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GLDW

GradeBChicago Board Options Exchange

Roundhill Investments - Gold WeeklyPay ETF

Leveraged & Inverse · Roundhill Investments · Inception 2025-10-30 · SEC filings

$40.95−1.10 (−2.62%)

As of Sep 23, 2026, 2:12 PM EDT

History starts Oct 30, 2025.History starts Oct 30, 2025.
Intraday session: down, 29 prints from 42.05 to 40.95. Range 40.95 to 41.48. Use the arrow keys to read each point.$41.20$41.4010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$20M
1Y return
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$41.99
52W range
low $39.71high $69.97

The ETF.net GLDW Grade

B

55/ 100

Rank 16 of 99 in Leveraged Long (2x & Other)

Confidence High

Six-pillar profile for GLDW. Scores out of 100: Cost 54, Risk 48, Mission 63, Tradability 66, Holdings not scored, Durability 61. Strongest: Tradability (66). Weakest: Risk (48). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 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 54
    Category rank46/99 · top 46%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 63
    Category rank8/10 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank53/94 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 66
    Category rank22/99 · top 22%
  • 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 61
    Category rank34/99 · top 34%

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

Our read on GLDW

ETF.net Research

BGold, geared, on a payday schedule. GLDW targets 1.2 times the SPDR Gold Trust's weekly total return before fees and distributes weekly, a milder, week-by-week take on leverage in a cohort built around 3x daily resets.

Stated mandate

GLDW seeks weekly distributions and calendar-week returns equal to 1.2 times the weekly total return of the SPDR Gold Trust, before fees and expenses.

Why people hold it

  1. 01Gentle leverage by category standards: 1.2x, measured over a calendar week instead of a single day, so the compounding drag from daily resets doesn't apply the same way.roundhillinvestments.com
  2. 02Weekly payouts on a gold-linked fund, rare packaging in a corner of the market where most products pay nothing at all.roundhillinvestments.com
  3. 030.99% expense ratio, a touch below the typical leveraged bull fund and level with long-running names like QLD (0.98%) and DDM (0.96%).
  4. 04Bullion exposure comes through a 1940 Act fund tracking the largest US gold trust, not a futures roll or a physical vault account you manage yourself.

Worth knowing

  1. 01Payouts can include return of capital, meaning part of a distribution may be your own principal coming back rather than investment income.
  2. 02Leverage runs both directions: down weeks in gold hit 1.2x too, and results over stretches longer than one week can drift from that multiple.
  3. 03A small, lightly traded fund launched in 2025, so there's little history to judge and bid-ask spreads can be wider than in the category's veterans.

GLDW Holdings

As of Sep 20, 2026, 5:42 AM
Asset class
Stocks
Holdings
Top-10 weight
222%
Largest holding
78463V107 TRS 120226 NM120.1%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
00178463V107 TRS 120226 NMSPDR GOLD SHARES SWAP NM120.10%59,286$24M1
002912797UJ4United States Treasury Bill 10/08/202685.70%17,000,000$17M56
003FGXXXFirst American Government Obligations Fund 12/01/203116.30%3,227,134$3M86

Showing 1–3 of 3 holdings

GLDW Performance

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

GLDW$9,735
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. GLDW $9,735. SPY $11,430. Use the arrow keys to read each point.$8,458$10,885$13,313Dec 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 GLDW. Periods over one year show the average yearly return.
PeriodGLDW
Year to date−2.6%
1 month−6.8%
3 months+3.9%
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 GLDW
YearReturn barGLDW
2026 YTD−2.6%
2025+7.6%

Since listing, Oct 30, 2025

GLDW in the news

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

GLDW 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
$0.19 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 $0.35; Jan 12, 2026 $0.10; Jan 20, 2026 $0.32; Jan 26, 2026 $0.56; Feb 2, 2026 $0.41; Feb 9, 2026 $0.28; Feb 17, 2026 $0.39; Feb 23, 2026 $0.41; Mar 2, 2026 $0.46; Mar 9, 2026 $0.47; Mar 16, 2026 $0.35; Mar 23, 2026 $0.31; Mar 30, 2026 $0.09; Apr 6, 2026 $0.42; Apr 13, 2026 $0.44; Apr 20, 2026 $0.36; Apr 27, 2026 $0.35; May 4, 2026 $0.20; May 11, 2026 $0.22; May 18, 2026 $0.32; May 26, 2026 $0.18; Jun 1, 2026 $0.23; Jun 8, 2026 $0.27; Jun 15, 2026 $0.14; Jun 22, 2026 $0.18; Jun 29, 2026 $0.24; Jul 6, 2026 $0.16; Jul 13, 2026 $0.25; Jul 20, 2026 $0.20; Jul 27, 2026 $0.17; Aug 3, 2026 $0.23; Aug 10, 2026 $0.20; Aug 17, 2026 $0.26; Aug 24, 2026 $0.24; Aug 31, 2026 $0.30; Sep 8, 2026 $0.17; Sep 14, 2026 $0.23; Sep 21, 2026 $0.19. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 22, 2026$0.19
Sep 14, 2026Sep 15, 2026$0.23
Sep 8, 2026Sep 9, 2026$0.17
Aug 31, 2026Sep 1, 2026$0.30
Aug 24, 2026Aug 25, 2026$0.24
Aug 17, 2026Aug 18, 2026$0.26
Aug 10, 2026Aug 11, 2026$0.20
Aug 3, 2026Aug 4, 2026$0.23
Jul 27, 2026Jul 28, 2026$0.17
Jul 20, 2026Jul 21, 2026$0.20
Jul 13, 2026Jul 14, 2026$0.25
Jul 6, 2026Jul 7, 2026$0.16

GLDW 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.
0.37
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.

GLDW Cost

Expense ratio0.99%
  • The middle half of Leveraged Long (2x & Other) funds
  • Median 0.99%

44 of the 93 Leveraged Long (2x & Other) funds charge less.

GLDW costs $99.00 a year on $10,000. The median Leveraged Long (2x & Other) fund costs $99.00.