Looking for monthly income
with Google stock exposure?
GOOP vs GOOY
GOOP = Kurv Yield Premium Google ETF | GOOY = YieldMax GOOGL Option Income Strategy ETF
Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made solely on returns. The ETFs shown are not meant to be a representative sample of all Tesla exposure ETFs. An investor should consider the investment objectives, risks, charges, and expenses of the Funds carefully before investing. To obtain a prospectus containing this and other information, please click here. Read the prospectus carefully before investing. For standardized performance current to the most recent month end for GOOP, please call (833) 955-5878 or click here. All funds shown are managed differently and do not react the same to economic or market events. The investment objectives, strategies, policies or restrictions of other funds may differ, and more information can be found in their respective prospectuses. Therefore, we generally do not believe it is possible to make direct fund comparisons in an effort to highlight the benefits of a fund versus another. Main differences are covered call writing out-of-the-moneyness, frequency and expiry. More information regarding the differences in these securities or ETF investment strategies is available by clicking GOOP, GOOGL or GOOY. Source: US Bank, Morningstar 2024.
Volatility is a statistical measure of the dispersion of returns for a given security. It is often measured from either the standard deviation or variance between returns. In most cases, the higher the volatility, the riskier the security. Return/risk is also known as the risk/reward ratio, is a metric that compares the return of an investment to the amount of risk taken. It's used to help investors and traders assess the return and risk of a trade, and to manage their capital and risk of loss.
Comparative ETF Discussion
Past performance does not guarantee future results. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made solely on returns. The standardized performance of each ticker is shown below.
Liquidity: Because these Funds are ETFs, only a limited number of institutional investors (known as “Authorized Participants”) are authorized to purchase and redeem shares directly from the Fund. In addition, there may be a limited number of market makers and/or liquidity providers in the marketplace. To the extent either of the following events occur, shares of the Fund may trade at a material discount to their net asset value (“NAV”) per share and possibly face delisting: (i) Authorized Participants exit the business or otherwise become unable to process creation and/or redemption orders and no other Authorized Participants step forward to perform these services, or (ii) market makers and/or liquidity providers exit the business or significantly reduce their business activities and no other entities step forward to perform their functions.
Guarantees or Insurance: An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
The ETFs shown are not meant to be a representative sample of all equity income ETFs. All funds shown are managed differently and do not react the same to economic or market events. The investment objectives, strategies, policies or restrictions of other funds may differ, and more information can be found in their respective prospectuses. Therefore, we generally do not believe it is possible to make direct fund comparisons in an effort to highlight the benefits of a fund versus another.
Kurv Yield Premium Strategy Google Strategy ETF (GOOP): Investment Objective: The Fund seeks to provide current income while maintaining the opportunity for exposure to the share price of the common stock of Alphabet Inc., subject to a limit on potential investment gains. Expense Ratio: 0.99%
YieldMax GOOGL Option Income Strategy ETF (GOOY): Investment Objective: The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the share price of the common stock of Alphabet Inc. (“GOOGL”), subject to a limit on potential investment gains. Expense Ratio: 0.99%
Cumulative Total Return as of November 30, 2024
Quarterly Total Return as of September 30, 2024
How to Invest
Kurv Launches Six Inaugural Yield Premium ETFs Designed To Enhance Income Return For Single Stock Investments
Smart strategies focused on generating monthly cash flow through diversified sources including harvesting covered call option premiums, interest income, and dividends.
San Francisco, CA. (October 31, 2023): Kurv Investment Management LLC (“Kurv”), a single-stock ETF investment manager, has launched six yield premium ETFs that are focused on generating monthly income from multiple sources of cash flow, including writing call options and yields well above the dividend yield of the underlying stock. The strategies are intended to help investors generate attractive risk-adjusted returns in all market environments.
Kurv Yield Premium Strategy Tesla (TSLA) ETF (Ticker: TSLP)
Kurv Yield Premium Strategy Netflix (NFLX) ETF (Ticker: NFLP)
Kurv Yield Premium Strategy Apple (AAPL) ETF (Ticker: AAPY)
Kurv Yield Premium Strategy Google (GOOGL) ETF (Ticker: GOOP)
Kurv Yield Premium Strategy Amazon (AMZN) ETF (Ticker: AMZP)
Kurv Yield Premium Strategy Microsoft (MSFT) ETF (Ticker: MSFY)
Kurv is led by highly experienced and proven investment professionals with deep technical skills across different asset classes. The company leverages its deep industry knowledge to identify institutional hurdles to develop investment strategies and tools for investors of all sizes.
“Our goal at Kurv is to expand access to highly specialized investment strategies among all investors and their advisors by removing structural barriers and reducing costs, allowing them to focus on generating total return,” said Howard Chan, Kurv’s Founder and CEO. “In these strategies— unlike others managers in the space—Kurv looks to manage our products in a steady, disciplined manner with the goal of creating predictable, consistent cash flow, in balance with price return potential and without being a detriment to fund assets.” added Mr. Chan.
Benefits of Kurv’s Yield Premium Strategy ETF:
- Enhanced income strategies focused on generating monthly cash flow through diversified sources, including harvesting covered call option premiums, dividends, and interest income
- Diversified sources of income: covered call premium harvesting, dividends, interest income
- Lower beta to underlying stock exposure; can be used as a defensive substitute for single stock investments
- Dynamic optimization: balance between income vs. capital appreciation
- Options-based strategies offer tax advantages
Bio of Kurv’s Founder and CEO: Mr. Chan is an experienced leader in the investment management industry with wide-ranging expertise across asset classes and instruments. He most recently worked with large asset managers to develop strategic business and investment strategies. Previously, he built and scaled a $5.5 billion UCITS ETF business and managed global fixed-income businesses at PIMCO as well as previous senior-level experience at Goldman Sachs Asset Management in asset allocation for institutional and private wealth clients. He has more than 20 years of investment and finance industry experience and holds both undergraduate and graduate degrees from the Massachusetts Institute of Technology.
About Kurv: Kurv is an investment manager that believes all investors should have access to the same portfolio tools, technology and best practices as the largest institutional investors. The firm was founded on the principle of creating simplified and cost-effective investment solutions to address issues and challenges that investors and their advisors face on the path to reaching their investment goals. Kurv combines decades of ETF experience with macroeconomic insights to inform its investment strategies.
Media contact:
Press@kurvinvest.com
213-705-8454
Kurv Investment Management is not affiliated with these financial service firms. Their listing should not be viewed as a recommendation or endorsement. By clicking the links below, you are leaving this website and going to a third-party site. Kurv Investment Management is not responsible for content on third-party sites.