Data as of .
GLDN vs KSLV: which paid, and which earned it?
GLDN and KSLV both write options for income.
What they hold in common
By the books each fund has filed, GLDN and KSLV hold 0% of their money in the same securities at the same weight.
| Only in GLDN | Only in KSLV |
|---|---|
| SPDR Gold MiniShares Trust 30.40% | TREASURY BILL 43.78% |
| SSR Mining Inc 7.03% | TREASURY BILL 28.36% |
| Franco-Nevada Corp 5.93% | TREASURY BILL 27.87% |
| Newmont Corp 5.81% | |
| Kinross Gold Corp 5.80% | |
| Agnico Eagle Mines Ltd 5.66% | |
| Anglogold Ashanti Plc 5.66% | |
| Barrick Mining Corp 5.42% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GLDN | KSLV | GLDN | KSLV | GLDN | KSLV | |
| 3 months | +11.4% | 0.0% | 3.7% | 6.4% | +7.8 pts | −0.7 pts |
| 6 months | +9.4% | −4.3% | 7.5% | 12.4% | +12.3 pts | −1.7 pts |
| Since launch | −10.6% | +34.9% | 6.7% | 30.9% | +1.9 pts | −6.6 pts |
| GLDN Nicholas Gold Income ETF Option income on GLD, paying weekly | KSLV Kurv Silver Enhanced Income ETF Covered call on SLV, paying monthly | |
|---|---|---|
| Issuer | Nicholas | Kurv |
| Strategy | option income | covered call |
| Benchmark | Gold (GLD) | Silver (SLV) |
| Pays | weekly | monthly |
| Payout rate, annualized | 15.4% | 27.4% |
| Expense ratio | 1.07% | 1.00% |
| Cash paid, 1 year | 6.7% (since launch on Feb 18, 2026) | 30.9% (since launch on Sep 30, 2025) |
| Price change, 1 year | −17.5% | +5.4% |
| Total return, 1 year | −10.6% (since launch on Feb 18, 2026) | +34.9% (since launch on Sep 30, 2025) |
| Benchmark return, 1 year | −12.5% | +41.4% |
| Ahead or behind | +1.9 pts | −6.6 pts |
| Return of capital, latest estimate | not published | 91% |
| Age | 212 days | 353 days |
| Net assets | $3m | $122m |
GLDN in plain words
Over the period since launch on Feb 18, 2026 to Sep 18, 2026, GLDN paid 6.7% of its starting value in cash distributions while its price fell 17.5%. With every distribution reinvested, the fund returned −10.6%. Gold (GLD) returned −12.5% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.4%, paid weekly.
KSLV in plain words
Over the period since launch on Sep 30, 2025 to Sep 18, 2026, KSLV paid 30.9% of its starting value in cash distributions while its price rose 5.4%. With every distribution reinvested, the fund returned +34.9%. Silver (SLV) returned +41.4% over the same days, so a holder was behind by 6.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 27.4%, paid monthly. Kurv estimates that 91% of the distribution paid Aug 20, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, GLDN or KSLV?
- GLDN charges 1.07% a year and KSLV charges 1.00%, so KSLV is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GLDN against KSLV, data as of Sep 18, 2026. https://etfiq.com/compare/income/gldn-vs-kslv Free to use with attribution; the underlying files are at Open data.