AAPY vs. KGLD

Last updated Apr 1, 2026

Compare and contrast key facts about Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and Kurv Gold Enhanced Income ETF (KGLD).

AAPY and KGLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAPY is an actively managed fund by Kurv. It was launched on Oct 26, 2023. KGLD is an actively managed fund by Kurv. It was launched on Jul 7, 2025.

Performance

AAPY vs. KGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and Kurv Gold Enhanced Income ETF (KGLD). The values are adjusted to include any dividend payments, if applicable.

AAPY vs. KGLD - Yearly Performance Comparison

	2026 (YTD)	2025
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	-8.31%	20.90%
KGLD Kurv Gold Enhanced Income ETF	10.03%	29.75%

Returns By Period

In the year-to-date period, AAPY achieves a -8.31% return, which is significantly lower than KGLD's 10.03% return.

AAPY

• 1D: 3.36%
• 1M: -4.71%
• YTD: -8.31%
• 6M: -1.70%
• 1Y: 7.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KGLD

• 1D: 3.96%
• 1M: -11.65%
• YTD: 10.03%
• 6M: 23.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAPY vs. KGLD - Expense Ratio Comparison

AAPY has a 0.99% expense ratio, which is lower than KGLD's 1.00% expense ratio.

KGLD

Kurv Gold Enhanced Income ETF

AAPY

Kurv Yield Premium Strategy Apple (AAPL) ETF

Return for Risk

AAPY vs. KGLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAPY

AAPY Risk / Return Rank: 22
AAPY Sharpe Ratio Rank: 20
AAPY Sortino Ratio Rank: 22
AAPY Omega Ratio Rank: 23
AAPY Calmar Ratio Rank: 23
AAPY Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAPY vs. KGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and Kurv Gold Enhanced Income ETF (KGLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AAPY	KGLD	Difference
Sharpe ratio Return per unit of total volatility	0.28	—	—
Sortino ratio Return per unit of downside risk	0.59	—	—
Omega ratio Gain probability vs. loss probability	1.09	—	—
Calmar ratio Return relative to maximum drawdown	0.47	—	—
Martin ratio Return relative to average drawdown	1.43	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AAPY	KGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	2.08	-1.61

Correlation

The correlation between AAPY and KGLD is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AAPY vs. KGLD - Dividend Comparison

AAPY's dividend yield for the trailing twelve months is around 13.59%, more than KGLD's 7.52% yield.

	TTM	2025	2024	2023
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	13.59%	12.66%	17.15%	2.16%
KGLD Kurv Gold Enhanced Income ETF	7.52%	4.59%	0.00%	0.00%

Drawdowns

AAPY vs. KGLD - Drawdown Comparison

The maximum AAPY drawdown since its inception was -29.22%, which is greater than KGLD's maximum drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for AAPY and KGLD.

Drawdown Indicators

	AAPY	KGLD	Difference
Max Drawdown Largest peak-to-trough decline	-29.22%	-20.29%	-8.93%
Max Drawdown (1Y) Largest decline over 1 year	-19.80%	—	—
Current Drawdown Current decline from peak	-11.59%	-13.89%	+2.30%
Average Drawdown Average peak-to-trough decline	-6.52%	-3.88%	-2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.46%	—	—

Volatility

Volatility by Period

	AAPY	KGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.07%	30.29%	-3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.27%	30.29%	-8.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.27%	30.29%	-8.02%