NUGY vs. GDXW

Last updated Jun 7, 2026

NUGY (GraniteShares YieldBOOST Gold Miners ETF) and GDXW (Roundhill Gold Miners Weeklypay ETF) are both exchange-traded funds - NUGY is a Derivative Income fund actively managed by GraniteShares, while GDXW is a Gold fund actively managed by Roundhill. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. NUGY charges 1.07%/yr vs 0.99%/yr for GDXW.

Performance

NUGY vs. GDXW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Gold Miners ETF (NUGY) and Roundhill Gold Miners Weeklypay ETF (GDXW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUGY achieves a -3.86% return, which is significantly higher than GDXW's -13.15% return.

NUGY

• 1D: -3.44%
• 1M: -4.01%
• YTD: -3.86%
• 6M: -2.77%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDXW

• 1D: -10.26%
• 1M: -20.05%
• YTD: -13.15%
• 6M: -6.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NUGY vs. GDXW - Yearly Performance Comparison

	2026 (YTD)	2025
NUGY GraniteShares YieldBOOST Gold Miners ETF	-3.86%	2.38%
GDXW Roundhill Gold Miners Weeklypay ETF	-13.15%	16.77%

Correlation

The correlation between NUGY and GDXW 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 Nov 19, 2025	0.92

Return for Risk

NUGY vs. GDXW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Gold Miners ETF (NUGY) and Roundhill Gold Miners Weeklypay ETF (GDXW). 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

	NUGY	GDXW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.15	-0.25

Drawdowns

NUGY vs. GDXW - Drawdown Comparison

The maximum NUGY drawdown since its inception was -17.39%, smaller than the maximum GDXW drawdown of -38.82%. Use the drawdown chart below to compare losses from any high point for NUGY and GDXW.

Drawdown Indicators

	NUGY	GDXW	Difference
Max Drawdown Largest peak-to-trough decline	-17.39%	-38.82%	+21.43%
Current Drawdown Current decline from peak	-16.56%	-38.82%	+22.26%
Average Drawdown Average peak-to-trough decline	-7.46%	-13.75%	+6.29%

Volatility

Volatility by Period

	NUGY	GDXW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.88%	62.50%	-35.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.88%	62.50%	-35.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.88%	62.50%	-35.62%

NUGY vs. GDXW - Expense Ratio Comparison

NUGY has a 1.07% expense ratio, which is higher than GDXW's 0.99% expense ratio.

Dividends

NUGY vs. GDXW - Dividend Comparison

NUGY's dividend yield for the trailing twelve months is around 74.97%, more than GDXW's 43.14% yield.

Position	TTM	2025
GDXW Roundhill Gold Miners Weeklypay ETF	43.14%	7.48%
NUGY GraniteShares YieldBOOST Gold Miners ETF	74.97%	12.18%

Frequently Asked Questions

Can I hold both NUGY and GDXW in my portfolio?

With a correlation of 0.92, NUGY and GDXW 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, NUGY or GDXW?

On fees, GDXW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NUGY or GDXW?

GDXW is cheaper with a 0.99% expense ratio, compared with 1.07% for NUGY.

Which ETF pays a higher dividend yield, NUGY or GDXW?

NUGY has the higher dividend yield at 74.97%, compared with 43.14% for GDXW.

What is the main difference between NUGY and GDXW?

NUGY is categorized as Derivative Income, while GDXW is Gold. They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.07% for NUGY and 0.99% for GDXW.