The Best Derivative Income ETFs
The table below compares the performance and other essential indicators like dividend yield and expense ratio of Derivative Income ETFs.
Derivative Income ETFs and funds generate income by writing options — typically covered calls — on stocks, indexes, or other holdings, distributing the resulting premiums to shareholders. This strategy aims to produce higher current yields than the underlying assets alone, often appealing to income-focused investors, though it can cap upside participation during strong market rallies.
- Number of ETFs
- 300
- Avg. Expense Ratio
- 0.85%
- Avg. Dividend Yield
- 48.76%
- Avg. 1 Year Return
- 11.00%
- Median Risk/Return Score
- 41 / 100
The Best Derivative Income ETFs
300 results
Best Derivative Income ETFs by Risk/Return Score
The top Derivative Income ETFs by PortfoliosLab Risk/Return Score are THTA (95) and CHPY (95).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | |
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.11B | Apr 2025 | |
| YieldMax AMD Option Income Strategy ETF | 93 | 413.17M | Sep 2023 | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 240.18M | Jul 2023 | |
| First Trust Nasdaq BuyWrite Income ETF | 89 | 904.92M | Jan 2014 |
Best-Performing Derivative Income ETFs Over 5 Years
The top Derivative Income ETFs is OVL (13.17%).
Across the lineup, Derivative Income ETFs show an average 1-year return of 11.00% and an average 5-year return of 9.59%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| Overlay Shares Large Cap Equity ETF | 13.17% | 182.90M | Sep 2019 | |
| FT Vest Gold Strategy Target Income ETF | 12.63% | 510.79M | Mar 2021 | |
| Global X Nasdaq 100 Covered Call & Growth ETF | 11.87% | 154.57M | Sep 2020 | |
| First Trust Nasdaq BuyWrite Income ETF | 11.27% | 904.92M | Jan 2014 | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | 10.74% | 167.37M | Jan 2013 |
Lowest-Cost Derivative Income ETFs
The top Derivative Income ETFs is PEPS (0.10%).
With an average expense ratio of 0.85%, Derivative Income ETFs remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.
| Symbol | Name | Expense Ratio | AUM | Inception |
|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 28.26M | Nov 2024 | |
| State Street US Equity Premium Income ETF | 0.25% | 45.12M | Sep 2024 | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 307.07M | Mar 2024 | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | |
| Parametric Equity Premium Income ETF | 0.29% | 405.44M | Oct 2023 |
Highest-Yield Derivative Income ETFs
The top Derivative Income ETFs is MST (1,217.72%).
Across the lineup, Derivative Income ETFs show an average dividend yield of 48.76%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| Defiance Leveraged Long Income MSTR ETF | 1,217.72% | 10.22M | May 2025 | |
| GraniteShares YieldBOOST COIN ETF | 434.63% | 21.94M | Jul 2025 | |
| Anfield Enhanced Market ETF | 407.25% | — | Jun 2025 | |
| Roundhill MSTR WeeklyPay ETF | 354.12% | 31.77M | Jul 2025 | |
| YieldMax™ MSTR Option Income Strategy ETF | 311.97% | 675.01M | Feb 2024 |
Top ETFs Categories
Leveraged Equities · 533 ETFsEurope Equities · 513 ETFsGlobal Equities · 463 ETFsLarge Cap Blend Equities · 413 ETFsAsia Pacific Equities · 412 ETFsTechnology Equities · 378 ETFsDefined Outcome · 340 ETFsS&P 500 · 280 ETFsLarge Cap Growth Equities · 233 ETFsEmerging Markets Equities · 221 ETFsDividend · 219 ETFsForeign Large Cap Equities · 213 ETFsCorporate Bonds · 203 ETFsGovernment Bonds · 184 ETFsCryptocurrency · 182 ETFsLarge Cap Value Equities · 178 ETFsHigh Yield Bonds · 168 ETFsOptions Trading · 164 ETFsPrecious Metals · 159 ETFsMunicipal Bonds · 150 ETFsEnergy Equities · 142 ETFsHealth & Biotech Equities · 138 ETFsREIT · 131 ETFsNasdaq-100 · 128 ETFsFinancials Equities · 122 ETFsDiversified Portfolio · 119 ETFsEuropean Government Bonds · 115 ETFsChina Equities · 114 ETFsJapan Equities · 114 ETFsGold · 112 ETFs
Top ETFs Comparisons
Compare the top ETFs symbols based on PortfoliosLab usage data.
JEPQ vs. QQQJEPQ vs. SCHDJEPQ vs. GPIQJEPQ vs. QQQMJEPQ vs. VOOQQQI vs. QQQQQQI vs. GPIQQQQI vs. SCHDQQQI vs. QQQYQQQI vs. IQQQJEPI vs. SCHDJEPI vs. SPYJEPI vs. VOOJEPI vs. XYLDJEPI vs. SPHDSPYI vs. SPYSPYI vs. SCHDSPYI vs. VOOSPYI vs. TSPYSPYI vs. SPYDMSTY vs. MSTRMSTY vs. ULTYMSTY vs. NVDYMSTY vs. BTC-USDMSTY vs. MSTE.TODIVO vs. SCHDDIVO vs. IDVODIVO vs. DGRODIVO vs. DIVDIVO vs. CGDVGPIX vs. GPIQGPIX vs. VOOGPIX vs. SPYGPIX vs. BALIGPIX vs. TSPYQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLGQDVO vs. GPIQQDVO vs. QQQQDVO vs. SCHGQDVO vs. SPYQDVO vs. VOOBTCI vs. BITOBTCI vs. IBITBTCI vs. YBTCBTCI vs. BITIBTCI vs. QQQ
Risk vs. Return Scatterplot
The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.
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5 Years