KGLD vs. AMDY

Last updated Aug 2, 2026

KGLD (Kurv Gold Enhanced Income ETF ) and AMDY (YieldMax AMD Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, KGLD returned 18.91% vs 133.24% for AMDY. Their 0.25 correlation means their historical movements had little consistent relationship. KGLD charges 1.00%/yr vs 1.23%/yr for AMDY.

Performance

KGLD vs. AMDY - Performance Comparison

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

Returns By Period

In the year-to-date period, KGLD achieves a -6.67% return, which is significantly lower than AMDY's 87.43% return.

KGLD

• 1D: -1.50%
• 1M: -1.76%
• 6M: -18.16%
• YTD: -6.67%
• 1Y: 18.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.74%

AMDY

• 1D: -1.50%
• 1M: -8.47%
• 6M: 81.07%
• YTD: 87.43%
• 1Y: 133.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 47.02%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMDY YieldMax AMD Option Income Strategy ETF	$22.93M	$23.50M	$23.54M
KGLD Kurv Gold Enhanced Income ETF	$2.66M	$2.33M	$2.61M

KGLD vs. AMDY - Yearly Performance Comparison

	2026 (YTD)	2025
KGLD Kurv Gold Enhanced Income ETF	-6.67%	29.75%
AMDY YieldMax AMD Option Income Strategy ETF	87.43%	47.81%

Correlation

The correlation between KGLD and AMDY is 0.28, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.28
Correlation (All Time) Calculated using the full available price history since Jul 8, 2025	0.25

Return for Risk

KGLD vs. AMDY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KGLD

KGLD Risk / Return Rank: 28
KGLD Sharpe Ratio Rank: 31
KGLD Sortino Ratio Rank: 29
KGLD Omega Ratio Rank: 34
KGLD Calmar Ratio Rank: 25
KGLD Martin Ratio Rank: 23

AMDY

AMDY Risk / Return Rank: 86
AMDY Sharpe Ratio Rank: 88
AMDY Sortino Ratio Rank: 84
AMDY Omega Ratio Rank: 84
AMDY Calmar Ratio Rank: 93
AMDY Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KGLD vs. AMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Gold Enhanced Income ETF (KGLD) and YieldMax AMD Option Income Strategy ETF (AMDY). 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.

	KGLD	AMDY	Difference
Sharpe ratio: Return per unit of total volatility	0.74	2.13	-1.39
Sortino ratio: Return per unit of downside risk	1.09	2.75	-1.66
Omega ratio: Gain probability vs. loss probability	1.16	1.36	-0.20
Calmar ratio: Return relative to maximum drawdown	0.76	4.63	-3.87
Martin ratio: Return relative to average drawdown	1.63	10.02	-8.39

KGLD vs. AMDY - Sharpe Ratio Comparison

The current KGLD Sharpe Ratio is 0.74, which is lower than the AMDY Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of KGLD and AMDY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KGLD vs. AMDY - Drawdown Comparison

The maximum KGLD drawdown since its inception was -28.32%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for KGLD and AMDY.

Drawdown Indicators

	KGLD	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	-28.32%	-53.92%	+25.60%
Max Drawdown (1Y) Largest decline over 1 year	-28.32%	-27.59%	-0.73%
Current Drawdown Current decline from peak	-26.95%	-15.82%	-11.13%
Average Drawdown Average peak-to-trough decline	-8.98%	-17.40%	+8.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.19%	12.72%	+0.47%

Volatility

KGLD vs. AMDY - Volatility Comparison

The current volatility for Kurv Gold Enhanced Income ETF (KGLD) is 6.32%, while YieldMax AMD Option Income Strategy ETF (AMDY) has a volatility of 21.43%. This indicates that KGLD experiences smaller price fluctuations and is considered to be less risky than AMDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KGLD	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.32%	21.43%	-15.11%
Volatility (6M) Calculated over the trailing 6-month period	24.14%	48.49%	-24.35%
Volatility (1Y) Calculated over the trailing 1-year period	29.22%	60.09%	-30.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.40%	48.06%	-19.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.40%	48.06%	-19.66%

KGLD vs. AMDY - Expense Ratio Comparison

KGLD has a 1.00% expense ratio, which is lower than AMDY's 1.23% expense ratio.

Dividends

KGLD vs. AMDY - Dividend Comparison

KGLD's dividend yield for the trailing twelve months is around 15.46%, less than AMDY's 76.77% yield.

Position	TTM	2025	2024	2023
AMDY YieldMax AMD Option Income Strategy ETF	76.77%	80.68%	109.98%	6.68%
KGLD Kurv Gold Enhanced Income ETF	15.46%	4.59%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KGLD and AMDY in my portfolio?

KGLD and AMDY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KGLD or AMDY?

AMDY has higher volatility (21.43%) compared to KGLD (6.32%). In terms of maximum drawdown, KGLD dropped -28.32% vs AMDY's -53.92%.

Which ETF is better, KGLD or AMDY?

On 1-year performance, AMDY leads with 133.24% vs 18.91% for KGLD. On fees, KGLD is cheaper at 1.00% per year. On volatility, KGLD has been the lower-risk option at 6.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KGLD or AMDY?

Over the 1-year period, AMDY has performed better with a 133.24% return vs 18.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KGLD or AMDY?

KGLD is cheaper with a 1.00% expense ratio, compared with 1.23% for AMDY.

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

AMDY has the higher dividend yield at 76.77%, compared with 15.46% for KGLD.

What is the main difference between KGLD and AMDY?

They also come from different issuers: Kurv and YieldMax. Their fees differ too: 1.00% for KGLD and 1.23% for AMDY.

Which has better risk-adjusted returns?

AMDY currently has the higher Sharpe Ratio (2.13 vs 0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.