GDXW vs TDAX

GDXWCRoundhill Gold Miners WeeklyPay ETF

TDAXCTDAQ Lift ETF

In short

GDXW Gold 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.

TDAX Leverage with the volume turned down. TDAX aims for 130% of the daily move of TappAlpha's Nasdaq-100 daily-call income ETF, and it pays monthly. Fee is 0.97% net of a waiver through April 30, 2028, against 1.59% gross.

Stated mandate

GDXW 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.

TDAX The fund seeks daily leveraged investment results by magnifying 130% of the daily performance of the TappAlpha Innovation 100 Growth & Daily Income ETF.

Why people hold it

• GDXW Leverage 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
• At 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
• No options selling here. Exposure comes from total return swaps plus common stock, with weekly distributions built into the design.roundhillinvestments.comsec.gov

• TDAX The multiple is 130%, not 200% or 300%. Same daily-reset machinery as the 2x and 3x crowd, dialed to a gentler setting.sec.gov
• It levers a basket, not a single name: TDAQ holds Nasdaq-100 exposure and writes same-day calls, so one earnings miss doesn't own the whole trade.tappalphafunds.com
• At 0.97% net of a waiver through April 30, 2028, it sits under single-stock income peers AAPW and MSFW at 1.00% and TSYX at 0.98%, and near the category's typical fee.
• Distributions arrive monthly, carried up from the income engine underneath.tappalphafunds.com

Worth knowing

• GDXW Weekly 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
• The 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
• Launched in October 2025, so the track record is short. The prospectus says it suits investors who actively monitor their holdings.roundhillinvestments.comsec.gov

• TDAX Exposure resets each close. Over longer stretches your result is compounded daily moves, which the prospectus says will very likely differ from 130% of TDAQ's return.sec.gov
• TDAQ sells calls expiring the same day, which trims how much of a big up-move passes through. TDAX magnifies what's left, not the index's full move.tappalphafunds.com
• The 0.97% is net of a waiver running to April 30, 2028; the stated gross figure is 1.59%. Launched January 2026, so the live record is short.

Full GDXW profile⁠

Full TDAX profile⁠