GDXW vs. GDE
GDXW (Roundhill Gold Miners Weeklypay ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both Gold funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. GDXW charges 0.99%/yr vs 0.20%/yr for GDE.
Performance
GDXW vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, GDXW achieves a -23.48% return, which is significantly lower than GDE's -1.44% return.
GDXW
- 1D
- -4.16%
- 1M
- -21.57%
- 6M
- -33.84%
- YTD
- -23.48%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDE
- 1D
- -2.32%
- 1M
- -7.62%
- 6M
- -8.10%
- YTD
- -1.44%
- 1Y
- 32.91%
- 3Y*
- 39.38%
- 5Y*
- —
- 10Y*
- —
GDXW vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GDXW Roundhill Gold Miners Weeklypay ETF | -23.48% | 25.26% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -1.44% | 7.59% |
Correlation
The correlation between GDXW and GDE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025 | 0.82 |
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Return for Risk
GDXW vs. GDE — Risk / Return Rank
GDXW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GDE
GDXW vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold Miners Weeklypay ETF (GDXW) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). 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 | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.46 | — |
| Martin ratioReturn relative to average drawdown | — | 3.49 | — |
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Drawdowns
GDXW vs. GDE - Drawdown Comparison
The maximum GDXW drawdown since its inception was -46.10%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for GDXW and GDE.
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Drawdown Indicators
| GDXW | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.10% | -32.01% | -14.09% |
Max Drawdown (1Y)Largest decline over 1 year | — | -22.66% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.66% | — |
Current DrawdownCurrent decline from peak | -46.10% | -20.26% | -25.84% |
Average DrawdownAverage peak-to-trough decline | -17.74% | -8.14% | -9.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.45% | — |
Volatility
GDXW vs. GDE - Volatility Comparison
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Volatility by Period
| GDXW | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.91% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 26.34% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 61.94% | 30.80% | +31.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.94% | 27.13% | +34.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.94% | 27.13% | +34.81% |
GDXW vs. GDE - Expense Ratio Comparison
GDXW has a 0.99% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
GDXW vs. GDE - Dividend Comparison
GDXW's dividend yield for the trailing twelve months is around 59.46%, more than GDE's 4.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.38% | 4.32% | 7.14% | 2.22% | 0.81% |
GDXW Roundhill Gold Miners Weeklypay ETF | 59.46% | 7.48% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GDXW and GDE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GDE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GDE is cheaper with a 0.20% expense ratio, compared with 0.99% for GDXW.
GDXW has the higher dividend yield at 59.46%, compared with 4.38% for GDE.
They also come from different issuers: Roundhill and WisdomTree. Their fees differ too: 0.99% for GDXW and 0.20% for GDE.
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