TSLP Kurv Yield Premium Strategy Tesla (TSLA) ETF
Synthetic covered call on TSLA, paying monthly
Over the year to Sep 11, 2026, TSLP paid 23.2% in cash and still finished 9.1 points behind TSLA.
Key facts
ETFIQ Return Stability Score
43.541st of 61
TSLP paid 23.2% in cash. Its price fell 30.0%, so 100% of what you were paid came back out of your own capital.
Was the payout funded by returns, or by your own capital?
25.4% of the 61 sit at or below TSLP on this measure.
61.5% of the 61 sit at or below TSLP 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 it measures | This fund | Its percentile | Weight |
|---|---|---|---|
| against its benchmark | −9.1 pts | 25.4 | 50% |
| what happened to the principal | −30.0% | 61.5 | 50% |
5th of 6 income ETFs writing on TSLA, by return against it
What a holder got
Over the year to Sep 11, 2026, TSLP returned −10.0% with distributions reinvested and Tesla (TSLA) returned −0.9%, so a holder came out behind it by 9.1 points. The lighter segment is the 23.2% that arrived as cash rather than as price.
Period by period
| Window | Cash paid | Price | Total return | TSLA | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 5.2% | −18.3% | −12.9% | −10.1% | −2.8 pts |
| 6 months | 10.7% | −22.4% | −12.1% | −6.6% | −5.5 pts |
| 1 year | 23.2% | −30.0% | −10.0% | −0.9% | −9.1 pts |
| Since launch | 75.0% | −40.1% | +38.1% | +76.3% | −38.2 pts |
When TSLP pays
TSLP pays monthly. The last distribution was $0.32 a share, which went ex on Sep 2, 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 Sep 30, 2026; that date is an ETFIQ projection, not the issuer’s.
| Ex-date | Pay date | Amount | Basis |
|---|---|---|---|
| Sep 30, 2026 | Oct 2, 2026 | $0.32 | ETFIQ projection from the fund’s own cadence |
| Oct 28, 2026 | Oct 30, 2026 | $0.32 | ETFIQ projection from the fund’s own cadence |
Every distribution ETFIQ holds for TSLP (13, most recent first)
| Ex-date | Amount |
|---|---|
| Sep 2, 2026 | $0.32 |
| Aug 5, 2026 | $0.32 |
| Jul 8, 2026 | $0.32 |
| Jun 3, 2026 | $0.35 |
| May 6, 2026 | $0.35 |
| Apr 8, 2026 | $0.4 |
| Mar 4, 2026 | $0.4 |
| Feb 4, 2026 | $0.5 |
| Jan 7, 2026 | $0.5 |
| Dec 3, 2025 | $0.5 |
| Nov 5, 2025 | $0.5 |
| Oct 8, 2025 | $0.5 |
| Sep 3, 2025 | $0.45 |
Every income ETF going ex-dividend in the next fortnight
In plain words
Since it launched on Oct 27, 2023, TSLP has returned +38.1% with distributions reinvested, against +76.3% for Tesla (TSLA), and has paid out 75.0% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 25.6%. Kurv estimates that 90% of the distribution paid Sep 3, 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.
| Strategy | synthetic covered call |
|---|---|
| Benchmark | Tesla (TSLA) |
| Pays | monthly |
| Net assets (issuer page, as of Sep 11, 2026) | $17m |
| Latest payout, annualized (ETFIQ) | 25.6% |
| Expense ratio | not read by ETFIQ |
| Cash paid, last 12 months, over today’s price (ETFIQ) | 33.1% |
| Launched | Oct 27, 2023 |
| Return of capital, latest distribution (Kurv 19a-1 estimate) | 90.0% |
| Pays | monthly |
| Typical gap between ex-dates | 28 days |
| Typical wait from ex-date to payment | 2 days |
| Last paid, per share | $0.32 ex Sep 2, 2026 |
| Sum of the last 12 distributions | $4.96 |
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 TSLP paid over the last year?
- Over the year to Sep 11, 2026, TSLP paid 23.2% of its starting price in cash distributions, while the price fell 30.0%.
- Is TSLP ahead of TSLA?
- Over the year to Sep 11, 2026, with every distribution reinvested, TSLP returned −10.0% against −0.9% for Tesla (TSLA), so a holder was behind it by 9.1 points.
- How often does TSLP pay, and how much?
- TSLP pays monthly. The latest distribution annualizes to 25.6% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
- Is the TSLP distribution return of capital?
- Kurv estimates 90% of the distribution paid Sep 3, 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 TSLP next pay a distribution?
- TSLP pays monthly. The last distribution went ex on Sep 2, 2026 at $0.32 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 30, 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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Where TSLP is written about
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Cite this page. ETFIQ, TSLP, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/tslp Free to use with attribution; the underlying files are at Open data.