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KGLDKurv Gold Enhanced Income ETF

Get incomeNewRanked #1,261 of 1,622 in this goal

Seeks to maximize total return.

By Kurv Investment Management Inc. · Launched 2025

Annual Cost

1.00%

#4,954 of 5,562 · expensive

Fund Size

$101M

#2,941 of 5,562 · mid-size

Dividend YieldGoal

—

Track Record

11 months

#4,546 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,555+25.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 99.4% of fundconcentrated

TREASURY BILL
27.3%
TREASURY BILL
26.4%
TREASURY BILL
19.6%
N/A
7.5%
N/A
6.9%
N/A
6.6%
N/AGLD 12 C310
2.3%
N/A
2.1%
N/AGLD 12 C394
0.4%
Fidelity Government Portfolio
0.3%

Asset allocation

Bonds
72.6%
Stocks
17.3%
Cash
9.4%
Other
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-26.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to maximize total return.
Strategy
Primarily invests in derivative instruments on gold bullion-related ETPs, including ETFs and ETNs, backed by Fixed Income Instruments. May invest in physical gold and derivatives on gold. Uses options on gold bullion-related ETPs to gain exposure. The Fund may write call options to generate income and may engage in uncovered calls. It may invest in U.S. and non-U.S. Fixed Income Instruments of any maturity. The Fund may invest up to 20% in high yield securities and may invest in emerging market securities.
Inception date
July 7, 2025
Fund family
Kurv Investment Management Inc.

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19