KGLD vs. XAUT-USD

Last updated Jun 6, 2026

KGLD (Kurv Gold Enhanced Income ETF ) is Derivative Income fund actively managed by Kurv, while XAUT-USD (Tether Gold USD) is a cryptocurrency. A 0.75 correlation means they provide meaningful diversification when combined.

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.

Returns By Period

In the year-to-date period, KGLD achieves a -0.07% return, which is significantly higher than XAUT-USD's -0.64% return.

KGLD

• 1D: -3.79%
• 1M: -8.71%
• YTD: -0.07%
• 6M: 2.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XAUT-USD

• 1D: -2.92%
• 1M: -8.03%
• YTD: -0.64%
• 6M: 2.58%
• 1Y: 27.99%
• 3Y*: 29.96%
• 5Y*: 17.91%
• 10Y*: —

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

KGLD vs. XAUT-USD - Yearly Performance Comparison

	2026 (YTD)	2025
KGLD Kurv Gold Enhanced Income ETF	-0.07%	29.75%
XAUT-USD Tether Gold USD	-0.64%	31.16%

Correlation

The correlation between KGLD and XAUT-USD is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025	0.75

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: 96
XAUT-USD Sharpe Ratio Rank: 97
XAUT-USD Sortino Ratio Rank: 94
XAUT-USD Omega Ratio Rank: 95
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	—	1.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	0.94	+0.20

Drawdowns

KGLD vs. XAUT-USD - Drawdown Comparison

The maximum KGLD drawdown since its inception was -21.79%, roughly equal to the maximum XAUT-USD drawdown of -22.11%. 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	-21.79%	-22.11%	+0.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.11%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.11%	—
Current Drawdown Current decline from peak	-21.79%	-22.11%	+0.32%
Average Drawdown Average peak-to-trough decline	-6.22%	-6.44%	+0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.77%	—

Volatility

Volatility by Period

	KGLD	XAUT-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.90%	22.04%	+6.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.90%	14.92%	+13.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.90%	15.15%	+13.75%

Frequently Asked Questions

Can I hold both KGLD and XAUT-USD in my portfolio?

KGLD and XAUT-USD have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.