IAUI vs. KSLV

Last updated Jun 25, 2026

IAUI (NEOS Gold High Income ETF) and KSLV (Kurv Silver Enhanced Income ETF) are both exchange-traded funds - IAUI is a Derivative Income fund actively managed by Neos, while KSLV is a Silver fund actively managed by Kurv. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. IAUI charges 0.78%/yr vs 1.00%/yr for KSLV.

Performance

IAUI vs. KSLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Gold High Income ETF (IAUI) and Kurv Silver Enhanced Income ETF (KSLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IAUI achieves a -8.62% return, which is significantly higher than KSLV's -21.56% return.

IAUI

• 1D: -3.16%
• 1M: -10.97%
• YTD: -8.62%
• 6M: -10.82%
• 1Y: 10.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KSLV

• 1D: -7.09%
• 1M: -24.98%
• YTD: -21.56%
• 6M: -22.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IAUI vs. KSLV - Yearly Performance Comparison

	2026 (YTD)	2025
IAUI NEOS Gold High Income ETF	-8.62%	10.63%
KSLV Kurv Silver Enhanced Income ETF	-21.56%	49.94%

Correlation

The correlation between IAUI and KSLV is 0.81, 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 Sep 30, 2025	0.81

Return for Risk

IAUI vs. KSLV — Risk / Return Rank

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

IAUI

IAUI Risk / Return Rank: 16
IAUI Sharpe Ratio Rank: 17
IAUI Sortino Ratio Rank: 16
IAUI Omega Ratio Rank: 18
IAUI Calmar Ratio Rank: 14
IAUI Martin Ratio Rank: 16

KSLV

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

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.

IAUI vs. KSLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Gold High Income ETF (IAUI) and Kurv Silver Enhanced Income ETF (KSLV). 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.

	IAUI	KSLV	Difference
Sharpe ratio: Return per unit of total volatility	0.50	—	—
Sortino ratio: Return per unit of downside risk	0.78	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.48	—	—
Martin ratio: Return relative to average drawdown	1.53	—	—

Drawdowns

IAUI vs. KSLV - Drawdown Comparison

The maximum IAUI drawdown since its inception was -22.50%, smaller than the maximum KSLV drawdown of -53.51%. Use the drawdown chart below to compare losses from any high point for IAUI and KSLV.

Drawdown Indicators

	IAUI	KSLV	Difference
Max Drawdown Largest peak-to-trough decline	-22.50%	-53.51%	+31.01%
Max Drawdown (1Y) Largest decline over 1 year	-22.50%	—	—
Current Drawdown Current decline from peak	-22.50%	-53.51%	+31.01%
Average Drawdown Average peak-to-trough decline	-4.20%	-21.31%	+17.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.01%	—	—

Volatility

Volatility by Period

	IAUI	KSLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.66%	72.17%	-50.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.25%	72.17%	-50.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.25%	72.17%	-50.92%

IAUI vs. KSLV - Expense Ratio Comparison

IAUI has a 0.78% expense ratio, which is lower than KSLV's 1.00% expense ratio.

Dividends

IAUI vs. KSLV - Dividend Comparison

IAUI's dividend yield for the trailing twelve months is around 15.28%, less than KSLV's 24.22% yield.

Position	TTM	2025
IAUI NEOS Gold High Income ETF	15.28%	6.88%
KSLV Kurv Silver Enhanced Income ETF	24.22%	4.42%

Frequently Asked Questions

Can I hold both IAUI and KSLV in my portfolio?

IAUI and KSLV have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IAUI or KSLV?

On fees, IAUI is cheaper at 0.78% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IAUI or KSLV?

IAUI is cheaper with a 0.78% expense ratio, compared with 1.00% for KSLV.

Which ETF pays a higher dividend yield, IAUI or KSLV?

KSLV has the higher dividend yield at 24.22%, compared with 15.28% for IAUI.

What is the main difference between IAUI and KSLV?

IAUI is categorized as Derivative Income, while KSLV is Silver. They also come from different issuers: Neos and Kurv. Their fees differ too: 0.78% for IAUI and 1.00% for KSLV.