YMAG vs. APLY
Compare and contrast key facts about YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and YieldMax AAPL Option Income Strategy ETF (APLY).
YMAG and APLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024. APLY is an actively managed fund by YieldMax. 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: YMAG or APLY.
Correlation
The correlation between YMAG and APLY is 0.47, 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
YMAG vs. APLY - Performance Comparison
Key characteristics
YMAG:
0.20
APLY:
0.29
YMAG:
0.39
APLY:
0.49
YMAG:
1.05
APLY:
1.07
YMAG:
0.21
APLY:
0.30
YMAG:
0.64
APLY:
1.03
YMAG:
6.76%
APLY:
5.79%
YMAG:
21.74%
APLY:
20.86%
YMAG:
-20.91%
APLY:
-19.94%
YMAG:
-20.91%
APLY:
-19.94%
Returns By Period
The year-to-date returns for both stocks are quite close, with YMAG having a -17.36% return and APLY slightly lower at -17.90%.
YMAG
-17.36%
-8.83%
-6.71%
4.15%
N/A
N/A
APLY
-17.90%
-12.02%
-11.18%
5.42%
N/A
N/A
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YMAG vs. APLY - Expense Ratio Comparison
YMAG has a 1.28% expense ratio, which is higher than APLY's 0.99% expense ratio.
Risk-Adjusted Performance
YMAG vs. APLY — Risk-Adjusted Performance Rank
YMAG
APLY
YMAG vs. APLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) 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
YMAG vs. APLY - Dividend Comparison
YMAG's dividend yield for the trailing twelve months is around 52.81%, more than APLY's 31.17% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 52.81% | 35.22% | 0.00% |
APLY YieldMax AAPL Option Income Strategy ETF | 31.17% | 24.95% | 14.36% |
Drawdowns
YMAG vs. APLY - Drawdown Comparison
The maximum YMAG drawdown since its inception was -20.91%, roughly equal to the maximum APLY drawdown of -19.94%. Use the drawdown chart below to compare losses from any high point for YMAG and APLY. For additional features, visit the drawdowns tool.
Volatility
YMAG vs. APLY - Volatility Comparison
YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and YieldMax AAPL Option Income Strategy ETF (APLY) have volatilities of 11.04% and 11.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.