YieldMax AMD Option Income Strategy ETF (AMDY) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AMDY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMDY
AMDY charges 1.23% annually. There are 311 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.05M | Nov 2024 | AMDY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | AMDY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | AMDY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | AMDY vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 358.08M | Dec 2007 | AMDY vs PBP |
Best Risk-Adjusted Alternatives to AMDY
AMDY has a PortfoliosLab risk / return rank of 81. There are 30 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | AMDY vs THTA | |
| Global X S&P 500 Covered Call ETF | 92 | 3.24B | Jun 2013 | AMDY vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | AMDY vs PBP | |
| Global X Russell 2000 Covered Call ETF | 89 | 1.37B | Apr 2019 | AMDY vs RYLD | |
| Blackrock Advantage Large Cap Income ETF | 89 | 1.30B | Sep 2023 | AMDY vs BALI |
Top Performing AMDY Alternatives (YTD)
AMDY is at 89.19% YTD. There are 2 ETFs in the Derivative Income category with higher YTD returns, going as high as 176.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 176.66% | 22.04M | Oct 2025 | AMDY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 150.15% | 114.09M | Jul 2025 | AMDY vs AMDW | |
| YieldMax MRNA Option Income Strategy ETF | 66.15% | 106.87M | Oct 2023 | AMDY vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 64.23% | 64.01M | Dec 2024 | AMDY vs SOXY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 62.38% | 1.02B | Apr 2025 | AMDY vs CHPY |
Lowest Volatility Alternatives to AMDY
AMDY has 60.95% 1-year volatility. There are 285 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | AMDY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | AMDY vs HYGW | |
| Janus Henderson Equity Linked Moderate Income ETF | 3.67% | — | Apr 2026 | AMDY vs JELM | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.82% | 289.20M | Apr 2026 | AMDY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.28M | Feb 2025 | AMDY vs HYTI |
Lowest Drawdown Alternatives to AMDY
AMDY has a 1-year max drawdown of -27.59%. There are 147 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | AMDY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | AMDY vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | AMDY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | AMDY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | AMDY vs THTA |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With AMDY
Investors most often compare AMDY with AMD, FBY, CRF. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare AMDY with Any Fund or Stock
Compare AMDY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMDY with funds that move differently
YieldMax AMD Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMDY.
Explore AMDY Diversifiers