GLDI
StockUBS ETRACS Gold Shares Covered Call ETN
Bigger than its usual dip. Not yet rare.
UBS ETRACS Gold Shares Covered Call ETN is 13.2% off its high — deeper than its 1.5% average pullback, but it has been through 78 drawdowns before. Not historically significant yet — we'll say so if that changes.
Moderately Elevated
Current Drawdown
-13.2%
Days in Drawdown
129
Avg Max Drawdown
1.5%
Avg Length
59
Drawdown Severity Score™
2.6
GLDI - Price & High Water Mark
GLDI - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
UBS ETRACS Gold Shares Covered Call ETN (GLDI) Analysis: Current Drawdown Insights
UBS ETRACS Gold Shares Covered Call ETN is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-10, the stock is trading at $143.48, which represents a 13.2% decline from its all-time high of $165.29. This drawdown has persisted for 129 days.
Based on its full tracked price history, UBS ETRACS Gold Shares Covered Call ETN typically experiences drawdowns averaging 1.5% in depth, with an average duration of 59 days. UBS ETRACS Gold Shares Covered Call ETN has gone through 78 total drawdown events in its tracked history. The largest drawdown on record for UBS ETRACS Gold Shares Covered Call ETN was 33.9%, beginning in 2013. The longest drawdown duration on record was 2722 days.
The Drawdown Severity Score™ for UBS ETRACS Gold Shares Covered Call ETN currently stands at 2.57. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing UBS ETRACS Gold Shares Covered Call ETN's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 78 tracked pullbacks (58 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-03-03 | Ongoing | 129 days | -13.2% | $165.29 | $143.48 | n/a |
| 2026-02-24 | 2026-02-26 | 3 days | -0.3% | $162.47 | $161.95 | $162.89 |
| 2026-02-12 | 2026-02-20 | 9 days | -1.9% | $159.14 | $156.08 | $160.96 |
| 2026-01-28 | 2026-02-09 | 13 days | -2.2% | $157.98 | $154.51 | $158.72 |
| 2026-01-23 | 2026-01-27 | 5 days | -0.1% | $157.83 | $157.66 | $157.98 |
| 2026-01-21 | 2026-01-22 | 2 days | -0.2% | $156.92 | $156.62 | $157.83 |
| 2026-01-15 | 2026-01-20 | 6 days | -0.3% | $155.18 | $154.78 | $156.92 |
| 2026-01-07 | 2026-01-09 | 3 days | -0.2% | $152.32 | $152.02 | $153.20 |
| 2025-12-26 | 2026-01-05 | 11 days | -1.2% | $151.64 | $149.78 | $151.83 |
| 2025-12-18 | 2025-12-19 | 2 days | -0.1% | $150.25 | $150.17 | $150.36 |
| 2025-12-02 | 2025-12-04 | 3 days | -0.3% | $146.95 | $146.48 | $146.97 |
| 2025-11-13 | 2025-11-24 | 12 days | -1.8% | $144.52 | $141.85 | $144.66 |
| 2025-10-21 | 2025-11-11 | 22 days | -3.7% | $143.55 | $138.23 | $143.64 |
| 2025-10-17 | 2025-10-20 | 4 days | -0.7% | $143.13 | $142.17 | $143.55 |
| 2025-10-09 | 2025-10-13 | 5 days | -0.6% | $139.93 | $139.07 | $141.27 |
| 2025-10-02 | 2025-10-03 | 2 days | -0.1% | $139.27 | $139.17 | $139.50 |
| 2025-09-30 | 2025-10-01 | 2 days | -0.1% | $139.09 | $138.97 | $139.27 |
| 2025-09-24 | 2025-09-29 | 6 days | -0.6% | $138.10 | $137.22 | $139.09 |
| 2025-09-17 | 2025-09-19 | 3 days | -0.6% | $136.19 | $135.43 | $136.22 |
| 2025-08-11 | 2025-08-26 | 16 days | -1.4% | $130.65 | $128.79 | $130.71 |
| 2025-07-23 | 2025-08-05 | 14 days | -2.4% | $129.57 | $126.49 | $129.61 |
| 2025-06-16 | 2025-07-21 | 36 days | -2.8% | $128.59 | $125.05 | $129.55 |
| 2025-06-05 | 2025-06-12 | 8 days | -0.9% | $127.06 | $125.90 | $127.22 |
| 2025-06-03 | 2025-06-04 | 2 days | -0.4% | $126.87 | $126.30 | $127.06 |
| 2025-05-27 | 2025-06-02 | 7 days | -1.0% | $125.85 | $124.60 | $126.87 |
