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Launched · SEC filings

IDX Alternative FIAT ETF

GLDBNasdaqIDXFThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$20.06+0.26 (+1.31%)

At close: Nov 2, 2026, 4:00 PM ET

F17/ 100

Rank 36 of 37 in Multi-Asset Allocation

F17/100Rank 36 of 37inMulti-Asset Allocation
Intraday session: up, 79 prints from 19.80 to 20.06. Range 20.05 to 20.31. Use the arrow keys to read each point.19.9020.0020.2020.3010 AM12 PM2 PM4 PM
Expense ratio
0.96%
Fund size
$36M
1Y total return
−19.1%
Yield · Last 12 months
No data
Holdings
10
Avg volume · 30D
12.2K sh
52W range
low $18.67high $30.73
Launched
Filings
SEC EDGAR

The ETF.net GLDB Grade

Based on 4 of 6 pillars

F

Score 17 out of 100

Category
Multi-Asset Allocation⁠
Rank
36 of 37
Six-pillar profile for GLDB. Scores out of 100: Cost 18, Risk 5, Mission not scored, Tradability 29, Holdings not scored, Durability 24. Strongest: Tradability (29). Weakest: Risk (5). Based on 4 of 6 pillars.

Score 17 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F18 out of 100
    Rank 30 of 37

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F5 out of 100
    Rank 35 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D29 out of 100
    Rank 32 of 37

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F24 out of 100
    Rank 33 of 37

Our read on GLDB

ETF.net Research

In short

FGold and bitcoin in one wrapper, geared to roughly 1.25x and re-tilted weekly by rules instead of hunches. It is the anti-fiat trade as a single ticker, priced at 0.96% a year.

Stated mandate

The Fund seeks capital appreciation through dynamic exposure to Bitcoin and gold, with possible smaller allocations to related cryptocurrency and precious-metal exposures.

Why people hold it

  • One ticker for the whole anti-fiat trade: bitcoin and gold side by side, with the split reset weekly by a rules-based model that can swing all the way into either one.sec.govsec.gov 2
  • Leverage is dialed low by design: the fund generally seeks 1.25x exposure, with at least 80% of net assets in bitcoin- and gold-linked futures, swaps and ETPs.sec.gov
  • Room to roam beyond the core two: up to 40% can sit in adjacent stores of value such as ether, silver and other precious metals when the model favors them.sec.gov

Worth knowing

  • At 0.96% it prices above the category median, and well above multi-asset peers like Cambria's TRTY at 0.39%.
  • Gearing cuts both ways: 1.25x magnifies drawdowns as readily as gains, and gold and bitcoin can slide in the same week.sec.gov
  • Launched in 2025 and still small, it trades lightly, so spreads can run wider than in the category's household names.

GLDB Performance

Launched Oct 23, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
GLDB$8,087
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. GLDB $8,087. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000$12,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GLDB. Periods over one year show the average yearly return.
PeriodGLDB
Year to date−18.2%
1 month−11.3%
3 months+2.0%
1 year−19.1%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GLDB
YearReturn barGLDB
2026 YTD−18.2%
2025−3.5%

History from Oct 24, 2025

GLDB in the news

GLDB Dividends

Last payment
$0.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.05. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.05

$10,000 in GLDB 1 year ago paid $18.75 in dividends.

GLDB Risk

Risk pillarF5 out of 100Rank 35 of 35 in Multi-Asset Allocation

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
33.1%
Annualised · 12 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.60
vs 3-month T-bills · 12 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−38.3%
12 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.63
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

GLDB Cost

Compare GLDB and UCBG

Overpaying vs UCBG, cheapest in Multi-Asset Allocation

$16,764

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GLDB 0.96%

    $18,034

  • UCBG 0.06% Cheapest

    $1,270

$10,000
30 years

Cost over time

  • GLDB 0.96%
  • UCBG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530GLDB $18,034UCBG $1,270

Year by year

YearGLDBUCBGOverpaying
10$1,695$110$1,585
20$6,383$432$5,951
30$18,034$1,270$16,764

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