Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

GDXW vs GDXY: which paid, and which earned it?

GDXW and GDXY both write options for income.

Roundhill Gold Miners WeeklyPay ETF and YieldMax(R) Gold Miners Option Income Strategy ETF.

45.4%GDXW cash paid, 1 year
50.1%GDXY cash paid, 1 year
+29.6%GDXW total return, 1 year
+18.4%GDXY total return, 1 year
GDXW2.3 pts behind GDX · since launch to Sep 18, 2026
GDX+31.9%GDXW+29.6%45.4% of it arrived as cash2.3 pts behind GDXTotal return, distributions reinvestedGDX+31.9%GDXW+29.6%45.4% as cash2.3 pts behind GDX
GDXY21.4 pts behind GDX · 1 year to Sep 18, 2026
GDX+39.8%GDXY+18.4%50.1% of it arrived as cash21.4 pts behind GDXTotal return, distributions reinvestedGDX+39.8%GDXY+18.4%21.4 pts behind GDX

What they hold in common

By the books each fund has filed, GDXW and GDXY hold 0% of their money in the same securities at the same weight.

Only in each
Only in GDXWOnly in GDXY
TREASURY BILL 100.00%United States Treasury Note/Bond 2.375% 05/15/2027 19.70%
United States Treasury Bill 07/08/2027 19.25%
United States Treasury Bill 02/18/2027 18.14%
United States Treasury Bill 12/10/2026 17.75%
United States Treasury Bill 10/15/2026 16.50%
GDX 11/20/2026 90.01 C 10.91%
First American Government Obligations Fund 12/01/2031 2.73%
GDX US 09/25/26 C100 0.27%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.

Performance, window by window

GDXW and GDXY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GDXWGDXYGDXWGDXYGDXWGDXY
3 months+17.0%+13.5%12.6%13.8%+1.3 pts−2.2 pts
6 months+19.4%+13.0%24.9%25.4%+0.2 pts−6.2 pts
1 yearnot published+18.4%not published50.1%not published−21.4 pts
Since launch+29.6%+68.9%45.4%86.5%−2.3 pts−94.5 pts
Open the live comparison on ETFIQ
GDXW and GDXY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GDXW
Roundhill Gold Miners WeeklyPay ETF
Option income on GDX, paying weekly
GDXY
YieldMax(R) Gold Miners Option Income Strategy ETF
Synthetic covered call on GDX, paying weekly
IssuerRoundhillYieldMax
Strategyoption incomesynthetic covered call
BenchmarkGold miners (GDX)Gold miners (GDX)
Paysweeklyweekly
Payout rate, annualized56.2%50.0%
Expense ratio0.99%1.00%
Cash paid, 1 year45.4% (since launch on Oct 30, 2025)50.1%
Price change, 1 year−17.3%−33.1%
Total return, 1 year+29.6% (since launch on Oct 30, 2025)+18.4%
Benchmark return, 1 year+31.9%+39.8%
Ahead or behind−2.3 pts−21.4 pts
Return of capital, latest estimatenot published95%
Age323 days850 days
Net assets$84m$329m

GDXW in plain words

Over the period since launch on Oct 30, 2025 to Sep 18, 2026, GDXW paid 45.4% of its starting value in cash distributions while its price fell 17.3%. With every distribution reinvested, the fund returned +29.6%. Gold miners (GDX) returned +31.9% over the same days, so a holder was behind by 2.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 56.2%, paid weekly.

GDXY in plain words

Over the year to Sep 18, 2026, GDXY paid 50.1% of its starting value in cash distributions while its price fell 33.1%. With every distribution reinvested, the fund returned +18.4%. Gold miners (GDX) returned +39.8% over the same days, so a holder was behind by 21.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 50.0%, paid weekly. YieldMax estimates that 95% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, GDXW or GDXY?
GDXW charges 0.99% a year and GDXY charges 1.00%, so GDXW is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GDXW against GDXY, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GDXW against GDXY, data as of Sep 18, 2026. https://etfiq.com/compare/income/gdxw-vs-gdxy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources