AAPY vs TSPY
Kurv Yield Premium Strategy Apple ETF vs TappAlpha S&P 500 Growth & Daily Income ETF
Which is better, AAPY or TSPY?
Each has led over a different period.
TSPY has a lower expense ratio. AAPY led over 1Y, TSPY 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 | TSPY |
|---|---|---|
| Expense Ratio | 0.99% | 0.71%Best |
| AUM | $8M | $366M |
| Dividend Yield | 11.04% | 15.20% |
| Holdings | 10 | 3 |
| YTD Return | +18.66%Best | +10.14% |
| 1Y Return | +29.83%Best | +14.60% |
| Volatility (annualized) | 19.1% | 12.2%Best |
| Max Drawdown | -29.2% | -18.0%Best |
| $10,000 over 2.2 years | $13,738 | $13,991Best |
| Fund Family | Kurv | TappAlpha |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 27, 2023 | Aug 14, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 15, 2024 to Oct 14, 2026 (2.2 years).
AAPY vs TSPY 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 2.2 years both funds cover.
AAPY vs TSPY Performance
Kurv Yield Premium Strategy Apple ETF (AAPY) is an ETF from Kurv and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha. Over the past year AAPY returned +29.83% while TSPY returned +14.60%. Year to date, AAPY is up 18.66% versus a gain of 10.14% for TSPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AAPY has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 12.2% for TSPY. 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 -18.0% for TSPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AAPY charges 0.99% per year while TSPY charges 0.71%. On a $10,000 position that is $99 vs $71 annually, a gap of $28 per year that compounds over a long holding period. On income, AAPY currently yields 11.04% against 15.20% for TSPY.
Holdings Overlap
We hold position weights for 1 holding in AAPY and 2 in TSPY, totalling 30.8% and 99.8% 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 TSPY, against full books of 10 and 3.
You are not choosing between two funds in isolation.
Whichever of AAPY and TSPY 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 TSPY?
AAPY has an expense ratio of 0.99% while TSPY charges 0.71%. TSPY is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, AAPY or TSPY?
Over the past year AAPY returned +29.83% vs +14.60% for TSPY, so AAPY leads on 1-year performance. Over the longest common window we track (2 years), AAPY annualized +15.53% vs +16.49% for TSPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AAPY or TSPY?
AAPY has been the more volatile fund at 19.1% annualized versus 12.2% for TSPY. Worst drawdown: AAPY -29.2% vs TSPY -18.0%.
Should I hold both AAPY and TSPY?
AAPY and TSPY have a monthly-return correlation of 0.41, 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 TSPY?
AAPY yields 11.04% while TSPY yields 15.20%, so TSPY currently pays the higher dividend yield.
Is TSPY better than AAPY?
TSPY has a lower expense ratio. AAPY led over 1Y, TSPY over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.