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AAPY.DE vs. XY7D.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AAPY.DE vs. XY7D.DE

Last updated Jun 5, 2026

AAPY.DE (IncomeShares Apple (AAPL) Options ETP) and XY7D.DE (Global X S&P 500 Covered Call UCITS ETF Inc) are both exchange-traded funds - AAPY.DE is a Derivative Income fund actively managed by Leverage Shares, while XY7D.DE is a S&P 500 fund tracking the Cboe S&P 500 BuyWrite 15% WHT. AAPY.DE is actively managed, while XY7D.DE is passively managed. Over the past year, AAPY.DE returned 16.32% vs 12.07% for XY7D.DE. At a 0.36 correlation, their price movements are largely independent. AAPY.DE charges 0.55%/yr vs 0.45%/yr for XY7D.DE.

Performance

AAPY.DE vs. XY7D.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in IncomeShares Apple (AAPL) Options ETP (AAPY.DE) and Global X S&P 500 Covered Call UCITS ETF Inc (XY7D.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AAPY.DE achieves a 4.64% return, which is significantly higher than XY7D.DE's 4.40% return.

AAPY.DE

1D
-0.67%
1M
8.49%
YTD
4.64%
6M
2.11%
1Y
16.32%
3Y*
—
5Y*
—
10Y*
—

XY7D.DE

1D
-1.05%
1M
1.67%
YTD
4.40%
6M
4.80%
1Y
12.07%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

AAPY.DE vs. XY7D.DE - Yearly Performance Comparison

2026 (YTD)20252024
AAPY.DE
IncomeShares Apple (AAPL) Options ETP		4.64%-16.94%13.56%
XY7D.DE
Global X S&P 500 Covered Call UCITS ETF Inc		4.40%-5.34%5.16%

Correlation

The correlation between AAPY.DE and XY7D.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Nov 18, 2024

0.36

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

IncomeShares Apple (AAPL) Options ETP

Global X S&P 500 Covered Call UCITS ETF Inc

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Often compared with XY7D.DE:
XY7D.DE vs. XYLDXY7D.DE vs. QYLE.DEXY7D.DE vs. JEGP.LXY7D.DE vs. JEPIXY7D.DE vs. TLTWXY7D.DE vs. QYLDXY7D.DE vs. JGPI.DE

Return for Risk

AAPY.DE vs. XY7D.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AAPY.DE
AAPY.DE Risk / Return Rank: 1818
Overall Rank
AAPY.DE Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
AAPY.DE Sortino Ratio Rank: 1919
Sortino Ratio Rank
AAPY.DE Omega Ratio Rank: 2323
Omega Ratio Rank
AAPY.DE Calmar Ratio Rank: 1616
Calmar Ratio Rank
AAPY.DE Martin Ratio Rank: 1414
Martin Ratio Rank
XY7D.DE
XY7D.DE Risk / Return Rank: 4646
Overall Rank
XY7D.DE Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
XY7D.DE Sortino Ratio Rank: 3838
Sortino Ratio Rank
XY7D.DE Omega Ratio Rank: 3838
Omega Ratio Rank
XY7D.DE Calmar Ratio Rank: 6363
Calmar Ratio Rank
XY7D.DE Martin Ratio Rank: 5151
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.

AAPY.DE vs. XY7D.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Apple (AAPL) Options ETP (AAPY.DE) and Global X S&P 500 Covered Call UCITS ETF Inc (XY7D.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

AAPY.DEXY7D.DEDifference
Sharpe ratioReturn per unit of total volatility
0.50
1.37

-0.87

Sortino ratioReturn per unit of downside risk
0.92
1.95

-1.03

Omega ratioGain probability vs. loss probability

1.15

1.24

-0.10

Calmar ratioReturn relative to maximum drawdown

0.56

3.08

-2.53

Martin ratioReturn relative to average drawdown

1.11

8.63

-7.52

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAPY.DE vs. XY7D.DE - Sharpe Ratio Comparison

The current AAPY.DE Sharpe Ratio is 0.50, which is lower than the XY7D.DE Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of AAPY.DE and XY7D.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AAPY.DEXY7D.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.50

1.37

-0.87

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.03

0.34

-0.37

Drawdowns

AAPY.DE vs. XY7D.DE - Drawdown Comparison

The maximum AAPY.DE drawdown since its inception was -33.27%, which is greater than XY7D.DE's maximum drawdown of -20.79%. Use the drawdown chart below to compare losses from any high point for AAPY.DE and XY7D.DE.

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Drawdown Indicators

AAPY.DEXY7D.DEDifference

Max Drawdown

Largest peak-to-trough decline

-33.27%

-20.79%

-12.48%

Max Drawdown (1Y)

Largest decline over 1 year

-28.47%

-3.87%

-24.60%

Current Drawdown

Current decline from peak

-13.75%

-5.18%

-8.57%

Average Drawdown

Average peak-to-trough decline

-18.44%

-7.15%

-11.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.31%

1.39%

+12.92%

Volatility

AAPY.DE vs. XY7D.DE - Volatility Comparison

IncomeShares Apple (AAPL) Options ETP (AAPY.DE) has a higher volatility of 4.78% compared to Global X S&P 500 Covered Call UCITS ETF Inc (XY7D.DE) at 1.97%. This indicates that AAPY.DE's price experiences larger fluctuations and is considered to be riskier than XY7D.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AAPY.DEXY7D.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.78%

1.97%

+2.81%

Volatility (6M)

Calculated over the trailing 6-month period

18.12%

6.20%

+11.92%

Volatility (1Y)

Calculated over the trailing 1-year period

32.05%

8.71%

+23.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.25%

13.51%

+18.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.25%

13.51%

+18.74%

AAPY.DE vs. XY7D.DE - Expense Ratio Comparison

AAPY.DE has a 0.55% expense ratio, which is higher than XY7D.DE's 0.45% expense ratio.

Dividends

AAPY.DE vs. XY7D.DE - Dividend Comparison

AAPY.DE's dividend yield for the trailing twelve months is around 11.07%, more than XY7D.DE's 6.70% yield.

PositionTTM202520242023
AAPY.DE
IncomeShares Apple (AAPL) Options ETP		11.07%11.36%0.00%0.00%
XY7D.DE
Global X S&P 500 Covered Call UCITS ETF Inc		6.70%9.21%7.75%4.30%

Frequently Asked Questions

AAPY.DE and XY7D.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XY7D.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XY7D.DE is cheaper with a 0.45% expense ratio, compared with 0.55% for AAPY.DE.

AAPY.DE is categorized as Derivative Income, while XY7D.DE is S&P 500. They also come from different issuers: Leverage Shares and Global X. Their fees differ too: 0.55% for AAPY.DE and 0.45% for XY7D.DE.

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