The Best Options Trading ETFs
The table below compares the performance and other essential indicators like dividend yield and expense ratio of Options Trading ETFs.
Options Trading ETFs and funds use options contracts as a central part of their strategy — to generate income, hedge risk, or amplify directional exposure. This category spans covered-call income funds, hedged-equity strategies, and leveraged or defined-outcome structures, giving investors access to options-based approaches that would otherwise require active, sophisticated execution.
- Number of ETFs
- 157
- Avg. Expense Ratio
- 0.81%
- Avg. Dividend Yield
- 10.86%
- Avg. 1 Year Return
- 11.93%
- Median Risk/Return Score
- 72 / 100
The Best Options Trading ETFs
157 results
Best Options Trading ETFs by Risk/Return Score
The top Options Trading ETFs by PortfoliosLab Risk/Return Score are LAPR (99) and APRJ (98).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.69M | Mar 2023 | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.50M | May 2020 | |
| PGIM US Large-Cap Buffer 20 ETF - April | 97 | — | Mar 2024 | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 97 | — | Mar 2024 |
Best-Performing Options Trading ETFs Over 5 Years
The top Options Trading ETFs is JULT (11.43%).
Across the lineup, Options Trading ETFs show an average 1-year return of 11.93% and an average 5-year return of 9.01%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| AllianzIM U.S. Large Cap Buffer10 Jul ETF | 11.43% | 52.46M | Jun 2020 | |
| FT Cboe Vest U.S. Equity Buffer ETF - July | 11.37% | 1.18B | Jul 2020 | |
| Innovator S&P 500 Buffer ETF - February | 11.13% | 255.09M | Jan 2020 | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | 10.66% | 180.36M | Jan 2013 | |
| TrueShares Structured Outcome (November) ETF | 10.59% | 37.75M | Oct 2020 |
Lowest-Cost Options Trading ETFs
The top Options Trading ETFs is PHEQ (0.29%).
With an average expense ratio of 0.81%, Options Trading 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 Hedged Equity ETF | 0.29% | 137.12M | Oct 2023 | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.57M | Jul 2025 | |
| Simplify Hedged Equity ETF | 0.43% | 316.92M | Nov 2021 | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.90M | Jan 2021 | |
| iShares Large Cap Moderate Buffer ETF | 0.50% | 166.68M | Jun 2023 |
Highest-Yield Options Trading ETFs
The top Options Trading ETFs is TSYY (270.76%).
Across the lineup, Options Trading ETFs show an average dividend yield of 10.86%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| GraniteShares YieldBOOST TSLA ETF | 270.76% | 81.38M | Dec 2024 | |
| YieldMax HOOD Option Income Strategy ETF | 136.37% | 144.43M | May 2025 | |
| YieldMax Bitcoin Option Income Strategy ETF | 105.42% | 36.72M | Apr 2024 | |
| YieldMax TSLA Option Income Strategy ETF | 91.67% | 801.39M | Nov 2022 | |
| YieldMax HIMS Option Income Strategy ETF | 86.09% | 12.04M | Sep 2025 |
Top ETFs Categories
Leveraged Equities · 529 ETFsEurope Equities · 513 ETFsGlobal Equities · 456 ETFsDerivative Income · 445 ETFsLarge Cap Blend Equities · 442 ETFsTechnology Equities · 379 ETFsDefined Outcome · 330 ETFsS&P 500 · 279 ETFsLarge Cap Growth Equities · 233 ETFsDividend · 214 ETFsEmerging Markets Equities · 211 ETFsForeign Large Cap Equities · 208 ETFsCorporate Bonds · 198 ETFsAsia Pacific Equities · 187 ETFsLarge Cap Value Equities · 177 ETFsGovernment Bonds · 173 ETFsCryptocurrency · 171 ETFsHigh Yield Bonds · 167 ETFsPrecious Metals · 158 ETFsMunicipal Bonds · 150 ETFsEnergy Equities · 142 ETFsHealth & Biotech Equities · 135 ETFsREIT · 130 ETFsNasdaq-100 · 129 ETFsDiversified Portfolio · 119 ETFsFinancials Equities · 116 ETFsEuropean Government Bonds · 115 ETFsChina Equities · 114 ETFsJapan Equities · 114 ETFsGold · 111 ETFs
Top ETFs Comparisons
Compare the top ETFs symbols based on PortfoliosLab usage data.
QDTE vs. XDTEQDTE vs. QQQIQDTE vs. QQQQDTE vs. QYLDQDTE vs. RDTEYMAX vs. ULTYYMAX vs. YMAGYMAX vs. XDTEYMAX vs. TSYYYMAX vs. SPYNVDY vs. NVDANVDY vs. MSTYNVDY vs. CONYNVDY vs. ULTYNVDY vs. NVDXTSLY vs. TSLATSLY vs. TSYYTSLY vs. TSLLTSLY vs. TSLWTSLY vs. TSLPQQQY vs. QQQIQQQY vs. QQQQQQY vs. QQQMQQQY vs. JEPQQQQY vs. JEPIHELO vs. SPYHELO vs. PHEQHELO vs. VOOHELO vs. JHQDXHELO vs. HALONVII vs. NVDWNVII vs. NVDANVII vs. NVYYNVII vs. TSIINVII vs. NVDXGDXY vs. GDXGDXY vs. GDXWGDXY vs. GLDYGDXY vs. GLDGDXY vs. BTGDHEQT vs. XEQT.TOHEQT vs. VEQT.TOHEQT vs. SPYHEQT vs. HEGDHEQT vs. ACIOGLDI vs. IGLDGLDI vs. GLDGLDI vs. SCHDGLDI vs. GLDYGLDI vs. BGLD
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