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

TSIB and TSLP both write options for income. Direxion TSLA Defined Income Boost ETF and Kurv Yield Premium Strategy Tesla (TSLA) ETF.

5.6%
TSIB cash paid, since launch
20.2%
TSLP cash paid, 1 year
+18.4%
TSIB total return, since launch
−24.2%
TSLP total return, 1 year
TSIB · since launch to Sep 30, 20260.6 pts behind TSLA
TSIB
+18.4%
TSLA
+18.9%

0.6 pts behind TSLA

TSIB since launch: paid 5.6%, price +12.8%, total +18.4%, TSLA +18.9%, −0.6 pts.

TSLA

+18.9%

TSIB

+18.4%

5.6% cash

0.6 pts behind TSLA

Total return, distributions reinvested

0.6 pts behind TSLA

TSIB since launch: paid 5.6%, price +12.8%, total +18.4%, TSLA +18.9%, −0.6 pts.

TSLA

+18.9%

TSIB

+18.4%

0.6 pts behind TSLA

5.6% of it arrived as cash. Total return, distributions reinvested. TSIB since launch: paid 5.6%, price +12.8%, total +18.4%, TSLA +18.9%, −0.6 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 +18.9%. 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
WindowTSIBTSLPTSIBTSLPTSIBTSLP
3 monthsnot published−19.7%not published5.0%not published−3.1 pts
6 monthsnot published−12.4%not published11.0%not published−5.5 pts
1 yearnot published−24.2%not published20.2%not published−4.0 pts
Since launch
TSIB Jul 2026 · TSLP Oct 2023
+18.4%+33.5%5.6%75.0%−0.6 pts−37.6 pts

TSIB 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

TSIB
Direxion TSLA Defined Income Boost ETF · Option income on TSLA, paying monthly
TSLP
Kurv Yield Premium Strategy Tesla (TSLA) ETF · Synthetic covered call on TSLA, paying monthly
Issuer Direxion Kurv
Strategy option income synthetic covered call
Benchmark Tesla (TSLA) Tesla (TSLA)
Pays monthly monthly
Payout rate, annualized 28.9% 26.5%
Expense ratio 0.97% 0.99%
Cash paid, 1 year 5.6% (since launch on Jul 29, 2026) 20.2%
Price change, 1 year +12.8% −41.0%
Total return, 1 year +18.4% (since launch on Jul 29, 2026) −24.2%
Benchmark return, 1 year +18.9% −20.2%
Ahead or behind −0.6 pts −4.0 pts
Return of capital, latest estimate not published 90%
Age 63 days 1069 days
Net assets $2m $17m

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

TSIB in plain words

Over the period since launch on Jul 29, 2026 to Sep 30, 2026, TSIB paid 5.6% of its starting value in cash distributions while its price rose 12.8%. With every distribution reinvested, the fund returned +18.4%. Tesla (TSLA) returned +18.9% over the same days, so a holder was behind by 0.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 28.9%, paid monthly.

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, TSIB or TSLP?
TSIB charges 0.97% a year and TSLP charges 0.99%, so TSIB is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, TSIB against TSLP, data as of Sep 30, 2026. https://etfiq.com/compare/income/tsib-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.