GLDW vs. KGLD

Last updated Jul 14, 2026

GLDW (Roundhill Gold WeeklyPay ETF) and KGLD (Kurv Gold Enhanced Income ETF ) are both Derivative Income funds. Both are actively managed. With a 0.99 correlation, they move nearly in lockstep. GLDW charges 0.99%/yr vs 1.00%/yr for KGLD.

Performance

GLDW vs. KGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Gold WeeklyPay ETF (GLDW) 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, GLDW achieves a -11.45% return, which is significantly lower than KGLD's -7.88% return.

GLDW

• 1D: -3.10%
• 1M: -6.19%
• 6M: -17.89%
• YTD: -11.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KGLD

• 1D: -2.53%
• 1M: -5.25%
• 6M: -13.85%
• YTD: -7.88%
• 1Y: 17.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLDW vs. KGLD - Yearly Performance Comparison

	2026 (YTD)	2025
GLDW Roundhill Gold WeeklyPay ETF	-11.45%	9.36%
KGLD Kurv Gold Enhanced Income ETF	-7.88%	11.65%

Correlation

The correlation between GLDW and KGLD is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	0.99

Return for Risk

GLDW vs. KGLD — Risk / Return Rank

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

GLDW

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

KGLD

KGLD Risk / Return Rank: 21
KGLD Sharpe Ratio Rank: 22
KGLD Sortino Ratio Rank: 20
KGLD Omega Ratio Rank: 24
KGLD Calmar Ratio Rank: 19
KGLD Martin Ratio Rank: 18

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.

GLDW vs. KGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold WeeklyPay ETF (GLDW) 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.

	GLDW	KGLD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.62	—
Sortino ratio: Return per unit of downside risk	—	0.96	—
Omega ratio: Gain probability vs. loss probability	—	1.14	—
Calmar ratio: Return relative to maximum drawdown	—	0.64	—
Martin ratio: Return relative to average drawdown	—	1.55	—

Drawdowns

GLDW vs. KGLD - Drawdown Comparison

The maximum GLDW drawdown since its inception was -32.25%, which is greater than KGLD's maximum drawdown of -28.07%. Use the drawdown chart below to compare losses from any high point for GLDW and KGLD.

Drawdown Indicators

	GLDW	KGLD	Difference
Max Drawdown Largest peak-to-trough decline	-32.25%	-28.07%	-4.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.07%	—
Current Drawdown Current decline from peak	-32.06%	-27.90%	-4.16%
Average Drawdown Average peak-to-trough decline	-11.82%	-7.99%	-3.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.56%	—

Volatility

Volatility by Period

	GLDW	KGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.63%	28.99%	+7.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.63%	28.78%	+7.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.63%	28.78%	+7.85%

GLDW vs. KGLD - Expense Ratio Comparison

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

Dividends

GLDW vs. KGLD - Dividend Comparison

GLDW's dividend yield for the trailing twelve months is around 25.93%, more than KGLD's 15.67% yield.

Position	TTM	2025
GLDW Roundhill Gold WeeklyPay ETF	25.93%	3.75%
KGLD Kurv Gold Enhanced Income ETF	15.67%	4.59%

Frequently Asked Questions

Can I hold both GLDW and KGLD in my portfolio?

With a correlation of 0.99, GLDW and KGLD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, GLDW or KGLD?

On fees, GLDW 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, GLDW or KGLD?

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

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

GLDW has the higher dividend yield at 25.93%, compared with 15.67% for KGLD.

What is the main difference between GLDW and KGLD?

They also come from different issuers: State Street and Kurv. Their fees differ too: 0.99% for GLDW and 1.00% for KGLD.