TLA vs TSLP: which paid, and which earned it?

TLA and TSLP both write options for income. GraniteShares Autocallable TSLA ETF and Kurv Yield Premium Strategy Tesla (TSLA) ETF.

11.1%
TLA cash paid, since launch
20.2%
TSLP cash paid, 1 year
+10.4%
TLA total return, since launch
−24.2%
TSLP total return, 1 year
TLA · since launch to Sep 30, 202626.3 pts ahead of TSLA
TLA
+10.4%
TSLA
−15.9%

26.3 pts ahead of TSLA

TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLA

−15.9%

TLA

+10.4%

11.1% as cash

26.3 pts ahead of TSLA

Total return, distributions reinvested

26.3 pts ahead of TSLA

TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLA

−15.9%

TLA

+10.4%

26.3 pts ahead of TSLA

11.1% of it arrived as cash. Total return, distributions reinvested. TLA since launch: paid 11.1%, price −1.4%, total +10.4%, TSLA −15.9%, +26.3 pts.

TSLP · 1 year to Sep 30, 20264 pts behind TSLA
TSLP
−24.2%
TSLA
−20.2%

4 pts behind TSLA

TSLP over 1 year: paid 20.2%, price −41.0%, total −24.2%, TSLA −20.2%, −4.0 pts.

TSLA

−20.2%

TSLP

−24.2%

4 pts behind TSLA

Total return, distributions reinvested

4 pts behind TSLA

TSLP over 1 year: paid 20.2%, price −41.0%, total −24.2%, TSLA −20.2%, −4.0 pts.

TSLA

−20.2%

TSLP

−24.2%

4 pts behind TSLA

20.2% of it arrived as cash. Both charts share one scale, 0 to +10.4%. TSLP over 1 year: paid 20.2%, price −41.0%, total −24.2%, TSLA −20.2%, −4.0 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowTLATSLPTLATSLPTLATSLP
3 months+3.3%−19.7%3.1%5.0%+19.9 pts−3.1 pts
6 months+11.2%−12.4%8.2%11.0%+18.1 pts−5.5 pts
1 yearnot published−24.2%not published20.2%not published−4.0 pts
Since launch
TLA Feb 2026 · TSLP Oct 2023
+10.4%+33.5%11.1%75.0%+26.3 pts−37.6 pts

TLA and TSLP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

TLA
GraniteShares Autocallable TSLA ETF · Autocallable on TSLA, paying monthly
TSLP
Kurv Yield Premium Strategy Tesla (TSLA) ETF · Synthetic covered call on TSLA, paying monthly
Issuer GraniteShares Kurv
Strategy autocallable synthetic covered call
Benchmark Tesla (TSLA) Tesla (TSLA)
Pays monthly monthly
Payout rate, annualized 18.4% 26.5%
Expense ratio 1.07% 0.99%
Cash paid, 1 year 11.1% (since launch on Feb 3, 2026) 20.2%
Price change, 1 year −1.4% −41.0%
Total return, 1 year +10.4% (since launch on Feb 3, 2026) −24.2%
Benchmark return, 1 year −15.9% −20.2%
Ahead or behind +26.3 pts −4.0 pts
Return of capital, latest estimate 4% 90%
Age 239 days 1069 days
Net assets $5m $17m

TLA and TSLP on the same fields, as of Sep 30, 2026. Source: ETFIQ.

TLA in plain words

Over the period since launch on Feb 3, 2026 to Sep 30, 2026, TLA paid 11.1% of its starting value in cash distributions while its price fell 1.4%. With every distribution reinvested, the fund returned +10.4%. Tesla (TSLA) returned −15.9% over the same days, so a holder was ahead by 26.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 18.4%, paid monthly. GraniteShares estimates that 4% of the distribution paid Jun 5, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

TSLP in plain words

Over the year to Sep 30, 2026, TSLP paid 20.2% of its starting value in cash distributions while its price fell 41.0%. With every distribution reinvested, the fund returned −24.2%. Tesla (TSLA) returned −20.2% over the same days, so a holder was behind by 4.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 26.5%, paid monthly. Kurv estimates that 90% 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 is cheaper, TLA or TSLP?
TLA charges 1.07% a year and TSLP charges 0.99%, so TSLP is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, TLA against TSLP, data as of Sep 30, 2026. https://etfiq.com/compare/income/tla-vs-tslp

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.