TSLP vs. NFLP

Last updated Jun 23, 2026

TSLP (Kurv Yield Premium Strategy Tesla ETF) and NFLP (Kurv Yield Premium Strategy Netflix ETF) are both Derivative Income funds from Kurv. Both are actively managed. Over the past year, TSLP returned 15.32% vs -46.09% for NFLP. At a 0.25 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

TSLP vs. NFLP - Performance Comparison

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

Returns By Period

In the year-to-date period, TSLP achieves a -13.49% return, which is significantly higher than NFLP's -28.63% return.

TSLP

• 1D: 1.10%
• 1M: -5.53%
• YTD: -13.49%
• 6M: -20.09%
• 1Y: 15.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFLP

• 1D: -6.68%
• 1M: -20.17%
• YTD: -28.63%
• 6M: -28.08%
• 1Y: -46.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLP vs. NFLP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TSLP Kurv Yield Premium Strategy Tesla ETF	-13.49%	9.77%	41.53%	18.37%
NFLP Kurv Yield Premium Strategy Netflix ETF	-28.63%	-1.54%	53.24%	13.91%

Correlation

The correlation between TSLP and NFLP is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023	0.25

The correlation between TSLP and NFLP shifts across timeframes, from 0.09 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TSLP vs. NFLP — Risk / Return Rank

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

TSLP

TSLP Risk / Return Rank: 14
TSLP Sharpe Ratio Rank: 14
TSLP Sortino Ratio Rank: 15
TSLP Omega Ratio Rank: 15
TSLP Calmar Ratio Rank: 14
TSLP Martin Ratio Rank: 13

NFLP

NFLP Risk / Return Rank: 0
NFLP Sharpe Ratio Rank: 0
NFLP Sortino Ratio Rank: 0
NFLP Omega Ratio Rank: 0
NFLP Calmar Ratio Rank: 1
NFLP Martin Ratio Rank: 0

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. NFLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Tesla ETF (TSLP) and Kurv Yield Premium Strategy Netflix ETF (NFLP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TSLP	NFLP	Difference
Sharpe ratio: Return per unit of total volatility	0.37	-1.35	+1.72
Sortino ratio: Return per unit of downside risk	0.78	-2.11	+2.89
Omega ratio: Gain probability vs. loss probability	1.09	0.73	+0.36
Calmar ratio: Return relative to maximum drawdown	0.48	-0.94	+1.42
Martin ratio: Return relative to average drawdown	1.11	-1.75	+2.87

TSLP vs. NFLP - Sharpe Ratio Comparison

The current TSLP Sharpe Ratio is 0.37, which is higher than the NFLP Sharpe Ratio of -1.35. The chart below compares the historical Sharpe Ratios of TSLP and NFLP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSLP vs. NFLP - Drawdown Comparison

The maximum TSLP drawdown since its inception was -46.00%, smaller than the maximum NFLP drawdown of -49.06%. Use the drawdown chart below to compare losses from any high point for TSLP and NFLP.

Drawdown Indicators

	TSLP	NFLP	Difference
Max Drawdown Largest peak-to-trough decline	-46.00%	-49.06%	+3.06%
Max Drawdown (1Y) Largest decline over 1 year	-32.00%	-49.06%	+17.06%
Current Drawdown Current decline from peak	-20.09%	-49.06%	+28.97%
Average Drawdown Average peak-to-trough decline	-15.80%	-10.33%	-5.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.81%	26.29%	-12.48%

Volatility

TSLP vs. NFLP - Volatility Comparison

Kurv Yield Premium Strategy Tesla ETF (TSLP) has a higher volatility of 14.61% compared to Kurv Yield Premium Strategy Netflix ETF (NFLP) at 9.07%. This indicates that TSLP's price experiences larger fluctuations and is considered to be riskier than NFLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLP	NFLP	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.61%	9.07%	+5.54%
Volatility (6M) Calculated over the trailing 6-month period	30.25%	27.84%	+2.41%
Volatility (1Y) Calculated over the trailing 1-year period	41.62%	34.30%	+7.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.73%	29.09%	+19.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.73%	29.09%	+19.64%

TSLP vs. NFLP - Expense Ratio Comparison

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

Dividends

TSLP vs. NFLP - Dividend Comparison

TSLP's dividend yield for the trailing twelve months is around 29.25%, less than NFLP's 29.72% yield.

Position	TTM	2025	2024	2023
NFLP Kurv Yield Premium Strategy Netflix ETF	29.72%	26.56%	19.87%	3.21%
TSLP Kurv Yield Premium Strategy Tesla ETF	29.25%	31.05%	21.82%	4.39%

Frequently Asked Questions

Can I hold both TSLP and NFLP in my portfolio?

TSLP and NFLP have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSLP or NFLP?

TSLP has higher volatility (14.61%) compared to NFLP (9.07%). In terms of maximum drawdown, TSLP dropped -46.00% vs NFLP's -49.06%.

Which ETF is better, TSLP or NFLP?

On 1-year performance, TSLP leads with 15.32% vs -46.09% for NFLP. Both ETFs have the same 0.99% expense ratio. On volatility, NFLP has been the lower-risk option at 9.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSLP or NFLP?

Over the 1-year period, TSLP has performed better with a 15.32% return vs -46.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSLP or NFLP?

TSLP and NFLP have the same expense ratio: 0.99% per year.

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

NFLP has the higher dividend yield at 29.72%, compared with 29.25% for TSLP.

Which has better risk-adjusted returns?

TSLP currently has the higher Sharpe Ratio (0.37 vs -1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.