KGLD vs. XAUT-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Kurv Gold Enhanced Income ETF (KGLD) and Tether Gold USD (XAUT-USD).

KGLD is an actively managed fund by Kurv. It was launched on Jul 7, 2025.

Performance

KGLD vs. XAUT-USD - Performance Comparison

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

KGLD vs. XAUT-USD - Yearly Performance Comparison

	2026 (YTD)	2025
KGLD Kurv Gold Enhanced Income ETF	11.28%	29.75%
XAUT-USD Tether Gold USD	7.53%	31.16%

Returns By Period

In the year-to-date period, KGLD achieves a 11.28% return, which is significantly higher than XAUT-USD's 7.53% return.

KGLD

• 1D: 1.14%
• 1M: -11.79%
• YTD: 11.28%
• 6M: 24.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XAUT-USD

• 1D: -0.19%
• 1M: -12.31%
• YTD: 7.53%
• 6M: 20.56%
• 1Y: 49.22%
• 3Y*: 33.52%
• 5Y*: 21.85%
• 10Y*: —

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

Return for Risk

KGLD vs. XAUT-USD — Risk / Return Rank

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

XAUT-USD

XAUT-USD Risk / Return Rank: 97
XAUT-USD Sharpe Ratio Rank: 97
XAUT-USD Sortino Ratio Rank: 95
XAUT-USD Omega Ratio Rank: 96
XAUT-USD Calmar Ratio Rank: 97
XAUT-USD Martin Ratio Rank: 97

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. XAUT-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Gold Enhanced Income ETF (KGLD) and Tether Gold USD (XAUT-USD). 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	XAUT-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.81	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.15	1.06	+1.10

Correlation

The correlation between KGLD and XAUT-USD is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

KGLD vs. XAUT-USD - Drawdown Comparison

The maximum KGLD drawdown since its inception was -20.29%, roughly equal to the maximum XAUT-USD drawdown of -20.51%. Use the drawdown chart below to compare losses from any high point for KGLD and XAUT-USD.

Drawdown Indicators

	KGLD	XAUT-USD	Difference
Max Drawdown Largest peak-to-trough decline	-20.29%	-20.51%	+0.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-20.33%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.51%	—
Current Drawdown Current decline from peak	-12.91%	-15.70%	+2.79%
Average Drawdown Average peak-to-trough decline	-3.92%	-6.15%	+2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.78%	—

Volatility

Volatility by Period

	KGLD	XAUT-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.23%	22.58%	+7.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.23%	14.63%	+15.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.23%	15.03%	+15.20%