YieldMax AAPL Option Income Strategy ETF
APLY
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Apr 18, 2023
- Website
- yieldmaxetfs.com
- Similar Companies
- Business
- YieldMax AAPL Option Income Strategy ETF (APLY) is an actively managed exchange-traded fund that seeks current monthly income through a synthetic covered call strategy on Apple Inc. (AAPL) stock, collateralized by cash and U.S. Treasurys; the fund employs both standardized exchange-traded options and FLEX options to generate income from selling/writing call options while providing capped participation in AAPL price gains, without direct investment in AAPL shares or entitlement to its dividends. Top holdings typically include U.S. Treasury notes/bills (e.g., 3.875% note due 2026, various Treasury bills maturing 2025-2026), cash equivalents, AAPL call and put options; the fund operates in the information technology equity segment, targeting income-focused investors seeking high yields from volatility harvesting. Launched on April 18, 2023, APLY trades on NYSE Arca with a net expense ratio of 1.06%, shares outstanding around 11 million, and total net assets of approximately $150 million as of late 2025. APLY forms part of the broader YieldMax ETFs suite, advised by Tidal Investments LLC (headquartered in Milwaukee, WI, with operations linked to Massapequa, NY), sub-advised by ZEGA Financial LLC, distributed by Foreside Fund Services LLC (Portland, ME), and custodied by U.S. Bank National Association (Milwaukee, WI). The YieldMax platform focuses on single-issuer or themed option income strategies across technology, crypto, and other sectors, with geographic operations centered in the U.S. markets. In early 2025, YieldMax fortified its trading capabilities through the integration of ZEGA Financial with Tidal Investments, enhancing infrastructure for ETF expansion and innovation. Recent product launches include the AI & Tech Portfolio Option Income ETF (GPTY) in January 2025 with weekly distributions; the first European UCITS ETF, YieldMax Big Tech Option Income UCITS ETF (YMAG), in March 2025 via partnership with HANetf, listed on LSE, Xetra, and Borsa Italiana; and the Performance & Distribution Target 25 ETFs family in November 2025 (e.g., MSST on MSTR, NVITNV on NVDA, TEst on TSLA), aiming for 25% annualized distribution levels with weekly payouts. These developments reflect YieldMax's strategic shift toward weekly income products, European market entry, and diversified high-yield option strategies amid growing AUM across 60+ funds.