Kurv Enhanced Short Maturity ETF
$24.86−0.01 (−0.02%)
- 0.45%
- $14M
- 0M sh
- $24.85
- low $24.75high $25.12
The ETF.net LQID Grade
F
Score 18 out of 100
- 75 of 78
Score 18 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F5 out of 100Rank 74 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 73 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F14 out of 100Rank 72 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 52 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F9 out of 100Rank 76 of 78
Our read on LQID
FMost funds in the ultra-short Treasury aisle just hold bills. LQID is actively managed and runs two income engines: interest from short-maturity bonds, plus an options-writing overlay, with duration kept short by design.
The Fund seeks current income. The issuer describes LQID as an enhanced fixed-income strategy intended for short-term liquid allocation and enhanced yield.
Why people hold it
- Two income engines instead of one: an interest income strategy across a diversified short-maturity bond portfolio, plus an income-generating option strategy on fixed income instruments.sec.gov
- The prospectus keeps the clock short: average portfolio duration normally no more than two years, average maturity normally not expected to exceed three.sec.gov
- Actively managed by Kurv, a shop founded by PIMCO and Goldman Sachs alumni, and structured to seek monthly income rather than price appreciation.businesswire.com
Worth knowing
- The active overlay costs: 0.45% a year, versus a roughly 0.19% median in its cohort, where the highest-ranked options (VBIL, CLIP, ICSH) charge under a tenth of a percent.
- Launched in 2026, so there is little history to judge, and it is still a small, lightly traded fund, which can mean wider bid-ask spreads.
- Distributions can include return of capital, meaning part of a payout may be your own principal coming back rather than earned income.
LQID Holdings
- Bonds
- 26
- 82%
- CLOA
Sectors
- Financials100.0%
Geography
- United States100.00%
LQID Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
LQID$10,056
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | LQID |
|---|---|
| Year to date | — |
| 1 month | +0.2% |
| 3 months | +0.6% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | LQID |
|---|---|---|
| 2026 YTD | +1.1% |
LQID in the news
LQID Dividends
- $0.11 per share
- Monthly
Distribution data unavailable.
Distribution history
LQID Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LQID Cost
0.45%
LQID0.45%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
73 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- DBAMUBrookstone Ultra-Short Bond ETFExpense ratio 0.95%1 year return +2.7%
- DRMMERareview Government Money Market ETFExpense ratio 0.50%1 year return —
- DSGVAF/m Accumulator Ultrashort Treasury FundExpense ratio 0.22%1 year return —
- DGCSHGuggenheim Funds Trust - Guggenheim Ultra Short Income ETFExpense ratio 0.25%1 year return —
- DFUSDFederated Hermes Ultrashort Bond ETFExpense ratio 0.29%1 year return —