Which paid more, AAPW or APLY?

Over the year to Sep 30, 2026, AAPW paid 27.9% of its starting price in cash and APLY paid 29.6%, 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, AAPW or APLY?

With every distribution reinvested, AAPW returned +32.9% and APLY +19.1% over the year to Sep 30, 2026.

Which is cheaper, AAPW or APLY?

AAPW charges 1.00% a year and APLY charges 1.04%, so AAPW is cheaper. Fees come from each fund's prospectus.

Share on X Download as PDF Open live

AAPW vs APLY: which paid, and which earned it?

Over the year APLY paid 29.6% of its price in cash against AAPW’s 27.9%, though AAPW returned more with it reinvested. Roundhill AAPL WeeklyPay ETF and YieldMax(R) AAPL Option Income Strategy ETF.

27.9%

AAPW cash paid, 1 year

29.6%

APLY cash paid, 1 year

+32.9%

AAPW total return, 1 year

+19.1%

APLY total return, 1 year

AAPW · 1 year to Sep 30, 20261.6 pts ahead of AAPL

AAPW

+32.9%

AAPL

+31.3%

1.6 pts ahead of AAPL

AAPW over 1 year: paid 27.9%, price −0.6%, total +32.9%, AAPL +31.3%, +1.6 pts.

AAPL

+31.3%

AAPW

+32.9%

27.9% of it arrived as cash

1.6 pts ahead of AAPL

Total return, distributions reinvested

1.6 pts ahead of AAPL

AAPW over 1 year: paid 27.9%, price −0.6%, total +32.9%, AAPL +31.3%, +1.6 pts.

AAPL

+31.3%

AAPW

+32.9%

27.9% as cash

1.6 pts ahead of AAPL

27.9% of it arrived as cash. Total return, distributions reinvested. AAPW over 1 year: paid 27.9%, price −0.6%, total +32.9%, AAPL +31.3%, +1.6 pts.

APLY · 1 year to Sep 30, 202612.1 pts behind AAPL

APLY

+19.1%

AAPL

+31.3%

12.1 pts behind AAPL

APLY over 1 year: paid 29.6%, price −13.6%, total +19.1%, AAPL +31.3%, −12.1 pts.

AAPL

+31.3%

APLY

+19.1%

29.6% of it arrived as cash

12.1 pts behind AAPL

Total return, distributions reinvested

12.1 pts behind AAPL

APLY over 1 year: paid 29.6%, price −13.6%, total +19.1%, AAPL +31.3%, −12.1 pts.

AAPL

+31.3%

APLY

+19.1%

29.6% cash

12.1 pts behind AAPL

29.6% of it arrived as cash. Both charts share one scale, 0 to +32.9%. APLY over 1 year: paid 29.6%, price −13.6%, total +19.1%, AAPL +31.3%, −12.1 pts.

ETFIQ Return Stability Score · AAPW scores higherWas the payout funded by returns, or by your own capital?

AAPW 82.8

APLY 53.6

7.2, the lowest in this set97.2, the highest

A percentile among the 70 income ETFs writing on a single company. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, AAPW and APLY hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 1, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding AAPW APLY

Only in AAPW

TREASURY BILL 85.68%

Apple Inc 14.32%

Only in APLY

United States Treasury Bill 10/15/2026 26.56%

United States Treasury Bill 07/08/2027 24.89%

United States Treasury Note/Bond 2.375% 05/15/2027 19.44%

United States Treasury Bill 02/18/2027 18.83%

AAPL US 10/16/26 C310 6.82%

United States Treasury Bill 12/10/2026 1.86%

AAPL 10/16/2026 310.01 C 1.36%

First American Government Obligations Fund 12/01/2031 0.60%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	AAPW	APLY	AAPW	APLY	AAPW	APLY
3 months	+15.0%	+8.4%	7.4%	7.8%	+1.8 pts	−4.8 pts
6 months	+35.6%	+19.3%	16.2%	18.2%	+5.1 pts	−11.2 pts
1 year	+32.9%	+19.1%	27.9%	29.6%	+1.6 pts	−12.1 pts
3 years	not published	+56.7%	not published	72.3%	not published	−40.4 pts
Since launch AAPW Feb 2025 · APLY Apr 2023	+34.7%	+56.6%	39.0%	75.1%	−2.2 pts	−46.7 pts

AAPW and APLY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

AAPW

Roundhill AAPL WeeklyPay ETF · Option income on AAPL, paying weekly

APLY

YieldMax(R) AAPL Option Income Strategy ETF · Synthetic covered call on AAPL, paying weekly

Issuer Roundhill YieldMax

Strategy option income synthetic covered call

Benchmark Apple (AAPL) Apple (AAPL)

Pays weekly weekly

Payout rate, annualized 29.0% 34.6%

Expense ratio 1.00% 1.04%

Cash paid, 1 year 27.9% 29.6%

Price change, 1 year −0.6% −13.6%

Total return, 1 year +32.9% +19.1%

Benchmark return, 1 year +31.3% +31.3%

Ahead or behind +1.6 pts −12.1 pts

Return of capital, latest estimate not published 92%

Age 588 days 1261 days

Net assets $42m $121m

AAPW and APLY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

AAPW in plain words

Over the year to Sep 30, 2026, AAPW paid 27.9% of its starting value in cash distributions while its price fell 0.6%. With every distribution reinvested, the fund returned +32.9%. Apple (AAPL) returned +31.3% over the same days, so a holder was ahead by 1.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 29.0%, paid weekly.

APLY in plain words

Over the year to Sep 30, 2026, APLY paid 29.6% of its starting value in cash distributions while its price fell 13.6%. With every distribution reinvested, the fund returned +19.1%. Apple (AAPL) returned +31.3% over the same days, so a holder was behind by 12.1 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 34.6%, paid weekly. YieldMax estimates that 92% of the distribution paid Oct 2, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, AAPW or APLY?: Over the year to Sep 30, 2026, AAPW paid 27.9% of its starting price in cash and APLY paid 29.6%, 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, AAPW or APLY?: With every distribution reinvested, AAPW returned +32.9% and APLY +19.1% over the year to Sep 30, 2026.
Which is cheaper, AAPW or APLY?: AAPW charges 1.00% a year and APLY charges 1.04%, so AAPW is cheaper. Fees come from each fund's prospectus.

Other comparisons

AAPW vs AAPY AAPW vs XVAP APLY vs AIPI APLY vs AMZY APLY vs BALI APLY vs CONY APLY vs DIVO APLY vs FEPI

AAPW on its own →APLY on its own →How every figure is computed →Standards and sources →

Where these figures came from

AAPW filings on SEC EDGAR ↗AAPW prospectus with the expense ratio (SEC) ↗Roundhill page for AAPW ↗APLY filings on SEC EDGAR ↗APLY prospectus with the expense ratio (SEC) ↗APLY 19a-1 distribution notice ↗YieldMax page for APLY ↗

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

Cite this page

ETFIQ, AAPW against APLY, data as of Sep 30, 2026. https://etfiq.com/compare/income/aapw-vs-aply

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.