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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

APLY vs DGRO: how they differ

Over the year APLY returned more, +26.4% against +17.4%, and DGRO charges 0.08% against 1.04%.

YieldMax(R) AAPL Option Income Strategy ETF and iShares Core Dividend Growth ETF.

What they hold in common

By the books each fund has filed, APLY and DGRO hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in APLYOnly in DGRO
TREASURY BILL 27.23%BROADCOM INC 3.25%
TREASURY BILL 19.97%JP MORGAN CHASE & COMPANY 3.05%
TREASURY BILL 19.80%APPLE INC 2.94%
TREASURY BILL 19.47%MICROSOFT CORP 2.92%
TREASURY BILL 13.52%EXXON MOBIL CORP 2.91%
JOHNSON & JOHNSON 2.64%
ABBVIE INC 2.53%
UNITEDHEALTH GROUP INC 2.32%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

APLY and DGRO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
APLY
YieldMax(R) AAPL Option Income Strategy ETF
DGRO
iShares Core Dividend Growth ETF
Where it sitsIncome ETFCore index fund
IssuerYieldMaxiShares
What it issynthetic covered call, vs AAPLCore Dividend Growth
Total return, 1 year+26.4%+17.4%
S&P 500 over the same days+45.0%+17.5%
Gap to the S&P 500−18.6 pts−0.1 pts
Cash paid, 1 year32.4%not an income fund
Expense ratio1.04%0.08%
Holdingsnot filed394

APLY in plain words

Over the year to Sep 11, 2026, APLY paid 32.4% of its starting value in cash distributions while its price fell 9.6%. With every distribution reinvested, the fund returned +26.4%. Apple (AAPL) returned +45.0% over the same days, so a holder was behind by 18.6 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 19.8%, paid weekly. YieldMax estimates that 84% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

DGRO in plain words

DGRO is an index equity fund tracking the Core Dividend Growth. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 394 positions, with the top ten at 26.6%.

Questions people ask

Which returned more over the last year, APLY or DGRO?
In the year to Sep 12, 2026, with distributions reinvested, APLY returned +26.4% and DGRO returned +17.4%, so APLY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, APLY or DGRO?
APLY charges 1.04% a year and DGRO charges 0.08%, so DGRO is cheaper. Fees come from each fund's prospectus.
Are APLY and DGRO the same kind of fund?
No. APLY is an option-income ETF and DGRO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

APLY against DGRO, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, APLY against DGRO, data as of Sep 12, 2026. https://etfiq.com/compare/any/APLY-DGRO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources