GPTY vs. AAPW

Last updated Jul 21, 2026

GPTY (YieldMax AI & Tech Portfolio Option Income ETF) and AAPW (AAPL WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. Over the past year, GPTY returned 25.72% vs 61.94% for AAPW. At a 0.32 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

GPTY vs. AAPW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AI & Tech Portfolio Option Income ETF (GPTY) and AAPL WeeklyPay™ ETF (AAPW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GPTY achieves a 19.56% return, which is significantly lower than AAPW's 21.74% return.

GPTY

• 1D: 1.15%
• 1M: -9.79%
• 6M: 17.11%
• YTD: 19.56%
• 1Y: 25.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.88%

AAPW

• 1D: -2.91%
• 1M: 11.04%
• 6M: 31.34%
• YTD: 21.74%
• 1Y: 61.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GPTY vs. AAPW - Yearly Performance Comparison

	2026 (YTD)	2025
GPTY YieldMax AI & Tech Portfolio Option Income ETF	19.56%	18.98%
AAPW AAPL WeeklyPay™ ETF	21.74%	8.71%

Correlation

The correlation between GPTY and AAPW is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025	0.32

GPTY vs. AAPW - Sectors Allocation Comparison

Sectors	GPTY	AAPW
Technology	76.4%	13.0%
Communication Services	9.5%	-
Consumer Cyclical	7.7%	-
Financial Services	4.2%	-
Industrials	2.2%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

GPTY vs. AAPW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GPTY

GPTY Risk / Return Rank: 34
GPTY Sharpe Ratio Rank: 35
GPTY Sortino Ratio Rank: 35
GPTY Omega Ratio Rank: 35
GPTY Calmar Ratio Rank: 34
GPTY Martin Ratio Rank: 30

AAPW

AAPW Risk / Return Rank: 80
AAPW Sharpe Ratio Rank: 86
AAPW Sortino Ratio Rank: 83
AAPW Omega Ratio Rank: 82
AAPW Calmar Ratio Rank: 86
AAPW Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GPTY vs. AAPW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AI & Tech Portfolio Option Income ETF (GPTY) and AAPL WeeklyPay™ ETF (AAPW). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GPTY	AAPW	Difference
Sharpe ratio: Return per unit of total volatility	0.97	2.09	-1.12
Sortino ratio: Return per unit of downside risk	1.44	2.81	-1.38
Omega ratio: Gain probability vs. loss probability	1.18	1.36	-0.18
Calmar ratio: Return relative to maximum drawdown	1.34	3.59	-2.25
Martin ratio: Return relative to average drawdown	3.28	8.55	-5.27

GPTY vs. AAPW - Sharpe Ratio Comparison

The current GPTY Sharpe Ratio is 0.97, which is lower than the AAPW Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of GPTY and AAPW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GPTY vs. AAPW - Drawdown Comparison

The maximum GPTY drawdown since its inception was -26.62%, smaller than the maximum AAPW drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for GPTY and AAPW.

Drawdown Indicators

	GPTY	AAPW	Difference
Max Drawdown Largest peak-to-trough decline	-26.62%	-36.28%	+9.66%
Max Drawdown (1Y) Largest decline over 1 year	-19.32%	-17.36%	-1.96%
Current Drawdown Current decline from peak	-13.56%	-2.91%	-10.65%
Average Drawdown Average peak-to-trough decline	-6.67%	-10.64%	+3.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.87%	7.27%	+0.60%

Volatility

GPTY vs. AAPW - Volatility Comparison

The current volatility for YieldMax AI & Tech Portfolio Option Income ETF (GPTY) is 8.81%, while AAPL WeeklyPay™ ETF (AAPW) has a volatility of 12.17%. This indicates that GPTY experiences smaller price fluctuations and is considered to be less risky than AAPW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GPTY	AAPW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.81%	12.17%	-3.36%
Volatility (6M) Calculated over the trailing 6-month period	21.77%	23.14%	-1.37%
Volatility (1Y) Calculated over the trailing 1-year period	26.60%	29.86%	-3.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.68%	35.02%	-5.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.68%	35.02%	-5.34%

GPTY vs. AAPW - Expense Ratio Comparison

Both GPTY and AAPW have an expense ratio of 0.99%.

Dividends

GPTY vs. AAPW - Dividend Comparison

GPTY's dividend yield for the trailing twelve months is around 38.50%, more than AAPW's 29.42% yield.

Position	TTM	2025
AAPW AAPL WeeklyPay™ ETF	29.42%	28.83%
GPTY YieldMax AI & Tech Portfolio Option Income ETF	38.50%	34.23%

Frequently Asked Questions

Can I hold both GPTY and AAPW in my portfolio?

GPTY and AAPW have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GPTY or AAPW?

AAPW has higher volatility (12.17%) compared to GPTY (8.81%). In terms of maximum drawdown, GPTY dropped -26.62% vs AAPW's -36.28%.

Which ETF is better, GPTY or AAPW?

On 1-year performance, AAPW leads with 61.94% vs 25.72% for GPTY. Both ETFs have the same 0.99% expense ratio. On volatility, GPTY has been the lower-risk option at 8.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GPTY or AAPW?

Over the 1-year period, AAPW has performed better with a 61.94% return vs 25.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GPTY or AAPW?

GPTY and AAPW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, GPTY or AAPW?

GPTY has the higher dividend yield at 38.50%, compared with 29.42% for AAPW.

What is the main difference between GPTY and AAPW?

They also come from different issuers: YieldMax and Roundhill.

Which has better risk-adjusted returns?

AAPW currently has the higher Sharpe Ratio (2.09 vs 0.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.