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AMZP Kurv Yield Premium Strategy Amazon (AMZN) ETF

Synthetic covered call on AMZN, paying monthly

Over the year to Sep 11, 2026, AMZP paid 16.6% in cash and still finished 7.2 points behind AMZN.

Kurv · Income ETFs · data as of

Key facts

16.6%Cash paid, 1 year, on its starting price
+4.4%Total return, 1 year
−7.2 ptsAgainst AMZN
84.0%Return of capital, latest payout (Kurv estimate)

Method

ETFIQ Return Stability Score

57.3joint 19th of 61

AMZP paid 16.6% in cash. Its price fell 12.9%, so 78% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MRNY −136.8 ptsAMDY −66.7 ptsDIPS −37.9 ptsXOMO −20.9 ptsTQQY −20.2 ptsAPLY −18.6 ptsGOOP −17.6 ptsTSYY −16.1 ptsMARO −15.2 ptsCOYY −11.8 ptsTSMY −11.7 ptsMSTW −11.4 ptsHOOW −10.9 ptsCOIW −10.5 ptsPLTW −9.8 ptsTSLP −9.1 ptsXYZY −8.9 ptsGOOY −8.5 ptsAAPY −8.4 ptsNFLW −7.7 ptsGMEY −7.2 ptsHCOW −7.2 ptsTSLW −7.0 ptsMETW −6.9 ptsYSPY −6.8 ptsAVGW −6.6 ptsMSFY −6.6 ptsAIYY −5.6 ptsSMCY −5.3 ptsNFLP −4.7 ptsMSFW −4.6 ptsAMZY −4.0 ptsHOOY −3.8 ptsSNOY −3.6 ptsBRKW −3.5 ptsFBY −3.5 ptsAMZW −3.1 ptsCRSH −2.2 ptsNVDW −1.8 ptsPYPY −1.8 ptsTSII −1.8 ptsDRAY −1.4 ptsBRKC −0.9 ptsNVDY −0.2 ptsGOOW +1.7 ptsMSFO +1.8 ptsRBLY +1.8 ptsNVII +2.3 ptsRDYY +3.7 ptsNFLY +4.0 ptsAAPW +4.1 ptsTSLY +4.8 ptsBABO +4.9 ptsCONY +4.9 ptsCVNY +5.3 ptsMSTY +5.5 ptsPLTY +5.5 ptsAMDW +47.3 ptsFIAT +70.4 ptsWNTR +94.6 ptsAMZP −7.2 ptsAMZP −7.2 pts−136.8 pts+94.6 pts

33.6% of the 61 sit at or below AMZP on this measure.

What happened to the principal
MSTW −87.3%COYY −86.8%RBLY −81.7%MSTY −80.9%COIW −79.2%MARO −75.6%CONY −72.9%DRAY −72.2%RDYY −71.3%AIYY −71.0%TSYY −69.7%SMCY −64.1%NFLW −62.3%HOOY −59.8%HOOW −59.2%BABO −56.9%NFLY −55.1%GMEY −52.9%PYPY −51.8%CVNY −51.5%PLTW −50.4%NFLP −50.2%XYZY −48.1%CRSH −46.9%TSLW −46.8%TSII −46.5%METW −46.0%WNTR −45.9%DIPS −45.5%FIAT −45.3%AVGW −44.5%FBY −44.3%TSLY −44.2%PLTY −43.6%TQQY −35.3%MSFW −31.5%AMZY −30.5%TSLP −30.0%MSFO −29.8%AMZW −25.8%SNOY −25.4%YSPY −25.3%NVDW −24.5%MSFY −24.1%NVDY −23.6%NVII −23.1%BRKW −17.8%BRKC −16.0%GOOY −15.1%APLY −9.6%XOMO −6.9%TSMY −5.0%GOOW −2.2%HCOW +1.6%GOOP +7.3%AAPW +11.3%AMDY +19.5%AAPY +20.6%MRNY +85.5%AMDW +93.7%AMZP −12.9%AMZP −12.9%−87.3%+93.7%

81.1% of the 61 sit at or below AMZP on this measure.

