Data as of . Every figure is the income desk's own, on published data.
APLY vs ISPY
YieldMax(R) AAPL Option Income Strategy ETF and ProShares S&P 500 High Income ETF, side by side on the income desk.
Open the live comparison on ETFIQ| APLY YieldMax(R) AAPL Option Income Strategy ETF | ISPY ProShares S&P 500 High Income ETF | |
|---|---|---|
| Issuer | YieldMax | ProShares |
| Strategy | synthetic covered call | covered call |
| Benchmark | Apple (AAPL) | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualised | 26.2% | 5.8% |
| Expense ratio | 1.04% | not published |
| Cash paid, 1 year | 30.9% | 5.7% |
| Price change, 1 year | −14.8% | +10.8% |
| Total return, 1 year | +18.6% | +16.9% |
| Benchmark return, 1 year | +33.9% | +20.0% |
| Ahead or behind | −15.3 pts | −3.1 pts |
| Return of capital, latest estimate | 92% | not published |
| Age | 1235 days | 989 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).
ISPY in plain words
Over the year to Sep 4, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +16.9%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 5.8%, paid monthly.
Questions people ask
- Which paid more, APLY or ISPY?
- Over the year to Sep 4, 2026, APLY paid 30.9% of its starting price in cash and ISPY paid 5.7%, 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 ISPY?
- With every distribution reinvested, APLY returned +18.6% and ISPY returned +16.9% over the year to Sep 4, 2026, so APLY returned more.
Other comparisons
Cite this page. ETFIQ, APLY against ISPY, data as of Sep 4, 2026. https://etfiq.com/compare/income/APLY-ISPY.html Free to use with attribution; the underlying files are at Open data.
ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources