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GDXW

GradeBChicago Board Options Exchange

Roundhill Investments - Gold Miners WeeklyPay ETF

Single-stock strategy · Single-Stock Leveraged · Roundhill Investments · Inception 2025-10-30 · SEC filings

This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$41.68−2.03 (−4.65%)

As of Sep 23, 2026, 3:08 PM EDT

History starts Oct 30, 2025.History starts Oct 30, 2025.
Intraday session: down, 54 prints from 43.71 to 41.68. Range 41.09 to 42.04. Use the arrow keys to read each point.$41.20$42.0010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$85M
1Y return
Yield · Last 12 months
Data unavailable
Holdings
4
Volume · 30D
0M sh
NAV per share
$43.58
52W range
low $32.45high $77.19

The ETF.net GDXW Grade

B

56/ 100

Rank 7 of 17 in Leveraged Single-Stock Income

Confidence Medium

Six-pillar profile for GDXW. Scores out of 100: Cost 48, Risk 43, Mission 63, Tradability 75, Holdings not scored, Durability 56. Strongest: Tradability (75). Weakest: Risk (43). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 48
    Category rank10/17 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 63
    Category rank9/14 · mid-pack
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 43
    Category rank11/17 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 75
    Category rank3/17 · top 18%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 56
    Category rank8/17 · top 47%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GDXW

ETF.net Research

BGold miners with the leverage dial turned down: GDXW targets 1.2x GDX's weekly total return, resetting Friday to Friday instead of daily, and pays cash out every week.

Stated mandate

GDXW seeks weekly distributions and weekly returns equal to 1.2 times the calendar-week total return of the VanEck Gold Miners ETF, before fees and expenses.

Why people hold it

  1. 01Leverage resets once a week (Friday close to Friday close), so the compounding math plays out over weeks rather than the daily grind most leveraged funds run on.sec.govroundhillinvestments.com
  2. 02At 0.99% a year, it undercuts the typical leveraged bull fund, and it sits in the upper half of that peer group on our review.roundhillinvestments.com
  3. 03No options selling here. Exposure comes from total return swaps plus common stock, with weekly distributions built into the design.roundhillinvestments.comsec.gov

Worth knowing

  1. 01Weekly payouts are not free income. Roundhill notes distributions may exceed the fund's income and gains, making part of them a return of capital.roundhillinvestments.com
  2. 02The 1.2x multiplier magnifies GDX's down weeks too, and miners swing hard. The fund is non-diversified and leans on swap counterparties.sec.govroundhillinvestments.com
  3. 03Launched in October 2025, so the track record is short. The prospectus says it suits investors who actively monitor their holdings.roundhillinvestments.comsec.gov

GDXW Holdings

As of Sep 20, 2026, 5:42 AM
Asset class
Stocks
Holdings
4
Top-10 weight
215%
Largest holding
92189F106 TRS 120226 NM120.1%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
00192189F106 TRS 120226 NMVANECK GOLD MINERS ETF SWAP NM120.06%1,043,238$100M1
002912797UJ4United States Treasury Bill 10/08/202687.84%73,000,000$73M56
003FGXXXFirst American Government Obligations Fund 12/01/20317.34%6,089,072$6M86

Showing 1–3 of 3 holdings

GDXW Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GDXW$10,997
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. GDXW $10,997. SPY $11,430. Use the arrow keys to read each point.$7,017$10,859$14,701Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GDXW. Periods over one year show the average yearly return.
PeriodGDXW
Year to date+10.0%
1 month−6.3%
3 months+22.5%
1 yearFund is under 1 year old
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GDXW
YearReturn barGDXW
2026 YTD+10.0%
2025+21.2%

Since listing, Oct 30, 2025

GDXW in the news

ETF.net Research hasn’t filed on GDXW yet — coverage lands here as it’s written.

GDXW Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.40 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Weekly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 38 payments in 2026 YTD. Jan 5, 2026 $0.72; Jan 12, 2026 $0.31; Jan 20, 2026 $0.72; Jan 26, 2026 $1.08; Feb 2, 2026 $0.90; Feb 9, 2026 $0.26; Feb 17, 2026 $0.69; Feb 23, 2026 $0.76; Mar 2, 2026 $0.84; Mar 9, 2026 $0.93; Mar 16, 2026 $0.33; Mar 23, 2026 $0.41; Mar 30, 2026 $0.21; Apr 6, 2026 $0.69; Apr 13, 2026 $0.77; Apr 20, 2026 $0.73; Apr 27, 2026 $0.63; May 4, 2026 $0.39; May 11, 2026 $0.30; May 18, 2026 $0.64; May 26, 2026 $0.34; Jun 1, 2026 $0.41; Jun 8, 2026 $0.60; Jun 15, 2026 $0.20; Jun 22, 2026 $0.47; Jun 29, 2026 $0.49; Jul 6, 2026 $0.27; Jul 13, 2026 $0.42; Jul 20, 2026 $0.29; Jul 27, 2026 $0.24; Aug 3, 2026 $0.39; Aug 10, 2026 $0.31; Aug 17, 2026 $0.48; Aug 24, 2026 $0.42; Aug 31, 2026 $0.61; Sep 8, 2026 $0.43; Sep 14, 2026 $0.46; Sep 21, 2026 $0.40. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 22, 2026$0.40
Sep 14, 2026Sep 15, 2026$0.46
Sep 8, 2026Sep 9, 2026$0.43
Aug 31, 2026Sep 1, 2026$0.61
Aug 24, 2026Aug 25, 2026$0.42
Aug 17, 2026Aug 18, 2026$0.48
Aug 10, 2026Aug 11, 2026$0.31
Aug 3, 2026Aug 4, 2026$0.39
Jul 27, 2026Jul 28, 2026$0.24
Jul 20, 2026Jul 21, 2026$0.29
Jul 13, 2026Jul 14, 2026$0.42
Jul 6, 2026Jul 7, 2026$0.27

GDXW Risk

How much the fund’s monthly returns vary, scaled to a year.
Launched Oct 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Oct 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Oct 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.52
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GDXW Cost

Expense ratio0.99%
  • The middle half of Leveraged Single-Stock Income funds
  • Median 0.99%

2 of the 17 Leveraged Single-Stock Income funds charge less.

GDXW costs $99.00 a year on $10,000. The median Leveraged Single-Stock Income fund costs $99.00.