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

Over the year TSLY paid 46.2% of its price in cash against TSLP’s 20.2%, and returned more with it reinvested. Kurv Yield Premium Strategy Tesla (TSLA) ETF and YieldMax(R) TSLA Option Income Strategy ETF.

20.2%
TSLP cash paid, 1 year
46.2%
TSLY cash paid, 1 year
−24.2%
TSLP total return, 1 year
−13.2%
TSLY total return, 1 year
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. Total return, distributions reinvested. TSLP over 1 year: paid 20.2%, price −41.0%, total −24.2%, TSLA −20.2%, −4.0 pts.

TSLY · 1 year to Sep 30, 20267 pts ahead of TSLA
TSLY
−13.2%
TSLA
−20.2%

7 pts ahead of TSLA

TSLY over 1 year: paid 46.2%, price −54.3%, total −13.2%, TSLA −20.2%, +7.0 pts.

TSLA

−20.2%

TSLY

−13.2%

7 pts ahead of TSLA

Total return, distributions reinvested

7 pts ahead of TSLA

TSLY over 1 year: paid 46.2%, price −54.3%, total −13.2%, TSLA −20.2%, +7.0 pts.

TSLA

−20.2%

TSLY

−13.2%

7 pts ahead of TSLA

46.2% of it arrived as cash. Both charts share one scale, 0 to −13.2%. TSLY over 1 year: paid 46.2%, price −54.3%, total −13.2%, TSLA −20.2%, +7.0 pts.

ETFIQ Return Stability Score · TSLY scores higherWas the payout funded by returns, or by your own capital?
7.2, the lowest in this set97.2, the highest

A percentile among the 70 income ETFs writing on a single company. 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 →

What they hold in common

By the books each fund has filed, TSLP and TSLY hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Oct 1, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding TSLP TSLY
Only in TSLP
TREASURY BILL 45.34%
TREASURY BILL 28.86%
TREASURY BILL 25.80%
Only in TSLY
United States Treasury Note/Bond 2.375% 05/15/2027 24.37%
United States Treasury Bill 10/15/2026 23.47%
United States Treasury Bill 12/10/2026 21.98%
United States Treasury Bill 07/08/2027 16.59%
United States Treasury Bill 02/18/2027 15.05%
TSLA 11/20/2026 370.01 C 4.99%
First American Government Obligations Fund 12/01/2031 2.20%
TSLA US 10/02/26 C390 0.02%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowTSLPTSLYTSLPTSLYTSLPTSLY
3 months−19.7%−15.2%5.0%10.2%−3.1 pts+1.4 pts
6 months−12.4%−7.9%11.0%23.0%−5.5 pts−1.0 pts
1 year−24.2%−13.2%20.2%46.2%−4.0 pts+7.0 pts
3 yearsnot published+24.2%not published88.8%not published−17.6 pts
Since launch
TSLP Oct 2023 · TSLY Nov 2022
+33.5%+35.8%75.0%97.3%−37.6 pts−57.9 pts

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

On the same fields

TSLP
Kurv Yield Premium Strategy Tesla (TSLA) ETF · Synthetic covered call on TSLA, paying monthly
TSLY
YieldMax(R) TSLA Option Income Strategy ETF · Synthetic covered call on TSLA, paying weekly
Issuer Kurv YieldMax
Strategy synthetic covered call synthetic covered call
Benchmark Tesla (TSLA) Tesla (TSLA)
Pays monthly weekly
Payout rate, annualized 26.5% 51.8%
Expense ratio 0.99% 1.07%
Cash paid, 1 year 20.2% 46.2%
Price change, 1 year −41.0% −54.3%
Total return, 1 year −24.2% −13.2%
Benchmark return, 1 year −20.2% −20.2%
Ahead or behind −4.0 pts +7.0 pts
Return of capital, latest estimate 90% 100%
Age 1069 days 1407 days
Net assets $17m $667m

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

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).

TSLY in plain words

Over the year to Sep 30, 2026, TSLY paid 46.2% of its starting value in cash distributions while its price fell 54.3%. With every distribution reinvested, the fund returned −13.2%. Tesla (TSLA) returned −20.2% over the same days, so a holder was ahead by 7.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 51.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Oct 2, 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, TSLP or TSLY?
Over the year to Sep 30, 2026, TSLP paid 20.2% of its starting price in cash and TSLY paid 46.2%, so TSLY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, TSLP or TSLY?
With every distribution reinvested, TSLP returned −24.2% and TSLY −13.2% over the year to Sep 30, 2026.
Which is cheaper, TSLP or TSLY?
TSLP charges 0.99% a year and TSLY charges 1.07%, so TSLP is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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