LQID vs. KGLD

Last updated Jul 18, 2026

LQID (Kurv Enhanced Short Maturity ETF) and KGLD (Kurv Gold Enhanced Income ETF ) are both exchange-traded funds - LQID is a Ultrashort Bond fund actively managed by Kurv, while KGLD is a Derivative Income fund actively managed by Kurv. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. LQID charges 0.35%/yr vs 1.00%/yr for KGLD.

Performance

LQID vs. KGLD - Performance Comparison

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

Returns By Period

LQID

• 1D: 0.08%
• 1M: 0.34%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KGLD

• 1D: 0.74%
• 1M: -5.20%
• 6M: -13.53%
• YTD: -7.74%
• 1Y: 18.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LQID vs. KGLD - Yearly Performance Comparison

	2026 (YTD)
LQID Kurv Enhanced Short Maturity ETF	0.64%
KGLD Kurv Gold Enhanced Income ETF	-15.98%

Correlation

The correlation between LQID and KGLD is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 13, 2026	0.42

Return for Risk

LQID vs. KGLD — Risk / Return Rank

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

LQID

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

KGLD

KGLD Risk / Return Rank: 21
KGLD Sharpe Ratio Rank: 22
KGLD Sortino Ratio Rank: 21
KGLD Omega Ratio Rank: 25
KGLD Calmar Ratio Rank: 19
KGLD Martin Ratio Rank: 19

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.

LQID vs. KGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Enhanced Short Maturity ETF (LQID) and Kurv Gold Enhanced Income ETF (KGLD). 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.

	LQID	KGLD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.64	—
Sortino ratio: Return per unit of downside risk	—	0.98	—
Omega ratio: Gain probability vs. loss probability	—	1.14	—
Calmar ratio: Return relative to maximum drawdown	—	0.66	—
Martin ratio: Return relative to average drawdown	—	1.54	—

Drawdowns

LQID vs. KGLD - Drawdown Comparison

The maximum LQID drawdown since its inception was -0.14%, smaller than the maximum KGLD drawdown of -28.32%. Use the drawdown chart below to compare losses from any high point for LQID and KGLD.

Drawdown Indicators

	LQID	KGLD	Difference
Max Drawdown Largest peak-to-trough decline	-0.14%	-28.32%	+28.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.32%	—
Current Drawdown Current decline from peak	0.00%	-27.79%	+27.79%
Average Drawdown Average peak-to-trough decline	-0.02%	-8.29%	+8.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.07%	—

Volatility

Volatility by Period

	LQID	KGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.72%	29.04%	-28.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.72%	28.66%	-27.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.72%	28.66%	-27.94%

LQID vs. KGLD - Expense Ratio Comparison

LQID has a 0.35% expense ratio, which is lower than KGLD's 1.00% expense ratio.

Dividends

LQID vs. KGLD - Dividend Comparison

LQID's dividend yield for the trailing twelve months is around 0.44%, less than KGLD's 15.64% yield.

Position	TTM	2025
KGLD Kurv Gold Enhanced Income ETF	15.64%	4.59%
LQID Kurv Enhanced Short Maturity ETF	0.44%	0.00%

Frequently Asked Questions

Can I hold both LQID and KGLD in my portfolio?

LQID and KGLD have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LQID or KGLD?

On fees, LQID is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LQID or KGLD?

LQID is cheaper with a 0.35% expense ratio, compared with 1.00% for KGLD.

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

KGLD has the higher dividend yield at 15.64%, compared with 0.44% for LQID.

What is the main difference between LQID and KGLD?

LQID is categorized as Ultrashort Bond, while KGLD is Derivative Income. Their fees differ too: 0.35% for LQID and 1.00% for KGLD.