2 cups apple juice
3 tablespoons caramel syrup (such as Hershey’s®)
1 teaspoon ground cinnamon
1/2 teaspoon ground nutmeg
1/4 teaspoon vanilla extract
1/4 cup whipped cream, or to taste (optional)
Whisk apple juice, caramel syrup, cinnamon, and nutmeg together in a saucepan over medium-high heat. Cook and whisk briskly until mixture is hot but not boiling, about 3 minutes. Add vanilla; cook and stir for 1 more minute. Pour into mugs and top with whipped cream.