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NFLPKurv Yield Premium Strategy Netflix ETF

Get income2y track recordRanked #1,486 of 1,622 in this goal

Seeks to provide current income while gaining exposure to Netflix's share price.

By Kurv Investment Management Inc. · Launched 2023

Annual Cost

0.99%

#4,898 of 5,562 · expensive

Fund Size

$6M

#4,977 of 5,562 · small

Dividend YieldGoal

24.53%

Track Record

2 years

#3,260 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$5,818-41.8%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 1 holdings = 1.9% of fundwell diversified

Fidelity Inv MM Government IFIGXX
1.9%

Asset allocation

Bonds
68.1%
Cash
34.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
33.6%High

Year-on-year price swings

Max drawdown
-45.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide current income while gaining exposure to Netflix's share price.
Strategy
Actively managed fund using synthetic covered call strategies and options to generate income from premiums while tracking Netflix's share price. May invest directly in NFLX shares and employs risk management techniques like selling risk reversals or buying protective puts.
Inception date
October 26, 2023
Fund family
Kurv Investment Management Inc.

Our take

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

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

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

Why we flagged this: strategy=option_income + option_income_strategy

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 2026-06-20