Kurv Yield Premium Strategy Netflix (NFLX) ETF
Data updated: 2026-09-28
C000251594 — Kurv Yield Premium Strategy Netflix (NFLX) ETF. United States Large Cap Growth Equity · $6.00M AUM. Holdings, fees, performance and SEC filings.
C000251594 Fund Overview
Kurv Yield Premium Strategy Netflix (NFLX) ETF is a US ETF managed by Kurv ETF Trust, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Kurv ETF Trust
- Category: United States Large Cap Growth Equity
- Assets under management: $6.00M
- 1-year return: -33.3%
- SEC CIK: 0001782952
- SEC series ID: S000086188
- Share class ID: C000251594
C000251594 Investment Objective and Strategy
Kurv Yield Premium Strategy Netflix (NFLX) ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Kurv ETF Trust.
Investment objective
The Kurv Yield Premium Strategy Netflix (NFLX) ETF (the YP Netflix Fund) seeks to provide current income.
Principal investment strategy
The YP Netflix Fund is an actively managed exchange traded fund that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the common stock of Netflix Inc. (NFLX or the Underlying Security), subject to potential limits on investment gains. The YP Netflix Fund seeks to employ its investment strategy as it relates to NFLX in all market, economic, or other conditions. The YP Netflix Fund uses a synthetic covered call strategy, an uncovered call or put writing strategy, or a synthetic covered call spread strategy to provide (I) income derived from options premiums and (2) exposure to the share price returns of NFLX, subject to a limit on potential share price returns on NFLX as a result of the nature of the options strategy it employs.
To replicate the returns of the underlying stock, the Adviser will purchase at the money call options and sell put options with the same expiration date and the same strike price that may range from 1-12 months from expiry. The YP Netflix Fund from time to time may also invest directly in shares of NFLX. In implementing the strategy, the Adviser actively manages the direct and synthetic long position of the YP Netflix Fund, deciding among other things the pricing and expiry of the call and put options used. The combined exposure to NFLX shares created by synthetic long positions achieved through options and any direct investment in shares will not exceed 100% of the net assets of the YP Netflix Fund. ln addition, the Adviser makes active decisions for the YP Netflix Fund regarding how to gain long exposure via long stock positions or synthetic long positions or a combination of both.
Options contracts must be exercised or traded to close within a specified time frame before the options contract expires. To mitigate potential loss from NFLXs share price, the YP Netflix Fund may choose to sell (write) risk reversals instead of stand-alone call option contracts or buy out-of-the-money protective put options. Further, to gain price appreciation from NFLXs share price, the YP Netflix Fund may purchase call spreads. The YP Netflix Fund may hold cash and cash equivalents and/or the underlying stock from time to time when there are disruptions in the options markets making it difficult or impractical to employ a covered call strategy to synthetically track the underlying stock. In such situations, the YP Netflix Fund may better track the performance of the underlying stock by holding it directly until disruptions in the options markets cease.
In addition to achieving a long position in NFLX stock, either synthetically or through purchasing shares, the YP Netflix Fund will hold positions in NFLX options contracts as described below. For more information, see sections The YP Netflix Funds Use of NFLX Option Contracts and Synthetic Call and Put Strategy below. An investment in the YP Netflix Fund is not an investment in NFLX . The strategy employed to construct the YP Netflix Funds portfolio is designed to generate income; however the YP Netflix Fund may not fully participate in gains in NFLXs stock price. The use of options in the YP Netflix Funds strategy will limit any share price gains in NLFX but the YP Netflix Fund remains subject to all potential share price losses in NFLX which may not be offset by income the YP Netflix Fund receives .
The performance of the YP Netflix Funds shares may exceed, substantially track or trail the performance of NFLX because the options transactions that the YP Netflix Fund enters may outperform or underperform the underlying stocks performance. NFLX Option Contracts As part of the YP Netflix Funds synthetic covered call strategy, the YP Netflix Fund purchases and sells a combination of standardized exchange-traded and/or FLexible EXchange (FLEX) call and put option contracts that are based on the value of the price returns of NFLX. Standardized exchange-traded options include standardized terms. FLEX options are also exchange-traded, but they allow for customizable terms (e.g., the strike price can be negotiated). For more information on FLEX options, see Additional Information about the YP Netflix Fund-Exchange Traded Options Portfolio.
