AAPY vs. APLY
Compare and contrast key facts about Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and YieldMax AAPL Option Income Strategy ETF (APLY).
AAPY and APLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAPY is an actively managed fund by Kurv. It was launched on Oct 26, 2023. APLY is an actively managed fund by YieldMax. It was launched on Apr 17, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPY or APLY.
Key characteristics
| AAPY | APLY | |
|---|---|---|
| YTD Return | 11.48% | 10.69% |
| 1Y Return | 13.91% | 15.04% |
| Sharpe Ratio | 0.84 | 0.95 |
| Sortino Ratio | 1.25 | 1.37 |
| Omega Ratio | 1.18 | 1.18 |
| Calmar Ratio | 1.12 | 1.13 |
| Martin Ratio | 2.87 | 3.20 |
| Ulcer Index | 4.98% | 5.01% |
| Daily Std Dev | 17.05% | 16.89% |
| Max Drawdown | -12.78% | -15.85% |
| Current Drawdown | -3.47% | -2.40% |
Correlation
The correlation between AAPY and APLY is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AAPY vs. APLY - Performance Comparison
In the year-to-date period, AAPY achieves a 11.48% return, which is significantly higher than APLY's 10.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AAPY vs. APLY - Expense Ratio Comparison
Both AAPY and APLY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AAPY vs. APLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and YieldMax AAPL Option Income Strategy ETF (APLY). 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.
Dividends
AAPY vs. APLY - Dividend Comparison
AAPY's dividend yield for the trailing twelve months is around 11.83%, less than APLY's 23.97% yield.
| TTM | 2023 | |
|---|---|---|
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF | 11.83% | 2.17% |
APLY YieldMax AAPL Option Income Strategy ETF | 23.97% | 14.36% |
Drawdowns
AAPY vs. APLY - Drawdown Comparison
The maximum AAPY drawdown since its inception was -12.78%, smaller than the maximum APLY drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for AAPY and APLY. For additional features, visit the drawdowns tool.
Volatility
AAPY vs. APLY - Volatility Comparison
Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and YieldMax AAPL Option Income Strategy ETF (APLY) have volatilities of 4.31% and 4.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.