APLY vs. YMAG
Compare and contrast key facts about YieldMax AAPL Option Income Strategy ETF (APLY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG).
APLY and YMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. APLY is an actively managed fund by YieldMax. It was launched on Apr 17, 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: APLY or YMAG.
Correlation
The correlation between APLY and YMAG is 0.48, 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
APLY vs. YMAG - Performance Comparison
Key characteristics
APLY:
0.40
YMAG:
0.46
APLY:
0.73
YMAG:
0.78
APLY:
1.11
YMAG:
1.11
APLY:
0.35
YMAG:
0.45
APLY:
1.38
YMAG:
1.37
APLY:
7.84%
YMAG:
8.41%
APLY:
27.30%
YMAG:
25.30%
APLY:
-31.09%
YMAG:
-25.96%
APLY:
-17.77%
YMAG:
-18.94%
Returns By Period
The year-to-date returns for both investments are quite close, with APLY having a -15.68% return and YMAG slightly higher at -15.31%.
APLY
-15.68%
-5.81%
-10.10%
9.04%
N/A
N/A
YMAG
-15.31%
-7.12%
-7.43%
8.36%
N/A
N/A
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APLY vs. YMAG - Expense Ratio Comparison
APLY has a 0.99% expense ratio, which is lower than YMAG's 1.28% expense ratio.
Risk-Adjusted Performance
APLY vs. YMAG — Risk-Adjusted Performance Rank
APLY
YMAG
APLY vs. YMAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AAPL Option Income Strategy ETF (APLY) 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.
Dividends
APLY vs. YMAG - Dividend Comparison
APLY's dividend yield for the trailing twelve months is around 30.46%, less than YMAG's 50.24% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
APLY YieldMax AAPL Option Income Strategy ETF | 30.46% | 24.95% | 14.36% |
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 50.24% | 35.22% | 0.00% |
Drawdowns
APLY vs. YMAG - Drawdown Comparison
The maximum APLY drawdown since its inception was -31.09%, which is greater than YMAG's maximum drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for APLY and YMAG. For additional features, visit the drawdowns tool.
Volatility
APLY vs. YMAG - Volatility Comparison
YieldMax AAPL Option Income Strategy ETF (APLY) has a higher volatility of 20.07% compared to YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) at 15.74%. This indicates that APLY'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.