YieldMax is a U.S.-based ETF provider specializing in option income strategies built around individual stocks and indices. YieldMax ETFs use synthetic covered call structures to generate high monthly income distributions, targeting investors seeking yield rather than capital growth. The YieldMax ETF list spans a range of underlying equities and indices with varying income potential and risk profiles. This page lets you compare YieldMax ETFs on expense ratio, historical returns, dividend yield, max drawdown, Sharpe ratio, Sortino ratio, and Risk/Return Score — useful for evaluating income strategies and understanding the risk-return trade-offs of option-based fund structures.

YieldMax

CHPY is an actively managed ETF that seeks current income and capital appreciation by investing directly in a select portfolio of 15-30 Semiconductor Companies and generating income primarily through writing options contracts on these companies.

NasdaqGM

CHPY

YieldMax GOOGL Option Income Strategy ETF is an actively managed ETF that seeks current income by selling option spreads tied to Alphabet Inc. Class A shares while maintaining exposure to potential GOOGL price appreciation; the fund does not invest directly in GOOGL.

NYSE Arca

GOOY

The fund is an actively managed ETF aimed at generating current income while offering indirect exposure to the share price of Taiwan Semiconductor Manufacturing Co Ltd. (NYSE: TSM), with a limitation on potential investment gains.

NYSEArca

TSMY

YieldMax™ Short MSTR Option Income Strategy ETF (WNTR) is an actively managed fund that aims to generate monthly income through a synthetic covered put strategy on MSTR, while providing indirect short exposure to MSTR's share price. Its primary objective is to seek current income, with a secondary objective of inverse exposure to MSTR shares, using OTM call options to limit potential losses.

WNTR

QDTY is an actively managed ETF that seeks current income by generating income primarily through writing out-of-the-money, zero days to expiration call options on the Index or Index ETFs, while also aiming for capital appreciation.

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
CHPY	YieldMax Semiconductor Portfolio Option Income ETF	4.09	—	—	96
GOOY	YieldMax GOOGL Option Income Strategy ETF	3.18	—	—	92
TSMY	YieldMax TSM Option Income Strategy ETF	2.52	—	—	87
WNTR	YieldMax Short MSTR Option Income Strategy ETF	1.93	—	—	56
QDTY	YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF	1.79	—	—	62

Top YieldMax ETFs by Sharpe Ratio

Top YieldMax ETFs by Sharpe Ratio