# IncomeShares Gold+ Yield ETP (GLDE)

**Page:** https://fundology.uk/fund/glde · ISIN XS2852999775

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, GLDE (IncomeShares Gold+ Yield ETP, ISIN XS2852999775) closed at £8.72 on the London Stock Exchange. Its ongoing charge is 0.37% a year (about £37 on £10,000). Over the year to 13/11/2026 its total return was −8.6%, or −11.8% after UK CPIH inflation.

## Summary

IncomeShares Gold+ Yield ETP is an exchange-traded product from IncomeShares, launched in 2024. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.37% a year — about £37 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£8.72** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GLDE |
| ISIN | XS2852999775 |
| Also listed as | GLDI (London Stock Exchange, US dollars), YGLD (Xetra, euros) |
| Category | Gold & commodities |
| Type | ETN / ETP |
| Provider | IncomeShares |
| Income | Distributing |
| Ongoing charge | 0.37% a year (£37 per £10,000) |
| Fund size | £41.9m |
| Launched | 2024 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/05/2024 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -8.59% | -11.83% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of IncomeShares Gold+ Yield ETP in pounds (price only, income paid out not included): 2025 +33.7%; 2026 to 13/11/2026 −22.5%. Returns of IncomeShares Gold+ Yield ETP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −8.1%; to 30/09/2025: +28.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +33.7% | +29.1% | Price |
| 2026 to 13/11/2026 | -22.5% | -25.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 19.25% | -29.96% |

## Largest fall

Volatility of IncomeShares Gold+ Yield ETP in pounds, annualised from weekly returns to 13/11/2026: 19.3% over 1 year. Largest fall in the price of IncomeShares Gold+ Yield ETP since July 2024, in pounds: −30.0% from 27/02/2026 to 13/11/2026. The lowest 12-month return of IncomeShares Gold+ Yield ETP in pounds (price only, income paid out not included) since July 2024 was −20.4% (12 months to 13/11/2026); the highest was +39.3% (12 months to 26/12/2025). On 13/11/2026 the price of IncomeShares Gold+ Yield ETP was 30.0% below its highest weekly close since July 2024 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of IncomeShares Gold+ Yield ETP 0.37% a year. Compared on 14/11/2026, 81 of the 149 other gold and commodity funds charge more, 0 the same and 68 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.37%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of GLDE?**

The ongoing charge of GLDE is 0.37% a year — about £37 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of IncomeShares Gold+ Yield ETP 0.37% a year. Compared on 14/11/2026, 81 of the 149 other gold and commodity funds charge more, 0 the same and 68 less (share classes counted once).

**Is GLDE accumulating or distributing?**

GLDE is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.

**What is the ISIN of GLDE?**

The ISIN of GLDE is XS2852999775. An ISIN identifies one exact share class of a fund; GLDE is its ticker on the London Stock Exchange. The same share class is also listed as GLDI (London Stock Exchange, US dollars) and YGLD (Xetra, euros).

**What were GLDE’s returns in each of the last five years?**

Calendar-year returns of GLDE in pounds (price only, income paid out not included): 2025 +33.7%; 2026 to 13/11/2026 −22.5%. Past performance is not a guide to future returns.

**How has GLDE done after inflation?**

Over the year to 13/11/2026 GLDE’s total return was −8.6%, or −11.8% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.