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Data as of .

IAUI vs KGLD: which paid, and which earned it?

Over the year KGLD paid 16.0% of its price in cash against IAUI’s 14.1%, and returned more with it reinvested.

NEOS Gold High Income ETF and Kurv Gold Enhanced Income ETF.

14.1%IAUI cash paid, 1 year
16.0%KGLD cash paid, 1 year
+11.9%IAUI total return, 1 year
+18.9%KGLD total return, 1 year

ETFIQ Return Stability Score: KGLD scores higher

Was the payout funded by returns, or by your own capital?

IAUI 42.1KGLD 68.83.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

IAUI7.7 pts behind GLD · 1 year to Sep 18, 2026
GLD+19.5%IAUI+11.9%14.1% of it arrived as cash7.7 pts behind GLDTotal return, distributions reinvestedGLD+19.5%IAUI+11.9%14.1% cash7.7 pts behind GLD
KGLD0.6 pts behind GLD · 1 year to Sep 18, 2026
GLD+19.5%KGLD+18.9%16.0% of it arrived as cash0.6 pts behind GLDTotal return, distributions reinvestedGLD+19.5%KGLD+18.9%16.0% as cash0.6 pts behind GLD

What they hold in common

By the books each fund has filed, IAUI and KGLD hold 0% of their money in the same securities at the same weight.

Only in each
Only in IAUIOnly in KGLD
United States Treasury Bill 09/24/2026 73.35%TREASURY BILL 41.06%
Goldman Sachs Physical Gold ETF 19.35%TREASURY BILL 40.22%
GLD 10/16/2026 370 C 6.89%TREASURY BILL 18.71%
United States Treasury Bill 12/17/2026 1.00%
GLD 10/16/2026 428 C -0.13%
GLD 10/16/2026 370 P -0.21%
GLD 10/16/2026 418 C -0.24%

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 May 31, 2026 and Sep 21, 2026.

Performance, window by window

IAUI and KGLD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
IAUIKGLDIAUIKGLDIAUIKGLD
3 months+2.6%+2.9%3.0%3.8%−1.0 pts−0.8 pts
6 months−1.4%−4.7%5.8%7.4%+1.6 pts−1.8 pts
1 year+11.9%+18.9%14.1%16.0%−7.7 pts−0.6 pts
Since launch+19.7%+29.8%17.7%19.2%−10.0 pts−2.0 pts
Open the live comparison on ETFIQ
IAUI and KGLD on the same fields, as of Sep 18, 2026. Source: ETFIQ.
IAUI
NEOS Gold High Income ETF
Option income on GLD, paying monthly
KGLD
Kurv Gold Enhanced Income ETF
Covered call on GLD, paying monthly
IssuerNEOSKurv
Strategyoption incomecovered call
BenchmarkGold (GLD)Gold (GLD)
Paysmonthlymonthly
Payout rate, annualized11.9%15.3%
Expense ratio0.79%1.00%
Cash paid, 1 year14.1%16.0%
Price change, 1 year−2.0%+3.4%
Total return, 1 year+11.9%+18.9%
Benchmark return, 1 year+19.5%+19.5%
Ahead or behind−7.7 pts−0.6 pts
Return of capital, latest estimate84%86%
Age470 days437 days
Net assets$635m$163m

IAUI in plain words

Over the year to Sep 18, 2026, IAUI paid 14.1% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned +11.9%. Gold (GLD) returned +19.5% over the same days, so a holder was behind by 7.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, paid monthly. NEOS estimates that 84% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

KGLD in plain words

Over the year to Sep 18, 2026, KGLD paid 16.0% of its starting value in cash distributions while its price rose 3.4%. With every distribution reinvested, the fund returned +18.9%. Gold (GLD) returned +19.5% over the same days, so a holder was behind by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly. Kurv estimates that 86% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, IAUI or KGLD?
Over the year to Sep 18, 2026, IAUI paid 14.1% of its starting price in cash and KGLD paid 16.0%, so KGLD paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, IAUI or KGLD?
With every distribution reinvested, IAUI returned +11.9% and KGLD returned +18.9% over the year to Sep 18, 2026, so KGLD returned more.
Which is cheaper, IAUI or KGLD?
IAUI charges 0.79% a year and KGLD charges 1.00%, so IAUI 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.

IAUI against KGLD, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IAUI against KGLD, data as of Sep 18, 2026. https://etfiq.com/compare/income/iaui-vs-kgld Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources