GDXW vs. GLDW
GDXW (Roundhill Gold Miners Weeklypay ETF) and GLDW (Roundhill Gold WeeklyPay ETF) are both exchange-traded funds - GDXW is a Gold fund actively managed by Roundhill, while GLDW is a Derivative Income fund actively managed by State Street. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.99% expense ratio.
Performance
GDXW vs. GLDW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GDXW achieves a -8.51% return, which is significantly lower than GLDW's -5.44% return.
GDXW
- 1D
- -2.64%
- 1M
- -2.46%
- YTD
- -8.51%
- 6M
- -7.56%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLDW
- 1D
- -0.65%
- 1M
- -7.60%
- YTD
- -5.44%
- 6M
- -6.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDXW vs. GLDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GDXW Roundhill Gold Miners Weeklypay ETF | -8.51% | 25.26% |
GLDW Roundhill Gold WeeklyPay ETF | -5.44% | 9.36% |
Correlation
The correlation between GDXW and GLDW 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 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GDXW vs. GLDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold Miners Weeklypay ETF (GDXW) and Roundhill Gold WeeklyPay ETF (GLDW). 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.
Loading charts...
Drawdowns
GDXW vs. GLDW - Drawdown Comparison
The maximum GDXW drawdown since its inception was -43.76%, which is greater than GLDW's maximum drawdown of -30.07%. Use the drawdown chart below to compare losses from any high point for GDXW and GLDW.
Loading charts...
Drawdown Indicators
| GDXW | GLDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.76% | -30.07% | -13.69% |
Current DrawdownCurrent decline from peak | -35.55% | -27.45% | -8.10% |
Average DrawdownAverage peak-to-trough decline | -14.99% | -10.07% | -4.92% |
Volatility
GDXW vs. GLDW - Volatility Comparison
Loading charts...
Volatility by Period
| GDXW | GLDW | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 62.98% | 37.30% | +25.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.98% | 37.30% | +25.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.98% | 37.30% | +25.68% |
GDXW vs. GLDW - Expense Ratio Comparison
Both GDXW and GLDW have an expense ratio of 0.99%.
Dividends
GDXW vs. GLDW - Dividend Comparison
GDXW's dividend yield for the trailing twelve months is around 43.68%, more than GLDW's 21.93% yield.
| Position | TTM | 2025 |
|---|---|---|
GDXW Roundhill Gold Miners Weeklypay ETF | 43.68% | 7.48% |
GLDW Roundhill Gold WeeklyPay ETF | 21.93% | 3.75% |
Frequently Asked Questions
GDXW and GLDW 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.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GDXW and GLDW have the same expense ratio: 0.99% per year.
GDXW has the higher dividend yield at 43.68%, compared with 21.93% for GLDW.
GDXW is categorized as Gold, while GLDW is Derivative Income. They also come from different issuers: Roundhill and State Street.
Find the right allocation for GDXW and GLDW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer