XAUT-USD vs. KGLD

Last updated Jun 5, 2026

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

Performance

XAUT-USD vs. KGLD - Performance Comparison

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

Returns By Period

In the year-to-date period, XAUT-USD achieves a 2.29% return, which is significantly lower than KGLD's 3.87% return.

XAUT-USD

• 1D: 0.08%
• 1M: -3.27%
• YTD: 2.29%
• 6M: 5.46%
• 1Y: 31.56%
• 3Y*: 31.28%
• 5Y*: 18.60%
• 10Y*: —

KGLD

• 1D: 0.85%
• 1M: -1.84%
• YTD: 3.87%
• 6M: 6.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XAUT-USD vs. KGLD - Yearly Performance Comparison

	2026 (YTD)	2025
XAUT-USD Tether Gold USD	2.29%	31.16%
KGLD Kurv Gold Enhanced Income ETF	3.87%	29.75%

Correlation

The correlation between XAUT-USD and KGLD 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

XAUT-USD vs. KGLD — 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.

XAUT-USD vs. KGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tether Gold USD (XAUT-USD) 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.

	XAUT-USD	KGLD	Difference
Sharpe ratio: Return per unit of total volatility	1.20	—	—
Sortino ratio: Return per unit of downside risk	1.60	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.55	—	—
Martin ratio: Return relative to average drawdown	3.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XAUT-USD	KGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	1.36	-0.39

Drawdowns

XAUT-USD vs. KGLD - Drawdown Comparison

The maximum XAUT-USD drawdown since its inception was -20.51%, roughly equal to the maximum KGLD drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for XAUT-USD and KGLD.

Drawdown Indicators

	XAUT-USD	KGLD	Difference
Max Drawdown Largest peak-to-trough decline	-20.51%	-20.29%	-0.22%
Max Drawdown (1Y) Largest decline over 1 year	-20.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.51%	—	—
Current Drawdown Current decline from peak	-19.81%	-18.71%	-1.10%
Average Drawdown Average peak-to-trough decline	-6.43%	-6.15%	-0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.68%	—	—

Volatility

Volatility by Period

	XAUT-USD	KGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.90%	28.67%	-6.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	28.67%	-13.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.12%	28.67%	-13.55%

Frequently Asked Questions

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

XAUT-USD and KGLD 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.