GDXW vs. BESF

Last updated Jun 24, 2026

GDXW (Roundhill Gold Miners Weeklypay ETF) and BESF (Bastion Energy ETF) are both exchange-traded funds - GDXW is a Gold fund actively managed by Roundhill, while BESF is a Energy Equities fund actively managed by Bastion. Both are actively managed. At a correlation of -0.05, they often move in opposite directions. GDXW charges 0.99%/yr vs 0.80%/yr for BESF.

Performance

GDXW vs. BESF - Performance Comparison

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

Returns By Period

In the year-to-date period, GDXW achieves a -15.08% return, which is significantly lower than BESF's 16.12% return.

GDXW

• 1D: -5.53%
• 1M: -11.11%
• YTD: -15.08%
• 6M: -20.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BESF

• 1D: 1.01%
• 1M: -6.28%
• YTD: 16.12%
• 6M: 15.17%
• 1Y: 61.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDXW vs. BESF - Yearly Performance Comparison

	2026 (YTD)	2025
GDXW Roundhill Gold Miners Weeklypay ETF	-15.08%	25.26%
BESF Bastion Energy ETF	16.12%	7.54%

Correlation

The correlation between GDXW and BESF is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	-0.05

Return for Risk

GDXW vs. BESF — Risk / Return Rank

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

GDXW

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

BESF

BESF Risk / Return Rank: 84
BESF Sharpe Ratio Rank: 86
BESF Sortino Ratio Rank: 83
BESF Omega Ratio Rank: 77
BESF Calmar Ratio Rank: 92
BESF Martin Ratio Rank: 83

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.

GDXW vs. BESF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold Miners Weeklypay ETF (GDXW) and Bastion Energy ETF (BESF). 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.

	GDXW	BESF	Difference
Sharpe ratio: Return per unit of total volatility	—	2.52	—
Sortino ratio: Return per unit of downside risk	—	3.34	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	5.64	—
Martin ratio: Return relative to average drawdown	—	15.57	—

Drawdowns

GDXW vs. BESF - Drawdown Comparison

The maximum GDXW drawdown since its inception was -43.76%, which is greater than BESF's maximum drawdown of -10.97%. Use the drawdown chart below to compare losses from any high point for GDXW and BESF.

Drawdown Indicators

	GDXW	BESF	Difference
Max Drawdown Largest peak-to-trough decline	-43.76%	-10.97%	-32.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.97%	—
Current Drawdown Current decline from peak	-40.18%	-8.73%	-31.45%
Average Drawdown Average peak-to-trough decline	-15.28%	-2.74%	-12.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.97%	—

Volatility

Volatility by Period

	GDXW	BESF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	63.03%	24.75%	+38.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.03%	24.39%	+38.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.03%	24.39%	+38.64%

GDXW vs. BESF - Expense Ratio Comparison

GDXW has a 0.99% expense ratio, which is higher than BESF's 0.80% expense ratio.

Dividends

GDXW vs. BESF - Dividend Comparison

GDXW's dividend yield for the trailing twelve months is around 48.83%, more than BESF's 5.86% yield.

Position	TTM	2025
BESF Bastion Energy ETF	5.86%	6.39%
GDXW Roundhill Gold Miners Weeklypay ETF	48.83%	7.48%

Frequently Asked Questions

Can I hold both GDXW and BESF in my portfolio?

GDXW and BESF have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDXW or BESF?

On fees, BESF is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDXW or BESF?

BESF is cheaper with a 0.80% expense ratio, compared with 0.99% for GDXW.

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

GDXW has the higher dividend yield at 48.83%, compared with 5.86% for BESF.

What is the main difference between GDXW and BESF?

GDXW is categorized as Gold, while BESF is Energy Equities. They also come from different issuers: Roundhill and Bastion. Their fees differ too: 0.99% for GDXW and 0.80% for BESF.