Main Buywrite ETF (BUYW) 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 BUYW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BUYW
BUYW charges 1.29% annually. There are 310 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 | BUYW vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | BUYW vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | BUYW vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | BUYW vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 438.36M | Oct 2023 | BUYW vs PAPI |
Best Risk-Adjusted Alternatives to BUYW
BUYW has a PortfoliosLab risk / return rank of 86. There are 26 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | BUYW vs THTA | |
| Global X S&P 500 Covered Call ETF | 94 | 3.24B | Jun 2013 | BUYW vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 94 | 358.08M | Dec 2007 | BUYW vs PBP | |
| Simplify Treasury Option Income ETF | 93 | 489.70M | Oct 2022 | BUYW vs BUCK | |
| Global X Russell 2000 Covered Call ETF | 93 | 1.37B | Apr 2019 | BUYW vs RYLD |
Top Performing BUYW Alternatives (YTD)
BUYW is at 5.08% YTD. There are 144 ETFs in the Derivative Income category with higher YTD returns, going as high as 150.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 150.89% | 114.09M | Jul 2025 | BUYW vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 133.71% | 22.04M | Oct 2025 | BUYW vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 90.29% | 382.78M | Sep 2023 | BUYW vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 62.69% | 106.87M | Oct 2023 | BUYW vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 59.66% | 64.01M | Dec 2024 | BUYW vs SOXY |
Lowest Volatility Alternatives to BUYW
BUYW has 4.87% 1-year volatility. There are 4 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 | BUYW vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | BUYW vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | BUYW vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | BUYW vs HYTI | |
| FT Vest Investment Grade & Target Income ETF | 5.14% | 273.02M | Feb 2025 | BUYW vs LQTI |
Lowest Drawdown Alternatives to BUYW
BUYW has a 1-year max drawdown of -2.59%. There are 3 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 | BUYW vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | BUYW vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | BUYW vs HYTI | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | BUYW vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -2.95% | 937.44M | Mar 2025 | BUYW vs OMAH |
Other ETFs from Main
The 3 most viewed Main ETFs shown here include INTL, SECT, TMAT and span 3 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Main International ETF | Foreign Large Cap Equities | 57 | 10.10% | 239.69M | Dec 2022 | BUYW vs INTL | |
| Main Sector Rotation ETF | Large Cap Blend Equities | 65 | 10.61% | 2.78B | Sep 2017 | BUYW vs SECT | |
| Main Thematic Innovation ETF | Technology Equities | 27 | 13.29% | 237.37M | Jan 2021 | BUYW vs TMAT |
Often Compared With BUYW
Investors most often compare BUYW with GPIQ, JEPI, ROCY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare BUYW with Any Fund or Stock
Compare BUYW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BUYW with funds that move differently
Main Buywrite ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BUYW.
Explore BUYW Diversifiers