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YieldMax AAPL Option Income Strategy ETF (APLY)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US88634T8577
CUSIP
88634T857
Issuer
YieldMax
Inception Date
Apr 17, 2023
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Alternatives

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in YieldMax AAPL Option Income Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

YieldMax AAPL Option Income Strategy ETF (APLY) has returned -5.57% so far this year and 10.00% over the past 12 months.


YieldMax AAPL Option Income Strategy ETF

1D
3.07%
1M
-2.08%
YTD
-5.57%
6M
-0.24%
1Y
10.00%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 18, 2023, APLY's average daily return is +0.05%, while the average monthly return is +0.84%. At this rate, your investment would double in approximately 6.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Aug 2025 with a return of +8.7%, while the worst month was Sep 2023 at -8.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, APLY closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +13.7%, while the worst single day was Apr 3, 2025 at -8.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-4.13%0.59%-2.08%-5.57%
2025-5.42%2.29%-7.10%-3.49%-4.04%1.34%2.77%8.68%5.19%4.12%3.62%-2.09%4.69%
2024-3.35%-1.04%-2.56%0.34%6.42%5.59%1.37%3.21%2.37%-3.05%5.39%3.15%18.62%
20231.32%5.30%7.25%2.05%-7.04%-8.06%1.04%8.34%2.03%11.44%

Benchmark Metrics

YieldMax AAPL Option Income Strategy ETF has an annualized alpha of -3.93%, beta of 0.93, and R² of 0.43 versus S&P 500 Index. Calculated based on daily prices since April 19, 2023.

  • This ETF participated in 87.46% of S&P 500 Index downside but only 65.89% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.43 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
-3.93%
Beta
0.93
0.43
Upside Capture
65.89%
Downside Capture
87.46%

Expense Ratio

APLY has a high expense ratio of 0.99%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

APLY ranks 24 for risk / return — below 24% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


APLY Risk / Return Rank: 2424
Overall Rank
APLY Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
APLY Sortino Ratio Rank: 2424
Sortino Ratio Rank
APLY Omega Ratio Rank: 2525
Omega Ratio Rank
APLY Calmar Ratio Rank: 2424
Calmar Ratio Rank
APLY Martin Ratio Rank: 2525
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for YieldMax AAPL Option Income Strategy ETF (APLY) and compare them to a chosen benchmark (S&P 500 Index).


APLYBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.37

0.90

-0.52

Sortino ratio

Return per unit of downside risk

0.73

1.39

-0.65

Omega ratio

Gain probability vs. loss probability

1.11

1.21

-0.10

Calmar ratio

Return relative to maximum drawdown

0.56

1.40

-0.84

Martin ratio

Return relative to average drawdown

1.93

6.61

-4.67

Explore APLY risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

YieldMax AAPL Option Income Strategy ETF provided a 38.63% dividend yield over the last twelve months, with an annual payout of $4.54 per share. The fund has been increasing its distributions for 2 consecutive years.


15.00%20.00%25.00%30.00%35.00%$0.00$1.00$2.00$3.00$4.00$5.00202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$4.54$4.85$4.50$2.82

Dividend yield

38.63%36.38%24.95%14.36%

Monthly Dividends

The table displays the monthly dividend distributions for YieldMax AAPL Option Income Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.24$0.38$0.23$0.85
2025$0.28$0.53$0.34$0.30$0.65$0.31$0.68$0.35$0.36$0.42$0.34$0.28$4.85
2024$0.56$0.17$0.42$0.38$0.34$0.40$0.32$0.35$0.45$0.34$0.33$0.42$4.50
2023$0.29$0.63$0.56$0.23$0.48$0.17$0.47$2.82

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the YieldMax AAPL Option Income Strategy 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 YieldMax AAPL Option Income Strategy ETF was 30.41%, occurring on Apr 8, 2025. Recovery took 139 trading sessions.

The current YieldMax AAPL Option Income Strategy ETF drawdown is 8.85%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.41%Dec 27, 202469Apr 8, 2025139Oct 27, 2025208
-15.85%Aug 1, 202362Oct 26, 2023160Jun 17, 2024222
-11.76%Dec 4, 202573Mar 20, 2026
-9.44%Jul 17, 202415Aug 6, 202438Sep 30, 202453
-4.68%Oct 23, 20248Nov 1, 202416Nov 25, 202424

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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