Which paid more, APLY or OARK?

Over the year to Oct 28, 2026, APLY paid 28.6% of its starting price in cash and OARK paid 32.3%, so OARK 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 OARK?

With every distribution reinvested, APLY returned +18.2% and OARK −2.3% over the year to Oct 28, 2026.

Which is cheaper, APLY or OARK?

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

Data as of Oct 28, 2026.

Income ETFs

APLY vs OARK: Dividend Yield & Total Return

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Over the year to Oct 28, 2026, OARK paid 32.3% of its price in cash against APLY’s 28.6%, though APLY returned more with it reinvested.

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Net assets on Oct 27, 2026: $112m for YieldMax AAPL Option Income Strategy ETF and $40m for YieldMax Innovation Option Income Strategy ETF.

APLY on its own →OARK on its own →

At a glance

28.6%

APLY cash paid, 1 year

32.3%

OARK cash paid, 1 year

+18.2%

APLY total return, 1 year

−2.3%

OARK total return, 1 year

APLY · 1 year to Oct 28, 2026 10.1 pts behind AAPL

APLY

+18.2%

AAPL

+28.3%

10.1 pts behind AAPL

APLY over 1 year: paid 28.6%, price −14.2%, total +18.2%, AAPL +28.3%, −10.1 pts. Data to Oct 28, 2026.

AAPL

+28.3%

APLY

+18.2%

28.6% of it arrived as cash

10.1 pts behind AAPL

Total return, distributions reinvested

10.1 pts behind AAPL

APLY over 1 year: paid 28.6%, price −14.2%, total +18.2%, AAPL +28.3%, −10.1 pts. Data to Oct 28, 2026.

AAPL

+28.3%

APLY

+18.2%

28.6% cash

10.1 pts behind AAPL

28.6% of it arrived as cash. Total return, distributions reinvested. APLY over 1 year: paid 28.6%, price −14.2%, total +18.2%, AAPL +28.3%, −10.1 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

OARK · 1 year to Oct 28, 2026 1.2 pts ahead of ARKK

OARK

−2.3%

ARKK

−3.5%

1.2 pts ahead of ARKK

OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.

ARKK

−3.5%

OARK

−2.3%

1.2 pts ahead of ARKK

Total return, distributions reinvested

1.2 pts ahead of ARKK

OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.

ARKK

−3.5%

OARK

−2.3%

1.2 pts ahead of ARKK

32.3% of it arrived as cash. Both charts share one scale, with zero at the line. OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

OARK costs 0.04 points a year less; their one-year returns differ by 20.5 points; APLY is 2.8 times larger.

Points (pts) are percentage points.

APLY vs OARK: Dividend Yield & Total Return
Measure	APLY	OARK
Paid and earned
Measure	APLY	OARK
Total return, 1 year	+18.2%	−2.3%
Price change, 1 year	fell 14.2%	fell 37.0%
Against its benchmark
Measure	APLY	OARK
Benchmark	Apple (AAPL)	ARK Innovation ETF, measured through ARKK
Cost and size
Measure	APLY	OARK
Expense ratio	1.04%	1.00%
Net assets, as of Oct 27, 2026	$112m	$40m
Holdings
Measure	APLY	OARK
Holdings in common	40%

ETFIQ Distribution Coverage Score · APLY scores higher How much of what it paid out did its total return cover?

APLY among the 74 income ETFs writing on a single company

IQ Income Score84.5APLY16.8OARK

How much of its payouts the fund's total return covered, ranked against 74 income ETFs writing on a single company and 164 income ETFs not writing on a single company. 100 is best. How it is computed

APLY 84.5

0.7, the lowest in this set 99.3, the highest

OARK among the 164 income ETFs not writing on a single company

OARK 16.8

0.3, the lowest in this set 99.7, the highest

A percentile among the 74 income ETFs writing on a single company. OARK is a percentile among the 164 income ETFs not writing on a single company, a different set, so the two marks are not on one scale. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

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

What they share

40%

By the books each fund has filed, APLY and OARK hold 40% of their money in the same securities at the same weight. Holdings dated Oct 28, 2026.

