Roundhill Gold WeeklyPay ETF (GLDW) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GLDW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GLDW
GLDW charges 0.99% annually. There are 127 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 27.28M | Nov 2024 | GLDW vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | GLDW vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | GLDW vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | GLDW vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.25B | Oct 2023 | GLDW vs GPIX |
Best Risk-Adjusted Alternatives to GLDW
Among 138 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | GLDW vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | GLDW vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | GLDW vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | GLDW vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | GLDW vs TSMY |
Top Performing GLDW Alternatives (YTD)
GLDW is at 1.00% YTD. There are 142 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | GLDW vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | GLDW vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | GLDW vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | GLDW vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | GLDW vs MRNY |
Lowest Volatility Alternatives to GLDW
GLDW has 36.90% 1-year volatility. There are 189 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | GLDW vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | GLDW vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | GLDW vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | GLDW vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | GLDW vs LQTI |
Lowest Drawdown Alternatives to GLDW
Among 138 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 438.06M | Oct 2022 | GLDW vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | GLDW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | GLDW vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | GLDW vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | GLDW vs OMAH |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $781B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 70 | 10.91% | 781.00B | Jan 1993 | GLDW vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 32 | 2.92% | 150.37B | Nov 2004 | GLDW vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 83 | 36.47% | 121.66B | Dec 1998 | GLDW vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 57 | 13.75% | 53.61B | Sep 2000 | GLDW vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 41 | 10.34% | 7.30B | Oct 2015 | GLDW vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 63 | 32.17% | 38.95B | Dec 1998 | GLDW vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 32 | 3.00% | 30.87B | Jun 2018 | GLDW vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 70 | 10.98% | 146.68B | Nov 2005 | GLDW vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 19 | 3.11% | 22.40B | Dec 1998 | GLDW vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.49% | 45.99B | May 2007 | GLDW vs BIL |
Often Compared With GLDW
Investors most often compare GLDW with GDXW, KGLD, IAUI. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare GLDW with Any Fund or Stock
Compare GLDW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GLDW with funds that move differently
Roundhill Gold WeeklyPay ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GLDW.
Explore GLDW Diversifiers