AMZY vs. APLY
Compare and contrast key facts about YieldMax AMZN Option Income Strategy ETF (AMZY) and YieldMax AAPL Option Income Strategy ETF (APLY).
AMZY and APLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZY is an actively managed fund by YieldMax. It was launched on Jul 24, 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: AMZY or APLY.
Correlation
The correlation between AMZY and APLY is 0.53, 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
AMZY vs. APLY - Performance Comparison
Key characteristics
AMZY:
0.19
APLY:
0.36
AMZY:
0.43
APLY:
0.68
AMZY:
1.06
APLY:
1.10
AMZY:
0.21
APLY:
0.31
AMZY:
0.61
APLY:
1.26
AMZY:
8.29%
APLY:
7.76%
AMZY:
26.82%
APLY:
27.27%
AMZY:
-23.69%
APLY:
-31.09%
AMZY:
-18.22%
APLY:
-18.89%
Returns By Period
In the year-to-date period, AMZY achieves a -10.83% return, which is significantly higher than APLY's -16.82% return.
AMZY
-10.83%
-6.76%
0.44%
2.20%
N/A
N/A
APLY
-16.82%
-6.16%
-11.61%
8.88%
N/A
N/A
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AMZY vs. APLY - Expense Ratio Comparison
Both AMZY and APLY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AMZY vs. APLY — Risk-Adjusted Performance Rank
AMZY
APLY
AMZY vs. APLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AMZN Option Income Strategy ETF (AMZY) 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
AMZY vs. APLY - Dividend Comparison
AMZY's dividend yield for the trailing twelve months is around 56.20%, more than APLY's 30.88% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
AMZY YieldMax AMZN Option Income Strategy ETF | 56.20% | 47.91% | 9.90% |
APLY YieldMax AAPL Option Income Strategy ETF | 30.88% | 24.95% | 14.36% |
Drawdowns
AMZY vs. APLY - Drawdown Comparison
The maximum AMZY drawdown since its inception was -23.69%, smaller than the maximum APLY drawdown of -31.09%. Use the drawdown chart below to compare losses from any high point for AMZY and APLY. For additional features, visit the drawdowns tool.
Volatility
AMZY vs. APLY - Volatility Comparison
The current volatility for YieldMax AMZN Option Income Strategy ETF (AMZY) is 14.80%, while YieldMax AAPL Option Income Strategy ETF (APLY) has a volatility of 20.04%. This indicates that AMZY experiences smaller price fluctuations and is considered to be less risky than APLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.