Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY)
AAPY is an actively managed ETF by Kurv. AAPY launched on Oct 26, 2023 and has a 0.99% expense ratio.
ETF Info
| Issuer | Kurv |
|---|---|
| Inception Date | Oct 26, 2023 |
| Category | Large Cap Blend Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Expense Ratio
AAPY has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Kurv Yield Premium Strategy Apple (AAPL) ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Kurv Yield Premium Strategy Apple (AAPL) ETF had a return of 11.38% year-to-date (YTD) and 14.19% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.38% | 25.45% |
| 1 month | -0.47% | 2.91% |
| 6 months | 13.81% | 14.05% |
| 1 year | 14.19% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of AAPY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.52% | -1.57% | -4.06% | -0.38% | 9.25% | 5.70% | 2.67% | 3.55% | 2.13% | -2.15% | 11.38% | ||
| 2023 | 1.21% | 6.47% | 1.36% | 9.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AAPY is 23, indicating that it is in the bottom 23% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Kurv Yield Premium Strategy Apple (AAPL) ETF provided a 11.84% dividend yield over the last twelve months, with an annual payout of $3.19 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $3.19 | $0.58 |
Dividend yield | 11.84% | 2.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Kurv Yield Premium Strategy Apple (AAPL) ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.24 | $0.23 | $0.23 | $0.22 | $0.24 | $0.27 | $0.28 | $0.30 | $0.30 | $0.29 | $0.00 | $2.61 | |
| 2023 | $0.33 | $0.25 | $0.58 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Kurv Yield Premium Strategy Apple (AAPL) ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Kurv Yield Premium Strategy Apple (AAPL) ETF was 12.78%, occurring on Apr 19, 2024. Recovery took 36 trading sessions.
The current Kurv Yield Premium Strategy Apple (AAPL) ETF drawdown is 3.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.78% | Jan 24, 2024 | 61 | Apr 19, 2024 | 36 | Jun 11, 2024 | 97 |
| -8.28% | Jul 17, 2024 | 15 | Aug 6, 2024 | 10 | Aug 20, 2024 | 25 |
| -6.43% | Dec 18, 2023 | 13 | Jan 5, 2024 | 11 | Jan 23, 2024 | 24 |
| -5.03% | Oct 22, 2024 | 10 | Nov 4, 2024 | — | — | — |
| -4.87% | Aug 30, 2024 | 11 | Sep 16, 2024 | 3 | Sep 19, 2024 | 14 |
Volatility
Volatility Chart
The current Kurv Yield Premium Strategy Apple (AAPL) ETF volatility is 4.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.