ETF Evaluator:
Kurv High Income ETF ()
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(as of Nov 13)
Best Performing in Derivative Income - Diversified Over the Last Year
| 24.9% | Federated Hermes Enhanced Income ETF (PAYR) |
| 21.1% | Amplify COWS Covered Call ETF (HCOW) |
| 20.5% | Parametric Equity Premium Income ETF (PAPI) |
| 20.2% | First Trust Small Cp BuyWrt Inc ETF (FTKI) |
| 19.9% | Cullen Enhanced Equity Income ETF (DIVP) |
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ETF Details
Kurv High Income ETF Overview
Kurv High Income ETF (KYLD) is an actively managed Nontraditional Equity Derivative Income - Diversified exchange-traded fund (ETF). Kurv Investment Management LLC launched the ETF in 2025.
The investment seeks to provide high income.
The fund is an actively managed exchange-traded fund (“ETF”) that primarily invests its assets in U.S. and non-U.S. listed securities, including equity securities of U.S. and non-U.S. companies and ETFs, with an options market or derivative instruments (e.g. options) on such Listed Securities, as well as derivative instruments of indices. Listed Securities may also include other types of U.S. listed exchange-traded products. The fund is non-diversified.
About Kurv High Income ETF (KYLD)
There are 1 members of the management team with an average tenure of 1.00 years: Dominique Tersin (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Kurv High Income ETF has 62 securities in its portfolio. The top 10 holdings constitute 69.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Kurv High Income ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. Kurv High Income ETF has 27.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 41.9% There is 27.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 22.6% (22.1% domestic bond, 0.6% foreign bond and 0.0% convertible bond). Kurv High Income ETF has 8.0% of the portfolio in cash.
Assets Under Management
The fund has $47 million in total assets, which is below the $1 billion average for the Derivative Income - Diversified category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
KYLD Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Kurv High Income ETF expense ratio is high compared to funds in the Derivative Income - Diversified category. Kurv High Income ETF has an expense ratio of 1.08%, which is 48% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Kurv High Income ETF has a portfolio turnover rate of 12%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 65% for the Derivative Income - Diversified category.
Recently, in the month of October 2026, Kurv High Income ETF returned -12.1%, which earned it a grade of F, as the Derivative Income - Diversified category had an average return of -2.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Kurv High Income ETF has a trailing yield of 4.95%, which is below the 6.26% category average.
The fund normally distributes its income weekly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Kurv High Income ETF Grades
Year to date, the ETF has returned 1.0%, 8.0 percentage points worse than the category, which translates into a grade of F. The fund has returned -9.8% over the past year (grade of F).
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KYLD Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| KYLD Return (NAV) | -12.1% | -8.5% | -9.8% | na | na | na |
| KYLD Return (Price) | -12.5% | -8.7% | -10.4% | na | na | na |
| NAV +/- Price Return | 0.361% | 0.190% | 0.580% | na | na | na |
| Derivative Income - Diversified Avg | -2.0% | 0.9% | 10.1% | 16.5% | 8.1% | 8.1% |
| KYLD Grade (NAV) | F | F | F | na | na | na |
| +/- Category (NAV) | -10.2% | -9.4% | -19.9% | na | na | na |
| KYLD Tax-Cost Ratio | na | na | 1.7% | na | na | na |
KYLD Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| KYLD Return (NAV) | 1.0% | na | na | na | na | na | na | na | na | na | na |
| KYLD Return (Price) | 0.5% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.432% | na | na | na | na | na | na | na | na | na | na |
| Derivative Income - Diversified Avg | 8.9% | 13.8% | 15.9% | 16.3% | -11.8% | 19.1% | 3.7% | 19.2% | -5.9% | 14.0% | 7.1% |
| KYLD Grade (NAV) | F | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -8.0% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 5.0% |
| Total Assets: | $ 47 Mil |
| Share Class Assets: | $ 47 Mil |
| Turnover: | 12.0% |
| Expense Ratio: | 1.08% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Weekly |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 1.0 years | |||
| Average Tenure: 1.0 years | |||
| Managers (Year): Tersin Dominique (2025) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 62 |
| % in Top 10 Holdings: | 69.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 27.6% |
Portfolio Allocation |
|
| Domestic Stock: | 41.9% |
| Foreign Stock: | 27.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 22.1% |
| Foreign Bond: | 0.6% |
| Convertible Bond: | 0.0% |
| Other: | 0.5% |
| Cash: | 8.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Kurv Investment Management LLC |
| Phone Number: | 833-595-5878 |
| Website: | |
| Inception Date: | October 30, 2025 |
Expenses and Fees
| Expense Ratio (%): | 1.08% (Rating: High) |
| Category Average Expense Ratio (%): | 0.73% |
