XVAP FT Vest AAPL & Target Income ETF
Option income on AAPL
Since its launch on Aug 19, 2026, XVAP paid no cash and finished 0.6 points behind AAPL.
Key facts
What a holder got
Over the year to Sep 11, 2026, XVAP returned +4.3% with distributions reinvested and Apple (AAPL) returned +4.9%, so a holder came out behind it by 0.6 points. The lighter segment is the 0.0% that arrived as cash rather than as price.
Period by period
| Window | Cash paid | Price | Total return | AAPL | Ahead or behind |
|---|---|---|---|---|---|
| Since launch | 0.0% | +4.3% | +4.3% | +4.9% | −0.6 pts |
In plain words
Since it launched on Aug 19, 2026, XVAP has returned +4.3% with distributions reinvested, against +4.9% for Apple (AAPL), and has paid out 0.0% of its starting value in cash along the way. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.
| Strategy | option income |
|---|---|
| Benchmark | Apple (AAPL) |
| Pays | not established |
| Net assets (issuer page, as of Sep 11, 2026) | $2m |
| Latest payout, annualized (ETFIQ) | not published |
| Expense ratio (485BPOS XBRL, Aug 12, 2026) | 0.85% |
| Cash paid, last 12 months, over today’s price (ETFIQ) | 0.0% |
| Launched | Aug 19, 2026 |
Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed
Questions people ask
- How much has XVAP paid over the last year?
- Over the period from its launch on Aug 19, 2026 to Sep 11, 2026, XVAP paid 0.0% of its starting price in cash distributions, while the price rose 4.3%.
- Is XVAP ahead of AAPL?
- Over the period from its launch on Aug 19, 2026 to Sep 11, 2026, with every distribution reinvested, XVAP returned +4.3% against +4.9% for Apple (AAPL), so a holder was behind it by 0.6 points.
- What does XVAP cost?
- The prospectus expense ratio is 0.85% a year.
The words on this page
- Total return
- What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
- Cash paid
- Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
- Ahead or behind
- The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
- Return of capital
- The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
- Covered call
- Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.
Every term used here, defined in full on the income ETFs vocabulary page.
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.
Funds near this one
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Where XVAP is written about
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Cite this page. ETFIQ, XVAP, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/xvap Free to use with attribution; the underlying files are at Open data.