Kurv Yield Premium Strategy Apple ETF (AAPY)Derivative Income | Exchange Traded Fund | Cboe US
25.12 USD
-0.44
(-1.712%) ⇩
(June 12, 2026, 2:09 p.m.
EDT)
After hours: 25.13 +0.01 (0.030%) ⇧ (June 12, 2026, 5:05 p.m. EDT) |
Hot Take ↕ | June 7, 2026, 1:23 a.m. EDT
The most compelling feature here is the massive 11.24% dividend yield, which acts as a powerful floor for the share price. However, this yield comes with a significant caveat: the underlying strategy relies on selling synthetic covered calls, meaning capital appreciation is capped while downside risk remains exposed to the volatility of the underlying Apple stock. Looking at the price history, the fund has suffered a 16.45% decline over the last year, dragging the price down despite the heavy payouts. While the recent trading session shows some recovery, the long-term trajectory remains negative. The options market offers no clear signal of a breakout, with traders largely ignoring the instrument. For investors, this is a classic 'high yield, high risk' trade where the income is attractive but the principal is under pressure from the strategy's structural limitations. |
| Model | MAE |
|---|---|
| MSTL_59_93 ✓ | 0.066679 |
| MSTL_59 | 0.067359 |
| AutoARIMA | 0.071912 |
| AutoETS | 0.071912 |
| AutoTheta | 0.072353 |
| MSTL | 0.072824 |
| MSTL_93 | 0.075284 |
Forecast horizon: 60 days | Selected: MSTL_59_93
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 8.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.034 |
| Excess Kurtosis | -1.23 |
As of June 7, 2026, 1:23 a.m. EDT: Options activity is sparse with negligible open interest across most strikes. The only notable positioning involves a small amount of in-the-money calls expiring in early 2027 and a single ATM put expiring in June 2026. This lack of significant speculative positioning suggests the market views the instrument as a niche yield play rather than a vehicle for directional bets on Apple's near-term volatility.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.14% | 13.17% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-05-20 | 0.300 | 1.142770 |
| 2026-04-22 | 0.250 | 1.059591 |
| 2026-03-18 | 0.250 | 1.150483 |
| 2026-02-18 | 0.250 | 1.069610 |
| 2026-01-21 | 0.250 | 1.124252 |
| 2025-12-17 | 0.250 | 1.004419 |
| 2025-11-19 | 0.250 | 1.016260 |
| 2025-10-22 | 0.250 | 1.046025 |
| 2025-09-17 | 0.250 | 1.069244 |
| 2025-08-20 | 0.250 | 1.111160 |
| 2025-07-16 | 0.250 | 1.152817 |
| 2025-06-17 | 0.250 | 1.219274 |
| 2025-05-21 | 0.250 | 1.173378 |
| 2025-04-16 | 0.250 | 1.206680 |
| 2025-03-19 | 0.300 | 1.316367 |
| 2025-02-19 | 0.300 | 1.157095 |
| 2025-01-23 | 0.300 | 1.236349 |
| 2024-12-24 | 1.750 | 6.326826 |
| 2024-11-20 | 0.290 | 1.085736 |
| 2024-10-23 | 0.294 | 1.077713 |
| 2024-09-25 | 0.297 | 1.096022 |
| 2024-08-21 | 0.298 | 1.092656 |
| 2024-07-24 | 0.284 | 1.070164 |
| 2024-06-26 | 0.265 | 1.003750 |
| 2024-05-22 | 0.244 | 0.967716 |
| 2024-04-24 | 0.221 | 0.951561 |
| 2024-03-20 | 0.232 | 0.946051 |
| 2024-02-21 | 0.234 | 0.931269 |
| 2024-01-24 | 0.244 | 0.913858 |
| 2023-12-20 | 0.249 | 0.927754 |
| 2023-11-22 | 0.330 | 1.242470 |
| Attribute | Value |
|---|---|
| All Time High | 29.29 |
| All Time Low | 18.84 |
| Ask | 25.12 |
| Ask Size | 4,900 |
| Average Daily Volume10 Day | 4,600 |
| Average Daily Volume3 Month | 3,677 |
| Average Volume | 3,677 |
| Average Volume10Days | 4,600 |
| Beta3 Year | 0.0 |
| Bid | 25.02 |
| Bid Size | 500 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.26 |
| Day Low | 25.0015 |
| Dividend Yield | 11.24 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.82084 |
| Fifty Day Average Change | 0.30165863 |
| Fifty Day Average Change Percent | 0.012153441 |
| Fifty Two Week Change Percent | 19.639027 |
| Fifty Two Week High | 27.57 |
| Fifty Two Week High Change | -2.4475002 |
| Fifty Two Week High Change Percent | -0.08877404 |
| Fifty Two Week Low | 20.491 |
| Fifty Two Week Low Change | 4.6315002 |
| Fifty Two Week Low Change Percent | 0.22602609 |
| Fifty Two Week Range | 20.491 - 27.57 |
| First Trade Date Milliseconds | 1,698,413,400,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Kurv Investment Management |
| Fund Inception Date | 1,698,278,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the common stock of Apple Inc.(“AAPL or the “Underlying Security), subject to potential limits on investment gains. The fund is non-diversified. |
| Long Name | Kurv Yield Premium Strategy Apple ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1853011670 |
| Nav Price | 25.5489 |
| Net Assets | 6,240,374.0 |
| Net Expense Ratio | 0.99 |
| Open | 25.26 |
| Phone | 8,605,433,942 |
| Post Market Change | 0.007499695 |
| Post Market Change Percent | 0.029852502 |
| Post Market Price | 25.13 |
| Post Market Time | 1,781,298,300 |
| Previous Close | 25.56 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.4375 |
| Regular Market Change Percent | -1.71166 |
| Regular Market Day High | 25.26 |
| Regular Market Day Low | 25.0015 |
| Regular Market Day Range | 25.0015 - 25.26 |
| Regular Market Open | 25.26 |
| Regular Market Previous Close | 25.56 |
| Regular Market Price | 25.1225 |
| Regular Market Time | 1,781,287,785 |
| Regular Market Volume | 6,448 |
| Short Name | Kurv Yield Premium Strategy App |
| Source Interval | 15 |
| Symbol | AAPY |
| Total Assets | 6,240,374 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 19.84573 |
| Trailing Three Month Returns | 19.84573 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.14862 |
| Two Hundred Day Average Change | 0.97387886 |
| Two Hundred Day Average Change Percent | 0.04032855 |
| Type Disp | ETF |
| Volume | 6,448 |
| Yield | 0.112399995 |
| Ytd Return | 15.32516 |