GLDW was created on 2025-10-30 by Roundhill. The fund's investment portfolio concentrates primarily on gold commodities. GLDW is an actively managed fund seeking to provide weekly distributions and 1.2x leveraged exposure to the weekly price return of SPDR Gold Trust (NRSE Arca: GLD). GLD tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults.