AAPY vs NVDY
Kurv Yield Premium Strategy Apple ETF vs YieldMax NVDA Option Income Strategy ETF
Which is better, AAPY or NVDY?
Each has led over a different period.
AAPY has a lower expense ratio. AAPY led over 1Y, NVDY over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AAPY | NVDY |
|---|---|---|
| Expense Ratio | 0.99%Best | 1.09% |
| AUM | $8M | $1.4B |
| Dividend Yield | 11.04% | 54.70% |
| Holdings | 10 | 32 |
| YTD Return | +18.66%Best | +15.76% |
| 1Y Return | +29.83%Best | +23.13% |
| 3Y Return (annualized) | - | +49.62% |
| Volatility (annualized) | 18.4%Best | 27.5% |
| Max Drawdown | -29.2%Best | -33.9% |
| $10,000 over 2.7 years | $15,233 | $26,336Best |
| Fund Family | Kurv | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 27, 2023 | May 10, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Feb 7, 2024 to Oct 14, 2026 (2.7 years).
AAPY vs NVDY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.
AAPY vs NVDY Performance
Kurv Yield Premium Strategy Apple ETF (AAPY) is an ETF from Kurv and YieldMax NVDA Option Income Strategy ETF (NVDY) is an ETF from YieldMax ETF. Over the past year AAPY returned +29.83% while NVDY returned +23.13%. Year to date, AAPY is up 18.66% versus a gain of 15.76% for NVDY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDY has been the more volatile fund, with annualized monthly volatility of 27.5% compared with 18.4% for AAPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -29.2% for AAPY and -33.9% for NVDY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.27. They move largely independently of each other.
Fees and Cost Over Time
AAPY charges 0.99% per year while NVDY charges 1.09%. On a $10,000 position that is $99 vs $109 annually, a gap of $10 per year that compounds over a long holding period. On income, AAPY currently yields 11.04% against 54.70% for NVDY.
Holdings Overlap
We hold position weights for 1 holding in AAPY and 2 in NVDY, totalling 30.8% and 20.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in AAPY and 2 in NVDY, against full books of 10 and 32.
You are not choosing between two funds in isolation.
Whichever of AAPY and NVDY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AAPY or NVDY?
AAPY has an expense ratio of 0.99% while NVDY charges 1.09%. AAPY is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, AAPY or NVDY?
Over the past year AAPY returned +29.83% vs +23.13% for NVDY, so AAPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AAPY or NVDY?
NVDY has been the more volatile fund at 27.5% annualized versus 18.4% for AAPY. Worst drawdown: AAPY -29.2% vs NVDY -33.9%.
Should I hold both AAPY and NVDY?
AAPY and NVDY have a monthly-return correlation of 0.27, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AAPY or NVDY?
AAPY yields 11.04% while NVDY yields 54.70%, so NVDY currently pays the higher dividend yield.
Is NVDY better than AAPY?
AAPY has a lower expense ratio. AAPY led over 1Y, NVDY over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.