APLY vs IVV
YieldMax AAPL Option Income Strategy ETF vs iShares Core S&P 500 ETF
Which is better, APLY or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. APLY led over 1Y, IVV over 3Y and 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 | APLY | IVV |
|---|---|---|
| Expense Ratio | 1.04% | 0.03%Best |
| AUM | $99M | $876.4B |
| Dividend Yield | 34.75% | 1.06% |
| Holdings | 12 | 508 |
| YTD Return | +11.58%Best | +11.03% |
| 1Y Return | +22.82%Best | +15.62% |
| 3Y Return (annualized) | +13.85% | +20.81%Best |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 16.4% | 12.7%Best |
| Max Drawdown | -31.1% | -18.8%Best |
| $10,000 over 3.4 years | $15,243 | $18,975Best |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Apr 17, 2023 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Apr 18, 2023 to Sep 16, 2026 (3.4 years).
APLY vs IVV 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 3.4 years both funds cover.
APLY vs IVV Performance
YieldMax AAPL Option Income Strategy ETF (APLY) is an ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year APLY returned +22.82% while IVV returned +15.62%. Year to date, APLY is up 11.58% versus a gain of 11.03% for IVV.
Over three years, APLY compounded at +13.85% per year against +20.81% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
APLY has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 12.7% for IVV. 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 -31.1% for APLY and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
APLY charges 1.04% per year while IVV charges 0.03%. On a $10,000 position that is $104 vs $3 annually, a gap of $101 per year that compounds over a long holding period. On income, APLY currently yields 34.75% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 2 holdings in APLY and 490 in IVV, totalling 24.1% and 99.3% 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 2 positions we hold weights for in APLY and 490 in IVV, against full books of 12 and 508.
You are not choosing between two funds in isolation.
Whichever of APLY and IVV 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, APLY or IVV?
APLY has an expense ratio of 1.04% while IVV charges 0.03%. IVV is the cheaper option, by $101 a year on a $10,000 investment.
Which performed better, APLY or IVV?
Over the past year APLY returned +22.82% vs +15.62% for IVV, so APLY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APLY or IVV?
APLY has been the more volatile fund at 16.4% annualized versus 12.7% for IVV. Worst drawdown: APLY -31.1% vs IVV -18.8%.
Should I hold both APLY and IVV?
APLY and IVV have a monthly-return correlation of 0.53, 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, APLY or IVV?
APLY yields 34.75% while IVV yields 1.06%, so APLY currently pays the higher dividend yield.
Is IVV better than APLY?
IVV has a lower expense ratio. APLY led over 1Y, IVV over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.