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
- 173
- Avg. Expense Ratio
- 0.81%
- Avg. Dividend Yield
- 13.31%
- Avg. 1 Year Return
- 10.47%
- Median Risk/Return Score
- 82 / 100
The Best Options Trading ETFs
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| Symbol | Full Name | Category | Inception | Expense Ratio | YTD Return | 10Y Return (Annualized) | Dividend Yield | Risk / Return Rank | Max. Drawdown | Sharpe Ratio | Sortino Ratio | Omega Ratio | Martin Ratio | Calmar Ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JPMorgan US 100Q Equity Premium Income Active ETF | Derivative Income, Nasdaq-100, Options Trading, Actively Managed | May 23, 2023 | 0.40% | 0.02% | — | 9.28% | 21 | ||||||||
| Betashares S&P 500 Yield Maximiser Complex ETF | Derivative Income, S&P 500, Options Trading | Sep 17, 2014 | 0.79% | -0.96% | 9.48% | 3.17% | 19 |
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 | 32.22M | Mar 2023 | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 199.47M | May 2020 | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 98 | — | Mar 2024 | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | 153.67M | Mar 2023 |
Best-Performing Options Trading ETFs Over 5 Years
The top Options Trading ETFs is FJUL (11.47%).
Across the lineup, Options Trading ETFs show an average 1-year return of 10.47% and an average 5-year return of 8.28%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| FT Cboe Vest U.S. Equity Buffer ETF - July | 11.47% | 1.22B | Jul 2020 | |
| Innovator S&P 500 Buffer ETF - February | 11.42% | 253.94M | Jan 2020 | |
| AllianzIM U.S. Large Cap Buffer10 Jul ETF | 11.27% | 56.00M | Jun 2020 | |
| TrueShares Structured Outcome (September) ETF | 10.57% | 127.95M | Aug 2020 | |
| TrueShares Structured Outcome (November) ETF | 10.45% | 34.73M | Oct 2020 |
Lowest-Cost Options Trading ETFs
The top Options Trading ETFs is CBOX (0.14%).
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 |
|---|---|---|---|---|
| Calamos Tax-Aware Collateral ETF | 0.14% | 1.21B | Apr 2026 | |
| Parametric Hedged Equity ETF | 0.29% | 139.40M | Oct 2023 | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.87M | Jul 2025 | |
| Simplify Hedged Equity ETF | 0.43% | 296.16M | Nov 2021 | |
| Castellan Targeted Income ETF | 0.45% | — | Jun 2025 |
Highest-Yield Options Trading ETFs
The top Options Trading ETFs is TSYY (256.16%).
Across the lineup, Options Trading ETFs show an average dividend yield of 13.31%, 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 | 256.16% | 61.77M | Dec 2024 | |
| GraniteShares YieldBOOST SMCI ETF | 215.24% | 7.46M | Sep 2025 | |
| YieldMax HOOD Option Income Strategy ETF | 148.68% | 124.49M | May 2025 | |
| YieldMax HIMS Option Income Strategy ETF | 122.19% | 13.98M | Sep 2025 | |
| Roundhill Ether Covered Call Strategy ETF | 121.07% | 58.82M | Sep 2024 |
Top ETFs Categories
Europe Equities · 591 ETFsGlobal Equities · 586 ETFsLeveraged Equities · 557 ETFsDerivative Income · 520 ETFsLarge Cap Blend Equities · 453 ETFsAsia Pacific Equities · 449 ETFsTechnology Equities · 421 ETFsDefined Outcome · 345 ETFsEmerging Markets Equities · 341 ETFsDividend · 313 ETFsS&P 500 · 308 ETFsCorporate Bonds · 301 ETFsGovernment Bonds · 259 ETFsForeign Large Cap Equities · 250 ETFsLarge Cap Growth Equities · 244 ETFsEnergy Equities · 211 ETFsESG · 208 ETFsHigh Yield Bonds · 206 ETFsLarge Cap Value Equities · 206 ETFsCryptocurrency · 202 ETFsActively Managed · 201 ETFsQuality Factor · 180 ETFsPrecious Metals · 165 ETFsHealth & Biotech Equities · 154 ETFsMunicipal Bonds · 150 ETFsREIT · 149 ETFsJapan Equities · 144 ETFsFinancials Equities · 138 ETFsEuropean Government Bonds · 137 ETFsEmerging Markets Bonds · 136 ETFs
Top ETFs Comparisons
Compare the top ETFs symbols based on PortfoliosLab usage data.
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