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ACYQ vs APLY

FT Vest Autocallable Barrier & High Income ETF

ACYQANYSE Arca

YieldMax AAPL Option Income Strategy ETF

APLYBNYSE Arca

Overlap

0.0%by weight

Expense ratio

ACYQ −0.29pt a year

ACYQ0.75%APLY1.04%

Avg volume · 30D

ACYQ 1.02×the volume

ACYQ98KAPLY95.8K

ACYQ vs APLY Performance

Jul 31, 2026 – Oct 28, 2026

+6.6%ACYQ+9.0%APLY

Jul 31, 2026 to Oct 28, 2026. ACYQ +6.6%. APLY +9.0%. Use the arrow keys to read each point.0%2.5%5%Jul 31Sep 14Oct 28
Expense ratio
ACYQ 0.75%, better
APLY 1.04%
Fund size
ACYQ $102M
APLY $111M
1Y total return
ACYQ No data
APLY +17.3%
Yield (12M)
ACYQ No data
APLY 31.90%
Holdings
ACYQ 7
APLY 10
Avg volume (30D)
ACYQ 98K sh, better
APLY 95.8K sh
NAV per share
ACYQ $20.20
APLY $11.94
52W range

ETF.net Grade

ACYQ as of

ACYQ: Cost 99, Risk 96, Mission not scored, Tradability 55, Holdings not scored, Durability 66. APLY: Cost 49, Risk 77, Mission 57, Tradability 71, Holdings not scored, Durability 85.
Pillar letters and Scores for ACYQ, APLY, with each pillar’s weight
PillarACYQAPLY
Cost30% weightA99HigherC49
Mission25% weightNot scoredB57
Risk15% weightA96HigherA77
Tradability15% weightB55A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB66A85Higher

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. ACYQ and APLY 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 ›

ACYQ ranks 2nd and APLY 19th 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 13BTSMYYieldMax TSM Option Income Strategy ETFScore 62
  5. Rank 19BAPLYYieldMax AAPL Option Income Strategy ETFScore 61
  6. Rank 19BGOOYYieldMax GOOGL Option Income Strategy ETFScore 61

Our read on each fund

ETF.net Research

ACYQAFT Vest Autocallable Barrier & High Income ETF

APLYBYieldMax AAPL Option Income Strategy ETF

In short

ACYQ No data

APLY Runs the Apple covered-call trade with options standing in for Apple stock: premium income up front, upside capped on the way. A first-wave YieldMax fund from 2023, priced under the other AAPL option-income ETF.

Stated mandate

ACYQ No data

APLY The Fund seeks current income and exposure to Apple Inc. share-price returns, with potential gains limited by its options strategy.

Why people hold it

ACYQ No data

  • APLY The mechanism is stated plainly in the prospectus: current income plus exposure to Apple's share-price returns, with potential gains limited by the options strategy. No mystery about the trade you're making.
  • At 1.04%, it undercuts AAPY, the other AAPL option-income fund, and sits just below the typical fee in its single-stock income cohort.
  • Live since 2023, an early entrant in a category that has since filled with lookalikes, and among the stronger builds in a crowded field of single-stock income funds.
  • Trades actively enough for a niche single-stock product, so getting in and out doesn't depend on thin-market luck.

Worth knowing

ACYQ No data

  • APLY Capped by design. The calls it sells limit how much of an Apple rally the fund keeps, while a drop in Apple still flows through.
  • You hold a synthetic options position, not Apple shares. No shareholder rights, and no Apple dividend passing through to you.
  • Payouts swing with option premiums, and YieldMax discloses that some of a distribution can be return of capital: your own money coming back, not profit.yieldmaxetfs.com

Full ACYQ profile⁠

Full APLY profile⁠

ACYQ vs APLY Holdings

As of

How ACYQ and APLY differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of ACYQ and 0.0% of APLY.

Level by level

  • Holdings0 in both0.0%

Sector

No Sector split for ACYQ and APLY.

Country, concentration and asset class

Country by domicile

No country split for ACYQ.

