IGLD vs. KGLD

Last updated Jun 23, 2026

IGLD (FT Vest Gold Strategy Target Income ETF) and KGLD (Kurv Gold Enhanced Income ETF ) are both exchange-traded funds - IGLD is a Gold fund actively managed by First Trust, while KGLD is a Derivative Income fund actively managed by Kurv. Both are actively managed. Their correlation of 0.95 suggests significant overlap in exposure. IGLD charges 0.85%/yr vs 1.00%/yr for KGLD.

Performance

IGLD vs. KGLD - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with IGLD having a -3.67% return and KGLD slightly higher at -3.52%.

IGLD

• 1D: -0.63%
• 1M: -6.25%
• YTD: -3.67%
• 6M: -5.24%
• 1Y: 17.49%
• 3Y*: 21.13%
• 5Y*: 13.19%
• 10Y*: —

KGLD

• 1D: -0.87%
• 1M: -7.76%
• YTD: -3.52%
• 6M: -6.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IGLD vs. KGLD - Yearly Performance Comparison

	2026 (YTD)	2025
IGLD FT Vest Gold Strategy Target Income ETF	-3.67%	22.31%
KGLD Kurv Gold Enhanced Income ETF	-3.52%	29.75%

Correlation

The correlation between IGLD and KGLD is 0.95, 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 Jul 8, 2025	0.95

Return for Risk

IGLD vs. KGLD — Risk / Return Rank

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

IGLD

IGLD Risk / Return Rank: 20
IGLD Sharpe Ratio Rank: 21
IGLD Sortino Ratio Rank: 20
IGLD Omega Ratio Rank: 23
IGLD Calmar Ratio Rank: 19
IGLD Martin Ratio Rank: 20

KGLD

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.

IGLD vs. KGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Gold Strategy Target Income ETF (IGLD) 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.

	IGLD	KGLD	Difference
Sharpe ratio: Return per unit of total volatility	0.72	—	—
Sortino ratio: Return per unit of downside risk	1.08	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	0.80	—	—
Martin ratio: Return relative to average drawdown	2.32	—	—

Drawdowns

IGLD vs. KGLD - Drawdown Comparison

The maximum IGLD drawdown since its inception was -21.90%, smaller than the maximum KGLD drawdown of -26.24%. Use the drawdown chart below to compare losses from any high point for IGLD and KGLD.

Drawdown Indicators

	IGLD	KGLD	Difference
Max Drawdown Largest peak-to-trough decline	-21.90%	-26.24%	+4.34%
Max Drawdown (1Y) Largest decline over 1 year	-21.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.90%	—	—
Current Drawdown Current decline from peak	-19.63%	-24.49%	+4.86%
Average Drawdown Average peak-to-trough decline	-5.35%	-6.91%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.56%	—	—

Volatility

Volatility by Period

	IGLD	KGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.36%	29.02%	-4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	29.02%	-13.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.28%	29.02%	-13.74%

IGLD vs. KGLD - Expense Ratio Comparison

IGLD has a 0.85% expense ratio, which is lower than KGLD's 1.00% expense ratio.

Dividends

IGLD vs. KGLD - Dividend Comparison

IGLD's dividend yield for the trailing twelve months is around 18.91%, more than KGLD's 13.49% yield.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Vest Gold Strategy Target Income ETF	18.91%	9.91%	20.81%	7.85%	4.45%	2.24%
KGLD Kurv Gold Enhanced Income ETF	13.49%	4.59%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IGLD and KGLD in my portfolio?

With a correlation of 0.95, IGLD 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, IGLD or KGLD?

On fees, IGLD is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IGLD or KGLD?

IGLD is cheaper with a 0.85% expense ratio, compared with 1.00% for KGLD.

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

IGLD has the higher dividend yield at 18.91%, compared with 13.49% for KGLD.

What is the main difference between IGLD and KGLD?

IGLD is categorized as Gold, while KGLD is Derivative Income. They also come from different issuers: First Trust and Kurv. Their fees differ too: 0.85% for IGLD and 1.00% for KGLD.