GLDW vs. GLDY

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill Gold WeeklyPay ETF (GLDW) and Defiance Gold Enhanced Options Income ETF (GLDY).

GLDW and GLDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLDW is an actively managed fund by State Street. It was launched on Oct 30, 2025. GLDY is an actively managed fund by Defiance. It was launched on Apr 1, 2025.

Performance

GLDW vs. GLDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Gold WeeklyPay ETF (GLDW) and Defiance Gold Enhanced Options Income ETF (GLDY). The values are adjusted to include any dividend payments, if applicable.

GLDW vs. GLDY - Yearly Performance Comparison

	2026 (YTD)	2025
GLDW Roundhill Gold WeeklyPay ETF	8.62%	7.63%
GLDY Defiance Gold Enhanced Options Income ETF	1.71%	5.76%

Returns By Period

In the year-to-date period, GLDW achieves a 8.62% return, which is significantly higher than GLDY's 1.71% return.

GLDW

• 1D: 4.69%
• 1M: -13.64%
• YTD: 8.62%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLDY

• 1D: 1.38%
• 1M: -7.41%
• YTD: 1.71%
• 6M: 7.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLDW vs. GLDY - Expense Ratio Comparison

Both GLDW and GLDY have an expense ratio of 0.99%.

GLDW

Roundhill Gold WeeklyPay ETF

GLDY

Defiance Gold Enhanced Options Income ETF

Return for Risk

GLDW vs. GLDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold WeeklyPay ETF (GLDW) and Defiance Gold Enhanced Options Income ETF (GLDY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GLDW	GLDY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	0.88	+0.25

Correlation

The correlation between GLDW and GLDY is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GLDW vs. GLDY - Dividend Comparison

GLDW's dividend yield for the trailing twelve months is around 12.11%, less than GLDY's 48.03% yield.

	TTM	2025
GLDW Roundhill Gold WeeklyPay ETF	12.11%	3.75%
GLDY Defiance Gold Enhanced Options Income ETF	48.03%	37.38%

Drawdowns

GLDW vs. GLDY - Drawdown Comparison

The maximum GLDW drawdown since its inception was -23.59%, which is greater than GLDY's maximum drawdown of -13.43%. Use the drawdown chart below to compare losses from any high point for GLDW and GLDY.

Drawdown Indicators

	GLDW	GLDY	Difference
Max Drawdown Largest peak-to-trough decline	-23.59%	-13.43%	-10.16%
Current Drawdown Current decline from peak	-16.66%	-9.56%	-7.10%
Average Drawdown Average peak-to-trough decline	-5.11%	-2.82%	-2.29%

Volatility

Volatility by Period

	GLDW	GLDY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	41.26%	19.99%	+21.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.26%	19.99%	+21.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.26%	19.99%	+21.27%