Weighted evenly, those two positions are what the score combines, across the 61 income ETFs writing on a single company. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−7.2 pts33.650%
what happened to the principal−12.9%81.150%

All income ETFs ranked by this score · How it is computed

What a holder got

AMZP against AMZNAMZP returned +4.4% with distributions reinvested against +11.7% for Amazon (AMZN), a gap of −7.2 pts. Of that, 16.6% arrived as cash rather than price.+4.4%AMZP total return+11.7%Amazon (AMZN)16.6% of it arrived as cash

Over the year to Sep 11, 2026, AMZP returned +4.4% with distributions reinvested and Amazon (AMZN) returned +11.7%, so a holder came out behind it by 7.2 points. The lighter segment is the 16.6% that arrived as cash rather than as price.

Method

Period by period

AMZP over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnAMZNAhead or behind
3 months4.1%+0.2%+4.2%+7.6%−3.4 pts
6 months9.1%+11.6%+20.4%+23.6%−3.2 pts
1 year16.6%−12.9%+4.4%+11.7%−7.2 pts
Since launch58.4%−0.6%+68.5%+83.8%−15.3 pts

Method

When AMZP pays

AMZP pays monthly. The last distribution was $0.35 a share, which went ex on Sep 9, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 28 days the ex-date falls near Oct 7, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for AMZP. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 7, 2026Oct 9, 2026$0.35ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for AMZP (13, most recent first)
Cash distributions per share for AMZP. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 9, 2026$0.35
Aug 12, 2026$0.35
Jul 15, 2026$0.35
Jun 10, 2026$0.35
May 13, 2026$0.35
Apr 15, 2026$0.35
Mar 11, 2026$0.35
Feb 11, 2026$0.5
Jan 14, 2026$0.5
Dec 10, 2025$0.5
Nov 12, 2025$0.5
Oct 15, 2025$0.5
Sep 10, 2025$0.5

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Nov 6, 2023, AMZP has returned +68.5% with distributions reinvested, against +83.8% for Amazon (AMZN), and has paid out 58.4% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 16.2%. Kurv estimates that 84% of the distribution paid Aug 13, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

AMZP (Kurv Yield Premium Strategy Amazon (AMZN) ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategysynthetic covered call
BenchmarkAmazon (AMZN)
Paysmonthly
Net assets (issuer page, as of Sep 11, 2026)$18m
Latest payout, annualized (ETFIQ)16.2%
Expense rationot read by ETFIQ
Cash paid, last 12 months, over today’s price (ETFIQ)19.1%
LaunchedNov 6, 2023
Return of capital, latest distribution (Kurv 19a-1 estimate)84.0%
Paysmonthly
Typical gap between ex-dates28 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.35 ex Sep 9, 2026
Sum of the last 12 distributions$4.95

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has AMZP paid over the last year?
Over the year to Sep 11, 2026, AMZP paid 16.6% of its starting price in cash distributions, while the price fell 12.9%.
Is AMZP ahead of AMZN?
Over the year to Sep 11, 2026, with every distribution reinvested, AMZP returned +4.4% against +11.7% for Amazon (AMZN), so a holder was behind it by 7.2 points.
How often does AMZP pay, and how much?
AMZP pays monthly. The latest distribution annualizes to 16.2% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
Is the AMZP distribution return of capital?
Kurv estimates 84% of the distribution paid Aug 13, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does AMZP next pay a distribution?
AMZP pays monthly. The last distribution went ex on Sep 9, 2026 at $0.35 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Oct 7, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Funds near this one

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AMZP payout bar, ETFIQ

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Where AMZP is written about

AMZP, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open AMZP live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, AMZP, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/amzp Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources