WPAY vs. GLDW

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill WeeklyPay™ Universe ETF (WPAY) and Roundhill Gold WeeklyPay ETF (GLDW).

WPAY and GLDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WPAY is a passively managed fund by Roundhill that tracks the performance of the Solactive Roundhill WeeklyPay™ Universe Index. It was launched on Sep 3, 2025. GLDW is an actively managed fund by State Street. It was launched on Oct 30, 2025.

Performance

WPAY vs. GLDW - Performance Comparison

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

WPAY vs. GLDW - Yearly Performance Comparison

	2026 (YTD)	2025
WPAY Roundhill WeeklyPay™ Universe ETF	-10.65%	-13.33%
GLDW Roundhill Gold WeeklyPay ETF	8.62%	7.63%

Returns By Period

In the year-to-date period, WPAY achieves a -10.65% return, which is significantly lower than GLDW's 8.62% return.

WPAY

• 1D: -1.58%
• 1M: -3.05%
• YTD: -10.65%
• 6M: -19.33%
• 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)

WPAY vs. GLDW - Expense Ratio Comparison

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

WPAY

Roundhill WeeklyPay™ Universe ETF

GLDW

Roundhill Gold WeeklyPay ETF

Return for Risk

WPAY vs. GLDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill WeeklyPay™ Universe ETF (WPAY) 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

	WPAY	GLDW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	1.13	-1.92

Correlation

The correlation between WPAY and GLDW is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WPAY vs. GLDW - Dividend Comparison

WPAY's dividend yield for the trailing twelve months is around 36.55%, more than GLDW's 12.11% yield.

	TTM	2025
WPAY Roundhill WeeklyPay™ Universe ETF	36.55%	21.51%
GLDW Roundhill Gold WeeklyPay ETF	12.11%	3.75%

Drawdowns

WPAY vs. GLDW - Drawdown Comparison

The maximum WPAY drawdown since its inception was -26.17%, which is greater than GLDW's maximum drawdown of -23.59%. Use the drawdown chart below to compare losses from any high point for WPAY and GLDW.

Drawdown Indicators

	WPAY	GLDW	Difference
Max Drawdown Largest peak-to-trough decline	-26.17%	-23.59%	-2.58%
Current Drawdown Current decline from peak	-25.35%	-16.66%	-8.69%
Average Drawdown Average peak-to-trough decline	-11.92%	-5.11%	-6.81%

Volatility

Volatility by Period

	WPAY	GLDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	28.83%	41.26%	-12.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.83%	41.26%	-12.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.83%	41.26%	-12.43%