GLDW vs. XLK
GLDW (Roundhill Gold WeeklyPay ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both exchange-traded funds - GLDW is a Derivative Income fund actively managed by State Street, while XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. GLDW is actively managed, while XLK is passively managed. At a 0.30 correlation, their price movements are largely independent. GLDW charges 0.99%/yr vs 0.08%/yr for XLK.
Performance
GLDW vs. XLK - Performance Comparison
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Returns By Period
In the year-to-date period, GLDW achieves a -8.13% return, which is significantly lower than XLK's 28.25% return.
GLDW
- 1D
- -1.99%
- 1M
- -10.73%
- YTD
- -8.13%
- 6M
- -12.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLK
- 1D
- -4.14%
- 1M
- 2.23%
- YTD
- 28.25%
- 6M
- 26.51%
- 1Y
- 52.47%
- 3Y*
- 30.61%
- 5Y*
- 21.34%
- 10Y*
- 25.48%
GLDW vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDW Roundhill Gold WeeklyPay ETF | -8.13% | 9.36% |
XLK State Street Technology Select Sector SPDR ETF | 28.25% | -5.18% |
Correlation
The correlation between GLDW and XLK is 0.30, 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 | 0.30 |
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Return for Risk
GLDW vs. XLK — Risk / Return Rank
GLDW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLK
GLDW vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold WeeklyPay ETF (GLDW) and State Street Technology Select Sector SPDR ETF (XLK). 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.
| GLDW | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.31 | — |
| Martin ratioReturn relative to average drawdown | — | 10.56 | — |
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Drawdowns
GLDW vs. XLK - Drawdown Comparison
The maximum GLDW drawdown since its inception was -30.07%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for GLDW and XLK.
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Drawdown Indicators
| GLDW | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.07% | -82.05% | +51.98% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.92% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.56% | — |
Current DrawdownCurrent decline from peak | -29.51% | -6.96% | -22.55% |
Average DrawdownAverage peak-to-trough decline | -10.30% | -34.90% | +24.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.98% | — |
Volatility
GLDW vs. XLK - Volatility Comparison
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Volatility by Period
| GLDW | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.51% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.70% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 37.17% | 23.48% | +13.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.17% | 25.37% | +11.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.17% | 24.71% | +12.46% |
GLDW vs. XLK - Expense Ratio Comparison
GLDW has a 0.99% expense ratio, which is higher than XLK's 0.08% expense ratio.
Dividends
GLDW vs. XLK - Dividend Comparison
GLDW's dividend yield for the trailing twelve months is around 23.10%, more than XLK's 0.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDW Roundhill Gold WeeklyPay ETF | 23.10% | 3.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK State Street Technology Select Sector SPDR ETF | 0.43% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Frequently Asked Questions
GLDW and XLK have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLK is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLK is cheaper with a 0.08% expense ratio, compared with 0.99% for GLDW.
GLDW has the higher dividend yield at 23.10%, compared with 0.43% for XLK.
GLDW is categorized as Derivative Income, while XLK is Technology Equities. Their fees differ too: 0.99% for GLDW and 0.08% for XLK.
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