NFLY vs. APLY
Compare and contrast key facts about YieldMax NFLX Option Income Strategy ETF (NFLY) and YieldMax AAPL Option Income Strategy ETF (APLY).
NFLY and APLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023. APLY is an actively managed fund by Tidal. 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: NFLY or APLY.
Key characteristics
| NFLY | APLY | |
|---|---|---|
| YTD Return | 33.47% | 7.48% |
| 1Y Return | 56.00% | 15.68% |
| Sharpe Ratio | 2.06 | 0.95 |
| Daily Std Dev | 27.60% | 16.47% |
| Max Drawdown | -21.44% | -15.85% |
| Current Drawdown | -1.07% | -4.00% |
Correlation
The correlation between NFLY and APLY is 0.31, 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
NFLY vs. APLY - Performance Comparison
In the year-to-date period, NFLY achieves a 33.47% return, which is significantly higher than APLY's 7.48% 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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NFLY vs. APLY - Expense Ratio Comparison
Both NFLY and APLY have an expense ratio of 0.99%.
Risk-Adjusted Performance
NFLY vs. APLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NFLX Option Income Strategy ETF (NFLY) 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
NFLY vs. APLY - Dividend Comparison
NFLY's dividend yield for the trailing twelve months is around 50.26%, more than APLY's 26.00% yield.
| TTM | 2023 | |
|---|---|---|
NFLY YieldMax NFLX Option Income Strategy ETF | 50.26% | 11.84% |
APLY YieldMax AAPL Option Income Strategy ETF | 26.00% | 14.36% |
Drawdowns
NFLY vs. APLY - Drawdown Comparison
The maximum NFLY drawdown since its inception was -21.44%, which is greater than APLY's maximum drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for NFLY and APLY. For additional features, visit the drawdowns tool.
Volatility
NFLY vs. APLY - Volatility Comparison
YieldMax NFLX Option Income Strategy ETF (NFLY) has a higher volatility of 5.77% compared to YieldMax AAPL Option Income Strategy ETF (APLY) at 4.67%. This indicates that NFLY'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.