APLY: YieldMax AAPL Option Income Strategy ETF
YieldMax (Tidal) · Single-Stock Option Income · Tracks AAPL
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year APLY paid 31.4% but returned +13.7% in total, so about 50% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | 141% |
| Earned % (1 year) | 50% |
| Earned % (full history, up to 5 yrs) | 45% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 55.9 / 100 · rank #139 of 420. How the score works
Risk
| Sortino ratio (1Y) | 0.88 |
| Sharpe ratio (1Y) | 0.63 |
| Steadiness vs S&P 500 | 64% |
| Beta to S&P 500 | 0.48 |
| Correlation to S&P 500 | 0.30 |
| Max drop (1Y) | -11.8% |
| Max drop (up to 5 yrs) | -31.1% |
| Trend | Mixed |
| History | 3.5 yrs |
Vs. AAPL (what it's built on)
| Upside capture | 78% |
| Downside capture | 80% |
| Capture ratio | 0.97 |
| Beta | 0.82 |
| Correlation | 0.96 |
| Tracking | Closely |
On days AAPL rose, APLY caught 78% of the gain; on days it fell, APLY took 80% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Weekly.
| Ex-date | Amount |
|---|---|
| 2026-11-05 | $0.0570 |
| 2026-10-29 | $0.0580 |
| 2026-10-22 | $0.0480 |
| 2026-10-15 | $0.0580 |
| 2026-10-08 | $0.0600 |
| 2026-10-01 | $0.0600 |
| 2026-09-24 | $0.0780 |
| 2026-09-17 | $0.0690 |
| 2026-09-10 | $0.0450 |
| 2026-09-03 | $0.0580 |
| 2026-08-27 | $0.0560 |
| 2026-08-20 | $0.0560 |
Funds that track the same thing
Other AAPL income funds, ranked by DT Score. See them all · Compare APLY with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AAPY Kurv Yield Premium Strategy Apple ETF | Single-Stock Option Income | 11.5% | 10.8% | +25.8% | 209% | 107% | 108% | Closely | 70 | 91 | Uptrend |
| AAPW Roundhill AAPL WeeklyPay ETF | Single-Stock Option Income | 30.9% | 26.3% | +21.7% | 85% | 119% | 122% | Closely | 66 | 82 | Mixed |
About APLY
| Issuer | YieldMax (Tidal) |
| Structure | ETF |
| Category | Single-Stock Option Income |
| Strategy | Synthetic covered call: options-based synthetic long plus short calls, collateralized with Treasuries; premium paid as distributions |
| Underlying | AAPL |
| Exposure | Single Stock |
| Index linkage | No - active |
| Pays | Weekly |
| Expense ratio | 0.99% |
| Launched | 2022-11 |
| Uses leverage | No |
| Upside capped | Yes |
| Rate sensitivity | Neutral |
| Return of capital common | Yes |
| Tax notes | Distributions largely return of capital (ROC) per 19a notices; 1099-DIV; ROC lowers cost basis |
Research notes: Expense ratio is estimate - verify.
Get the weekly income report
Rankings, payout changes and yield traps, once a week.