APLY vs NCIQ

Comparison between YIELDMAX(R) AAPL OPTION INCOME STRATEGY ETF (APLY, ETF) and Hashdex Nasdaq Crypto Index US ETF (NCIQ, ETF).

APLY vs NCIQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	APLY(ETF)	NCIQ(ETF)
Net Assets	$109M	$109M
Expense Ratio	1.04%	0.25%
Max Drawdown	49.96%	56.19%
Sharpe Ratio	1.58	-1.08
5Y Beta	0.95	1.22

Net Assets

APLY

$109M

Winner

NCIQ

$109M

Expense Ratio

APLY

1.04%

Winner

NCIQ

0.25%

Max Drawdown

Winner

APLY

49.96%

NCIQ

56.19%

Sharpe Ratio

Winner

APLY

1.58

NCIQ

-1.08

5Y Beta

Winner

APLY

0.95

NCIQ

1.22

APLY vs NCIQ - Historical Returns

Returns include dividend reinvestment.

Period	APLY	NCIQ
1 month	+6.03%	-26.61%
3 months	+13.84%	-17.51%
6 months	+6.67%	-36.45%
1 year	+37.55%	-42.94%
Max(CAGR)	+13.99%	-33.45%

Winner

APLY

+6.03%

NCIQ

-26.61%

Winner

APLY

+13.84%

NCIQ

-17.51%

Winner

APLY

+6.67%

NCIQ

-36.45%

Winner

APLY

+37.55%

NCIQ

-42.94%

Max(CAGR)

Winner

APLY

+13.99%

NCIQ

-33.45%

APLY vs NCIQ - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	APLY	NCIQ
2026	+8.66%	-36.64%
2025	+7.24%	-10.21%
2024	+23.34%	N/A
2023	+11.56%	N/A

APLY vs NCIQ Drawdown Comparison

The maximum drawdown for APLY was -30.32%, occurring on Apr 8, 2025. Recovery took 208 trading sessions.

The maximum drawdown for NCIQ was -56.19%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current APLY drawdown is -1.76%. The current NCIQ drawdown is -56.19%.

Rank	APLY	NCIQ
#1	-30.32% Dec 26, 2024 - Oct 27, 2025	-56.19% Oct 6, 2025 - Jun 5, 2026
#2	-15.78% Jul 31, 2023 - Jun 17, 2024	-25.48% Feb 20, 2025 - May 9, 2025
#3	-11.70% Dec 2, 2025 - May 7, 2026	-12.51% Aug 13, 2025 - Oct 6, 2025
#4	-9.44% Jul 16, 2024 - Sep 30, 2024	-7.86% May 22, 2025 - Jul 9, 2025
#5	-4.67% Oct 22, 2024 - Nov 25, 2024	-4.90% Jul 24, 2025 - Aug 11, 2025
#6	-4.12% Sep 30, 2024 - Oct 15, 2024	-3.12% Feb 14, 2025 - Feb 20, 2025
#7	-3.18% Jun 17, 2024 - Jun 27, 2024	-2.44% Jul 14, 2025 - Jul 16, 2025
#8	-2.50% Jun 30, 2023 - Jul 17, 2023	-2.05% May 13, 2025 - May 20, 2025
#9	-2.42% Nov 11, 2025 - Nov 24, 2025	-0.94% Jul 22, 2025 - Jul 24, 2025
#10	-2.02% May 1, 2023 - May 5, 2023	-0.64% Jul 17, 2025 - Jul 22, 2025
#11	-1.99% May 28, 2026 - Jun 2, 2026	-0.40% May 9, 2025 - May 13, 2025
#12	-1.76% Jun 2, 2026 - Jun 5, 2026	N/A
#13	-1.72% Jun 2, 2023 - Jun 12, 2023	N/A
#14	-1.67% May 19, 2023 - May 26, 2023	N/A
#15	-1.55% Dec 17, 2024 - Dec 20, 2024	N/A

Correlation

Correlation between APLY and NCIQ is -0.54 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.54

-101