Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AAPY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAPY
AAPY charges 0.99% annually. There are 145 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.28M | Nov 2024 | AAPY vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | AAPY vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | AAPY vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | AAPY vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 414.48M | Oct 2023 | AAPY vs PAPI |
Best Risk-Adjusted Alternatives to AAPY
AAPY has a PortfoliosLab risk / return rank of 61. There are 56 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | AAPY vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 474.96M | Oct 2022 | AAPY vs BUCK | |
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | AAPY vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 94 | 443.39M | Sep 2023 | AAPY vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 246.95M | Jul 2023 | AAPY vs GOOY |
Top Performing AAPY Alternatives (YTD)
AAPY is at 14.50% YTD. There are 36 ETFs in the Derivative Income category with higher YTD returns, going as high as 192.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 192.73% | 116.76M | Jul 2025 | AAPY vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 185.60% | 27.86M | Oct 2025 | AAPY vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 113.61% | 443.39M | Sep 2023 | AAPY vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 91.45% | 127.56M | Oct 2023 | AAPY vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 74.58% | 1.16B | Apr 2025 | AAPY vs CHPY |
Lowest Volatility Alternatives to AAPY
AAPY has 23.88% 1-year volatility. There are 162 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | AAPY vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.44% | 206.17M | Apr 2026 | AAPY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.85% | 88.48M | Feb 2025 | AAPY vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.26B | Dec 2015 | AAPY vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.05% | 726.94K | May 2026 | AAPY vs FIYY |
Lowest Drawdown Alternatives to AAPY
AAPY has a 1-year max drawdown of -14.47%. There are 96 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | AAPY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | AAPY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | AAPY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | AAPY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | AAPY vs OMAH |
Other ETFs from Kurv
The 10 most viewed Kurv ETFs shown here include KQQQ, KGLD, KSLV and span 8 categories. AUM among these funds goes as high as $100M.
Often Compared With AAPY
Investors most often compare AAPY with AAPL, APLY, BDGS. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare AAPY with Any Fund or Stock
Compare AAPY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAPY with funds that move differently
Kurv Yield Premium Strategy Apple (AAPL) ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAPY.
Explore AAPY Diversifiers