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AMZPKurv Yield Premium Strategy Amazon ETF

Get income2y track recordRanked #1,406 of 1,650 in this goal

Seeks to provide current income and exposure to Amazon's share price, subject to limits on potential gains.

By Kurv Investment Management LLC · Launched 2023

Annual Cost

0.99%

#5,127 of 5,861 · expensive

Fund Size

$20M

#4,470 of 5,861 · small

Dividend YieldGoal

5.65%

Track Record

2 years

#3,184 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,282+12.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 1 holdings = 1.6% of fundwell diversified

Fidelity Inv MM Government IFIGXX
1.6%

Asset allocation

Bonds
65.4%
Cash
33.6%
Stocks
1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
34.0%High

Year-on-year price swings

Max drawdown
-27.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide current income and exposure to Amazon's share price, subject to limits on potential gains.
Strategy
Actively managed fund using synthetic covered call strategies and options writing to generate income from Amazon.com, Inc. shares. May invest directly in AMZN and employs a combination of long stock positions and synthetic long positions, managing exposure to not exceed 100% of net assets.
Inception date
October 30, 2023
Fund family
Kurv Investment Management LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04