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AAPY vs BABO

Kurv Yield Premium Strategy Apple (AAPL) ETF

AAPYACboe

YieldMax BABA Option Income Strategy ETF

BABOBNYSE Arca

Overlap

Expense ratio

AAPY −0.01pt a year

AAPY0.99%BABO1.00%

Avg volume · 30D

BABO 6.5×the volume

AAPY5.85KBABO38.2K

AAPY vs BABO Performance

Oct 31, 2025 – Oct 30, 2026

+28.3%AAPY−36.2%BABO

Oct 31, 2025 to Oct 30, 2026. AAPY +28.3%. BABO −36.2%. Use the arrow keys to read each point.−20%0%20%Oct 2025Apr 2026Oct 2026
Expense ratio
AAPY 0.99%, better
BABO 1.00%
Fund size
AAPY $8M
BABO $12M
1Y total return
AAPY +28.3%, better
BABO −36.2%
Yield (12M)
AAPY 10.78%
BABO 76.97%, better
Holdings
AAPY 6
BABO 7
Avg volume (30D)
AAPY 5.85K sh
BABO 38.2K sh, better
NAV per share
AAPY $28.39
BABO $6.31
52W range

ETF.net Grade

AAPY: Cost 77, Risk 77, Mission 100, Tradability 63, Holdings 35, Durability 56. BABO: Cost 77, Risk 37, Mission 70, Tradability 48, Holdings not scored, Durability 56.
Pillar letters and Scores for AAPY, BABO, with each pillar’s weight
PillarAAPYBABO
Cost30% weightA77A77
Mission25% weightA100HigherA70
Risk15% weightA77HigherD37
Tradability15% weightB63HigherC48
Holdings10% weightD35Not scored
Durability5% weightB56B56

Rank among Single-Stock Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AAPY and BABO are both graded against the same 71 Single-Stock Option Income funds, so their Grades compare head to head.

Single-Stock Option Income⁠

Category · 71 funds
See all 71 ›

AAPY ranks 4th and BABO 13th of 71 funds in the Single-Stock Option Income Category.

  1. Rank 1AKWINKraneShares Wahed Alternative Income Index ETFScore 87
  2. Rank 2AACYQFT Vest Autocallable Barrier & High Income ETFScore 85
  3. Rank 3AXXVSimplify Ancorato Target 25 Distribution ETFScore 84
  4. Rank 4AAAPYKurv Yield Premium Strategy Apple (AAPL) ETFScore 79
  5. Rank 5BBRKCYieldMax BRK.B Option Income Strategy ETFScore 70
  6. Rank 13BAMZYYieldMax AMZN Option Income Strategy ETFScore 62
  7. Rank 13BBABOYieldMax BABA Option Income Strategy ETFScore 62
  8. Rank 13BGOOPKurv Yield Premium Strategy Google (GOOGL) ETFScore 62

Our read on each fund

ETF.net Research

AAPYAKurv Yield Premium Strategy Apple (AAPL) ETF

BABOBYieldMax BABA Option Income Strategy ETF

In short

AAPY Apple income without slamming the brakes on upside: AAPY builds its Apple exposure with options, sells calls above the market rather than at it, and pays monthly. Fee is 0.99% net of a waiver through September 30, 2027 (1.15% gross).

BABO Alibaba, repackaged as a monthly paycheck. BABO sells weekly call spreads on BABA, trading away part of the upside for option premium, then pays cash out monthly.

Stated mandate

AAPY The Fund seeks current income while providing exposure to Apple Inc.'s share price, with potential gains limited by its options strategy.

BABO BABO is actively managed to generate weekly income by selling call spreads on Alibaba Group Holding Ltd (BABA).

Why people hold it

  • AAPY The calls it sells sit out of the money, and the prospectus allows buying higher-strike calls and put spreads, a toolkit aimed at keeping some room above the sold strike.sec.govsec.gov 2
  • 0.99% net of a waiver through September 30, 2027 (1.15% gross) comes in under APLY, the other Apple options-income ETF, at 1.04%.
  • Collateral sits in Treasury bills, income is paid monthly, and the portfolio matches what the filings describe.sec.gov
  • One of the stronger builds in a crowded field of single-stock options-income funds.
  • BABO It sells spreads, not naked calls: a long call sits above the short one, so the upside surrendered above that upper strike is defined rather than open-ended.yieldmaxetfs.com
  • Premium is written weekly, cash goes out monthly, and the book is actively managed rather than run off a fixed index formula.yieldmaxetfs.com
  • The fee is 1.00%, at the lower end of the single-stock income crowd and a shade under YieldMax siblings like TSMY and BRKC.
  • Inside a crowded field of single-stock option income funds, this is one of the stronger implementations of the idea.