All options contracts used by the YP Netflix Fund are based on the value of NFLX, which gives the YP Netflix Fund the right or obligation to receive or deliver shares of NFLX on the expiration date of the applicable option contract in exchange for the stated strike price, depending on whether the option contract is a call option or a put option, and whether the YP Netflix Fund purchases or sells the option contract. The Adviser may actively manage the written and purchased call options prior to expiration to potentially capture gains and minimize losses for the YP Netflix Fund due to the movement of NFLX. Synthetic Call and Put Strategy In seeking to achieve its investment objective, the YP Netflix Fund implements a synthetic call and put strategy using either stock and/or the standardized exchange-traded and/or FLEX options described above.
The YP Netflix Funds strategies consists of the following elements, which are described in more detail below: ? Cash and/or Synthetic long exposure to NFLX , which allows the YP Netflix Fund to seek to participate in the changes, up or down, in the price of NFLXs stock. ? Covered call writing (where NFLX call options are sold against the cash and/or synthetic long portion of the strategy), which allows the YP Netflix Fund to generate income. ? Covered call writing (where NFLX call options are sold against the cash and/or synthetic long portion of the strategy), which allows the YP Netflix Fund to generate income. ? Call spreads which allows the YP Netflix Fund to seek increased participation in the potential appreciation of NFLXs share price, while still generating net premium income . ? Risk reversals or protective collars and protective puts which helps the YP Netflix Fund mitigate potential loss from NFLXs share price.
? Short-dated, fixed income instruments , which are used for collateral for the options, and which also generate income. Cash and/or Synthetic Long Exposure The YP Netflix Fund may gain long exposure via purchasing NFLX shares or creating a synthetic long position. To achieve a synthetic long exposure to NFLX, the YP Netflix Fund buys NFLX call options and, simultaneously, sells NFLX put options to try to replicate the price movements of NFLX. The combination of the long call options and sold put options seek to provide the YP Netflix Fund with investment exposure equal to approximately 100% of NFLX for the duration of the applicable options exposure. The call options the YP Netflix Fund buys and the put options it sells will be at the same strike price in the same amount and have the same expiration.
Covered Call Writing As part of its strategy, the YP Netflix Fund writes (sells) call option contracts on NFLX to generate income. If the YP Netflix Fund gains long exposure synthetically, since the YP Netflix Fund does not directly own NFLX, these written call options will be sold short (i.e., selling a position it does not currently own). It is important to note that the sale of the NFLX call option contracts will limit the YP Netflix Funds participation in the appreciation in NFLXs stock price. If the stock price of NFLX increases, the above-referenced synthetic and/or holding the underlying stock directly would allow the YP Netflix Fund to experience similar percentage gains. However, if NFLXs stock price appreciates beyond the strike price of one or more of the sold (short) call option contracts, the YP Netflix Fund will lose money on those short call positions, and the losses will, in turn, limit the upside return of the YP Netflix Funds synthetic and long stock exposure.
As a result, the YP Netflix Funds overall strategy (i.e., the combination of the synthetic and/or long stock exposure to NFLX and the sold (short) NFLX call positions) will limit the YP Netflix Funds participation in gains in the NFLX stock price beyond a certain point. When the YP Netflix Fund engages in covered call writing with respect to NFLX, it receives cash from the buyer of the call option who in exchange for that cash obtains the right to purchase NFLX on or before the expiration date at a predetermined price called the strike price. Writing covered call options is also considered long short. The notional principal amount of written call options will not exceed the principal amount of the synthetic or long stock position in NFLX. Call Spreads The Fund may write (sell) call or put spreads rather than stand-alone call option contracts to seek increased participation in the potential appreciation of NFLXs share price, while still generating net premium income.
