AAPY vs. NVDY
Compare and contrast key facts about Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and YieldMax NVDA Option Income Strategy ETF (NVDY).
AAPY and NVDY 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. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPY or NVDY.
Correlation
The correlation between AAPY and NVDY is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AAPY vs. NVDY - Performance Comparison
Key characteristics
AAPY:
0.55
NVDY:
0.40
AAPY:
0.91
NVDY:
0.83
AAPY:
1.14
NVDY:
1.11
AAPY:
0.49
NVDY:
0.57
AAPY:
1.91
NVDY:
1.56
AAPY:
7.48%
NVDY:
12.53%
AAPY:
26.23%
NVDY:
48.51%
AAPY:
-29.22%
NVDY:
-34.09%
AAPY:
-16.46%
NVDY:
-26.69%
Returns By Period
In the year-to-date period, AAPY achieves a -14.49% return, which is significantly higher than NVDY's -20.89% return.
AAPY
-14.49%
-3.02%
-9.93%
14.16%
N/A
N/A
NVDY
-20.89%
-3.36%
-23.04%
13.20%
N/A
N/A
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AAPY vs. NVDY - Expense Ratio Comparison
Both AAPY and NVDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AAPY vs. NVDY — Risk-Adjusted Performance Rank
AAPY
NVDY
AAPY vs. NVDY - 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 NVDA Option Income Strategy ETF (NVDY). 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. NVDY - Dividend Comparison
AAPY's dividend yield for the trailing twelve months is around 22.05%, less than NVDY's 118.75% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF | 22.05% | 17.15% | 2.17% |
NVDY YieldMax NVDA Option Income Strategy ETF | 118.75% | 83.65% | 22.32% |
Drawdowns
AAPY vs. NVDY - Drawdown Comparison
The maximum AAPY drawdown since its inception was -29.22%, smaller than the maximum NVDY drawdown of -34.09%. Use the drawdown chart below to compare losses from any high point for AAPY and NVDY. For additional features, visit the drawdowns tool.
Volatility
AAPY vs. NVDY - Volatility Comparison
Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and YieldMax NVDA Option Income Strategy ETF (NVDY) have volatilities of 18.62% and 19.45%, 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.