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Data as of .

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

GDXW and SLVX both write options for income.

Roundhill Gold Miners WeeklyPay ETF and Nicholas Silver Income ETF.

45.4%GDXW cash paid, 1 year
10.6%SLVX cash paid, 1 year
+29.6%GDXW total return, 1 year
−15.5%SLVX 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% cash2.3 pts behind GDX
SLVX1 pt behind SLV · since launch to Sep 18, 2026
SLV−14.5%SLVX−15.5%1 pt behind SLVTotal return, distributions reinvestedSLV−14.5%SLVX−15.5%1 pt behind SLV

What they hold in common

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

Only in each
Only in GDXWOnly in SLVX
TREASURY BILL 100.00%Sprott Physical Silver Trust 17.39%
Pan American Silver Corp 8.13%
Wheaton Precious Metals Corp 8.10%
Silvercorp Metals Inc 8.03%
First Majestic Silver Corp 7.94%
SSR Mining Inc 7.63%
Hycroft Mining Holding Corp 7.40%
Fortuna Mining Corp 6.51%

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

GDXW and SLVX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GDXWSLVXGDXWSLVXGDXWSLVX
3 months+17.0%+4.4%12.6%5.6%+1.3 pts+3.7 pts
6 months+19.4%+3.3%24.9%11.8%+0.2 pts+5.9 pts
Since launch+29.6%−15.5%45.4%10.6%−2.3 pts−1.0 pts
Open the live comparison on ETFIQ
GDXW and SLVX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GDXW
Roundhill Gold Miners WeeklyPay ETF
Option income on GDX, paying weekly
SLVX
Nicholas Silver Income ETF
Option income on SLV, paying weekly
IssuerRoundhillNicholas
Strategyoption incomeoption income
BenchmarkGold miners (GDX)Silver (SLV)
Paysweeklyweekly
Payout rate, annualized56.2%25.2%
Expense ratio0.99%1.16%
Cash paid, 1 year45.4% (since launch on Oct 30, 2025)10.6% (since launch on Feb 18, 2026)
Price change, 1 year−17.3%−25.9%
Total return, 1 year+29.6% (since launch on Oct 30, 2025)−15.5% (since launch on Feb 18, 2026)
Benchmark return, 1 year+31.9%−14.5%
Ahead or behind−2.3 pts−1.0 pts
Return of capital, latest estimatenot publishednot published
Age323 days212 days
Net assets$84m$2m

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.

SLVX in plain words

Over the period since launch on Feb 18, 2026 to Sep 18, 2026, SLVX paid 10.6% of its starting value in cash distributions while its price fell 25.9%. With every distribution reinvested, the fund returned −15.5%. Silver (SLV) returned −14.5% over the same days, so a holder was behind by 1.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.2%, paid weekly.

Questions people ask

Which is cheaper, GDXW or SLVX?
GDXW charges 0.99% a year and SLVX charges 1.16%, 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 SLVX, 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 SLVX, data as of Sep 18, 2026. https://etfiq.com/compare/income/gdxw-vs-slvx Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources