Data as of . Every figure is the income desk's own, on published data.
APLY vs GPIX
What they hold in common
By the books each fund has filed, APLY and GPIX hold 0% of their money in the same securities at the same weight.
| Only in APLY | Only in GPIX |
|---|---|
| TREASURY BILL 27.23% | NVIDIA CORP 7.33% |
| TREASURY BILL 19.97% | APPLE INC 6.47% |
| TREASURY BILL 19.80% | ALPHABET INC 4.37% |
| TREASURY BILL 19.47% | MICROSOFT CORP 3.90% |
| TREASURY BILL 13.52% | AMAZON.COM INC 3.39% |
| BROADCOM INC 2.80% | |
| MICRON TECHNOLOGY INC 2.02% | |
| TESLA INC 1.89% |
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 as filed for Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| APLY | GPIX | APLY | GPIX | APLY | GPIX | |
| 3 months | +0.6% | +4.9% | 8.1% | 2.2% | −3.6 pts | +0.2 pts |
| 6 months | +15.5% | +13.8% | 17.8% | 4.5% | −9.0 pts | −1.3 pts |
| 1 year | +18.6% | +19.5% | 30.9% | 8.9% | −15.3 pts | −0.4 pts |
| 3 years | +39.1% | n/a | 65.7% | n/a | −31.8 pts | n/a |
| Since launch | +51.5% | +81.7% | 74.1% | 30.5% | −43.8 pts | −11.4 pts |
| APLY YieldMax(R) AAPL Option Income Strategy ETF | GPIX Goldman Sachs S&P 500 Premium Income ETF | |
|---|---|---|
| Issuer | YieldMax | Goldman Sachs |
| Strategy | synthetic covered call | covered call |
| Benchmark | Apple (AAPL) | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualised | 26.2% | 8.5% |
| Expense ratio | 1.04% | not published |
| Cash paid, 1 year | 30.9% | 8.9% |
| Price change, 1 year | −14.8% | +9.8% |
| Total return, 1 year | +18.6% | +19.5% |
| Benchmark return, 1 year | +33.9% | +20.0% |
| Ahead or behind | −15.3 pts | −0.4 pts |
| Return of capital, latest estimate | 92% | not published |
| Age | 1235 days | 1044 days |
APLY in plain words
Over the year to Sep 4, 2026, APLY paid 30.9% of its starting value in cash distributions while its price fell 14.8%. With every distribution reinvested, the fund returned +18.6%. Apple (AAPL) returned +33.9% over the same days, so a holder was behind by 15.3 pts. At its price on Sep 4, 2026 the latest distribution annualises to 26.2%, paid weekly. YieldMax estimates that 92% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
GPIX in plain words
Over the year to Sep 4, 2026, GPIX paid 8.9% of its starting value in cash distributions while its price rose 9.8%. With every distribution reinvested, the fund returned +19.5%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was about even. At its price on Sep 4, 2026 the latest distribution annualises to 8.5%, paid monthly.
Questions people ask
- Which paid more, APLY or GPIX?
- Over the year to Sep 4, 2026, APLY paid 30.9% of its starting price in cash and GPIX paid 8.9%, so APLY paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, APLY or GPIX?
- With every distribution reinvested, APLY returned +18.6% and GPIX returned +19.5% over the year to Sep 4, 2026, so GPIX returned more.
Other comparisons
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.
Cite this page. ETFIQ, APLY against GPIX, data as of Sep 4, 2026. https://etfiq.com/compare/income/APLY-GPIX.html Free to use with attribution; the underlying files are at Open data.