Data as of .
APLY vs TSLY: which paid, and which earned it?
Over the year TSLY paid 53.2% of its price in cash against APLY’s 32.4%, though APLY returned more with it reinvested.
ETFIQ Return Stability Score: TSLY scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 61 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, APLY and TSLY hold 85% of their money in the same securities at the same weight.
| Holding | APLY | TSLY |
|---|---|---|
| TREASURY BILL | 19.97% | 22.62% |
| TREASURY BILL | 19.80% | 20.60% |
| TREASURY BILL | 19.47% | 22.39% |
| TREASURY BILL | 13.52% | 22.04% |
| TREASURY BILL | 27.23% | 12.35% |
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 dated Apr 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| APLY | TSLY | APLY | TSLY | APLY | TSLY | |
| 3 months | +8.2% | −9.9% | 8.3% | 10.8% | −6.1 pts | +0.2 pts |
| 6 months | +21.6% | −7.9% | 18.2% | 22.0% | −11.4 pts | −1.3 pts |
| 1 year | +26.4% | +3.9% | 32.4% | 53.2% | −18.6 pts | +4.8 pts |
| 3 years | +52.2% | +19.4% | 69.8% | 83.5% | −38.8 pts | −17.2 pts |
| Since launch | +55.8% | +38.5% | 74.3% | 97.1% | −47.0 pts | −61.0 pts |
| APLY YieldMax(R) AAPL Option Income Strategy ETF Synthetic covered call on AAPL, paying weekly | TSLY YieldMax(R) TSLA Option Income Strategy ETF Synthetic covered call on TSLA, paying weekly | |
|---|---|---|
| Issuer | YieldMax | YieldMax |
| Strategy | synthetic covered call | synthetic covered call |
| Benchmark | Apple (AAPL) | Tesla (TSLA) |
| Pays | weekly | weekly |
| Payout rate, annualized | 19.8% | 50.0% |
| Expense ratio | 1.04% | 1.07% |
| Cash paid, 1 year | 32.4% | 53.2% |
| Price change, 1 year | −9.6% | −44.2% |
| Total return, 1 year | +26.4% | +3.9% |
| Benchmark return, 1 year | +45.0% | −0.9% |
| Ahead or behind | −18.6 pts | +4.8 pts |
| Return of capital, latest estimate | 84% | 100% |
| Age | 1242 days | 1388 days |
APLY in plain words
Over the year to Sep 11, 2026, APLY paid 32.4% of its starting value in cash distributions while its price fell 9.6%. With every distribution reinvested, the fund returned +26.4%. Apple (AAPL) returned +45.0% over the same days, so a holder was behind by 18.6 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 19.8%, paid weekly. YieldMax estimates that 84% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
TSLY in plain words
Over the year to Sep 11, 2026, TSLY paid 53.2% of its starting value in cash distributions while its price fell 44.2%. With every distribution reinvested, the fund returned +3.9%. Tesla (TSLA) returned −0.9% over the same days, so a holder was ahead by 4.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 50.0%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 11, 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, APLY or TSLY?
- Over the year to Sep 11, 2026, APLY paid 32.4% of its starting price in cash and TSLY paid 53.2%, so TSLY 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 TSLY?
- With every distribution reinvested, APLY returned +26.4% and TSLY returned +3.9% over the year to Sep 11, 2026, so APLY returned more.
- Which is cheaper, APLY or TSLY?
- APLY charges 1.04% a year and TSLY charges 1.07%, so APLY is cheaper. Fees come from each fund's prospectus.
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 TSLY, data as of Sep 11, 2026. https://etfiq.com/compare/income/aply-vs-tsly Free to use with attribution; the underlying files are at Open data.