GDXW vs SSPC

Comparison between ROUNDHILL GOLD MINERS WEEKLYPAY ETF (GDXW, ETF) and Leverage Shares 2X Short SPCX Daily ETF (SSPC, ETF).

GDXW vs SSPC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDXW(ETF)	SSPC(ETF)
Net Assets	$64M	$64M
Max Drawdown	56.95%	21.52%
Sharpe Ratio	0.21	5.66
5Y Beta	2.51	-3.68

Net Assets

GDXW

$64M

SSPC

$64M

Max Drawdown

GDXW

56.95%

Winner

SSPC

21.52%

Sharpe Ratio

GDXW

0.21

Winner

SSPC

5.66

5Y Beta

GDXW

2.51

Winner

SSPC

-3.68

GDXW vs SSPC - Holdings Comparison

GDXW and SSPC have 0 common holdings. Overlap is 0.00%

GDXW's top 25 holdings weight is 10.08%. SSPC's top 25 holdings weight is 12.37%.

Rank	GDXW	SSPC
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 10.08%	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 12.37%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

GDXW vs SSPC - Historical Returns

Returns include dividend reinvestment.

Period	GDXW	SSPC
1 month	-4.60%	+57.34%
3 months	-23.31%	N/A
6 months	-37.56%	N/A
Max(CAGR)	-2.66%	+161160.98%

GDXW

-4.60%

Winner

SSPC

+57.34%

GDXW

-23.31%

SSPC

N/A

GDXW

-37.56%

SSPC

N/A

Max(CAGR)

GDXW

-2.66%

Winner

SSPC

+161160.98%

GDXW vs SSPC - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	GDXW	SSPC
2026	-18.87%	+115.63%
2025	+21.22%	N/A

GDXW vs SSPC Drawdown Comparison

The maximum drawdown for GDXW was -46.74%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for SSPC was -21.52%, occurring on Jun 30, 2026. Recovery took 7 trading sessions.

The current GDXW drawdown is -42.92%. The current SSPC drawdown is -5.05%.

Rank	GDXW	SSPC
#1	-46.74% Feb 27, 2026 - Jul 20, 2026	-21.52% Jun 26, 2026 - Jul 8, 2026
#2	-20.65% Jan 28, 2026 - Feb 26, 2026	-10.38% Jun 15, 2026 - Jun 18, 2026
#3	-9.29% Nov 12, 2025 - Nov 26, 2025	-5.71% Jul 20, 2026 - Jul 22, 2026
#4	-7.78% Oct 30, 2025 - Nov 10, 2025	-5.05% Jul 22, 2026 - Jul 23, 2026
#5	-7.39% Dec 26, 2025 - Jan 6, 2026	-4.42% Jul 8, 2026 - Jul 10, 2026
#6	-6.14% Nov 28, 2025 - Dec 11, 2025	-2.11% Jun 22, 2026 - Jun 24, 2026
#7	-2.05% Dec 11, 2025 - Dec 19, 2025	N/A
#8	-1.83% Jan 20, 2026 - Jan 22, 2026	N/A
#9	-1.33% Jan 6, 2026 - Jan 9, 2026	N/A
#10	-0.77% Dec 23, 2025 - Dec 26, 2025	N/A

Correlation

Correlation between GDXW and SSPC is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101