TSLP vs. CRSH

Last updated Apr 1, 2026

Compare and contrast key facts about Kurv Yield Premium Strategy Tesla ETF (TSLP) and YieldMax Short TSLA Option Income Strategy ETF (CRSH).

TSLP and CRSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLP is an actively managed fund by Kurv. It was launched on Oct 26, 2023. CRSH is an actively managed fund by YieldMax. It was launched on May 1, 2024.

Performance

TSLP vs. CRSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Tesla ETF (TSLP) and YieldMax Short TSLA Option Income Strategy ETF (CRSH). The values are adjusted to include any dividend payments, if applicable.

TSLP vs. CRSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TSLP Kurv Yield Premium Strategy Tesla ETF	-19.02%	9.77%	81.26%
CRSH YieldMax Short TSLA Option Income Strategy ETF	20.49%	-13.40%	-51.96%

Returns By Period

In the year-to-date period, TSLP achieves a -19.02% return, which is significantly lower than CRSH's 20.49% return.

TSLP

• 1D: 5.94%
• 1M: -8.81%
• YTD: -19.02%
• 6M: -15.84%
• 1Y: 30.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRSH

• 1D: -3.11%
• 1M: 7.70%
• YTD: 20.49%
• 6M: 22.66%
• 1Y: -25.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TSLP vs. CRSH - Expense Ratio Comparison

Both TSLP and CRSH have an expense ratio of 0.99%.

TSLP

Kurv Yield Premium Strategy Tesla ETF

CRSH

YieldMax Short TSLA Option Income Strategy ETF

Return for Risk

TSLP vs. CRSH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSLP

TSLP Risk / Return Rank: 38
TSLP Sharpe Ratio Rank: 36
TSLP Sortino Ratio Rank: 44
TSLP Omega Ratio Rank: 39
TSLP Calmar Ratio Rank: 40
TSLP Martin Ratio Rank: 33

CRSH

CRSH Risk / Return Rank: 4
CRSH Sharpe Ratio Rank: 3
CRSH Sortino Ratio Rank: 3
CRSH Omega Ratio Rank: 3
CRSH Calmar Ratio Rank: 4
CRSH Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSLP vs. CRSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Tesla ETF (TSLP) and YieldMax Short TSLA Option Income Strategy ETF (CRSH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TSLP	CRSH	Difference
Sharpe ratio Return per unit of total volatility	0.63	-0.60	+1.23
Sortino ratio Return per unit of downside risk	1.16	-0.63	+1.79
Omega ratio Gain probability vs. loss probability	1.15	0.92	+0.23
Calmar ratio Return relative to maximum drawdown	0.95	-0.50	+1.45
Martin ratio Return relative to average drawdown	2.76	-0.68	+3.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSLP vs. CRSH - Sharpe Ratio Comparison

The current TSLP Sharpe Ratio is 0.63, which is higher than the CRSH Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of TSLP and CRSH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TSLP	CRSH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	-0.60	+1.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	-0.63	+1.00

Correlation

The correlation between TSLP and CRSH is -0.93. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

TSLP vs. CRSH - Dividend Comparison

TSLP's dividend yield for the trailing twelve months is around 32.14%, less than CRSH's 98.84% yield.

	TTM	2025	2024	2023
TSLP Kurv Yield Premium Strategy Tesla ETF	32.14%	31.05%	21.82%	4.39%
CRSH YieldMax Short TSLA Option Income Strategy ETF	98.84%	138.78%	94.25%	0.00%

Drawdowns

TSLP vs. CRSH - Drawdown Comparison

The maximum TSLP drawdown since its inception was -46.00%, smaller than the maximum CRSH drawdown of -63.68%. Use the drawdown chart below to compare losses from any high point for TSLP and CRSH.

Drawdown Indicators

	TSLP	CRSH	Difference
Max Drawdown Largest peak-to-trough decline	-46.00%	-63.68%	+17.68%
Max Drawdown (1Y) Largest decline over 1 year	-29.39%	-48.16%	+18.77%
Current Drawdown Current decline from peak	-25.19%	-52.59%	+27.40%
Average Drawdown Average peak-to-trough decline	-15.36%	-41.89%	+26.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.17%	35.17%	-25.00%

Volatility

TSLP vs. CRSH - Volatility Comparison

Kurv Yield Premium Strategy Tesla ETF (TSLP) has a higher volatility of 12.83% compared to YieldMax Short TSLA Option Income Strategy ETF (CRSH) at 8.04%. This indicates that TSLP's price experiences larger fluctuations and is considered to be riskier than CRSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLP	CRSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.83%	8.04%	+4.79%
Volatility (6M) Calculated over the trailing 6-month period	28.17%	23.39%	+4.78%
Volatility (1Y) Calculated over the trailing 1-year period	47.99%	42.40%	+5.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.94%	48.40%	+0.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.94%	48.40%	+0.54%