AAPY vs VYM

Quick Verdict

VYM has a lower expense ratio. AAPY delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: AAPYMore Diversified: VYM

Side-by-Side Comparison

MetricAAPYVYMWinner
Expense Ratio0.99%0.04%
AUM$6M$79.0B
Dividend Yield12.38%2.86%
Holdings10568
YTD Return+9.81%+15.80%
1Y Return+26.68%+26.12%
3Y Return (annualized)-+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)18.9%14.6%
Max Drawdown-29.2%-58.8%
Fund FamilyKurvVanguard (US)
CategoryAlternativeEquity
InceptionOct 27, 2023Nov 10, 2006

AAPY vs VYM Performance

Kurv Yield Premium Strategy Apple ETF (AAPY) is a ETF from Kurv and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AAPY returned +26.68% while VYM returned +26.12%. Year to date, AAPY is up 9.81% versus a gain of 15.80% for VYM.

Risk: Volatility and Drawdowns

AAPY has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 14.6% for VYM. 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 -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.24. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AAPY charges 0.99% per year while VYM charges 0.04%. On a $10,000 position that is $99 vs $4 annually, a gap of $95 per year that compounds over a long holding period. On income, AAPY currently yields 12.38% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

AAPY and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, AAPY or VYM?

AAPY has an expense ratio of 0.99% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $95 per year of difference.

Which performed better, AAPY or VYM?

Over the past year AAPY returned +26.68% vs +26.12% for VYM, so AAPY leads on 1-year performance. Over the longest common window we track (3 years), AAPY annualized +14.62% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, AAPY or VYM?

AAPY has been the more volatile fund at 18.9% annualized versus 14.6% for VYM. Worst drawdown: AAPY -29.2% vs VYM -58.8%.

Should I hold both AAPY and VYM?

AAPY and VYM have a monthly-return correlation of 0.24, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AAPY and VYM?

AAPY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.

Which pays a higher dividend, AAPY or VYM?

AAPY yields 12.38% while VYM yields 2.86%, so AAPY currently pays the higher dividend yield.

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