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Launched

Kurv Yield Premium Strategy Tesla ETF

TSLPCboeKurvBThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$16.31+0.20 (+1.24%)

As of Nov 2, 2026, 3:58 PM ET

B55/ 100

Rank 2 of 9 in Tesla (TSLA) Option Income

B55/100Rank 2 of 9inTesla (TSLA) Option Income
Intraday session: up, 78 prints from 16.11 to 16.31. Range 16.11 to 16.67. Use the arrow keys to read each point.16.2016.4016.5016.6016.7010 AM12 PM2 PM4 PM
Expense ratio
1.00%*
Fund size
$19M
1Y total return
−19.4%
Yield · Last 12 months
29.67%
Holdings
7
Avg volume · 30D
12.4K sh
52W range
low $12.92high $26.52
Launched

*After a fee waiver that ends Sep 30, 2027. Without it: 1.16%.

The ETF.net TSLP Grade

B

Score 55 out of 100

Category
Tesla (TSLA) Option Income⁠
Rank
2 of 9
Six-pillar profile for TSLP. Scores out of 100: Cost 72, Risk 28, Mission 56, Tradability 48, Holdings 88, Durability 64. Strongest: Holdings (88). Weakest: Risk (28). Leans toward Holdings.

Score 55 of 100 falls in the B 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.
    A72 out of 100
    Rank 2 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B56 out of 100
    Rank 5 of 6

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D28 out of 100
    Rank 7 of 8

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C48 out of 100
    Rank 5 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A88 out of 100
    Rank 2 of 2

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 4 of 9

Our read on TSLP

ETF.net Research

In short

BTesla income with a longer fuse. TSLP builds its TSLA exposure with options dated roughly one month to a year out instead of resetting weekly, pays monthly, and charges 1.00% net of a waiver through September 30, 2027.

Stated mandate

The fund seeks current income while retaining exposure to Tesla's share price, with potential investment gains limited.

Why people hold it

  • Sells calls against TSLA exposure using contracts dated about one month to a year out rather than weekly resets, a slower roll cycle than most of the single-stock premium crowd.sec.govsec.gov 2
  • Cheapest fee in the TSLA income crowd: 1.00% net of a waiver through September 30, 2027 (1.16% gross), against 1.05% for CRSH and 1.07% for TSLY and TLA, and below the category median.
  • The manager isn't stuck with plain covered calls: call spreads and risk reversals are in the documented toolkit to seek more participation in TSLA's rise while still taking in net premium.sec.gov
  • Income lands monthly, and the portfolio reads like the strategy on the tin: TSLA options backed by short-term fixed income collateral. One of the stronger builds among Tesla option-income funds.sec.gov

Worth knowing

  • Upside is limited by design: the calls written against the position cap how much of a TSLA rally the fund keeps, while the downside ride stays.sec.gov
  • Exposure is often synthetic (bought calls plus sold puts) rather than owned shares, and the fund may write uncovered calls when the adviser sees volatility mispriced.sec.govsec.gov 2
  • One of the smaller, thinner-traded names in its group, so limit orders matter. Single-stock concentration means TSLA's swings drive everything.

TSLP Performance

Launched Oct 26, 2023

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.
TSLP$8,059
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. TSLP $8,059. SPY $11,199. Use the arrow keys to read each point.$6,000$8,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for TSLP. Periods over one year show the average yearly return.
PeriodTSLP
Year to date−17.1%
1 month+13.6%
3 months+27.8%
1 year−19.4%
3 yearsper year+15.8%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TSLP
YearReturn barTSLP
2026 YTD−17.1%
2025+9.3%
2024+41.1%
2023+18.5%

History from Oct 27, 2023

TSLP in the news

TSLP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
29.67%Last 12 months
Payout per share
$4.78Last 12 months
Last payment
$0.32 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 36 payments from 2023 to 2026 YTD. Nov 22, 2023 $0.58; Dec 20, 2023 $0.67; Jan 24, 2024 $0.56; Feb 21, 2024 $0.31; Mar 20, 2024 $0.52; Apr 24, 2024 $0.42; May 22, 2024 $0.44; Jun 26, 2024 $0.44; Jul 24, 2024 $0.50; Aug 21, 2024 $0.51; Sep 25, 2024 $0.52; Oct 23, 2024 $0.49; Nov 20, 2024 $0.59; Dec 24, 2024 $1.30; Jan 23, 2025 $1.30; Feb 5, 2025 $1.00; Mar 5, 2025 $0.70; Apr 2, 2025 $0.55; May 7, 2025 $0.55; Jun 4, 2025 $0.50; Jul 2, 2025 $0.45; Aug 6, 2025 $0.45; Sep 3, 2025 $0.45; Oct 8, 2025 $0.50; Nov 5, 2025 $0.50; Dec 3, 2025 $0.50; Jan 7, 2026 $0.50; Feb 4, 2026 $0.50; Mar 4, 2026 $0.40; Apr 8, 2026 $0.40; May 6, 2026 $0.35; Jun 3, 2026 $0.35; Jul 8, 2026 $0.32; Aug 5, 2026 $0.32; Sep 2, 2026 $0.32; Oct 7, 2026 $0.32. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 7, 2026Oct 8, 2026$0.32
Sep 2, 2026Sep 3, 2026$0.32
Aug 5, 2026Aug 6, 2026$0.32
Jul 8, 2026Jul 9, 2026$0.32
Jun 3, 2026Jun 4, 2026$0.35
May 6, 2026May 7, 2026$0.35
Apr 8, 2026Apr 9, 2026$0.40
Mar 4, 2026Mar 5, 2026$0.40
Feb 4, 2026Feb 5, 2026$0.50
Jan 7, 2026Jan 8, 2026$0.50
Dec 3, 2025Dec 4, 2025$0.50
Nov 5, 2025Nov 6, 2025$0.50

See all 36 payments⁠

$10,000 in TSLP 3 years ago paid $7,260 in dividends.⁠

TSLP Risk

Risk pillarD28 out of 100Rank 7 of 8 in Tesla (TSLA) Option Income
How much the fund’s monthly returns vary, scaled to a year.
43.1%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.46
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−46.1%
36 months · trough Mar 2025
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.

How strongly the fund’s returns move with its asset-class index.
1.39
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

TSLP Cost

Compare TSLP and XVTS

Overpaying vs XVTS, cheapest in Tesla (TSLA) Option Income

$2,489

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TSLP 1.00%

    $18,688

  • XVTS 0.85% Cheapest

    $16,199

$10,000
30 years

Cost over time

  • TSLP 1.00%
  • XVTS 0.85%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TSLP $18,688XVTS $16,199

Year by year

YearTSLPXVTSOverpaying
10$1,763$1,508$255
20$6,625$5,706$919
30$18,688$16,199$2,489
How the 1.00% is worked out

Full fee 1.16%− waiver 0.16%= you pay 1.00%

The waiver ends Sep 30, 2027. After that the fee is 1.16% unless Kurv renews it. Source: prospectus, Sep 2026.

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