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

Key characteristics


APLYMRNY
YTD Return10.69%-58.54%
1Y Return15.04%-45.03%
Sharpe Ratio0.95-1.00
Sortino Ratio1.37-1.32
Omega Ratio1.180.81
Calmar Ratio1.13-0.67
Martin Ratio3.20-1.47
Ulcer Index5.01%30.53%
Daily Std Dev16.89%44.93%
Max Drawdown-15.85%-66.62%
Current Drawdown-2.40%-66.62%

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.

Performance

APLY vs. MRNY - Performance Comparison

In the year-to-date period, APLY achieves a 10.69% return, which is significantly higher than MRNY's -58.54% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%JuneJulyAugustSeptemberOctoberNovember
12.91%
-64.45%
APLY
MRNY

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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%

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.


APLY
Sharpe ratio
The chart of Sharpe ratio for APLY, currently valued at 0.95, compared to the broader market-2.000.002.004.000.95
Sortino ratio
The chart of Sortino ratio for APLY, currently valued at 1.37, compared to the broader market-2.000.002.004.006.008.0010.0012.001.37
Omega ratio
The chart of Omega ratio for APLY, currently valued at 1.18, compared to the broader market1.001.502.002.503.001.18
Calmar ratio
The chart of Calmar ratio for APLY, currently valued at 1.39, compared to the broader market0.005.0010.0015.001.39
Martin ratio
The chart of Martin ratio for APLY, currently valued at 3.20, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.20
MRNY
Sharpe ratio
The chart of Sharpe ratio for MRNY, currently valued at -1.00, compared to the broader market-2.000.002.004.00-1.00
Sortino ratio
The chart of Sortino ratio for MRNY, currently valued at -1.32, compared to the broader market-2.000.002.004.006.008.0010.0012.00-1.32
Omega ratio
The chart of Omega ratio for MRNY, currently valued at 0.81, compared to the broader market1.001.502.002.503.000.81
Calmar ratio
The chart of Calmar ratio for MRNY, currently valued at -0.67, compared to the broader market0.005.0010.0015.00-0.67
Martin ratio
The chart of Martin ratio for MRNY, currently valued at -1.47, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-1.47

APLY vs. MRNY - Sharpe Ratio Comparison

The current APLY Sharpe Ratio is 0.95, which is higher than the MRNY Sharpe Ratio of -1.00. 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 13
0.95
-1.00
APLY
MRNY

Dividends

APLY vs. MRNY - Dividend Comparison

APLY's dividend yield for the trailing twelve months is around 23.97%, less than MRNY's 171.37% yield.


TTM2023
APLY
YieldMax AAPL Option Income Strategy ETF
23.97%14.36%
MRNY
YieldMax MRNA Option Income Strategy ETF
171.37%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 -66.62%. Use the drawdown chart below to compare losses from any high point for APLY and MRNY. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.40%
-66.62%
APLY
MRNY

Volatility

APLY vs. MRNY - Volatility Comparison

The current volatility for YieldMax AAPL Option Income Strategy ETF (APLY) is 4.20%, while YieldMax MRNA Option Income Strategy ETF (MRNY) has a volatility of 11.55%. 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
4.20%
11.55%
APLY
MRNY