AAPY vs. KCOP

Last updated Jun 4, 2026

AAPY (Kurv Yield Premium Strategy Apple (AAPL) ETF) and KCOP (Kurv Copper & Mining Enhanced Income ETF) are both exchange-traded funds - AAPY is a Large Cap Blend Equities fund actively managed by Kurv, while KCOP is a Derivative Income fund actively managed by Kurv. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AAPY vs. KCOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and Kurv Copper & Mining Enhanced Income ETF (KCOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAPY

• 1D: -1.55%
• 1M: 13.81%
• YTD: 14.66%
• 6M: 11.04%
• 1Y: 43.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KCOP

• 1D: -3.46%
• 1M: 14.96%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAPY vs. KCOP - Yearly Performance Comparison

	2026 (YTD)
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	24.23%
KCOP Kurv Copper & Mining Enhanced Income ETF	4.75%

Correlation

The correlation between AAPY and KCOP is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 17, 2026	0.44

Return for Risk

AAPY vs. KCOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAPY

AAPY Risk / Return Rank: 58
AAPY Sharpe Ratio Rank: 60
AAPY Sortino Ratio Rank: 58
AAPY Omega Ratio Rank: 62
AAPY Calmar Ratio Rank: 61
AAPY Martin Ratio Rank: 50

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 vs. KCOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and Kurv Copper & Mining Enhanced Income ETF (KCOP). 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	KCOP	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	2.80	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.03	—	—
Martin ratio: Return relative to average drawdown	8.23	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AAPY	KCOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.40	+0.46

Drawdowns

AAPY vs. KCOP - Drawdown Comparison

The maximum AAPY drawdown since its inception was -29.22%, which is greater than KCOP's maximum drawdown of -21.55%. Use the drawdown chart below to compare losses from any high point for AAPY and KCOP.

Drawdown Indicators

	AAPY	KCOP	Difference
Max Drawdown Largest peak-to-trough decline	-29.22%	-21.55%	-7.67%
Max Drawdown (1Y) Largest decline over 1 year	-14.47%	—	—
Current Drawdown Current decline from peak	-1.55%	-3.46%	+1.91%
Average Drawdown Average peak-to-trough decline	-6.34%	-8.60%	+2.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.32%	—	—

Volatility

Volatility by Period

	AAPY	KCOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.42%	42.13%	-20.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.58%	42.13%	-19.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.58%	42.13%	-19.55%

AAPY vs. KCOP - Expense Ratio Comparison

Both AAPY and KCOP have an expense ratio of 0.99%.

Dividends

AAPY vs. KCOP - Dividend Comparison

AAPY's dividend yield for the trailing twelve months is around 11.30%, more than KCOP's 3.54% yield.

Position	TTM	2025	2024	2023
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	11.30%	12.66%	17.15%	2.16%
KCOP Kurv Copper & Mining Enhanced Income ETF	3.54%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AAPY and KCOP in my portfolio?

AAPY and KCOP have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAPY or KCOP?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAPY or KCOP?

AAPY and KCOP have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, AAPY or KCOP?

AAPY has the higher dividend yield at 11.30%, compared with 3.54% for KCOP.

What is the main difference between AAPY and KCOP?

AAPY is categorized as Large Cap Blend Equities, while KCOP is Derivative Income.