KILO.TO vs. KILO-B.TO
KILO.TO (Purpose Gold Bullion Fund) and KILO-B.TO (Purpose Gold Bullion Fund ETF Non-Currency Hedged) are both Gold funds from Purpose Investments. Both are actively managed. Over the past 5 years, KILO.TO returned 16.78%/yr vs 21.29%/yr for KILO-B.TO. A 0.80 correlation means they provide meaningful diversification when combined. Both charge a 0.28% expense ratio.
Performance
KILO.TO vs. KILO-B.TO - Performance Comparison
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Returns By Period
In the year-to-date period, KILO.TO achieves a -5.68% return, which is significantly lower than KILO-B.TO's -1.48% return.
KILO.TO
- 1D
- -1.81%
- 1M
- -9.01%
- YTD
- -5.68%
- 6M
- -9.56%
- 1Y
- 18.91%
- 3Y*
- 26.73%
- 5Y*
- 16.78%
- 10Y*
- —
KILO-B.TO
- 1D
- -1.44%
- 1M
- -5.97%
- YTD
- -1.48%
- 6M
- -5.03%
- 1Y
- 25.66%
- 3Y*
- 32.04%
- 5Y*
- 21.29%
- 10Y*
- —
KILO.TO vs. KILO-B.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KILO.TO Purpose Gold Bullion Fund | -5.68% | 60.17% | 25.97% | 12.15% | -0.90% | -4.72% | -3.08% |
KILO-B.TO Purpose Gold Bullion Fund ETF Non-Currency Hedged | -1.48% | 56.51% | 37.76% | 10.43% | 6.38% | -4.67% | -5.45% |
Correlation
The correlation between KILO.TO and KILO-B.TO is 0.96 - 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 (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2020 | 0.80 |
The correlation between KILO.TO and KILO-B.TO shifts across timeframes, from 0.80 (all time) to 0.96 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
KILO.TO vs. KILO-B.TO — Risk / Return Rank
KILO.TO
KILO-B.TO
KILO.TO vs. KILO-B.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Gold Bullion Fund (KILO.TO) and Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO). 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.
| KILO.TO | KILO-B.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.21 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 1.17 | -0.40 |
| Martin ratioReturn relative to average drawdown | 2.01 | 3.11 | -1.10 |
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Drawdowns
KILO.TO vs. KILO-B.TO - Drawdown Comparison
The maximum KILO.TO drawdown since its inception was -24.90%, which is greater than KILO-B.TO's maximum drawdown of -22.10%. Use the drawdown chart below to compare losses from any high point for KILO.TO and KILO-B.TO.
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Drawdown Indicators
| KILO.TO | KILO-B.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.90% | -22.10% | -2.80% |
Max Drawdown (1Y)Largest decline over 1 year | -24.90% | -22.10% | -2.80% |
Max Drawdown (3Y)Largest decline over 3 years | -24.90% | -22.10% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -24.90% | -22.10% | -2.80% |
Current DrawdownCurrent decline from peak | -24.51% | -20.03% | -4.48% |
Average DrawdownAverage peak-to-trough decline | -6.79% | -7.43% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.44% | 8.28% | +1.16% |
Volatility
KILO.TO vs. KILO-B.TO - Volatility Comparison
Purpose Gold Bullion Fund (KILO.TO) and Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO) have volatilities of 7.88% and 7.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KILO.TO | KILO-B.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.88% | 7.66% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 23.72% | 22.60% | +1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.23% | 25.95% | +1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.13% | 17.09% | +1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.86% | 17.10% | +0.76% |
KILO.TO vs. KILO-B.TO - Expense Ratio Comparison
Both KILO.TO and KILO-B.TO have an expense ratio of 0.28%.
Dividends
KILO.TO vs. KILO-B.TO - Dividend Comparison
Neither KILO.TO nor KILO-B.TO has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
KILO-B.TO Purpose Gold Bullion Fund ETF Non-Currency Hedged | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.69% |
KILO.TO Purpose Gold Bullion Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.41% |
Frequently Asked Questions
With a correlation of 0.96, KILO.TO and KILO-B.TO 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.
Both ETFs have the same 0.28% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
KILO.TO and KILO-B.TO have the same expense ratio: 0.28% per year.
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