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
- 10.91%
- Avg. 1 Year Return
- 11.98%
- Median Risk/Return Score
- 80 / 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 | 32.26M | Mar 2023 | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 190.94M | May 2020 | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | 156.53M | Mar 2023 |
Best-Performing Options Trading ETFs Over 5 Years
The top Options Trading ETFs is BFEB (11.55%).
Across the lineup, Options Trading ETFs show an average 1-year return of 11.98% and an average 5-year return of 9.23%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| Innovator S&P 500 Buffer ETF - February | 11.55% | 254.63M | Jan 2020 | |
| AllianzIM U.S. Large Cap Buffer10 Jul ETF | 11.55% | 63.55M | Jun 2020 | |
| FT Cboe Vest U.S. Equity Buffer ETF - July | 11.54% | 1.19B | Jul 2020 | |
| TrueShares Structured Outcome (September) ETF | 11.01% | 129.42M | Aug 2020 | |
| TrueShares Structured Outcome (November) ETF | 10.82% | 35.06M | 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% | 140.25M | Oct 2023 | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.58M | Jul 2025 | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.25M | Jan 2021 | |
| JPMorgan Hedged Equity Laddered Overlay ETF | 0.50% | 4.00B | Sep 2023 |
Highest-Yield Options Trading ETFs
The top Options Trading ETFs is TSYY (248.09%).
Across the lineup, Options Trading ETFs show an average dividend yield of 10.91%, 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 | 248.09% | 73.72M | Dec 2024 | |
| YieldMax HOOD Option Income Strategy ETF | 142.29% | 147.55M | May 2025 | |
| YieldMax HIMS Option Income Strategy ETF | 97.76% | 11.00M | Sep 2025 | |
| YieldMax Bitcoin Option Income Strategy ETF | 95.06% | 36.02M | Apr 2024 | |
| YieldMax Gold Miners Option Income Strategy ETF | 90.05% | 211.70M | May 2024 |
Top ETFs Categories
Global Equities · 651 ETFsEurope Equities · 573 ETFsLeveraged Equities · 550 ETFsDerivative Income · 491 ETFsLarge Cap Blend Equities · 463 ETFsAsia Pacific Equities · 424 ETFsTechnology Equities · 413 ETFsDefined Outcome · 343 ETFsS&P 500 · 293 ETFsDividend · 279 ETFsCorporate Bonds · 276 ETFsEmerging Markets Equities · 269 ETFsGovernment Bonds · 265 ETFsLarge Cap Growth Equities · 245 ETFsForeign Large Cap Equities · 230 ETFsHigh Yield Bonds · 199 ETFsCryptocurrency · 193 ETFsLarge Cap Value Equities · 193 ETFsPrecious Metals · 158 ETFsHealth & Biotech Equities · 152 ETFsMunicipal Bonds · 150 ETFsEnergy Equities · 149 ETFsREIT · 146 ETFsJapan Equities · 142 ETFsESG · 135 ETFsFinancials Equities · 134 ETFsNasdaq-100 · 131 ETFsEmerging Markets Bonds · 129 ETFsEuropean Government Bonds · 124 ETFsChina Equities · 123 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. GLDGDXY vs. BTGDGDXY vs. GOLDHEQT vs. XEQT.TOHEQT vs. VEQT.TOHEQT vs. SPYHEQT vs. HEGDHEQT vs. ACIOGLDI vs. IGLDGLDI vs. GLDGLDI vs. SCHDGLDI vs. BGLDGLDI vs. JEPQ
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