AAPY vs. YMAG
Compare and contrast key facts about Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG).
AAPY and YMAG 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. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPY or YMAG.
Correlation
The correlation between AAPY and YMAG is 0.49, 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. YMAG - Performance Comparison
Key characteristics
AAPY:
17.82%
YMAG:
19.02%
AAPY:
-12.77%
YMAG:
-14.27%
AAPY:
-9.55%
YMAG:
-2.77%
Returns By Period
In the year-to-date period, AAPY achieves a -7.42% return, which is significantly lower than YMAG's 1.59% return.
AAPY
-7.42%
-8.73%
5.09%
11.74%
N/A
N/A
YMAG
1.59%
-2.25%
19.83%
N/A
N/A
N/A
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AAPY vs. YMAG - Expense Ratio Comparison
AAPY has a 0.99% expense ratio, which is lower than YMAG's 1.28% expense ratio.
Risk-Adjusted Performance
AAPY vs. YMAG — Risk-Adjusted Performance Rank
AAPY
YMAG
AAPY vs. YMAG - 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 Magnificent 7 Fund of Option Income ETFs (YMAG). 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.
Not enough dataDividends
AAPY vs. YMAG - Dividend Comparison
AAPY's dividend yield for the trailing twelve months is around 18.98%, less than YMAG's 39.08% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF | 18.98% | 17.15% | 2.17% |
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 39.08% | 35.22% | 0.00% |
Drawdowns
AAPY vs. YMAG - Drawdown Comparison
The maximum AAPY drawdown since its inception was -12.77%, smaller than the maximum YMAG drawdown of -14.27%. Use the drawdown chart below to compare losses from any high point for AAPY and YMAG. For additional features, visit the drawdowns tool.
Volatility
AAPY vs. YMAG - Volatility Comparison
Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) has a higher volatility of 6.70% compared to YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) at 5.24%. This indicates that AAPY's price experiences larger fluctuations and is considered to be riskier than YMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.