PPL vs. AAPY
PPL (PPL Corporation) is a stock, while AAPY (Kurv Yield Premium Strategy Apple (AAPL) ETF) is Derivative Income fund actively managed by Kurv. Over the past year, PPL returned 8.59% vs 38.60% for AAPY. At a correlation of -0.01, they often move in opposite directions.
Performance
PPL vs. AAPY - Performance Comparison
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Returns By Period
In the year-to-date period, PPL achieves a 4.60% return, which is significantly lower than AAPY's 15.38% return.
PPL
- 1D
- 0.81%
- 1M
- 0.61%
- 6M
- 5.27%
- YTD
- 4.60%
- 1Y
- 8.59%
- 3Y*
- 14.24%
- 5Y*
- 8.97%
- 10Y*
- 4.17%
AAPY
- 1D
- 0.66%
- 1M
- 8.12%
- 6M
- 20.25%
- YTD
- 15.38%
- 1Y
- 38.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PPL vs. AAPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PPL PPL Corporation | 4.60% | 11.38% | 23.98% | 10.55% |
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF | 15.38% | 5.04% | 20.54% | 9.18% |
Correlation
The correlation between PPL and AAPY is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023 | -0.01 |
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Return for Risk
PPL vs. AAPY — Risk / Return Rank
PPL
AAPY
PPL vs. AAPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PPL Corporation (PPL) and Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY). 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.
| PPL | AAPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.31 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.65 | 2.68 | -2.03 |
| Martin ratioReturn relative to average drawdown | 1.54 | 6.76 | -5.22 |
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Drawdowns
PPL vs. AAPY - Drawdown Comparison
The maximum PPL drawdown since its inception was -55.38%, which is greater than AAPY's maximum drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for PPL and AAPY.
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Drawdown Indicators
| PPL | AAPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.38% | -29.22% | -26.16% |
Max Drawdown (1Y)Largest decline over 1 year | -13.29% | -14.47% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -18.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.73% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.73% | — | — |
Current DrawdownCurrent decline from peak | -8.67% | -0.93% | -7.74% |
Average DrawdownAverage peak-to-trough decline | -15.61% | -6.32% | -9.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.60% | 5.73% | -0.13% |
Volatility
PPL vs. AAPY - Volatility Comparison
The current volatility for PPL Corporation (PPL) is 6.81%, while Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) has a volatility of 10.91%. This indicates that PPL experiences smaller price fluctuations and is considered to be less risky than AAPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPL | AAPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.81% | 10.91% | -4.10% |
Volatility (6M)Calculated over the trailing 6-month period | 13.85% | 21.01% | -7.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.64% | 23.91% | -6.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.81% | 23.24% | -4.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.78% | 23.24% | -0.46% |
Dividends
PPL vs. AAPY - Dividend Comparison
PPL's dividend yield for the trailing twelve months is around 3.09%, less than AAPY's 11.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF | 11.34% | 12.66% | 17.15% | 2.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PPL PPL Corporation | 3.09% | 3.11% | 3.17% | 3.54% | 2.99% | 5.52% | 5.89% | 4.60% | 5.79% | 5.11% | 4.46% | 11.74% |
Frequently Asked Questions
PPL and AAPY have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPY has higher volatility (10.91%) compared to PPL (6.81%). In terms of maximum drawdown, PPL dropped -55.38% vs AAPY's -29.22%.
AAPY currently has the higher Sharpe Ratio (1.63 vs 0.49), 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.
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