APLY vs. AAPB - ETF Comparison
APLY - YieldMax AAPL Option Income Strategy ETF
The YieldMax AAPL Option Income Strategy ETF is an actively managed equity fund that focuses on generating income through a buy-write strategy on Apple Inc. (AAPL) options, providing investors with a unique way to gain exposure to the technology sector while seeking to mitigate volatility.
AAPB - GraniteShares 2x Long AAPL Daily ETF
The GraniteShares 2x Long AAPL Daily ETF is a leveraged equity fund that seeks to provide daily investment results, before fees and expenses, of 175% of the performance of Apple Inc. (AAPL) stock. The fund is designed for investors who want to gain amplified exposure to the technology hardware storage and peripheral sector.
| APLY | AAPB | |
|---|---|---|
| Fund Name | YieldMax AAPL Option Income Strategy ETF | GraniteShares 2x Long AAPL Daily ETF |
| Fund Provider | Tidal Investments LLC | GraniteShares |
| Index | Active (No Index) | Active (No Index) |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 1.06% | 1.15% |
| Inception Date | 2023-04-17 | 2022-08-09 |
| Number Of Holdings | 7 | 3 |
| Currency | USD | USD |
| Region | United States | United States |
| Market Cap | Large-Cap | Large-Cap |
| Sector | Technology | Technology |
| Sector Detail | Hardware | Hardware |
| Leveraged | Non-leveraged | Leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.