SLJY vs. KGLD

Last updated Jul 14, 2026

SLJY (Amplify SILJ Covered Call ETF) and KGLD (Kurv Gold Enhanced Income ETF ) are both Derivative Income funds. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. SLJY charges 0.75%/yr vs 1.00%/yr for KGLD.

Performance

SLJY vs. KGLD - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with SLJY having a -8.18% return and KGLD slightly higher at -7.88%.

SLJY

• 1D: -2.40%
• 1M: -8.44%
• 6M: -18.96%
• YTD: -8.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KGLD

• 1D: -2.53%
• 1M: -5.25%
• 6M: -13.85%
• YTD: -7.88%
• 1Y: 17.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLJY vs. KGLD - Yearly Performance Comparison

	2026 (YTD)	2025
SLJY Amplify SILJ Covered Call ETF	-8.18%	42.11%
KGLD Kurv Gold Enhanced Income ETF	-7.88%	26.97%

Correlation

The correlation between SLJY and KGLD is 0.77, 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 Aug 19, 2025	0.77

Return for Risk

SLJY vs. KGLD — Risk / Return Rank

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

SLJY

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: 20
KGLD Omega Ratio Rank: 24
KGLD Calmar Ratio Rank: 19
KGLD Martin Ratio Rank: 18

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.

SLJY vs. KGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify SILJ Covered Call ETF (SLJY) 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.

	SLJY	KGLD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.62	—
Sortino ratio: Return per unit of downside risk	—	0.96	—
Omega ratio: Gain probability vs. loss probability	—	1.14	—
Calmar ratio: Return relative to maximum drawdown	—	0.64	—
Martin ratio: Return relative to average drawdown	—	1.55	—

Drawdowns

SLJY vs. KGLD - Drawdown Comparison

The maximum SLJY drawdown since its inception was -33.74%, which is greater than KGLD's maximum drawdown of -28.07%. Use the drawdown chart below to compare losses from any high point for SLJY and KGLD.

Drawdown Indicators

	SLJY	KGLD	Difference
Max Drawdown Largest peak-to-trough decline	-33.74%	-28.07%	-5.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.07%	—
Current Drawdown Current decline from peak	-33.21%	-27.90%	-5.31%
Average Drawdown Average peak-to-trough decline	-11.85%	-7.99%	-3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.56%	—

Volatility

Volatility by Period

	SLJY	KGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	49.79%	28.99%	+20.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.79%	28.78%	+21.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.79%	28.78%	+21.01%

SLJY vs. KGLD - Expense Ratio Comparison

SLJY has a 0.75% expense ratio, which is lower than KGLD's 1.00% expense ratio.

Dividends

SLJY vs. KGLD - Dividend Comparison

SLJY's dividend yield for the trailing twelve months is around 22.17%, more than KGLD's 15.67% yield.

Position	TTM	2025
KGLD Kurv Gold Enhanced Income ETF	15.67%	4.59%
SLJY Amplify SILJ Covered Call ETF	22.17%	6.26%

Frequently Asked Questions

Can I hold both SLJY and KGLD in my portfolio?

SLJY and KGLD have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLJY or KGLD?

On fees, SLJY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLJY or KGLD?

SLJY is cheaper with a 0.75% expense ratio, compared with 1.00% for KGLD.

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

SLJY has the higher dividend yield at 22.17%, compared with 15.67% for KGLD.

What is the main difference between SLJY and KGLD?

They also come from different issuers: Amplify and Kurv. Their fees differ too: 0.75% for SLJY and 1.00% for KGLD.