AAPW vs IWMY: Yield, Cost and Returns Compared
As of Nov 8, 2026, IWMY yields more: 37.66% (dividend yield) against 26.29% for AAPW. AAPW is cheaper to own at 1.00% a year vs 1.05%. Over the same months (Feb 2025 to Oct 2026), AAPW returned 23.4% a year with distributions reinvested, and IWMY 10.3%.
| Compared | AAPW | IWMY |
|---|---|---|
| YieldDividend yield | 26.29% | 37.66% |
| Expense ratio | 1.00% | 1.05% |
| Total return, 1 yr | +28.3% | +5.2% |
| Worst drop since Feb 2025 | -21.0% | -7.3% |
| Share price since Feb 2025 | −16% | −41% |
| Pays | Weekly | Weekly |
| Issuer | Roundhill | Defiance ETFs LLC |
| Assets | $44.3M | $79.5M |
| Started | 2025 | 2023 |
| Type | Trading--Miscellaneous | Trading--Miscellaneous |
Higher yield
IWMY
37.66%
Lower cost
AAPW
1.00%
Better total return
AAPW
23.4%/yr
Smaller worst drop
IWMY
-7.3%
Key facts: AAPW vs IWMY
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, AAPW yields 26.29% (dividend yield) and IWMY yields 37.66% (dividend yield).
- AAPW's expense ratio is 1.00% and IWMY's is 1.05%: $100 vs $105 a year on $10,000.
- From Feb 2025 to Oct 2026, $10,000 in AAPW grew to $14,201 (23.4% a year) and $10,000 in IWMY to $11,776 (10.3% a year), distributions reinvested.
- Their worst month-end drops over that time: -21.0% for AAPW and -7.3% for IWMY.
- 1 of AAPW's top ten holdings are also in IWMY's top ten, an overlap of at least 2% of the fund.
Cite this page
SmarterDividends, "AAPW vs IWMY: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/aapw-vs-iwmy
$10,000 in each, Feb 2025 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
AAPW became
$14,201
23.4% a year
IWMY became
$11,776
10.3% a year
Top holdings
1 of the top ten overlap, at least 2% of each fund.
AAPW
- FGXXX First American Government Obligs X13.0%
- AAPL Apple Inc5.6%
IWMY
- FGXXX First American Government Obligs X2.0%
AAPW vs IWMY: questions
Is AAPW or IWMY better?
It depends on the job. IWMY pays more today (37.66% vs 26.29%), AAPW costs less, and AAPW has the better total return over Feb 2025 to Oct 2026, with IWMY holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, AAPW or IWMY?
IWMY, at 37.66% against 26.29% for AAPW as of Nov 8, 2026. On $10,000 that's about $3,766 vs $2,629 a year at today's rates.
Which has the better total return?
AAPW. From Feb 2025 to Oct 2026, it returned 23.4% a year with distributions reinvested, against 10.3% for IWMY. $10,000 became $14,201 vs $11,776.
Which is cheaper, AAPW or IWMY?
AAPW, with a 1.00% expense ratio against 1.05%.
Do AAPW and IWMY hold the same things?
Partly. 1 of their top ten holdings match (FGXXX), at least 2% of each fund. Owning both doubles up on those.
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. AAPW leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.
