# APLY (YieldMax(R) AAPL Option Income Strategy ETF)

YieldMax · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, APLY paid 32.4% in cash and still finished 18.6 points behind AAPL.

## Key facts

- APLY, cash paid, 1 year, on its starting price: 32.4%, as of Sep 11, 2026.
- APLY, total return, 1 year: +26.4%, as of Sep 11, 2026.
- APLY, against AAPL: −18.6 pts, as of Sep 11, 2026.
- APLY, return of capital, latest payout (YieldMax estimate): 84.2%, as of Sep 11, 2026.
- APLY, net assets: $99m (issuer page, as of Sep 11, 2026).
- APLY, expense ratio: 1.04% (485BPOS XBRL, Feb 24, 2026).

## APLY over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | AAPL | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 8.3% | −0.4% | +8.2% | +14.2% | −6.1 pts |
| 6 months | 18.2% | +2.2% | +21.6% | +33.1% | −11.4 pts |
| 1 year | 32.4% | −9.6% | +26.4% | +45.0% | −18.6 pts |
| 3 years | 69.8% | −37.9% | +52.2% | +91.0% | −38.8 pts |
| Since launch | 74.3% | −41.3% | +55.8% | +102.8% | −47.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | synthetic covered call | ETFIQ |
| Benchmark | Apple (AAPL) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $99m | issuer page, as of Sep 11, 2026 |
| Latest payout, annualized | 19.8% | ETFIQ |
| Expense ratio | 1.04% | 485BPOS XBRL, Feb 24, 2026 |
| Cash paid, last 12 months, over today’s price | 35.9% | ETFIQ |
| Launched | Apr 18, 2023 | ETFIQ |
| Return of capital, latest distribution | 84.2% | YieldMax 19a-1 estimate |
| Pays | weekly | ETFIQ |
| Typical gap between ex-dates | 7 days | ETFIQ |
| Typical wait from ex-date to payment | 1 day | ETFIQ |
| Last paid, per share | $0.0452 ex Sep 10, 2026 | ETFIQ |
| Sum of the last 12 distributions | $0.8857 | ETFIQ |

## Questions

### How much has APLY paid over the last year?

Over the year to Sep 11, 2026, APLY paid 32.4% of its starting price in cash distributions, while the price fell 9.6%.

### Is APLY ahead of AAPL?

Over the year to Sep 11, 2026, with every distribution reinvested, APLY returned +26.4% against +45.0% for Apple (AAPL), so a holder was behind it by 18.6 points.

### How often does APLY pay, and how much?

APLY pays weekly. The latest distribution annualizes to 19.8% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### Is the APLY distribution return of capital?

YieldMax estimates 84% of the distribution paid Sep 11, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.

### When does APLY next pay a distribution?

APLY pays weekly. The last distribution went ex on Sep 10, 2026 at $0.0452 a share. The issuer has set the next ex-date at Sep 16, 2026 but not the amount.

### What does APLY cost?

The prospectus expense ratio is 1.04% a year.


## Cite this page

ETFIQ, APLY, data as of Sep 11, 2026. https://etfiq.com/funds/aply
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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