Kurv Yield Premium Strategy Tesla TSLA ETF (TSLP) Performance
TSLP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −23.3% since Dec 31, 2025
- 1 year
- −23.3% total return
- Since first price
- +41.1% since 2023
TSLP trailing returns vs SPY, QQQ, AGG
| Period | TSLP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.2% | −4.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +16.3% | +8.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −4.1% | −15.0% | +7.8% | +8.4% | −1.5% |
| YTD | −23.3% | −37.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −23.3% | −40.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 27, 2023 | +41.1% | −40.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TSLP vs SPY
From Oct 27, 2023: TSLP grew to $14,106, SPY to $19,188.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TSLP returns by calendar year
2 of 2 full years positive. Best 2024 (+41.5%), worst 2025 (+9.8%). 2026 is year to date.
TSLP annual returns table
| Year | TSLP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −23.3% | −38.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.8% | −44.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +41.5% | −38.1% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TSLP largest drawdowns
Now 29.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 17, 2024 | −46.0% | Mar 10, 2025 | Oct 6, 2025 | 3 months | 10 months |
| Dec 22, 2025 | −42.5% | Jul 29, 2026 | not yet | 7 months | 10 months so far |
| Dec 27, 2023 | −40.2% | Apr 22, 2024 | Sep 27, 2024 | 4 months | 9 months |
| Nov 3, 2025 | −15.2% | Nov 21, 2025 | Dec 16, 2025 | 18 days | 43 days |
| Sep 30, 2024 | −14.6% | Oct 23, 2024 | Oct 24, 2024 | 23 days | 24 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TSLP risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +11.5% |
| Volatility (annualized) | 43.2% |
| Sharpe ratio | 0.37 |
| Sortino ratio | 0.54 |
| Best month | +24.2% |
| Worst month | −28.0% |
| Best 12 months | +87.4% |
| Worst 12 months | −24.2% |
| Positive months | 54% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TSLP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 25 | −25.4% | +28.3% | +87.4% | 84% |
| 3-year (a year) | 1 | +13.0% | +13.0% | +13.0% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
TSLP performance overview
Kurv Yield Premium Strategy Tesla TSLA ETF (TSLP) returned −23.3% over the past year, with distributions reinvested. Since its first recorded price on Oct 27, 2023 it has returned +41.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −46.0%, from Dec 17, 2024 to Mar 10, 2025, and it took 7 months to get back to the old high. Volatility has been 43.2% a year.
Related: TSLP chart, TSLP dividends. See the TSLP overview for the latest quote and fund facts.
TSLP performance FAQ
What is the TSLP return over the past year?
TSLP returned −23.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 40.4%.
How much would $10,000 invested in TSLP be worth?
$10,000 invested in TSLP at its first recorded close on October 27, 2023 would be worth about $14,106 on October 23, 2026 with distributions reinvested.
What was the worst year for TSLP?
The worst calendar year was 2025, with a total return of +9.8%. The best was 2024 at +41.5%.
What is the biggest drawdown of TSLP?
The largest peak-to-trough decline was −46.0% between December 17, 2024 and March 10, 2025. It recovered to the old high on October 6, 2025, 7 months after the bottom.
How volatile is TSLP?
Over the past history TSLP had an annualized volatility of 43.2% and a Sharpe ratio of 0.37 (excess return over 1–3 month T-bills per unit of risk).