LQID vs. KYLD

Last updated Jul 18, 2026

LQID (Kurv Enhanced Short Maturity ETF) and KYLD (Kurv High Income ETF) are both exchange-traded funds - LQID is a Ultrashort Bond fund actively managed by Kurv, while KYLD is a Derivative Income fund actively managed by Kurv. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. LQID charges 0.35%/yr vs 1.00%/yr for KYLD.

Performance

LQID vs. KYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Enhanced Short Maturity ETF (LQID) and Kurv High Income ETF (KYLD). 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*: —

KYLD

• 1D: -1.42%
• 1M: -8.66%
• 6M: 4.52%
• YTD: 11.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LQID vs. KYLD - Yearly Performance Comparison

	2026 (YTD)
LQID Kurv Enhanced Short Maturity ETF	0.64%
KYLD Kurv High Income ETF	-1.96%

Correlation

The correlation between LQID and KYLD is 0.34, 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	0.34

Return for Risk

LQID vs. KYLD - Risk-Adjusted Trends Comparison

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

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

Drawdowns

LQID vs. KYLD - Drawdown Comparison

The maximum LQID drawdown since its inception was -0.14%, smaller than the maximum KYLD drawdown of -21.14%. Use the drawdown chart below to compare losses from any high point for LQID and KYLD.

Drawdown Indicators

	LQID	KYLD	Difference
Max Drawdown Largest peak-to-trough decline	-0.14%	-21.14%	+21.00%
Current Drawdown Current decline from peak	0.00%	-9.55%	+9.55%
Average Drawdown Average peak-to-trough decline	-0.02%	-7.97%	+7.95%

Volatility

Volatility by Period

	LQID	KYLD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.72%	32.68%	-31.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.72%	32.68%	-31.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.72%	32.68%	-31.96%

LQID vs. KYLD - Expense Ratio Comparison

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

Dividends

LQID vs. KYLD - Dividend Comparison

LQID's dividend yield for the trailing twelve months is around 0.44%, less than KYLD's 21.47% yield.

Position	TTM	2025
KYLD Kurv High Income ETF	21.47%	6.14%
LQID Kurv Enhanced Short Maturity ETF	0.44%	0.00%

Frequently Asked Questions

Can I hold both LQID and KYLD in my portfolio?

LQID and KYLD have a correlation of 0.34, 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 KYLD?

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 KYLD?

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

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

KYLD has the higher dividend yield at 21.47%, compared with 0.44% for LQID.

What is the main difference between LQID and KYLD?

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