GDXW vs. NVII

Last updated Jul 17, 2026

GDXW (Roundhill Gold Miners Weeklypay ETF) and NVII (REX NVIDIA Growth & Income ETF) are both exchange-traded funds - GDXW is a Gold fund actively managed by Roundhill, while NVII is a Derivative Income fund actively managed by REX. Both are actively managed. At a 0.26 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

GDXW vs. NVII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Gold Miners Weeklypay ETF (GDXW) and REX NVIDIA Growth & Income ETF (NVII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDXW achieves a -23.48% return, which is significantly lower than NVII's 13.29% return.

GDXW

• 1D: -4.16%
• 1M: -21.57%
• 6M: -33.84%
• YTD: -23.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVII

• 1D: -1.83%
• 1M: 1.41%
• 6M: 11.95%
• YTD: 13.29%
• 1Y: 29.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDXW vs. NVII - Yearly Performance Comparison

	2026 (YTD)	2025
GDXW Roundhill Gold Miners Weeklypay ETF	-23.48%	25.26%
NVII REX NVIDIA Growth & Income ETF	13.29%	-8.15%

Correlation

The correlation between GDXW and NVII is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	0.26

Return for Risk

GDXW vs. NVII — 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.

NVII

NVII Risk / Return Rank: 30
NVII Sharpe Ratio Rank: 27
NVII Sortino Ratio Rank: 27
NVII Omega Ratio Rank: 27
NVII Calmar Ratio Rank: 37
NVII Martin Ratio Rank: 30

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. NVII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold Miners Weeklypay ETF (GDXW) and REX NVIDIA Growth & Income ETF (NVII). 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	NVII	Difference
Sharpe ratio: Return per unit of total volatility	—	0.81	—
Sortino ratio: Return per unit of downside risk	—	1.28	—
Omega ratio: Gain probability vs. loss probability	—	1.16	—
Calmar ratio: Return relative to maximum drawdown	—	1.59	—
Martin ratio: Return relative to average drawdown	—	3.46	—

Drawdowns

GDXW vs. NVII - Drawdown Comparison

The maximum GDXW drawdown since its inception was -46.10%, which is greater than NVII's maximum drawdown of -18.56%. Use the drawdown chart below to compare losses from any high point for GDXW and NVII.

Drawdown Indicators

	GDXW	NVII	Difference
Max Drawdown Largest peak-to-trough decline	-46.10%	-18.56%	-27.54%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.56%	—
Current Drawdown Current decline from peak	-46.10%	-10.29%	-35.81%
Average Drawdown Average peak-to-trough decline	-17.74%	-6.23%	-11.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.51%	—

Volatility

Volatility by Period

	GDXW	NVII	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	61.94%	36.25%	+25.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.94%	35.52%	+26.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.94%	35.52%	+26.42%

GDXW vs. NVII - Expense Ratio Comparison

Both GDXW and NVII have an expense ratio of 0.99%.

Dividends

GDXW vs. NVII - Dividend Comparison

GDXW's dividend yield for the trailing twelve months is around 59.46%, more than NVII's 55.68% yield.

Position	TTM	2025
GDXW Roundhill Gold Miners Weeklypay ETF	59.46%	7.48%
NVII REX NVIDIA Growth & Income ETF	55.68%	29.17%

Frequently Asked Questions

Can I hold both GDXW and NVII in my portfolio?

GDXW and NVII have a correlation of 0.26, 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 NVII?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDXW or NVII?

GDXW and NVII have the same expense ratio: 0.99% per year.

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

GDXW has the higher dividend yield at 59.46%, compared with 55.68% for NVII.

What is the main difference between GDXW and NVII?

GDXW is categorized as Gold, while NVII is Derivative Income. They also come from different issuers: Roundhill and REX.