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XSHPKurv SpaceX Enhanced Income ETF

Get incomeNewRanked #1,525 of 1,650 in this goal

Seeks to provide current income.

By Kurv Investment Management LLC · Launched 2026

Annual Cost

0.99%

#5,121 of 5,853 · expensive

Fund Size

$2M

#5,529 of 5,853 · small

Dividend YieldGoal

Track Record

2 months

#5,689 of 5,853 · young

Performance

Total-return NAV · USD
Growth of $10,000
$6,062-39.4%

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 = 5.9% of fundwell diversified

Fidelity Inv MM Government IFIGXX
5.9%

Asset allocation

Bonds
120.9%
Cash
18.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-40.8%Severe

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.
Strategy
Primarily invests in common stock of Space Exploration Technologies Corp. (SpaceX) and derivatives to generate current income. Employs covered call writing and invests in U.S. and non-U.S. fixed income instruments.
Inception date
June 16, 2026
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 2026-08-02