SLJY vs. GDXW

Last updated Apr 1, 2026

Compare and contrast key facts about Amplify SILJ Covered Call ETF (SLJY) and Roundhill Gold Miners Weeklypay ETF (GDXW).

SLJY and GDXW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLJY is an actively managed fund by Amplify. It was launched on Aug 18, 2025. GDXW is an actively managed fund by Roundhill. It was launched on Oct 29, 2025.

Performance

SLJY vs. GDXW - Performance Comparison

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

SLJY vs. GDXW - Yearly Performance Comparison

	2026 (YTD)	2025
SLJY Amplify SILJ Covered Call ETF	8.36%	21.58%
GDXW Roundhill Gold Miners Weeklypay ETF	5.38%	21.25%

Returns By Period

In the year-to-date period, SLJY achieves a 8.36% return, which is significantly higher than GDXW's 5.38% return.

SLJY

• 1D: 7.76%
• 1M: -21.18%
• YTD: 8.36%
• 6M: 27.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDXW

• 1D: 8.44%
• 1M: -25.76%
• YTD: 5.38%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLJY vs. GDXW - Expense Ratio Comparison

SLJY has a 0.75% expense ratio, which is lower than GDXW's 0.99% expense ratio.

GDXW

Roundhill Gold Miners Weeklypay ETF

SLJY

Amplify SILJ Covered Call ETF

Return for Risk

SLJY vs. GDXW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify SILJ Covered Call ETF (SLJY) 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

	SLJY	GDXW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.07	1.29	+0.78

Correlation

The correlation between SLJY and GDXW is 0.94, 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

SLJY vs. GDXW - Dividend Comparison

SLJY's dividend yield for the trailing twelve months is around 12.01%, less than GDXW's 23.26% yield.

	TTM	2025
SLJY Amplify SILJ Covered Call ETF	12.01%	6.26%
GDXW Roundhill Gold Miners Weeklypay ETF	23.26%	7.48%

Drawdowns

SLJY vs. GDXW - Drawdown Comparison

The maximum SLJY drawdown since its inception was -30.60%, smaller than the maximum GDXW drawdown of -36.83%. Use the drawdown chart below to compare losses from any high point for SLJY and GDXW.

Drawdown Indicators

	SLJY	GDXW	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-36.83%	+6.23%
Current Drawdown Current decline from peak	-21.18%	-25.76%	+4.58%
Average Drawdown Average peak-to-trough decline	-6.81%	-8.15%	+1.34%

Volatility

Volatility by Period

	SLJY	GDXW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	51.23%	64.01%	-12.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.23%	64.01%	-12.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.23%	64.01%	-12.78%