50%

0 half 100%

half

40% in common

Positions both hold · largest shared weight first APLY OARK

United States Treasury Note/Bond 3.375% 09/15/2027 26.10% 29.86%

United States Treasury Note/Bond 2.375% 05/15/2027 13.93% 24.47%

Only in one fund ↓

Only in APLY

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 OARK

2ARKK US 11/20/26 C85.01 FLX 4.87%

ARKK US 10/30/26 C84.5 1.40%

ARKK US 10/30/26 C85 0.87%

ARKK US 10/30/26 C83 -1.67%

ARKK US 10/30/26 C82.5 -2.39%

2ARKK US 11/20/26 P85.01 FLX -3.41%

Check overlap with more funds →

Side by side

APLY YieldMax AAPL Option Income Strategy ETF · Synthetic covered call on AAPL, paying weekly OARK YieldMax Innovation Option Income Strategy ETF · Synthetic covered call on ARKK, paying weekly

Issuer YieldMax YieldMax

Strategy synthetic covered call synthetic covered call

Benchmark Apple (AAPL) ARK Innovation ETF (ARKK)

Pays weekly weekly

Payout rate, annualized 20.9% 27.5%

Expense ratio 1.04% 1.00%

Cash paid, 1 year 28.6% 32.3%

Price change, 1 year −14.2% −37.0%

Total return, 1 year +18.2% −2.3%

Benchmark return, 1 year +28.3% −3.5%

Ahead or behind −10.1 pts +1.2 pts

Return of capital, latest estimate not published not published

Age 3.5 years 3.9 years

Net assets, as of Oct 27, 2026 $112m $40m

As of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: APLY vs OARK: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	APLY	OARK	APLY	OARK	APLY	OARK
3 months	0.0%	+13.7%	6.7%	8.9%	−1.8 pts	−8.3 pts
6 months	+18.3%	+9.8%	17.5%	19.6%	−9.2 pts	−7.3 pts
1 year	+18.2%	−2.3%	28.6%	32.3%	−10.1 pts	+1.2 pts
3 years	+63.0%	+86.2%	73.1%	103.7%	−44.1 pts	−66.3 pts
Since launchNot the same days: APLY Apr 2023 · OARK Nov 2022	+62.0%	+56.0%	76.2%	90.3%	−47.9 pts	−83.1 pts

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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.

OARK

Over the year to Oct 28, 2026, OARK paid 32.3% of its starting value in cash distributions while its price fell 37.0%. With every distribution reinvested, the fund returned −2.3%. ARK Innovation ETF (ARKK) returned −3.5% over the same days, so a holder was ahead by 1.2 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 27.5%, paid weekly.

Questions people ask

Which paid more, APLY or OARK?: Over the year to Oct 28, 2026, APLY paid 28.6% of its starting price in cash and OARK paid 32.3%, so OARK 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 OARK?: With every distribution reinvested, APLY returned +18.2% and OARK −2.3% over the year to Oct 28, 2026.
Which is cheaper, APLY or OARK?: APLY charges 1.04% a year and OARK charges 1.00%, so OARK is cheaper. Fees come from each fund's prospectus.

Other comparisons

APLY vs SDTY APLY vs MSFO APLY vs GOOY APLY vs JEPQ OARK vs OVLH OARK vs MAGY OARK vs DOGG OARK vs XSPI

Where to next

ARK Innovation ETF (ARKK) →APLY on its own →OARK on its own →APLY dividend history →APLY holdings →OARK dividend history →OARK holdings →Method →Standards and sources →

Sources and dates

APLY and OARK filings on SEC EDGAR ↗

APLY prospectus with the expense ratio (SEC) ↗

APLY 19a-1 distribution notice ↗

YieldMax page for APLY ↗

OARK prospectus with the expense ratio (SEC) ↗

OARK 19a-1 distribution notice ↗

YieldMax page for OARK ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, APLY against OARK, data as of Oct 28, 2026. https://etfiq.com/compare/income/aply-vs-oark

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.