GLDY vs. GLDW

Last updated Apr 1, 2026

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

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

Performance

GLDY vs. GLDW - Performance Comparison

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

GLDY vs. GLDW - Yearly Performance Comparison

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

Returns By Period

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

GLDY

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

GLDW

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

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

GLDY vs. GLDW - Expense Ratio Comparison

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

GLDY

Defiance Gold Enhanced Options Income ETF

GLDW

Roundhill Gold WeeklyPay ETF

Return for Risk

GLDY vs. GLDW - Risk-Adjusted Trends Comparison

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

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

Correlation

The correlation between GLDY and GLDW 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

GLDY vs. GLDW - Dividend Comparison

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

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

Drawdowns

GLDY vs. GLDW - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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