YieldMax AAPL Option Income Strategy ETF (APLY)
The YieldMax AAPL Option Income Strategy ETF (APLY) is an actively managed fund focused on generating monthly income by selling call options on Apple Inc.'s stock (AAPL). While its primary goal is to produce current income, the fund also aims for limited exposure to AAPL's share price gains.
ETF Info
| ISIN | US88634T8577 |
|---|---|
| CUSIP | 88634T857 |
| Issuer | YieldMax |
| Inception Date | Apr 17, 2023 |
| Category | Options Trading |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | www.elevateshares.com |
| Asset Class | Alternatives |
Expense Ratio
APLY 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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Popular comparisons: APLY vs. TSLY, APLY vs. AAPL, APLY vs. OARK, APLY vs. MRNY, APLY vs. XOMO, APLY vs. AMZY, APLY vs. NVDA, APLY vs. SVOL, APLY vs. NVO, APLY vs. MSFT
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.
Returns By Period
YieldMax AAPL Option Income Strategy ETF had a return of 10.13% year-to-date (YTD) and 15.46% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.13% | 25.45% |
| 1 month | -0.57% | 2.91% |
| 6 months | 12.72% | 14.05% |
| 1 year | 15.46% | 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 APLY, 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 | -3.35% | -1.04% | -2.56% | 0.34% | 6.42% | 5.59% | 1.37% | 3.21% | 2.37% | -3.05% | 10.13% | ||
| 2023 | 1.32% | 5.30% | 7.25% | 2.05% | -7.04% | -8.06% | 1.04% | 8.34% | 2.03% | 11.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of APLY is 24, indicating that it is in the bottom 24% 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 YieldMax AAPL Option Income Strategy ETF (APLY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
YieldMax AAPL Option Income Strategy ETF provided a 24.10% dividend yield over the last twelve months, with an annual payout of $4.21 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $4.21 | $2.82 |
Dividend yield | 24.10% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.56 | $0.17 | $0.42 | $0.38 | $0.34 | $0.40 | $0.32 | $0.35 | $0.45 | $0.34 | $0.00 | $3.74 | |
| 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.
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 15.85%, occurring on Oct 26, 2023. Recovery took 160 trading sessions.
The current YieldMax AAPL Option Income Strategy ETF drawdown is 2.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.85% | Aug 1, 2023 | 62 | Oct 26, 2023 | 160 | Jun 17, 2024 | 222 |
| -9.44% | Jul 17, 2024 | 15 | Aug 6, 2024 | 38 | Sep 30, 2024 | 53 |
| -4.68% | Oct 23, 2024 | 8 | Nov 1, 2024 | — | — | — |
| -4.12% | Oct 1, 2024 | 5 | Oct 7, 2024 | 6 | Oct 15, 2024 | 11 |
| -3.18% | Jun 18, 2024 | 3 | Jun 21, 2024 | 4 | Jun 27, 2024 | 7 |
Volatility
Volatility Chart
The current YieldMax AAPL Option Income Strategy ETF volatility is 4.28%, 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.