YieldMax AAPL Option Income Strategy ETF (APLY) Performance
APLY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.5% since Dec 31, 2025
- 1 year
- +21.3% total return
- 3 years
- +16.0% a year
- Since first price
- +14.2% a year since 2023
APLY trailing returns vs SPY, QQQ, AGG
| Period | APLY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.2% | +0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.5% | −1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +17.4% | −0.2% | +7.8% | +8.4% | −1.5% |
| YTD | +16.5% | −9.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +21.3% | −10.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +56.3%+16.0%/yr | −35.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionApr 18, 2023 | +59.6%+14.2%/yr | −40.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: APLY vs SPY
From Apr 18, 2023: APLY grew to $15,962, SPY to $19,163.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
APLY returns by calendar year
2 of 2 full years positive. Best 2024 (+18.6%), worst 2025 (+3.7%). 2026 is year to date.
APLY annual returns table
| Year | APLY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.5% | −11.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +3.7% | −28.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.6% | −9.5% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
APLY largest drawdowns
At an all-time high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 26, 2024 | −31.1% | Apr 8, 2025 | Oct 30, 2025 | 3 months | 10 months |
| Jul 31, 2023 | −15.9% | Oct 26, 2023 | Jun 17, 2024 | 3 months | 11 months |
| Dec 3, 2025 | −11.8% | Mar 20, 2026 | May 7, 2026 | 4 months | 5 months |
| Jun 2, 2026 | −11.7% | Jun 25, 2026 | Jul 15, 2026 | 23 days | 43 days |
| Jul 28, 2026 | −10.3% | Aug 12, 2026 | Oct 23, 2026 | 15 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
APLY risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +15.3% | +12.8% |
| Volatility (annualized) | 15.4% | 16.4% |
| Sharpe ratio | 0.72 | 0.55 |
| Sortino ratio | 1.21 | 0.85 |
| Best month | +11.1% | +11.1% |
| Worst month | −7.5% | −8.1% |
| Best 12 months | +38.3% | +38.3% |
| Worst 12 months | −5.7% | −5.7% |
| Positive months | 67% | 66% |
| Beta vs S&P 500 | 0.57 | — |
| Correlation with S&P 500 | 0.46 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
APLY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 31 | −5.7% | +11.1% | +38.3% | 90% |
| 3-year (a year) | 7 | +6.8% | +10.7% | +16.5% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
APLY performance overview
YieldMax AAPL Option Income Strategy ETF (APLY) returned +21.3% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +14.2% a year, turning $10,000 into about $15,962. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.1%, from Dec 26, 2024 to Apr 8, 2025, and it took 7 months to get back to the old high. Volatility has been 16.4% a year.
Related: APLY chart, APLY dividends. See the APLY overview for the latest quote and fund facts.
APLY performance FAQ
What is the APLY return over the past year?
APLY returned +21.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.9%.
How much would $10,000 invested in APLY be worth?
$10,000 invested in APLY at its first recorded close on April 18, 2023 would be worth about $15,962 on October 23, 2026 with distributions reinvested.
What was the worst year for APLY?
The worst calendar year was 2025, with a total return of +3.7%. The best was 2024 at +18.6%.
What is the biggest drawdown of APLY?
The largest peak-to-trough decline was −31.1% between December 26, 2024 and April 8, 2025. It recovered to the old high on October 30, 2025, 7 months after the bottom.
How volatile is APLY?
Over the past 3 years APLY had an annualized volatility of 15.4% and a Sharpe ratio of 0.72 (excess return over 1–3 month T-bills per unit of risk).