GDXW vs SPY

GDXW vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricGDXWSPYWinner
Expense Ratio0.99%0.09%
AUM$74M$821.1B
Dividend Yield59.45%1.01%
Holdings4505
YTD Return-2.53%+12.68%
1Y Return-+21.82%
3Y Return (annualized)-+21.98%
5Y Return (annualized)-+12.89%
Volatility (annualized)-15.3%
Max Drawdown-54.4%-56.5%
Fund FamilyRoundhill InvestmentsState Street Investment Management
CategoryAlternativeEquity
InceptionOct 30, 2025Jan 22, 1993

GDXW vs SPY Performance

Roundhill Gold Miners WeeklyPay ETF (GDXW) is a ETF from Roundhill Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, GDXW is down 2.53% versus a gain of 12.68% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -54.4% for GDXW and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

GDXW charges 0.99% per year while SPY charges 0.09%. On a $10,000 position that is $99 vs $9 annually, a gap of $90 per year that compounds over a long holding period. On income, GDXW currently yields 59.45% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

GDXW and SPY share 0 holdings out of 505 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, GDXW or SPY?

GDXW has an expense ratio of 0.99% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $90 per year of difference.

What is the holdings overlap between GDXW and SPY?

GDXW and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, GDXW or SPY?

GDXW yields 59.45% while SPY yields 1.01%, so GDXW currently pays the higher dividend yield.

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