YMAG vs. APLY - ETF Comparison
YMAG - YieldMax Magnificent 7 Fund of Option Income ETFs
The YieldMax Magnificent 7 Fund of Option Income ETFs is an actively managed equity ETF that focuses on the US big tech sector, employing a buy-write strategy to generate income. The fund holds a diversified portfolio of 9 holdings, with an expense ratio of 1.28%.
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.
| YMAG | APLY | |
|---|---|---|
| Fund Name | YieldMax Magnificent 7 Fund of Option Income ETFs | YieldMax AAPL Option Income Strategy ETF |
| Fund Provider | Tidal Investments LLC | Tidal Investments LLC |
| Index | Active (No Index) | Active (No Index) |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 1.28% | 1.06% |
| Inception Date | 2024-01-29 | 2023-04-17 |
| Number Of Holdings | 9 | 7 |
| Currency | USD | USD |
| Region | United States | United States |
| Investment Style | Income | Income |
| Market Cap | Large-Cap | Large-Cap |
| Sector | Technology | Technology |
| Sector Detail | Big Tech | Hardware |
| Leveraged | Non-leveraged | Non-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.