KGLD vs. GOOY

Last updated Jul 14, 2026

KGLD (Kurv Gold Enhanced Income ETF ) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, KGLD returned 17.91% vs 74.26% for GOOY. At a 0.22 correlation, their price movements are largely independent. KGLD charges 1.00%/yr vs 0.99%/yr for GOOY.

Performance

KGLD vs. GOOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Gold Enhanced Income ETF (KGLD) and YieldMax GOOGL Option Income Strategy ETF (GOOY). 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 lower than GOOY's 11.84% return.

KGLD

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

GOOY

• 1D: -0.76%
• 1M: -1.83%
• 6M: 6.79%
• YTD: 11.84%
• 1Y: 74.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KGLD vs. GOOY - Yearly Performance Comparison

	2026 (YTD)	2025
KGLD Kurv Gold Enhanced Income ETF	-7.88%	29.75%
GOOY YieldMax GOOGL Option Income Strategy ETF	11.84%	57.87%

Correlation

The correlation between KGLD and GOOY is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jul 8, 2025	0.22

Return for Risk

KGLD vs. GOOY — 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

GOOY

GOOY Risk / Return Rank: 93
GOOY Sharpe Ratio Rank: 95
GOOY Sortino Ratio Rank: 95
GOOY Omega Ratio Rank: 94
GOOY Calmar Ratio Rank: 91
GOOY Martin Ratio Rank: 88

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. GOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Gold Enhanced Income ETF (KGLD) and YieldMax GOOGL Option Income Strategy ETF (GOOY). 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	GOOY	Difference
Sharpe ratio: Return per unit of total volatility	0.62	3.12	-2.50
Sortino ratio: Return per unit of downside risk	0.96	4.27	-3.31
Omega ratio: Gain probability vs. loss probability	1.14	1.54	-0.40
Calmar ratio: Return relative to maximum drawdown	0.64	4.62	-3.98
Martin ratio: Return relative to average drawdown	1.55	14.68	-13.13

KGLD vs. GOOY - Sharpe Ratio Comparison

The current KGLD Sharpe Ratio is 0.62, which is lower than the GOOY Sharpe Ratio of 3.12. The chart below compares the historical Sharpe Ratios of KGLD and GOOY, 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. GOOY - Drawdown Comparison

The maximum KGLD drawdown since its inception was -28.07%, which is greater than GOOY's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for KGLD and GOOY.

Drawdown Indicators

	KGLD	GOOY	Difference
Max Drawdown Largest peak-to-trough decline	-28.07%	-24.40%	-3.67%
Max Drawdown (1Y) Largest decline over 1 year	-28.07%	-16.15%	-11.92%
Current Drawdown Current decline from peak	-27.90%	-10.04%	-17.86%
Average Drawdown Average peak-to-trough decline	-7.99%	-6.34%	-1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.56%	5.07%	+6.49%

Volatility

KGLD vs. GOOY - Volatility Comparison

The current volatility for Kurv Gold Enhanced Income ETF (KGLD) is 7.48%, while YieldMax GOOGL Option Income Strategy ETF (GOOY) has a volatility of 7.90%. This indicates that KGLD experiences smaller price fluctuations and is considered to be less risky than GOOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KGLD	GOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.48%	7.90%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	25.10%	18.29%	+6.81%
Volatility (1Y) Calculated over the trailing 1-year period	28.99%	23.99%	+5.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.78%	23.42%	+5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.78%	23.42%	+5.36%

KGLD vs. GOOY - Expense Ratio Comparison

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

Dividends

KGLD vs. GOOY - Dividend Comparison

KGLD's dividend yield for the trailing twelve months is around 15.67%, less than GOOY's 51.96% yield.

Position	TTM	2025	2024	2023
GOOY YieldMax GOOGL Option Income Strategy ETF	51.96%	41.50%	36.74%	7.90%
KGLD Kurv Gold Enhanced Income ETF	15.67%	4.59%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KGLD and GOOY in my portfolio?

KGLD and GOOY have a correlation of 0.22, 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 GOOY?

GOOY has higher volatility (7.90%) compared to KGLD (7.48%). In terms of maximum drawdown, KGLD dropped -28.07% vs GOOY's -24.40%.

Which ETF is better, KGLD or GOOY?

On 1-year performance, GOOY leads with 74.26% vs 17.91% for KGLD. On fees, GOOY is cheaper at 0.99% per year. On volatility, KGLD has been the lower-risk option at 7.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KGLD or GOOY?

Over the 1-year period, GOOY has performed better with a 74.26% return vs 17.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KGLD or GOOY?

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

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

GOOY has the higher dividend yield at 51.96%, compared with 15.67% for KGLD.

What is the main difference between KGLD and GOOY?

They also come from different issuers: Kurv and YieldMax. Their fees differ too: 1.00% for KGLD and 0.99% for GOOY.

Which has better risk-adjusted returns?

GOOY currently has the higher Sharpe Ratio (3.12 vs 0.62), 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.