GLDW vs. IAUI

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill Gold WeeklyPay ETF (GLDW) and NEOS Gold High Income ETF (IAUI).

GLDW and IAUI 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. IAUI is an actively managed fund by Neos. It was launched on Jun 4, 2025.

Performance

GLDW vs. IAUI - Performance Comparison

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

GLDW vs. IAUI - Yearly Performance Comparison

	2026 (YTD)	2025
GLDW Roundhill Gold WeeklyPay ETF	10.77%	7.63%
IAUI NEOS Gold High Income ETF	6.76%	6.52%

Returns By Period

In the year-to-date period, GLDW achieves a 10.77% return, which is significantly higher than IAUI's 6.76% return.

GLDW

• 1D: 1.98%
• 1M: -13.44%
• YTD: 10.77%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IAUI

• 1D: 1.74%
• 1M: -9.46%
• YTD: 6.76%
• 6M: 17.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLDW vs. IAUI - Expense Ratio Comparison

GLDW has a 0.99% expense ratio, which is higher than IAUI's 0.78% expense ratio.

GLDW

Roundhill Gold WeeklyPay ETF

IAUI

NEOS Gold High Income ETF

Return for Risk

GLDW vs. IAUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold WeeklyPay ETF (GLDW) and NEOS Gold High Income ETF (IAUI). 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	IAUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.30	1.74	-0.45

Correlation

The correlation between GLDW and IAUI is 0.98, 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. IAUI - Dividend Comparison

GLDW's dividend yield for the trailing twelve months is around 11.88%, more than IAUI's 9.83% yield.

	TTM	2025
GLDW Roundhill Gold WeeklyPay ETF	11.88%	3.75%
IAUI NEOS Gold High Income ETF	9.83%	6.88%

Drawdowns

GLDW vs. IAUI - Drawdown Comparison

The maximum GLDW drawdown since its inception was -23.59%, which is greater than IAUI's maximum drawdown of -16.88%. Use the drawdown chart below to compare losses from any high point for GLDW and IAUI.

Drawdown Indicators

	GLDW	IAUI	Difference
Max Drawdown Largest peak-to-trough decline	-23.59%	-16.88%	-6.71%
Current Drawdown Current decline from peak	-15.01%	-9.46%	-5.55%
Average Drawdown Average peak-to-trough decline	-5.21%	-1.89%	-3.32%

Volatility

Volatility by Period

	GLDW	IAUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	41.16%	20.80%	+20.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.16%	20.80%	+20.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.16%	20.80%	+20.36%