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.
Key characteristics
| AMZY | APLY | |
|---|---|---|
| YTD Return | 31.58% | 9.81% |
| 1Y Return | 39.77% | 14.89% |
| Sharpe Ratio | 1.83 | 0.94 |
| Sortino Ratio | 2.51 | 1.36 |
| Omega Ratio | 1.35 | 1.18 |
| Calmar Ratio | 2.47 | 1.12 |
| Martin Ratio | 8.08 | 3.18 |
| Ulcer Index | 5.02% | 5.01% |
| Daily Std Dev | 22.14% | 16.92% |
| Max Drawdown | -16.41% | -15.85% |
| Current Drawdown | -1.45% | -3.18% |
Correlation
The correlation between AMZY and APLY is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMZY vs. APLY - Performance Comparison
In the year-to-date period, AMZY achieves a 31.58% return, which is significantly higher than APLY's 9.81% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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 36.64%, more than APLY's 24.17% yield.
| TTM | 2023 | |
|---|---|---|
AMZY YieldMax AMZN Option Income Strategy ETF | 36.64% | 9.90% |
APLY YieldMax AAPL Option Income Strategy ETF | 24.17% | 14.36% |
Drawdowns
AMZY vs. APLY - Drawdown Comparison
The maximum AMZY drawdown since its inception was -16.41%, roughly equal to the maximum APLY drawdown of -15.85%. 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
YieldMax AMZN Option Income Strategy ETF (AMZY) has a higher volatility of 7.73% compared to YieldMax AAPL Option Income Strategy ETF (APLY) at 4.38%. This indicates that AMZY's price experiences larger fluctuations and is considered to be riskier than APLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.