Worth knowing

  • AAPY Apple's full downside comes through the synthetic long position, while share-price gains are limited by the options strategy.sec.gov
  • Monthly payouts can include return of capital, meaning part of a distribution may be your own money coming back.kurvinvest.com
  • Small fund that trades thinly, so spreads can be wider than a mega-ETF's and large orders can move the price.
  • BABO Everything rides one stock: Alibaba. Premium cushions the ride, but a rough stretch in BABA still shows up here.
  • Exposure is synthetic, built from options on BABA rather than the shares, so there is no stock ownership, no underlying dividend, and roll mechanics matter.yieldmaxetfs.com
  • A smaller, lightly traded fund launched in 2024, so quoted spreads can run wider than the headline ETFs and the history to judge it by is short.

Full AAPY profile⁠

Full BABO profile⁠

AAPY vs BABO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AAPY vs BABO Cost

Overpaying BABO vs AAPY

$163

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AAPY 0.99%

    $18,525

  • BABO 1.00%

    $18,688

$10,000
30 years

Cost over time

  • AAPY 0.99%
  • BABO 1.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BABO $18,688AAPY $18,525

Year by year

YearAAPYBABOOverpaying
10$1,746$1,763$17
20$6,565$6,625$60
30$18,525$18,688$163

Expense ratio

  • 0.99%AAPY, cheaper
  • 1.00%BABO
  • Middle half of Single-Stock Option Income funds
  • Median 1.04%

AAPY 9th cheapest of 71 funds

BABO 20th cheapest of 71 funds

AAPY vs BABO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AAPY 10.78%
BABO 76.97%, better
Payout (12M)
AAPY $3.05
BABO $4.85
Last payment
AAPY $0.25
BABO $0.04
Ex-dividend
AAPY Oct 21, 2026
BABO Oct 29, 2026
Paid on
AAPY Oct 22, 2026
BABO Oct 30, 2026
Frequency
AAPY Monthly
BABO Weekly

Distribution history

Per share, 2026, same scale for both

AAPYMonthly · 10 paymentsAll AAPY payments⁠
One bar per payment. 10 payments in 2026 YTD. Jan 21, 2026 $0.25; Feb 18, 2026 $0.25; Mar 18, 2026 $0.25; Apr 22, 2026 $0.25; May 20, 2026 $0.30; Jun 17, 2026 $0.25; Jul 22, 2026 $0.25; Aug 19, 2026 $0.25; Sep 16, 2026 $0.25; Oct 21, 2026 $0.25. Use the arrow keys to read each point.$0$0.252026YTD
BABOWeekly · 44 paymentsAll BABO payments⁠
One bar per payment. 44 payments in 2026 YTD. Jan 2, 2026 $0.09; Jan 8, 2026 $0.12; Jan 15, 2026 $0.09; Jan 22, 2026 $0.13; Jan 29, 2026 $0.17; Feb 5, 2026 $0.12; Feb 12, 2026 $0.11; Feb 19, 2026 $0.10; Feb 26, 2026 $0.10; Mar 5, 2026 $0.09; Mar 12, 2026 $0.09; Mar 19, 2026 $0.09; Mar 26, 2026 $0.09; Apr 2, 2026 $0.09; Apr 9, 2026 $0.09; Apr 16, 2026 $0.09; Apr 23, 2026 $0.08; Apr 30, 2026 $0.10; May 7, 2026 $0.09; May 14, 2026 $0.10; May 21, 2026 $0.08; May 28, 2026 $0.09; Jun 4, 2026 $0.09; Jun 11, 2026 $0.08; Jun 18, 2026 $0.07; Jun 25, 2026 $0.07; Jul 2, 2026 $0.05; Jul 9, 2026 $0.06; Jul 16, 2026 $0.07; Jul 23, 2026 $0.08; Jul 30, 2026 $0.12; Aug 6, 2026 $0.16; Aug 13, 2026 $0.10; Aug 20, 2026 $0.08; Aug 27, 2026 $0.07; Sep 3, 2026 $0.06; Sep 10, 2026 $0.05; Sep 17, 2026 $0.06; Sep 24, 2026 $0.05; Oct 1, 2026 $0.05; Oct 8, 2026 $0.04; Oct 15, 2026 $0.05; Oct 22, 2026 $0.05; Oct 29, 2026 $0.04. Use the arrow keys to read each point.$0$0.252026YTD

AAPY vs BABO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AAPY 18.4%BABO 40.7%since Sep 2024
Return per unit of riskSharpe ratio, 3 years
AAPY 0.84BABO 0.11since Sep 2024
Worst fallMax drawdown, 5 years
AAPY −29.2%since Oct 2023BABO −42.3%since Aug 2024
Market sensitivityBeta, 5 years
AAPY 0.75BABO 0.50

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