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APLY vs. MRNY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

APLY vs. MRNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AAPL Option Income Strategy ETF (APLY) and YieldMax MRNA Option Income Strategy ETF (MRNY). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%JuneJulyAugustSeptemberOctoberNovember
15.65%
-69.59%
APLY
MRNY

Returns By Period

In the year-to-date period, APLY achieves a 12.27% return, which is significantly higher than MRNY's -62.91% return.


APLY

YTD

12.27%

1M

-0.79%

6M

13.33%

1Y

16.32%

5Y (annualized)

N/A

10Y (annualized)

N/A

MRNY

YTD

-62.91%

1M

-25.20%

6M

-69.76%

1Y

-53.45%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


APLYMRNY
Sharpe Ratio0.88-1.18
Sortino Ratio1.28-1.75
Omega Ratio1.170.76
Calmar Ratio1.05-0.77
Martin Ratio2.98-1.69
Ulcer Index5.02%32.06%
Daily Std Dev16.92%45.91%
Max Drawdown-15.85%-70.50%
Current Drawdown-1.01%-70.14%

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APLY vs. MRNY - Expense Ratio Comparison

Both APLY and MRNY have an expense ratio of 0.99%.


APLY
YieldMax AAPL Option Income Strategy ETF
Expense ratio chart for APLY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for MRNY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Correlation

-0.50.00.51.00.2

The correlation between APLY and MRNY is 0.19, 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.

Risk-Adjusted Performance

APLY vs. MRNY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AAPL Option Income Strategy ETF (APLY) and YieldMax MRNA Option Income Strategy ETF (MRNY). 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.


Sharpe ratio
The chart of Sharpe ratio for APLY, currently valued at 0.88, compared to the broader market0.002.004.000.88-1.18
The chart of Sortino ratio for APLY, currently valued at 1.28, compared to the broader market-2.000.002.004.006.008.0010.0012.001.28-1.75
The chart of Omega ratio for APLY, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.170.76
The chart of Calmar ratio for APLY, currently valued at 1.30, compared to the broader market0.005.0010.0015.001.30-0.77
The chart of Martin ratio for APLY, currently valued at 2.98, compared to the broader market0.0020.0040.0060.0080.00100.002.98-1.69
APLY
MRNY

The current APLY Sharpe Ratio is 0.88, which is higher than the MRNY Sharpe Ratio of -1.18. The chart below compares the historical Sharpe Ratios of APLY and MRNY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50Sat 26Mon 28Wed 30NovemberNov 03Tue 05Thu 07Sat 09Mon 11Wed 13Fri 15Nov 17Tue 19
0.88
-1.18
APLY
MRNY

Dividends

APLY vs. MRNY - Dividend Comparison

APLY's dividend yield for the trailing twelve months is around 23.64%, less than MRNY's 191.59% yield.


TTM2023
APLY
YieldMax AAPL Option Income Strategy ETF
23.64%14.36%
MRNY
YieldMax MRNA Option Income Strategy ETF
191.59%1.75%

Drawdowns

APLY vs. MRNY - Drawdown Comparison

The maximum APLY drawdown since its inception was -15.85%, smaller than the maximum MRNY drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for APLY and MRNY. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.01%
-70.14%
APLY
MRNY

Volatility

APLY vs. MRNY - Volatility Comparison

The current volatility for YieldMax AAPL Option Income Strategy ETF (APLY) is 4.21%, while YieldMax MRNA Option Income Strategy ETF (MRNY) has a volatility of 15.00%. This indicates that APLY experiences smaller price fluctuations and is considered to be less risky than MRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
4.21%
15.00%
APLY
MRNY