Are APLY and IVV in the same category?

APLY is an option-income ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, APLY or IVV?

In the year to Oct 28, 2026, with distributions reinvested, APLY returned +18.2% and IVV +13.7%.

Which is cheaper, APLY or IVV?

IVV is cheaper, by 1.01 percentage points a year. That is about $101 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

APLY vs IVV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, APLY returned +18.2% to IVV's +13.7%, and IVV charges 0.03% to APLY's 1.04%.

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Net assets on Oct 27, 2026: $112m for YieldMax AAPL Option Income Strategy ETF and $885.1bn for iShares Core S&P 500 ETF.

APLY on its own →IVV on its own →

At a glance

+18.2%

APLY total return, 1 year

+13.7%

IVV total return, 1 year

1.04%

APLY expense ratio

0.03%

IVV expense ratio

Pair scorecard

IVV costs 1.01 points a year less; their one-year returns differ by 4.5 points; IVV is far larger, $885.1bn against $112m.

APLY vs IVV: Differences, Returns & Fees
Measure	APLY	IVV
Return
Measure	APLY	IVV
Total return, 1 year	+18.2%	+13.7%
Price change, 1 year	fell 14.2%	rose 12.4%
Latest payout, annualized	20.9%
Against its benchmark
Measure	APLY	IVV
What it tracks	Benchmark: Apple (AAPL)	S&P 500
Against its benchmark, same days	behind by 10.1 pts
Cost and size
Measure	APLY	IVV
Expense ratio	1.04%	0.03%
Net assets, as of Oct 27, 2026	$112m	$885.1bn
Holdings
Measure	APLY	IVV
Holdings in common	0%
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		38.1%

Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method

What they share

By the books each fund has filed, APLY and IVV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first APLY IVV

Only in one fund ↓

Only in APLY

United States Treasury Note/Bond 3.375% 09/15/2027 26.10%

United States Treasury Note/Bond 2.375% 05/15/2027 13.93%

AAPL 12/18/2026 310.01 C 11.68%

AAPL US 10/30/26 C352.5 0.03%

AAPL US 10/30/26 C355 0.02%

AAPL US 10/30/26 C350 -0.12%

AAPL US 10/30/26 C347.5 -0.13%

AAPL 12/18/2026 310.01 P -0.86%

Only in IVV

NVIDIA 7.92%

APPLE 7.61%

MICROSOFT 5.93%

AMAZON.COM INC 3.73%

ALPHABET CLASS A 2.83%

BROADCOM INC 2.45%

ALPHABET CLASS C 2.26%

META PLATFORMS CLASS A 2.05%

Check overlap with more funds →

Side by side

APLY YieldMax AAPL Option Income Strategy ETF IVV iShares Core S&P 500 ETF

Where it sits Income ETF Stock ETF

Issuer YieldMax iShares

What it is synthetic covered call, vs AAPL Tracks the S&P 500

Total return, 1 year +18.2% +13.7%

Its benchmark over the same days +28.3% (AAPL) +13.6% (SPY)

Gap to its benchmark −10.1 pts vs AAPL +0.1 pts vs SPY

Cash paid, 1 year 28.6% not an income fund

Expense ratio 1.04% 0.03%

Holdings not read by ETFIQ 505

Net assets, as of Oct 27, 2026 $112m $885.1bn

APLY and IVV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.

Alert

About each fund

APLY

Over the year to Oct 28, 2026, APLY paid 28.6% of its starting value in cash distributions while its price fell 14.2%. With every distribution reinvested, the fund returned +18.2%. Apple (AAPL) returned +28.3% over the same days, so a holder was behind by 10.1 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 20.9%, paid weekly.

IVV

IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.

Questions people ask

Are APLY and IVV in the same category?: APLY is an option-income ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, APLY or IVV?: In the year to Oct 28, 2026, with distributions reinvested, APLY returned +18.2% and IVV +13.7%.
Which is cheaper, APLY or IVV?: IVV is cheaper, by 1.01 percentage points a year. That is about $101 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

APLY vs VOO APLY vs SPY APLY vs VTI APLY vs QQQ IVV vs OVLH IVV vs JOYT CEPI vs IVV IVV vs MSFO

Where to next

APLY on its own →IVV on its own →Hold both: look the portfolio through →Rankings →APLY dividend history →APLY holdings →IVV dividend history →IVV holdings →Standards and sources →

Sources and dates

APLY filings on SEC EDGAR ↗

APLY prospectus with the expense ratio (SEC) ↗

APLY 19a-1 distribution notice ↗

YieldMax page for APLY ↗

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

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ETFIQ, APLY against IVV, data as of Oct 28, 2026. https://etfiq.com/compare/any/aply-vs-ivv

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