KGLD vs. AAPY

Last updated Apr 1, 2026

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

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

Performance

KGLD vs. AAPY - Performance Comparison

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

KGLD vs. AAPY - Yearly Performance Comparison

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

Returns By Period

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

KGLD

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

AAPY

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

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

KGLD vs. AAPY - Expense Ratio Comparison

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

KGLD

Kurv Gold Enhanced Income ETF

AAPY

Kurv Yield Premium Strategy Apple (AAPL) ETF

Return for Risk

KGLD vs. AAPY — 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.

KGLD vs. AAPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Gold Enhanced Income ETF (KGLD) and Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY). 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.

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

Sharpe Ratios by Period

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

Correlation

The correlation between KGLD and AAPY 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

KGLD vs. AAPY - Dividend Comparison

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

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

Drawdowns

KGLD vs. AAPY - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

	KGLD	AAPY	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	30.29%	27.07%	+3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.29%	22.27%	+8.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.29%	22.27%	+8.02%