AUAU vs. GDXW

Last updated Jun 26, 2026

AUAU (Global X Gold Miners ETF) and GDXW (Roundhill Gold Miners Weeklypay ETF) are both Gold funds. AUAU is passively managed, while GDXW is actively managed. With a 0.99 correlation, they move nearly in lockstep. AUAU charges 0.35%/yr vs 0.99%/yr for GDXW.

Performance

AUAU vs. GDXW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Gold Miners ETF (AUAU) and Roundhill Gold Miners Weeklypay ETF (GDXW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUAU achieves a -11.09% return, which is significantly higher than GDXW's -17.70% return.

AUAU

• 1D: 1.41%
• 1M: -14.50%
• YTD: -11.09%
• 6M: -14.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDXW

• 1D: 2.15%
• 1M: -17.49%
• YTD: -17.70%
• 6M: -22.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AUAU vs. GDXW - Yearly Performance Comparison

	2026 (YTD)	2025
AUAU Global X Gold Miners ETF	-11.09%	4.18%
GDXW Roundhill Gold Miners Weeklypay ETF	-17.70%	6.16%

Correlation

The correlation between AUAU and GDXW is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.99

Return for Risk

AUAU vs. GDXW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Gold Miners ETF (AUAU) and Roundhill Gold Miners Weeklypay ETF (GDXW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

AUAU vs. GDXW - Drawdown Comparison

The maximum AUAU drawdown since its inception was -35.86%, smaller than the maximum GDXW drawdown of -43.76%. Use the drawdown chart below to compare losses from any high point for AUAU and GDXW.

Drawdown Indicators

	AUAU	GDXW	Difference
Max Drawdown Largest peak-to-trough decline	-35.86%	-43.76%	+7.90%
Current Drawdown Current decline from peak	-34.32%	-42.02%	+7.70%
Average Drawdown Average peak-to-trough decline	-14.51%	-15.62%	+1.11%

Volatility

Volatility by Period

	AUAU	GDXW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	52.21%	63.03%	-10.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.21%	63.03%	-10.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.21%	63.03%	-10.82%

AUAU vs. GDXW - Expense Ratio Comparison

AUAU has a 0.35% expense ratio, which is lower than GDXW's 0.99% expense ratio.

Dividends

AUAU vs. GDXW - Dividend Comparison

AUAU has not paid dividends to shareholders, while GDXW's dividend yield for the trailing twelve months is around 50.39%.

Position	TTM	2025
AUAU Global X Gold Miners ETF	0.00%	0.00%
GDXW Roundhill Gold Miners Weeklypay ETF	50.39%	7.48%

Frequently Asked Questions

Can I hold both AUAU and GDXW in my portfolio?

With a correlation of 0.99, AUAU and GDXW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AUAU or GDXW?

On fees, AUAU is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AUAU or GDXW?

AUAU is cheaper with a 0.35% expense ratio, compared with 0.99% for GDXW.

Which ETF pays a higher dividend yield, AUAU or GDXW?

GDXW has the higher dividend yield at 50.39%, compared with 0.00% for AUAU.

What is the main difference between AUAU and GDXW?

They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.35% for AUAU and 0.99% for GDXW.