KGLD vs. GLDW

Last updated Jul 14, 2026

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

Performance

KGLD vs. GLDW - Performance Comparison

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

Returns By Period

In the year-to-date period, KGLD achieves a -7.88% return, which is significantly higher than GLDW's -11.45% return.

KGLD

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

GLDW

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

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

KGLD vs. GLDW - Yearly Performance Comparison

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

Correlation

The correlation between KGLD and GLDW 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

KGLD vs. GLDW — Risk / Return Rank

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

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

GLDW

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.

KGLD vs. GLDW - Risk-Adjusted Trends Comparison

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

KGLD vs. GLDW - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

	KGLD	GLDW	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	28.99%	36.63%	-7.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.78%	36.63%	-7.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.78%	36.63%	-7.85%

KGLD vs. GLDW - Expense Ratio Comparison

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

Dividends

KGLD vs. GLDW - Dividend Comparison

KGLD's dividend yield for the trailing twelve months is around 15.67%, less than GLDW's 25.93% 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 KGLD and GLDW in my portfolio?

With a correlation of 0.99, KGLD and GLDW 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, KGLD or GLDW?

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, KGLD or GLDW?

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

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

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

What is the main difference between KGLD and GLDW?

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