11.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.7% | −19.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +18.0% | −7.8% | +28.7% | +27.4% | −1.8% |
| 2020 | −11.2% | −47.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +15.6% | −7.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −10.0% | −16.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +4.3% | −4.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +15.8% | −13.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −22.0% | −29.8% | +1.2% | +9.4% | +0.5% |
| 2014 | −3.5% | −16.9% | +13.5% | +19.2% | +6.0% |
| 2013 | +7.3% | −13.9% | +32.3% | +36.6% | −2.0% |
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.
GYLD largest drawdowns
Now 7.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 2, 2014 | −54.1% | Mar 23, 2020 | Sep 25, 2024 | 5.6 years | 10.1 years |
| May 8, 2013 | −13.9% | Jun 24, 2013 | Mar 6, 2014 | 47 days | 10 months |
| Aug 21, 2026 | −11.9% | Oct 19, 2026 | not yet | 59 days | 2 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.
GYLD risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +13.1% | +6.3% | +4.1% | +3.6% |
| Volatility (annualized) | 10.7% | 12.6% | 17.0% | 16.3% |
| Sharpe ratio | 0.80 | 0.26 | 0.20 | 0.21 |
| Sortino ratio | 1.31 | 0.38 | 0.26 | 0.28 |
| Best month | +7.6% | +7.6% | +16.1% | +16.1% |
| Worst month | −5.6% | −9.2% | −32.0% | −32.0% |
| Best 12 months | +25.7% | +25.7% | +60.3% | +60.3% |
| Worst 12 months | +3.8% | −14.9% | −38.2% | −38.2% |
| Positive months | 69% | 57% | 57% | 58% |
| Beta vs S&P 500 | 0.47 | 0.57 | 0.83 | — |
| Correlation with S&P 500 | 0.55 | 0.71 | 0.75 | — |
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.
GYLD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 162 | −38.2% | +3.6% | +60.3% | 66% |
| 3-year (a year) | 138 | −13.9% | +1.9% | +17.4% | 62% |
| 5-year (a year) | 114 | −10.5% | +1.0% | +14.5% | 62% |
| 10-year (a year) | 54 | −1.5% | +0.5% | +6.4% | 63% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
GYLD performance overview
Arrow ETF (GYLD) returned +7.8% over the past year and +4.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +3.0% a year, turning $10,000 into about $15,306. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −54.1%, from Sep 2, 2014 to Mar 23, 2020, and it took 4.5 years to get back to the old high. GYLD finished 8 of its 13 full calendar years with a gain; the best year was 2025 (+19.9%) and the worst 2015 (−22.0%). Volatility has been 16.3% a year.
Related: GYLD chart, GYLD dividends. See the GYLD overview for the latest quote and fund facts.
GYLD performance FAQ
What is the GYLD return over the past year?
GYLD returned +7.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 0.0%.
What is the average annual return of GYLD?
GYLD has returned +5.4% a year over 5 years, +4.0% a year over 10 years, +3.0% a year since May 8, 2012 (total return, distributions reinvested).
How much would $10,000 invested in GYLD be worth?
$10,000 invested in GYLD at its first recorded close on May 8, 2012 would be worth about $15,306 on October 23, 2026 with distributions reinvested.
What was the worst year for GYLD?
The worst calendar year was 2015, with a total return of −22.0%. The best was 2025 at +19.9%.
What is the biggest drawdown of GYLD?
The largest peak-to-trough decline was −54.1% between September 2, 2014 and March 23, 2020. It recovered to the old high on September 25, 2024, 4.5 years after the bottom.
How volatile is GYLD?
Over the past 3 years GYLD had an annualized volatility of 10.7% and a Sharpe ratio of 0.80 (excess return over 1–3 month T-bills per unit of risk).