Kurv Gold Enhanced Income ETF
A gold ETF designed to outperform and deliver monthly, tax-efficient income.
Seeks to generate consistent monthly income while aiming to outperform the price return of gold.
Provides potential protection against currency debasement and inflation through gold exposure, a historically reliable store of value.
Access gold exposure that may be more tax-efficient than physical gold, due to a different tax category.
Investment Objective & Strategy
Kurv Gold Enhanced Income ETF seeks to maximize total return by actively managing a portfolio with efficient exposure to gold while, at the same time, generating potentially tax-efficient income.
Snapshot
Price
Important Risk Information
The Fund is a unique investment product that may not be suitable for all investors. An investor should consider investing in the Fund if it, among other reasons, fully understands the risks inherent in an investment in the Fund’s Shares. There is no guarantee that the Fund, in the future will provide the opportunity for upside participation to the price exposure of underlying. There may be limits on upside participation to the price exposure of underlying under certain market conditions. There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment. In addition, an investor may lose its investment even if the strategy is properly implemented.
Fund Performance
1M | 3M | 6M | YTD | Since Inception | |
|---|---|---|---|---|---|
NAV | 1M 10.19% | 3M -2.72% | 6M -17.60% | YTD 2.51% | Since Inception 31.49% |
Market Price | 1M 9.88% | 3M -2.79% | 6M -17.69% | YTD 2.54% | Since Inception 31.67% |
1Y | Since Inception | |
|---|---|---|
NAV | 1Y 27.26% | Since Inception 26.86% |
Market Price | 1Y 27.13% | Since Inception 27.01% |
Growth of $10,000
The Growth of $10,000 chart reflects a hypothetical investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted. Results are not indicative of future performance.
Distributions
Holdings
Ticker | CUSIP | Description | Quantity | Market Value | % of fund |
|---|---|---|---|---|---|
| Ticker | CUSIP | Description | Shares | Market Value | Weight |
Frequently Asked Questions
What is a gold enhanced income ETF?
Gold pays no yield. A gold enhanced income ETF seeks to change that. It holds or replicates exposure to gold while selling options against that exposure, using the premium collected to seek a monthly distribution. The design question is how much of gold's price movement you keep, because option strategies can limit upside in a fast-rising market. Kurv's approach seeks to stay close to, or slightly above, one-for-one with the metal rather than accepting the reduced sensitivity of a plain covered call. The Kurv Gold Enhanced Income ETF (KGLD) launched on July 8, 2025 and pays monthly. Distributions are not guaranteed.
How is option-income on metals different from owning bullion?
Owning bullion, or a physically-backed gold ETF, gives you the metal's price movement and nothing else — no income, and expenses that reduce the return over time. An option-income approach seeks the price exposure plus monthly cash from selling options. The trade-off is that option positions can cap some upside in a sharply rising market, and the distribution may include return of capital. On KGLD's comparison page, KGLD delivered a total return close to gold bullion over the period shown while also paying a monthly distribution — see that page for the figures and their 'as of' date.
Why hold silver or copper rather than only gold?
They do different jobs. Gold is primarily a monetary and store-of-value asset — the one investors reach for when currencies and government debt look strained. Silver has both a monetary and an industrial role. Copper is almost entirely industrial, tied to electrification, grid investment and construction, which makes it a way to hold a long-term growth theme rather than a hedge. Kurv runs an enhanced-income strategy on all three: KGLD (gold), KSLV (silver, launched September 29, 2025) and KCOP (copper and copper miners, launched February 12, 2026), each paying monthly. Their distribution rates differ meaningfully, because option premium depends on each metal's volatility — silver's is typically higher than gold's.
Do metals-based option strategies avoid K-1 tax reporting?
Kurv's metals strategies are structured to avoid K-1 reporting, so shareholders receive a standard Form 1099 rather than the partnership K-1 that some commodity funds issue. That matters practically, because K-1s often arrive late and complicate filing. The strategies also seek the 60/40 treatment available on qualifying exchange-traded contracts. Both are objectives of the structure rather than guarantees, and neither is tax advice — please confirm your own position with your tax advisor.