TSLP vs. KYLD

Last updated Jun 4, 2026

TSLP (Kurv Yield Premium Strategy Tesla ETF) and KYLD (Kurv High Income ETF) are both Derivative Income funds from Kurv. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. TSLP charges 0.99%/yr vs 1.00%/yr for KYLD.

Performance

TSLP vs. KYLD - Performance Comparison

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

Returns By Period

In the year-to-date period, TSLP achieves a -8.72% return, which is significantly lower than KYLD's 18.37% return.

TSLP

• 1D: 0.04%
• 1M: 7.73%
• YTD: -8.72%
• 6M: -8.30%
• 1Y: 15.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KYLD

• 1D: 0.00%
• 1M: 10.94%
• YTD: 18.37%
• 6M: 13.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLP vs. KYLD - Yearly Performance Comparison

	2026 (YTD)	2025
TSLP Kurv Yield Premium Strategy Tesla ETF	-8.72%	-2.71%
KYLD Kurv High Income ETF	18.37%	-10.91%

Correlation

The correlation between TSLP and KYLD is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.56

Return for Risk

TSLP vs. KYLD — Risk / Return Rank

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

TSLP

TSLP Risk / Return Rank: 15
TSLP Sharpe Ratio Rank: 14
TSLP Sortino Ratio Rank: 15
TSLP Omega Ratio Rank: 16
TSLP Calmar Ratio Rank: 15
TSLP Martin Ratio Rank: 14

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. KYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Tesla ETF (TSLP) and Kurv High Income ETF (KYLD). 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	KYLD	Difference
Sharpe ratio: Return per unit of total volatility	0.37	—	—
Sortino ratio: Return per unit of downside risk	0.76	—	—
Omega ratio: Gain probability vs. loss probability	1.10	—	—
Calmar ratio: Return relative to maximum drawdown	0.49	—	—
Martin ratio: Return relative to average drawdown	1.20	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TSLP	KYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.29	+0.17

Drawdowns

TSLP vs. KYLD - Drawdown Comparison

The maximum TSLP drawdown since its inception was -46.00%, which is greater than KYLD's maximum drawdown of -20.69%. Use the drawdown chart below to compare losses from any high point for TSLP and KYLD.

Drawdown Indicators

	TSLP	KYLD	Difference
Max Drawdown Largest peak-to-trough decline	-46.00%	-20.69%	-25.31%
Max Drawdown (1Y) Largest decline over 1 year	-32.00%	—	—
Current Drawdown Current decline from peak	-15.68%	0.00%	-15.68%
Average Drawdown Average peak-to-trough decline	-15.73%	-8.57%	-7.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.16%	—	—

Volatility

Volatility by Period

	TSLP	KYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	42.87%	32.84%	+10.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.60%	32.84%	+15.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.60%	32.84%	+15.76%

TSLP vs. KYLD - Expense Ratio Comparison

TSLP has a 0.99% expense ratio, which is lower than KYLD's 1.00% expense ratio.

Dividends

TSLP vs. KYLD - Dividend Comparison

TSLP's dividend yield for the trailing twelve months is around 30.32%, more than KYLD's 17.05% yield.

Position	TTM	2025	2024	2023
KYLD Kurv High Income ETF	17.05%	6.14%	0.00%	0.00%
TSLP Kurv Yield Premium Strategy Tesla ETF	30.32%	31.05%	21.82%	4.39%

Frequently Asked Questions

Can I hold both TSLP and KYLD in my portfolio?

TSLP and KYLD have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSLP or KYLD?

On fees, TSLP is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLP or KYLD?

TSLP is cheaper with a 0.99% expense ratio, compared with 1.00% for KYLD.

Which ETF pays a higher dividend yield, TSLP or KYLD?

TSLP has the higher dividend yield at 30.32%, compared with 17.05% for KYLD.

What is the main difference between TSLP and KYLD?

Their fees differ too: 0.99% for TSLP and 1.00% for KYLD.