KEO
Kurv Equity Option Income ETF
weekly DividendsKEO Quick Stats
KEO vs Other Issuers
No other issuer in our coverage universe currently runs a weekly option-income fund on the same underlying exposure as KEO, so there is no direct cross-issuer equivalent to compare it against — Kurv is the only provider offering this exposure on a weekly distribution schedule today. The closest read-across is to other Kurv funds, which share the same option structure and distribution mechanics but reference different underlyings.
Fund Overview
KEO — Kurv Equity Option Income ETF — is a weekly-distribution ETF issued by Kurv that generates income by selling call options against its reference asset exposure. The fund targets investors seeking high-frequency cash flow from its reference asset exposure without holding the underlying directly. Distributions are paid weekly, with the ex-dividend date typically falling on a Saturday. The current annualized yield of 0.00% is calculated from the most recent weekly distribution of $0.0000 per share divided by the current share price of $25.62 and multiplied by 52. As with all option-income funds, the distribution rate reflects current implied volatility in its reference asset options — when volatility falls, distributions typically shrink. The fund has an undisclosed amount in assets under management and has returned 0.00% on a price basis year-to-date, excluding distributions.
Compared to similar Kurv funds, KEO ranks 2 out of 2 by current yield and 1 out of 2 by year-to-date price performance.
Annual Yield Calculations
Both figures start from the same per-period rate: the average of the last 3 distributions ($0.00) divided by the current price ($25.62) = 0.000% per week. The non-DRIP yield annualizes it simply; the DRIP yield compounds it over 52 periods.
WeeklyYield™ Actual Performance
How YTD & performance are calculated: YTD returns shown across WeeklyYield are price-only, using split-adjusted close-to-close prices from the first trading day of the calendar year to the latest close — the same method your brokerage uses. Dividends are tracked separately in the yield figures above. "Actual Non-DRIP" and "Actual DRIP" add distributions back in to show total return since the earliest price we have on record (n/a at n/a), using the same 0 distributions in both — non-DRIP collects them as cash, DRIP buys shares at each ex-date close. See full methodology →
Top Performer Score
Fund quality adjustment: ×0.44. Score is reduced for small AUM ($0.0M), short track record. Raw score before adjustment: 0.
Price History (1 Year)
About This ETF
How KEO Generates Income
KEO generates weekly income by selling call options on its reference asset or a synthetic equivalent. When the fund sells a call option, it collects a premium from the buyer — this premium is what funds the weekly distribution. The tradeoff is that the fund caps its upside: if its reference asset rallies sharply above the strike price, the fund does not fully participate in that gain. In a flat or declining market the income generation continues while the fund absorbs price losses similar to holding the underlying. The size of the weekly distribution directly reflects implied volatility in its reference asset options at the time the options were written — higher volatility means more expensive options and larger distributions, lower volatility means smaller ones. This makes the distribution variable week to week rather than fixed.
Distribution Composition and Tax Considerations
Not all of KEO's weekly distributions represent taxable income. Option-income funds frequently classify part of each distribution as return of capital (ROC), which is not taxable in the year received but reduces your cost basis in the fund. When your cost basis reaches zero, subsequent ROC distributions become taxable as capital gains. The exact composition of each distribution — ordinary income, qualified dividends, short-term capital gains, long-term capital gains, and return of capital — is reported annually on Form 1099-DIV and may not be known until after the tax year ends. Holding KEO in a tax-advantaged account (IRA, Roth IRA, 401k) eliminates the annual tax complexity entirely and is the approach most income-focused investors use for high-distribution funds.
Educational information only — not tax advice. See our after-tax dividend calculator to model your own situation.
Dividend History
No dividend history yet. Syncs hourly from Alpaca.
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Frequently Asked Questions About KEO
KEO pays weekly dividends.
KEO has paid an average of $0.0000 per share across its most recent 3 distributions. Its latest distribution was $0.0000 per share.
KEO's current annualized yield is 0.00%. This is calculated as the average of its last 3 distributions ($0.0000) divided by the current share price of $25.62, annualized over 52 periods. Reinvesting those distributions (DRIP) compounds the same rate: (1 + rate)^52 − 1.
Covered call and option-income ETF distributions vary week to week. KEO's actual total return figures on the fund's WeeklyYield page show total return net of NAV changes; high distribution rates can coincide with NAV decline, so investors should compare yield to actual total return before drawing conclusions. This is educational information, not investment advice.
Option-income ETF distributions are generally treated as ordinary income or return of capital, depending on the fund's structure and the underlying options strategy. For KEO's exact tax character, refer to the fund issuer's 19a-1 notices and year-end 1099-DIV. This is not tax advice.
More detail on how these numbers are calculated is on our methodology page.