GLDW vs. GDXW
GLDW (Roundhill Gold WeeklyPay ETF) and GDXW (Roundhill Gold Miners Weeklypay ETF) are both exchange-traded funds - GLDW is a Derivative Income fund actively managed by State Street, while GDXW is a Gold fund actively managed by Roundhill. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.99% expense ratio.
Performance
GLDW vs. GDXW - Performance Comparison
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Returns By Period
In the year-to-date period, GLDW achieves a -8.13% return, which is significantly higher than GDXW's -15.08% return.
GLDW
- 1D
- -1.99%
- 1M
- -10.73%
- YTD
- -8.13%
- 6M
- -12.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDXW
- 1D
- -5.53%
- 1M
- -11.11%
- YTD
- -15.08%
- 6M
- -20.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLDW vs. GDXW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDW Roundhill Gold WeeklyPay ETF | -8.13% | 9.36% |
GDXW Roundhill Gold Miners Weeklypay ETF | -15.08% | 25.26% |
Correlation
The correlation between GLDW and GDXW 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
GLDW vs. GDXW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold WeeklyPay ETF (GLDW) and Roundhill Gold Miners Weeklypay ETF (GDXW). 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.
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Drawdowns
GLDW vs. GDXW - Drawdown Comparison
The maximum GLDW drawdown since its inception was -30.07%, smaller than the maximum GDXW drawdown of -43.76%. Use the drawdown chart below to compare losses from any high point for GLDW and GDXW.
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Drawdown Indicators
| GLDW | GDXW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.07% | -43.76% | +13.69% |
Current DrawdownCurrent decline from peak | -29.51% | -40.18% | +10.67% |
Average DrawdownAverage peak-to-trough decline | -10.30% | -15.28% | +4.98% |
Volatility
GLDW vs. GDXW - Volatility Comparison
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Volatility by Period
| GLDW | GDXW | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 37.17% | 63.03% | -25.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.17% | 63.03% | -25.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.17% | 63.03% | -25.86% |
GLDW vs. GDXW - Expense Ratio Comparison
Both GLDW and GDXW have an expense ratio of 0.99%.
Dividends
GLDW vs. GDXW - Dividend Comparison
GLDW's dividend yield for the trailing twelve months is around 23.10%, less than GDXW's 48.83% yield.
| Position | TTM | 2025 |
|---|---|---|
GDXW Roundhill Gold Miners Weeklypay ETF | 48.83% | 7.48% |
GLDW Roundhill Gold WeeklyPay ETF | 23.10% | 3.75% |
Frequently Asked Questions
GLDW and GDXW 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.
GLDW and GDXW have the same expense ratio: 0.99% per year.
GDXW has the higher dividend yield at 48.83%, compared with 23.10% for GLDW.
GLDW is categorized as Derivative Income, while GDXW is Gold. They also come from different issuers: State Street and Roundhill.
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