Data as of .
GDXW vs GLDN: which paid, and which earned it?
GDXW and GLDN both write options for income.
What they hold in common
By the books each fund has filed, GDXW and GLDN hold 0% of their money in the same securities at the same weight.
| Only in GDXW | Only in GLDN |
|---|---|
| TREASURY BILL 100.00% | SPDR Gold MiniShares Trust 30.40% |
| SSR Mining Inc 7.03% | |
| Franco-Nevada Corp 5.93% | |
| Newmont Corp 5.81% | |
| Kinross Gold Corp 5.80% | |
| Agnico Eagle Mines Ltd 5.66% | |
| Anglogold Ashanti Plc 5.66% | |
| Barrick Mining Corp 5.42% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GDXW | GLDN | GDXW | GLDN | GDXW | GLDN | |
| 3 months | +17.0% | +11.4% | 12.6% | 3.7% | +1.3 pts | +7.8 pts |
| 6 months | +19.4% | +9.4% | 24.9% | 7.5% | +0.2 pts | +12.3 pts |
| Since launch | +29.6% | −10.6% | 45.4% | 6.7% | −2.3 pts | +1.9 pts |
| GDXW Roundhill Gold Miners WeeklyPay ETF Option income on GDX, paying weekly | GLDN Nicholas Gold Income ETF Option income on GLD, paying weekly | |
|---|---|---|
| Issuer | Roundhill | Nicholas |
| Strategy | option income | option income |
| Benchmark | Gold miners (GDX) | Gold (GLD) |
| Pays | weekly | weekly |
| Payout rate, annualized | 56.2% | 15.4% |
| Expense ratio | 0.99% | 1.07% |
| Cash paid, 1 year | 45.4% (since launch on Oct 30, 2025) | 6.7% (since launch on Feb 18, 2026) |
| Price change, 1 year | −17.3% | −17.5% |
| Total return, 1 year | +29.6% (since launch on Oct 30, 2025) | −10.6% (since launch on Feb 18, 2026) |
| Benchmark return, 1 year | +31.9% | −12.5% |
| Ahead or behind | −2.3 pts | +1.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 323 days | 212 days |
| Net assets | $84m | $3m |
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.
GLDN in plain words
Over the period since launch on Feb 18, 2026 to Sep 18, 2026, GLDN paid 6.7% of its starting value in cash distributions while its price fell 17.5%. With every distribution reinvested, the fund returned −10.6%. Gold (GLD) returned −12.5% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.4%, paid weekly.
Questions people ask
- Which is cheaper, GDXW or GLDN?
- GDXW charges 0.99% a year and GLDN charges 1.07%, 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.
Cite this page. ETFIQ, GDXW against GLDN, data as of Sep 18, 2026. https://etfiq.com/compare/income/gdxw-vs-gldn Free to use with attribution; the underlying files are at Open data.