Concentration

Weight in the 10 largest Holdings

  • ACYQ100.0%
  • APLY102.4%

Securities held

  • ACYQ6
  • APLY9

Asset class

ACYQ
Multi-Asset
APLY
Alternatives

Holdings

  • Only in ACYQ6
  • In both0
  • Only in APLY9

Only in ACYQ

6 securities, 98.4% of ACYQ by weight

  • U.S. Treasury Bill, 0%, due 11/27/202633.26%
  • U.S. Treasury Bill, 0%, due 12/31/202632.26%
  • U.S. Treasury Bill, 0%, due 10/29/202631.90%

Only in APLY

9 securities, 96.0% of APLY by weight

  • United States Treasury Note/Bond 3.375% 09/15/202726.02%
  • United States Treasury Bill 07/08/202724.67%
  • United States Treasury Bill 02/18/202714.66%

Weight gaps

ACYQ and APLY share no securities.

All 3 ACYQ holdings⁠All 7 APLY 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.

ACYQ vs APLY Cost

Overpaying APLY vs ACYQ

$4,852

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

  • ACYQ 0.75%

    $14,482

  • APLY 1.04%

    $19,334

$10,000
30 years

Cost over time

  • ACYQ 0.75%
  • APLY 1.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530APLY $19,334ACYQ $14,482

Year by year

YearACYQAPLYOverpaying
10$1,336$1,831$495
20$5,078$6,867$1,789
30$14,482$19,334$4,852

Expense ratio

  • 0.75%ACYQ, cheaper
  • 1.04%APLY
  • Middle half of Single-Stock Option Income funds
  • Median 1.04%

ACYQ 2nd cheapest of 71 funds

APLY 36th cheapest of 71 funds

ACYQ vs APLY Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ACYQ No data
APLY 31.90%
Payout (12M)
ACYQ No data
APLY $3.79
Last payment
ACYQ $0.39
APLY $0.06
Ex-dividend
ACYQ Oct 1, 2026
APLY Oct 29, 2026
Paid on
ACYQ Oct 2, 2026
APLY Oct 30, 2026
Frequency
ACYQ Monthly
APLY Weekly

Distribution history

Per share, 2026, same scale for both

ACYQMonthly · 2 paymentsAll ACYQ payments⁠
One bar per payment. 2 payments in 2026 YTD. Sep 1, 2026 $0.37; Oct 1, 2026 $0.39. Use the arrow keys to read each point.$0$0.252026YTD
APLYWeekly · 44 paymentsAll APLY payments⁠
One bar per payment. 44 payments in 2026 YTD. Jan 2, 2026 $0.05; Jan 8, 2026 $0.05; Jan 15, 2026 $0.04; Jan 22, 2026 $0.05; Jan 29, 2026 $0.05; Feb 5, 2026 $0.06; Feb 12, 2026 $0.18; Feb 19, 2026 $0.05; Feb 26, 2026 $0.09; Mar 5, 2026 $0.06; Mar 12, 2026 $0.06; Mar 19, 2026 $0.05; Mar 26, 2026 $0.06; Apr 2, 2026 $0.06; Apr 9, 2026 $0.06; Apr 16, 2026 $0.07; Apr 23, 2026 $0.09; Apr 30, 2026 $0.10; May 7, 2026 $0.10; May 14, 2026 $0.12; May 21, 2026 $0.11; May 28, 2026 $0.12; Jun 4, 2026 $0.11; Jun 11, 2026 $0.07; Jun 18, 2026 $0.06; Jun 25, 2026 $0.05; Jul 2, 2026 $0.05; Jul 9, 2026 $0.06; Jul 16, 2026 $0.08; Jul 23, 2026 $0.10; Jul 30, 2026 $0.14; Aug 6, 2026 $0.06; Aug 13, 2026 $0.06; Aug 20, 2026 $0.06; Aug 27, 2026 $0.06; Sep 3, 2026 $0.06; Sep 10, 2026 $0.05; Sep 17, 2026 $0.07; Sep 24, 2026 $0.08; Oct 1, 2026 $0.07; Oct 8, 2026 $0.06; Oct 15, 2026 $0.06; Oct 22, 2026 $0.05; Oct 29, 2026 $0.06. Use the arrow keys to read each point.$0$0.252026YTD

ACYQ vs APLY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ACYQ No dataAPLY 15.4%
Return per unit of riskSharpe ratio, 3 years
ACYQ No dataAPLY 0.78
Worst fallMax drawdown, 5 years
ACYQ No dataAPLY −31.0%since Apr 2023
Market sensitivityBeta, 5 years
ACYQ 1.82APLY 0.65

ACYQ and APLY in the news

All news⁠

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