GDXU vs. BRKW

Last updated Apr 2, 2026

Compare and contrast key facts about MicroSectors Gold Miners 3X Leveraged ETN (GDXU) and Roundhill BRKB WeeklyPay ETF (BRKW).

GDXU and BRKW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDXU is a passively managed fund by BMO that tracks the performance of the S-Network MicroSectors Gold Miners Index. It was launched on Dec 2, 2020. BRKW is an actively managed fund by Roundhill. It was launched on Jun 17, 2025.

Performance

GDXU vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Gold Miners 3X Leveraged ETN (GDXU) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

GDXU vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
GDXU MicroSectors Gold Miners 3X Leveraged ETN	-6.09%	210.67%
BRKW Roundhill BRKB WeeklyPay ETF	-6.49%	2.09%

Returns By Period

In the year-to-date period, GDXU achieves a -6.09% return, which is significantly higher than BRKW's -6.49% return.

GDXU

• 1D: 13.62%
• 1M: -51.51%
• YTD: -6.09%
• 6M: 8.92%
• 1Y: 287.76%
• 3Y*: 63.33%
• 5Y*: 6.19%
• 10Y*: —

BRKW

• 1D: -0.03%
• 1M: -0.58%
• YTD: -6.49%
• 6M: -6.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDXU vs. BRKW - Expense Ratio Comparison

GDXU has a 0.95% expense ratio, which is lower than BRKW's 0.99% expense ratio.

BRKW

Roundhill BRKB WeeklyPay ETF

GDXU

MicroSectors Gold Miners 3X Leveraged ETN

Return for Risk

GDXU vs. BRKW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDXU

GDXU Risk / Return Rank: 89
GDXU Sharpe Ratio Rank: 91
GDXU Sortino Ratio Rank: 86
GDXU Omega Ratio Rank: 85
GDXU Calmar Ratio Rank: 94
GDXU Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDXU vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold Miners 3X Leveraged ETN (GDXU) and Roundhill BRKB WeeklyPay ETF (BRKW). 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.

	GDXU	BRKW	Difference
Sharpe ratio Return per unit of total volatility	2.07	—	—
Sortino ratio Return per unit of downside risk	2.39	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	3.87	—	—
Martin ratio Return relative to average drawdown	10.85	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GDXU	BRKW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	-0.32	+0.31

Correlation

The correlation between GDXU and BRKW is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

GDXU vs. BRKW - Dividend Comparison

GDXU has not paid dividends to shareholders, while BRKW's dividend yield for the trailing twelve months is around 20.90%.

	TTM	2025
GDXU MicroSectors Gold Miners 3X Leveraged ETN	0.00%	0.00%
BRKW Roundhill BRKB WeeklyPay ETF	20.90%	14.45%

Drawdowns

GDXU vs. BRKW - Drawdown Comparison

The maximum GDXU drawdown since its inception was -94.39%, which is greater than BRKW's maximum drawdown of -11.86%. Use the drawdown chart below to compare losses from any high point for GDXU and BRKW.

Drawdown Indicators

	GDXU	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-94.39%	-11.86%	-82.53%
Max Drawdown (1Y) Largest decline over 1 year	-73.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-93.34%	—	—
Current Drawdown Current decline from peak	-56.42%	-9.47%	-46.95%
Average Drawdown Average peak-to-trough decline	-69.97%	-4.29%	-65.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.08%	—	—

Volatility

Volatility by Period

	GDXU	BRKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	53.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	122.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	140.32%	17.90%	+122.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.02%	17.90%	+91.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.02%	17.90%	+91.12%