GDXW vs. BPH

Last updated Jun 24, 2026

GDXW (Roundhill Gold Miners Weeklypay ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - GDXW is a Gold fund actively managed by Roundhill, while BPH is a Energy Equities fund actively managed by Precidian. Both are actively managed. At a correlation of -0.10, they often move in opposite directions. GDXW charges 0.99%/yr vs 0.19%/yr for BPH.

Performance

GDXW vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Gold Miners Weeklypay ETF (GDXW) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GDXW

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

BPH

• 1D: -0.55%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDXW vs. BPH - Yearly Performance Comparison

	2026 (YTD)
GDXW Roundhill Gold Miners Weeklypay ETF	-11.11%
BPH BP p.l.c. ADRhedged ETF	-5.53%

Correlation

The correlation between GDXW and BPH is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	-0.10

Return for Risk

GDXW vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold Miners Weeklypay ETF (GDXW) and BP p.l.c. ADRhedged ETF (BPH). 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

GDXW vs. BPH - Drawdown Comparison

The maximum GDXW drawdown since its inception was -43.76%, which is greater than BPH's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for GDXW and BPH.

Drawdown Indicators

	GDXW	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-43.76%	-9.43%	-34.33%
Current Drawdown Current decline from peak	-40.18%	-8.71%	-31.47%
Average Drawdown Average peak-to-trough decline	-15.28%	-3.18%	-12.10%

Volatility

Volatility by Period

	GDXW	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	63.03%	24.10%	+38.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.03%	24.10%	+38.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.03%	24.10%	+38.93%

GDXW vs. BPH - Expense Ratio Comparison

GDXW has a 0.99% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

GDXW vs. BPH - Dividend Comparison

GDXW's dividend yield for the trailing twelve months is around 48.83%, more than BPH's 0.53% yield.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.53%	0.00%
GDXW Roundhill Gold Miners Weeklypay ETF	48.83%	7.48%

Frequently Asked Questions

Can I hold both GDXW and BPH in my portfolio?

GDXW and BPH have a correlation of -0.10, 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 BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDXW or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.99% for GDXW.

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

GDXW has the higher dividend yield at 48.83%, compared with 0.53% for BPH.

What is the main difference between GDXW and BPH?

GDXW is categorized as Gold, while BPH is Energy Equities. They also come from different issuers: Roundhill and Precidian. Their fees differ too: 0.99% for GDXW and 0.19% for BPH.