VS
When evaluating costs, APLY features a management fee (MER) of 0.4%, compared to 0.6% for BANK. Performance-wise, APLY has returned 29.3% year-to-date with -$6 M in net flows, whereas BANK is at 34.19% with +$334 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
APLY
BANK
| AuM | $32.87 M | $1,340.62 M |
| Management Fees | 0.40% | 0.60% |
| Exp. ratio | 1.76% | 0.83% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | APLY | +5.27% | +19.26% | +29.30% | +28.42% | +88.51% |
BANK | +4.84% | +1.85% | +34.19% | +46.34% | +120.56% | |
| Flows | APLY | -$3 M | -$3 M | -$6 M | -$7 M | +$10 M |
BANK | +$0 M | +$62 M | +$334 M | +$394 M | +$929 M |
APLY vs BANK exposure
Countries
APLY
Exposure data will be available soon
BANK
Exposure data will be available soon
Sectors
APLY
Exposure data will be available soon
BANK
Exposure data will be available soon
As of November 11, 2026
Top 10 Holdings
APLY
Exposure data will be available soon
BANK
Exposure data will be available soon
Diversification
APLY
Exposure data will be available soon
BANK
Exposure data will be available soon
Characteristics
Compare
APLY
BANK
| Provider | Purpose Investments | Evolve ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.02% | 13.81% |
| Meets ESG criteria | No | No |
| Inception Date | December 14, 2022 | February 1, 2022 |
Frequently asked questions about APLY and BANK
Which ETF has performed better year to date: APLY or BANK?
As of November 11, 2026, APLY has returned 29.30% year to date, while BANK has returned 34.19%. BANK is ahead on YTD performance.
Which ETF is larger by assets under management: APLY or BANK?
As of November 11, 2026, APLY manages $32.87 M in assets, while BANK manages $1.34 B. BANK is the larger fund by AUM.
How are APLY and BANK managed?
APLY is actively managed by Purpose Investments. It does not track an index. BANK is actively managed by Evolve ETFs. It does not track an index.
Which ETF is attracting more investor flows: APLY or BANK?
Year to date, APLY has seen -$5.93 M in net flows, compared with +$333.76 M for BANK. BANK has attracted more net investor money so far.
How do the fees of APLY and BANK compare?
APLY has an expense ratio of 1.76%, while BANK has an expense ratio of 0.83%.
Recent articles about APLY and BANK
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ETFs that employ covered call-writing strategies can be effective ways to generate monthly yield for investors while still providing exposure to a security or asset class on a long-term basis.
Posted on 6/13/2024 by Kyle Anthony inStock Market
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