Data as of Nov 4, 2026.
GLDN vs GLDW: Dividend Yield & Total Return
GLDN and GLDW both write options for income.
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Net assets: $2.8m on Jul 31, 2026 for Nicholas Gold Income ETF, and $18m on Nov 4, 2026 for Roundhill Gold WeeklyPay ETF.
Not measured
GLDN since launch: paid 8.2%, price −28.1%, total −20.4%, not measured against a benchmark. Data to Nov 4, 2026.
GLDN
−20.4%
Total return, distributions reinvested
Not measured
GLDN since launch: paid 8.2%, price −28.1%, total −20.4%, not measured against a benchmark. Data to Nov 4, 2026.
GLDN
−20.4%
8.2% of it arrived as cash. Total return, distributions reinvested. GLDN since launch: paid 8.2%, price −28.1%, total −20.4%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.4.9 pts behind GLD
GLDW over 1 year: paid 27.2%, price −25.4%, total −2.1%, GLD +2.8%, −4.9 pts. Data to Nov 4, 2026.
GLD
+2.8%
GLDW
−2.1%
4.9 pts behind GLD
Total return, distributions reinvested
4.9 pts behind GLD
GLDW over 1 year: paid 27.2%, price −25.4%, total −2.1%, GLD +2.8%, −4.9 pts. Data to Nov 4, 2026.
GLD
+2.8%
GLDW
−2.1%
4.9 pts behind GLD
27.2% of it arrived as cash. Both charts share one scale, with zero at the line. GLDW over 1 year: paid 27.2%, price −25.4%, total −2.1%, GLD +2.8%, −4.9 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
GLDW costs 0.08 points a year less.
Points (pts) are percentage points.
| Measure | GLDN | GLDW |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | −2.1% |
| Price change | fell 17.8% (6 months) | fell 25.4% (1 year) |
| Against its benchmark | ||
| Benchmark | its own holdings | Gold, measured through GLD |
| Against its benchmark, same days | behind by 3.7 pts | behind by 4.9 pts |
| Cost and size | ||
| Expense ratio | 1.07% | 0.99% |
| Net assets, GLDN as of Jul 31, 2026 and GLDW as of Nov 4, 2026 | $2.8m | $18m |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Feb 27, 2026 to Oct 30, 2026 · 35 weekly returnsFrom Feb 2026 to Oct 2026, GLDN and GLDW returned about the same: −32.8% and −33.1%. GLDW fell slightly less at its worst: −33.1% to −35.6%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | GLDN | GLDW | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | −32.8% | −33.1% | Tie | Price change plus distributions, reinvested. |
| Price return | −39.2% | −44.4% | GLDN | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −35.6% | −33.1% | GLDW (slight) | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 35 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GLDN and GLDW hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | GLDN | GLDW | GLDN | GLDW | GLDN | GLDW |
| 3 months | −0.1% | −6.5% | 4.0% | 6.1% | −1.4 pts | −2.1 pts |
| 6 months | −11.4% | −18.2% | 6.6% | 10.4% | −3.7 pts | −4.6 pts |
| 1 year | – | −2.1% | – | 27.2% | – | −4.9 pts |
| Since launchNot the same days: GLDN Feb 2026 · GLDW Oct 2025 | −20.4% | −4.5% | 8.2% | 26.5% | not measured | −5.2 pts |
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No client brief for this pair: ETFIQ prints no one-year total return for GLDN.
GLDN's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned −7.7% over the same days, so a holder was behind by 3.7 pts.
Over the 6 months to Nov 4, 2026, GLDN paid 6.6% of its starting value in cash distributions while its price fell 17.8%. With every distribution reinvested, the fund returned −11.4%. At its price on Nov 4, 2026 the latest distribution annualizes to 15.0%, paid weekly. Nicholas estimates that 100% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
GLDW
Over the year to Nov 4, 2026, GLDW paid 27.2% of its starting value in cash distributions while its price fell 25.4%. With every distribution reinvested, the fund returned −2.1%. Gold (GLD) returned +2.8% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 15.3%, paid weekly. Roundhill estimates that 100% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, GLDN against GLDW, data as of Nov 4, 2026. https://etfiq.com/compare/income/gldn-vs-gldw
ETFIQ. (Nov 4, 2026). GLDN against GLDW. Retrieved from https://etfiq.com/compare/income/gldn-vs-gldw
[GLDN against GLDW (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/gldn-vs-gldw)
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