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AAPY vs MUIB

Kurv Yield Premium Strategy Apple (AAPL) ETF

AAPYACboe

Direxion MU Defined Income Boost ETF

MUIBCCboe

Overlap

Expense ratio

MUIB −0.02pt a year

AAPY0.99%MUIB0.97%

Avg volume · 30D

AAPY 3.5×the volume

AAPY5.85KMUIB1.67K

AAPY vs MUIB Performance

Jul 31, 2026 – Oct 30, 2026

+12.7%AAPY+8.9%MUIB

Jul 31, 2026 to Oct 30, 2026. AAPY +12.7%. MUIB +8.9%. Use the arrow keys to read each point.0%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
AAPY 0.99%
MUIB 0.97%, better
Fund size
AAPY $8M
MUIB $2M
1Y total return
AAPY +28.3%
MUIB No data
Yield (12M)
AAPY 10.78%
MUIB No data
Holdings
AAPY 6
MUIB 6
Avg volume (30D)
AAPY 5.85K sh, better
MUIB 1.67K sh
NAV per share
AAPY $28.39
MUIB $27.69
52W range

ETF.net Grade

AAPY: Cost 77, Risk 77, Mission 100, Tradability 63, Holdings 35, Durability 56. MUIB: Cost 91, Risk 62, Mission not scored, Tradability 10, Holdings not scored, Durability 31.
Pillar letters and Scores for AAPY, MUIB, with each pillar’s weight
PillarAAPYMUIB
Cost30% weightA77A91Higher
Mission25% weightA100Not scored
Risk15% weightA77HigherB62
Tradability15% weightB63HigherF10
Holdings10% weightD35Not scored
Durability5% weightB56HigherD31

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 MUIB 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 MUIB 43rd 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 43CMEIBDirexion META Defined Income Boost ETFScore 40
  7. Rank 43CMUIBDirexion MU Defined Income Boost ETFScore 40
  8. Rank 43BNFLPKurv Yield Premium Strategy Netflix (NFLX) ETFScore 40

Our read on each fund

ETF.net Research

AAPYAKurv Yield Premium Strategy Apple (AAPL) ETF

MUIBCDirexion MU Defined Income Boost 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).

MUIB No data

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.

MUIB No data

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.

MUIB No data

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.

MUIB No data

Full AAPY profile⁠

Full MUIB profile⁠

AAPY vs MUIB 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 MUIB Cost

Overpaying AAPY vs MUIB

$327

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

  • AAPY 0.99%

    $18,525

  • MUIB 0.97%

    $18,198

$10,000
30 years

Cost over time

  • AAPY 0.99%
  • MUIB 0.97%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AAPY $18,525MUIB $18,198

Year by year

YearAAPYMUIBOverpaying
10$1,746$1,712$34
20$6,565$6,443$122
30$18,525$18,198$327

Expense ratio

  • 0.99%AAPY
  • 0.97%MUIB, cheaper
  • Middle half of Single-Stock Option Income funds
  • Median 1.04%

MUIB 6th cheapest of 71 funds

AAPY 9th cheapest of 71 funds

AAPY vs MUIB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AAPY 10.78%
MUIB No data
Payout (12M)
AAPY $3.05
MUIB No data
Last payment
AAPY $0.25
MUIB $0.24
Ex-dividend
AAPY Oct 21, 2026
MUIB Oct 30, 2026
Paid on
AAPY Oct 22, 2026
MUIB Pays Nov 2, 2026
Frequency
AAPY Monthly
MUIB Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

AAPYMonthly · 36 paymentsAll AAPY payments⁠
One bar per payment. 36 payments from 2023 to 2026 YTD. Nov 22, 2023 $0.33; Dec 20, 2023 $0.25; Jan 24, 2024 $0.24; Feb 21, 2024 $0.23; Mar 20, 2024 $0.23; Apr 24, 2024 $0.22; May 22, 2024 $0.24; Jun 26, 2024 $0.27; Jul 24, 2024 $0.28; Aug 21, 2024 $0.30; Sep 25, 2024 $0.30; Oct 23, 2024 $0.29; Nov 20, 2024 $0.29; Dec 24, 2024 $1.75; Jan 23, 2025 $0.30; Feb 19, 2025 $0.30; Mar 19, 2025 $0.30; Apr 16, 2025 $0.25; May 21, 2025 $0.25; Jun 17, 2025 $0.25; Jul 16, 2025 $0.25; Aug 20, 2025 $0.25; Sep 17, 2025 $0.25; Oct 22, 2025 $0.25; Nov 19, 2025 $0.25; Dec 17, 2025 $0.25; 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$220232026YTD
MUIBIrregular · 6 paymentsAll MUIB payments⁠
One bar per payment. 6 payments from 2023 to 2026 YTD. Aug 14, 2026 $0.23; Aug 28, 2026 $0.24; Sep 15, 2026 $0.25; Sep 30, 2026 $0.58; Oct 15, 2026 $0.24; Oct 30, 2026 $0.24. Use the arrow keys to read each point.$0$220232026YTD

AAPY vs MUIB 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%MUIB No data
Return per unit of riskSharpe ratio, 3 years
AAPY 0.84MUIB No data
Worst fallMax drawdown, 5 years
AAPY −29.2%since Oct 2023MUIB No data
Market sensitivityBeta, 5 years
AAPY 0.75MUIB 0.00

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