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 269 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% | 27.32M | Nov 2024 | AMDY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | AMDY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | AMDY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | AMDY vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 768.95M | Jul 2024 | AMDY vs QQA |
Best Risk-Adjusted Alternatives to AMDY
AMDY has a PortfoliosLab risk / return rank of 90. There are 3 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | AMDY vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | AMDY vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | AMDY vs GOOY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | AMDY vs BUCK | |
| First Trust Nasdaq BuyWrite Income ETF | 86 | 908.39M | Jan 2014 | AMDY vs FTQI |
Top Performing AMDY Alternatives (YTD)
AMDY is at 101.34% YTD. There are 4 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | AMDY vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | AMDY vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | AMDY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | AMDY vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 82.68% | 1.16B | Apr 2025 | AMDY vs CHPY |
Lowest Volatility Alternatives to AMDY
AMDY has 56.19% 1-year volatility. There are 238 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | AMDY vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | AMDY vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | AMDY vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | AMDY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | AMDY vs XRMI |
Lowest Drawdown Alternatives to AMDY
AMDY has a 1-year max drawdown of -27.59%. There are 118 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | AMDY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | AMDY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | AMDY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | AMDY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | AMDY vs OMAH |
Often Compared With AMDY
Investors most often compare AMDY with AMD, NVDY, CONY. 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