GLTR vs. GLDW

Last updated Jun 4, 2026

GLTR (Aberdeen Standard Physical Precious Metals Basket Shares ETF) and GLDW (Roundhill Gold WeeklyPay ETF) are both exchange-traded funds - GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index, while GLDW is a Derivative Income fund actively managed by State Street. GLTR is passively managed, while GLDW is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. GLTR charges 0.60%/yr vs 0.99%/yr for GLDW.

Performance

GLTR vs. GLDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Roundhill Gold WeeklyPay ETF (GLDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLTR achieves a 1.47% return, which is significantly higher than GLDW's 1.00% return.

GLTR

• 1D: -1.81%
• 1M: -1.45%
• YTD: 1.47%
• 6M: 10.73%
• 1Y: 53.06%
• 3Y*: 32.36%
• 5Y*: 15.32%
• 10Y*: 13.17%

GLDW

• 1D: -1.20%
• 1M: -2.48%
• YTD: 1.00%
• 6M: 3.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLTR vs. GLDW - Yearly Performance Comparison

	2026 (YTD)	2025
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF	1.47%	18.57%
GLDW Roundhill Gold WeeklyPay ETF	1.00%	7.63%

Correlation

The correlation between GLTR and GLDW is 0.92, 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 31, 2025	0.92

Return for Risk

GLTR vs. GLDW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLTR

GLTR Risk / Return Rank: 36
GLTR Sharpe Ratio Rank: 39
GLTR Sortino Ratio Rank: 31
GLTR Omega Ratio Rank: 44
GLTR Calmar Ratio Rank: 36
GLTR Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLTR vs. GLDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) 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.

	GLTR	GLDW	Difference
Sharpe ratio: Return per unit of total volatility	1.42	—	—
Sortino ratio: Return per unit of downside risk	1.73	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	1.80	—	—
Martin ratio: Return relative to average drawdown	4.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GLTR	GLDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.42	-0.10

Drawdowns

GLTR vs. GLDW - Drawdown Comparison

The maximum GLTR drawdown since its inception was -55.70%, which is greater than GLDW's maximum drawdown of -23.59%. Use the drawdown chart below to compare losses from any high point for GLTR and GLDW.

Drawdown Indicators

	GLTR	GLDW	Difference
Max Drawdown Largest peak-to-trough decline	-55.70%	-23.59%	-32.11%
Max Drawdown (1Y) Largest decline over 1 year	-29.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.70%	—	—
Current Drawdown Current decline from peak	-26.86%	-22.51%	-4.35%
Average Drawdown Average peak-to-trough decline	-28.83%	-8.93%	-19.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.88%	—	—

Volatility

Volatility by Period

	GLTR	GLDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.58%	36.90%	+0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.63%	36.90%	-13.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.50%	36.90%	-16.40%

GLTR vs. GLDW - Expense Ratio Comparison

GLTR has a 0.60% expense ratio, which is lower than GLDW's 0.99% expense ratio.

Dividends

GLTR vs. GLDW - Dividend Comparison

GLTR has not paid dividends to shareholders, while GLDW's dividend yield for the trailing twelve months is around 19.48%.

Position	TTM	2025
GLDW Roundhill Gold WeeklyPay ETF	19.48%	3.75%
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLTR and GLDW in my portfolio?

With a correlation of 0.92, GLTR and GLDW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, GLTR or GLDW?

On fees, GLTR is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLTR or GLDW?

GLTR is cheaper with a 0.60% expense ratio, compared with 0.99% for GLDW.

Which ETF pays a higher dividend yield, GLTR or GLDW?

GLDW has the higher dividend yield at 19.48%, compared with 0.00% for GLTR.

What is the main difference between GLTR and GLDW?

GLTR is categorized as Precious Metals, while GLDW is Derivative Income. They also come from different issuers: Aberdeen and State Street. Their fees differ too: 0.60% for GLTR and 0.99% for GLDW.