GDXW vs. KGLD

Last updated Jun 24, 2026

GDXW (Roundhill Gold Miners Weeklypay ETF) and KGLD (Kurv Gold Enhanced Income ETF ) are both exchange-traded funds - GDXW is a Gold fund actively managed by Roundhill, while KGLD is a Derivative Income fund actively managed by Kurv. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. GDXW charges 0.99%/yr vs 1.00%/yr for KGLD.

Performance

GDXW vs. KGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Gold Miners Weeklypay ETF (GDXW) and Kurv Gold Enhanced Income ETF (KGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDXW achieves a -15.08% return, which is significantly lower than KGLD's -5.13% return.

GDXW

• 1D: -5.53%
• 1M: -11.11%
• YTD: -15.08%
• 6M: -20.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KGLD

• 1D: -1.68%
• 1M: -9.30%
• YTD: -5.13%
• 6M: -9.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDXW vs. KGLD - Yearly Performance Comparison

	2026 (YTD)	2025
GDXW Roundhill Gold Miners Weeklypay ETF	-15.08%	25.26%
KGLD Kurv Gold Enhanced Income ETF	-5.13%	11.65%

Correlation

The correlation between GDXW and KGLD is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	0.83

Return for Risk

GDXW vs. KGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold Miners Weeklypay ETF (GDXW) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

GDXW vs. KGLD - Drawdown Comparison

The maximum GDXW drawdown since its inception was -43.76%, which is greater than KGLD's maximum drawdown of -26.24%. Use the drawdown chart below to compare losses from any high point for GDXW and KGLD.

Drawdown Indicators

	GDXW	KGLD	Difference
Max Drawdown Largest peak-to-trough decline	-43.76%	-26.24%	-17.52%
Current Drawdown Current decline from peak	-40.18%	-25.75%	-14.43%
Average Drawdown Average peak-to-trough decline	-15.28%	-6.98%	-8.30%

Volatility

Volatility by Period

	GDXW	KGLD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	63.03%	29.01%	+34.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.03%	29.01%	+34.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.03%	29.01%	+34.02%

GDXW vs. KGLD - Expense Ratio Comparison

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

Dividends

GDXW vs. KGLD - Dividend Comparison

GDXW's dividend yield for the trailing twelve months is around 48.83%, more than KGLD's 13.72% yield.

Position	TTM	2025
GDXW Roundhill Gold Miners Weeklypay ETF	48.83%	7.48%
KGLD Kurv Gold Enhanced Income ETF	13.72%	4.59%

Frequently Asked Questions

Can I hold both GDXW and KGLD in my portfolio?

GDXW and KGLD have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDXW or KGLD?

On fees, GDXW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDXW or KGLD?

GDXW is cheaper with a 0.99% expense ratio, compared with 1.00% for KGLD.

Which ETF pays a higher dividend yield, GDXW or KGLD?

GDXW has the higher dividend yield at 48.83%, compared with 13.72% for KGLD.

What is the main difference between GDXW and KGLD?

GDXW is categorized as Gold, while KGLD is Derivative Income. They also come from different issuers: Roundhill and Kurv. Their fees differ too: 0.99% for GDXW and 1.00% for KGLD.