| 2025-05-22 | 2025-05-23 | 2 days | -0.6% | $124.55 | $123.81 | $125.85 |
| 2025-05-07 | 2025-05-21 | 15 days | -3.5% | $124.55 | $120.25 | $124.55 |
| 2025-04-29 | 2025-05-06 | 8 days | -0.8% | $124.54 | $123.58 | $124.55 |
| 2025-04-22 | 2025-04-28 | 7 days | -0.3% | $124.26 | $123.92 | $124.54 |
| 2025-04-01 | 2025-04-10 | 10 days | -1.2% | $121.12 | $119.69 | $122.49 |
| 2025-03-21 | 2025-03-27 | 7 days | -0.7% | $120.58 | $119.78 | $120.91 |
| 2025-02-25 | 2025-03-13 | 16 days | -2.9% | $117.92 | $114.52 | $118.95 |
| 2025-02-21 | 2025-02-24 | 4 days | -0.3% | $117.50 | $117.11 | $117.92 |
| 2025-02-19 | 2025-02-20 | 2 days | -0.1% | $117.25 | $117.14 | $117.50 |
| 2025-02-13 | 2025-02-18 | 6 days | -0.6% | $117.10 | $116.43 | $117.25 |
| 2025-02-10 | 2025-02-11 | 2 days | -0.2% | $116.98 | $116.77 | $117.01 |
| 2025-02-04 | 2025-02-05 | 2 days | -0.2% | $116.58 | $116.31 | $116.88 |
| 2025-01-27 | 2025-01-30 | 4 days | -0.4% | $116.03 | $115.57 | $116.20 |
| 2025-01-22 | 2025-01-24 | 3 days | -0.1% | $115.52 | $115.35 | $116.03 |
| 2024-12-12 | 2025-01-17 | 37 days | -3.6% | $114.54 | $110.37 | $114.88 |
| 2024-10-31 | 2024-12-11 | 42 days | -5.8% | $114.51 | $107.88 | $114.54 |
| 2024-10-23 | 2024-10-30 | 8 days | -1.4% | $113.94 | $112.32 | $114.51 |
| 2024-10-21 | 2024-10-22 | 2 days | -0.0% | $113.09 | $113.07 | $113.94 |
| 2024-10-08 | 2024-10-10 | 3 days | -0.2% | $110.58 | $110.32 | $110.59 |
| 2024-09-27 | 2024-10-02 | 6 days | -0.2% | $110.34 | $110.13 | $110.42 |
| 2024-09-16 | 2024-09-19 | 4 days | -0.6% | $108.79 | $108.15 | $108.96 |
| 2024-09-06 | 2024-09-09 | 4 days | -0.2% | $107.07 | $106.90 | $107.18 |
| 2024-08-30 | 2024-09-05 | 7 days | -0.3% | $107.07 | $106.76 | $107.07 |
| 2024-08-28 | 2024-08-29 | 2 days | -0.0% | $106.95 | $106.93 | $107.07 |
| 2024-08-22 | 2024-08-23 | 2 days | -0.2% | $106.42 | $106.20 | $106.43 |
| 2024-08-19 | 2024-08-20 | 2 days | -0.0% | $106.04 | $106.01 | $106.40 |
| 2024-07-19 | 2024-07-31 | 13 days | -2.0% | $104.04 | $101.92 | $104.18 |
| 2024-05-21 | 2024-07-11 | 52 days | -3.4% | $102.85 | $99.37 | $103.03 |
| 2024-04-22 | 2024-05-15 | 24 days | -3.0% | $101.40 | $98.35 | $101.62 |
| 2024-02-02 | 2024-02-29 | 28 days | -2.8% | $94.76 | $92.14 | $94.78 |
| 2023-12-28 | 2024-02-01 | 36 days | -2.3% | $94.62 | $92.43 | $94.76 |
| 2023-12-04 | 2023-12-19 | 16 days | -2.3% | $92.98 | $90.88 | $93.43 |
| 2020-08-19 | 2023-11-27 | 1196 days | -14.3% | $91.83 | $78.72 | $91.93 |
| 2013-02-07 | 2020-07-22 | 2722 days | -33.9% | $87.88 | $58.08 | $89.19 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
UBS ETRACS Gold Shares Covered Call ETN (GLDI) is trading at $143.48 as of Jul 10, 2026. It is 13.2% below its high of $165.29. The drawdown has lasted 129 days. Severity score: 2.6 (Moderately Elevated).
GLDI Price History and Drawdown Data
Latest price
$143.48
High-water mark
$165.29
Current drawdown
-13.2%
Days in drawdown
129
This GLDI page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior UBS ETRACS Gold Shares Covered Call ETN drawdowns.
What History Says About GLDI
UBS ETRACS Gold Shares Covered Call ETN has dropped 5%+ from its high 3 times in its tracked history. These events lasted an average of 1320 days with an average max drop of -18.0%.
The current drawdown of -13.2% has lasted 129 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Feb 2013 to Jul 2020 | -33.9% | 2722 days |
| Aug 2020 to Nov 2023 | -14.3% | 1196 days |
| Oct 2024 to Dec 2024 | -5.8% | 42 days |
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