APLY vs NMI

Comparison between YIELDMAX(R) AAPL OPTION INCOME STRATEGY ETF (APLY, ETF) and Nuveen Municipal Income Fund (NMI, ETF).

APLY vs NMI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	APLY(ETF)	NMI(ETF)
Net Assets	$120M	$120M
Expense Ratio	1.04%	N/A
Max Drawdown	51.36%	37.13%
Sharpe Ratio	0.86	0.49
5Y Beta	0.91	0.07
5Y Dividends CAGR	N/A	4.84%

Net Assets

APLY

$120M

Winner

NMI

$120M

Expense Ratio

APLY

1.04%

NMI

N/A

Max Drawdown

APLY

51.36%

Winner

NMI

37.13%

Sharpe Ratio

Winner

APLY

0.86

NMI

0.49

5Y Beta

APLY

0.91

Winner

NMI

0.07

5Y Dividends CAGR

APLY

N/A

NMI

4.84%

APLY vs NMI - Historical Returns

Returns include dividend reinvestment.

Period	APLY	NMI
1 month	-6.58%	-3.18%
3 months	-1.23%	-1.68%
6 months	+8.27%	+6.40%
1 year	+21.91%	+11.60%
5 years(CAGR)	N/A	+1.44%
10 years(CAGR)	N/A	+2.21%
Max(CAGR)	+12.66%	+4.66%

APLY

-6.58%

Winner

NMI

-3.18%

Winner

APLY

-1.23%

NMI

-1.68%

Winner

APLY

+8.27%

NMI

+6.40%

Winner

APLY

+21.91%

NMI

+11.60%

5Y(CAGR)

APLY

N/A

NMI

+1.44%

10Y(CAGR)

APLY

N/A

NMI

+2.21%

Max(CAGR)

Winner

APLY

+12.66%

NMI

+4.66%

APLY vs NMI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	APLY	NMI
2026	+7.56%	+7.27%
2025	+7.24%	+9.47%
2024	+23.34%	+6.56%
2023	+11.56%	-1.27%
2022	N/A	-15.15%
2021	N/A	+4.22%
2020	N/A	+4.89%
2019	N/A	+14.75%
2018	N/A	-8.06%
2017	N/A	+7.78%
2016	N/A	-3.15%
2015	N/A	+5.68%
2014	N/A	+23.72%
2013	N/A	-13.55%
2012	N/A	+10.45%
2011	N/A	+18.12%
2010	N/A	-0.83%
2009	N/A	+18.46%
2008	N/A	-4.73%
2007	N/A	+3.15%
2006	N/A	+8.62%
2005	N/A	+10.00%
2004	N/A	+8.28%
2003	N/A	+2.33%
2002	N/A	-3.31%
2001	N/A	+0.15%
2000	N/A	+16.51%
1999	N/A	-3.48%

APLY vs NMI Drawdown Comparison

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

The maximum drawdown for NMI was -28.92%, occurring on Oct 24, 2022. Recovery took 890 trading sessions.

The current APLY drawdown is -8.39%. The current NMI drawdown is -6.24%.

Rank	APLY	NMI
#1	-30.32% Dec 26, 2024 - Oct 27, 2025	-28.92% Dec 21, 2021 - Jul 11, 2025
#2	-15.78% Jul 31, 2023 - Jun 17, 2024	-22.57% Mar 13, 2013 - Dec 11, 2014
#3	-11.71% Jun 2, 2026 - Jul 15, 2026	-20.89% May 30, 2008 - Apr 27, 2009
#4	-11.70% Dec 2, 2025 - May 7, 2026	-19.97% Mar 5, 2020 - Mar 30, 2020
#5	-10.31% Jul 28, 2026 - Aug 12, 2026	-18.02% Apr 7, 2017 - Aug 15, 2019
#6	-9.44% Jul 16, 2024 - Sep 30, 2024	-17.54% Aug 29, 2001 - May 20, 2003
#7	-4.67% Oct 22, 2024 - Nov 25, 2024	-16.27% Oct 11, 2016 - Apr 7, 2017
#8	-4.12% Sep 30, 2024 - Oct 15, 2024	-15.15% Nov 5, 2010 - Sep 30, 2011
#9	-3.18% Jun 17, 2024 - Jun 27, 2024	-13.50% Mar 19, 2004 - Jan 24, 2005
#10	-3.04% Jul 17, 2026 - Jul 27, 2026	-13.10% Mar 30, 2020 - Aug 31, 2020
#11	-2.50% Jun 30, 2023 - Jul 17, 2023	-12.93% May 6, 2015 - Dec 22, 2015
#12	-2.42% Nov 11, 2025 - Nov 24, 2025	-11.67% May 22, 2003 - Mar 19, 2004
#13	-2.02% May 1, 2023 - May 5, 2023	-11.64% Nov 8, 1999 - Feb 16, 2000
#14	-1.99% May 28, 2026 - Jun 2, 2026	-11.23% Aug 19, 2005 - Nov 30, 2006
#15	-1.72% Jun 2, 2023 - Jun 12, 2023	-10.96% Apr 21, 2026 - Jun 10, 2026

Correlation

Correlation between APLY and NMI is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (1999 - 2026)

APLY vs NMI dividend yield comparison.

Year	APLY	NMI
2026	23.38%	2.93%
2025	36.38%	4.59%
2024	24.95%	4.63%
2023	14.36%	4.04%
2022	0.00%	3.51%
2021	0.00%	3.22%
2020	0.00%	3.53%
2019	0.00%	4.15%
2018	0.00%	5.12%
2017	0.00%	4.21%
2016	0.00%	4.45%
2015	0.00%	4.28%
2014	0.00%	4.53%
2013	0.00%	5.68%
2012	0.00%	4.31%
2011	0.00%	4.94%
2010	0.00%	5.51%
2009	0.00%	4.95%
2008	0.00%	5.31%
2007	0.00%	4.85%
2006	0.00%	4.80%
2005	0.00%	5.14%
2004	0.00%	5.38%
2003	0.00%	5.95%
2002	0.00%	6.08%
2001	0.00%	6.28%
2000	0.00%	6.13%
1999	0.00%	1.14%