AAPY vs. KQQQ

Last updated Aug 5, 2026

AAPY (Kurv Yield Premium Strategy Apple (AAPL) ETF) and KQQQ (Kurv Technology Titans Select ETF) are both exchange-traded funds - AAPY is a Derivative Income fund actively managed by Kurv, while KQQQ is a Technology Equities fund actively managed by Kurv. Both are actively managed. Over the past year, AAPY returned 37.65% vs 25.46% for KQQQ. Their 0.45 correlation means their historical movements had little consistent relationship. Both charge a 0.99% expense ratio.

Performance

AAPY vs. KQQQ - 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 Technology Titans Select ETF (KQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAPY achieves a 11.73% return, which is significantly lower than KQQQ's 15.64% return.

AAPY

• 1D: 2.02%
• 1M: -0.68%
• 6M: 13.26%
• YTD: 11.73%
• 1Y: 37.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.99%

KQQQ

• 1D: 2.38%
• 1M: 1.11%
• 6M: 16.84%
• YTD: 15.64%
• 1Y: 25.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.25%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	$196.29K	$152.82K	$144.37K
KQQQ Kurv Technology Titans Select ETF	$1.38M	$1.23M	$1.54M

AAPY vs. KQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	11.73%	5.04%	11.54%
KQQQ Kurv Technology Titans Select ETF	15.64%	16.64%	11.50%

Correlation

The correlation between AAPY and KQQQ is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024	0.45

The correlation between AAPY and KQQQ shifts across timeframes, from 0.34 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AAPY vs. KQQQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AAPY

AAPY Risk / Return Rank: 54
AAPY Sharpe Ratio Rank: 52
AAPY Sortino Ratio Rank: 48
AAPY Omega Ratio Rank: 56
AAPY Calmar Ratio Rank: 66
AAPY Martin Ratio Rank: 50

KQQQ

KQQQ Risk / Return Rank: 42
KQQQ Sharpe Ratio Rank: 45
KQQQ Sortino Ratio Rank: 44
KQQQ Omega Ratio Rank: 42
KQQQ Calmar Ratio Rank: 39
KQQQ Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AAPY vs. KQQQ - 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 Technology Titans Select ETF (KQQQ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAPY	KQQQ	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.27	+0.18
Sortino ratio: Return per unit of downside risk	1.95	1.82	+0.13
Omega ratio: Gain probability vs. loss probability	1.28	1.22	+0.06
Calmar ratio: Return relative to maximum drawdown	2.61	1.48	+1.14
Martin ratio: Return relative to average drawdown	6.45	4.45	+2.00

AAPY vs. KQQQ - Sharpe Ratio Comparison

The current AAPY Sharpe Ratio is 1.45, which is comparable to the KQQQ Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of AAPY and KQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AAPY vs. KQQQ - Drawdown Comparison

The maximum AAPY drawdown since its inception was -29.22%, which is greater than KQQQ's maximum drawdown of -26.15%. Use the drawdown chart below to compare losses from any high point for AAPY and KQQQ.

Drawdown Indicators

	AAPY	KQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-29.22%	-26.15%	-3.07%
Max Drawdown (1Y) Largest decline over 1 year	-14.47%	-17.30%	+2.83%
Current Drawdown Current decline from peak	-10.26%	-3.98%	-6.28%
Average Drawdown Average peak-to-trough decline	-6.24%	-4.76%	-1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.85%	5.73%	+0.12%

Volatility

AAPY vs. KQQQ - Volatility Comparison

Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) has a higher volatility of 11.55% compared to Kurv Technology Titans Select ETF (KQQQ) at 6.91%. This indicates that AAPY's price experiences larger fluctuations and is considered to be riskier than KQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAPY	KQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.55%	6.91%	+4.64%
Volatility (6M) Calculated over the trailing 6-month period	22.82%	16.93%	+5.89%
Volatility (1Y) Calculated over the trailing 1-year period	26.17%	20.30%	+5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.92%	23.63%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.92%	23.63%	+0.29%

AAPY vs. KQQQ - Expense Ratio Comparison

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

Dividends

AAPY vs. KQQQ - Dividend Comparison

AAPY's dividend yield for the trailing twelve months is around 11.81%, less than KQQQ's 15.51% yield.

Position	TTM	2025	2024	2023
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	11.81%	12.66%	17.15%	2.16%
KQQQ Kurv Technology Titans Select ETF	15.51%	12.01%	2.48%	0.00%

Frequently Asked Questions

Can I hold both AAPY and KQQQ in my portfolio?

AAPY and KQQQ have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AAPY or KQQQ?

AAPY has higher volatility (11.55%) compared to KQQQ (6.91%). In terms of maximum drawdown, AAPY dropped -29.22% vs KQQQ's -26.15%.

Which ETF is better, AAPY or KQQQ?

On 1-year performance, AAPY leads with 37.65% vs 25.46% for KQQQ. Both ETFs have the same 0.99% expense ratio. On volatility, KQQQ has been the lower-risk option at 6.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AAPY or KQQQ?

Over the 1-year period, AAPY has performed better with a 37.65% return vs 25.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AAPY or KQQQ?

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

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

KQQQ has the higher dividend yield at 15.51%, compared with 11.81% for AAPY.

What is the main difference between AAPY and KQQQ?

AAPY is categorized as Derivative Income, while KQQQ is Technology Equities.

Which has better risk-adjusted returns?

AAPY currently has the higher Sharpe Ratio (1.45 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.