In a call option spread, the YP Netflix Fund may sell (write) an out-of-the-money call option (above the current market price) while also purchasing another call option that is further out of the money. Risk Reversals or Protective Collars The YP Netflix Fund may write (sell) risk reversals rather than stand-alone call option contracts to seek to limit loss from NFLXs share price. The cost of this protection would be offset by the premiums earned from a written call option. In a risk reversal, the YP Netflix Fund may sell (write) an out-of-the-money call option (above the current market price) call option while simultaneously purchasing an out-of-the-money put option. Protective Put The YP Amazon Fund may purchase out-of-the-money protective put options to seek to limit loss from NFLXs share price.
The cost of protection may reduce the income generated in the portfolio. Short-dated Fixed Income and Foreign Exchange Instruments When writing options, the Fund is required to post collateral to assure its performance to the option buyer. The Fund will hold cash and cash-like instruments or high-quality short-term fixed income securities (collectively, Collateral). The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) government securities issued by G-10 countries (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom, and the United States); (3) money market funds; (4) fixed income ETFs; and/or (5) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by companies that are rated investment grade or of comparable quality.
The Adviser considers an unrated security to be of comparable quality to a security-rated investment grade if it believes it has a similar low risk of default. The Fund expects to invest in fixed income securities with low duration to minimize interest rate risk and the Funds exposure to foreign exchange to be less than 5% of its net assets. Kurv actively manages the Collateral held by the Fund with a view toward enhancing the Funds total return. Funds Monthly Distributions The YP Netflix Fund seeks to provide monthly income in the form of distributions to shareholders. The YP Netflix Fund seeks to generate such income which consists of two primary components, as follows: ? Premium from writing (selling) call option contracts on NFLX as described above. This income made on the YP Netflix Funds options transactions will depend on the volatility of NFLX and thus its price return.
NFLX stock, although other factors, including interest rates, will also impact the level of income. ? Interest from investing in short-term fixed income securities. This income will be driven by interest rates at the time of investment. ? In addition to the income-seeking methodologies stated in the Prospectus, the Funds use of Call Spreads may occasionally allow it to capture a substantial portion of any significant increase in the price of NFLX.
C000251594 Holdings
Top 4 holdings of Kurv Yield Premium Strategy Netflix (NFLX) ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 38.38% |
| Treasury Bill | 36.64% |
| Treasury Bill | 29.73% |
| Fidelity Government Portfolio | 1.90% |
C000251594 Portfolio Allocation
Asset-class allocation of Kurv Yield Premium Strategy Netflix (NFLX) ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 104.7% |
| Cash & Equivalents | 1.9% |
C000251594 Performance
Total returns for C000251594 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -13.5% |
| 1 year | -33.3% |
C000251594 Risk Information
Risk metrics for C000251594, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 30.5%
C000251594 Costs and Fees
C000251594 costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 1.15%
- Portfolio turnover: 0%
- Brokerage commissions: 38.80 bps of average net assets (SEC N-CEN)
C000251594 Cashflows
Over the 12 months to 2026-05, Kurv Yield Premium Strategy Netflix (NFLX) ETF had net outflows of $995.11K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$694.75K |
| 2026-04 | $304.18K |
| 2026-03 | −$279.23K |
| 2026-02 | $0 |
| 2026-01 | $482.84K |
| 2025-12 | −$573.27K |
C000251594 Debt Constituents
Largest debt holdings of Kurv Yield Premium Strategy Netflix (NFLX) ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 38.38% |
| Treasury Bill | 36.64% |
| Treasury Bill | 29.73% |
C000251594 Prospectus and SEC Filings
Official Kurv Yield Premium Strategy Netflix (NFLX) ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-09-28
- Prospectus (485BPOS) — filed 2025-09-29
- Prospectus supplement (497) — filed 2025-10-03
- Portfolio holdings (N-PORT) — filed 2026-07-30
- Portfolio holdings (N-PORT) — filed 2026-04-29
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2026-08-14
- Annual census (N-CEN) — filed 2025-08-14
Related Funds
Other United States Large Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.