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GLDWRoundhill Gold WeeklyPay ETF

Get incomeNewRanked #1,474 of 1,650 in this goal

Seeks to pay weekly distributions and provide 1.2 times the calendar week total return of the Gold ETF.

By Roundhill Financial · Launched 2025

Annual Cost

0.99%

#5,120 of 5,854 · expensive

Fund Size

$17M

#4,564 of 5,854 · small

Dividend YieldGoal

—

Track Record

10 months

#4,818 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$9,667-3.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 3 holdings = 100.0% of fundconcentrated

TREASURY BILL
91.0%
First American Government Obli
6.3%
N/A
2.7%

Asset allocation

Other
115.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
73.7%High

Year-on-year price swings

Max drawdown
-69.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.41Below average
Sortino (3Y)
-0.43Moderate downside risk

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to pay weekly distributions and provide 1.2 times the calendar week total return of the Gold ETF.
Strategy
Actively managed fund that invests in total return swaps and common stock to achieve approximately 1.2 times the calendar week total return of the Gold ETF while making weekly distributions. Concentrated in instruments providing exposure to gold.
Inception date
October 29, 2025
Fund family
Roundhill Financial

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03