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 251 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% | 27.28M | Nov 2024 | BUYW vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | BUYW vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | BUYW vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | BUYW vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 749.48M | Jul 2024 | BUYW vs QQA |
Best Risk-Adjusted Alternatives to BUYW
BUYW has a PortfoliosLab risk / return rank of 72. There are 37 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | BUYW vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | BUYW vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | BUYW vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 90 | 117.86M | Aug 2024 | BUYW vs TSMY | |
| FT Vest Technology Dividend Target Income ETF | 90 | — | Aug 2023 | BUYW vs TDVI |
Top Performing BUYW Alternatives (YTD)
BUYW is at 3.03% YTD. There are 134 ETFs in the Derivative Income category with higher YTD returns, going as high as 347.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 347.83% | 14.71M | Oct 2025 | BUYW vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 178.71% | 90.88M | Jul 2025 | BUYW vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 83.68% | 1.02B | Apr 2025 | BUYW vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 59.86% | 62.15M | May 2024 | BUYW vs USOY | |
| REX IncomeMax Option Strategy ETF | 47.97% | 40.50M | Oct 2025 | BUYW vs ULTI |
Lowest Volatility Alternatives to BUYW
BUYW has 4.86% 1-year volatility. There are 4 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | BUYW vs IPDP | |
| Innovator Index Autocallable Income Strategy ETF | 3.15% | — | Sep 2025 | BUYW vs ACII | |
| Simplify Treasury Option Income ETF | 3.22% | 438.06M | Oct 2022 | BUYW vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | BUYW vs HYTI | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | BUYW vs LQTI |
Lowest Drawdown Alternatives to BUYW
BUYW has a 1-year max drawdown of -2.59%. There are 2 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% | 438.06M | Oct 2022 | BUYW vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | 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 | -3.00% | 774.36M | Mar 2025 | BUYW vs OMAH | |
| Day Hagan Smart Buffer ETF | -3.32% | 39.66M | Feb 2025 | BUYW vs DHSB |
Other ETFs from Main Funds
The 1 most viewed Main Funds ETFs shown here include INTL and span 1 categories. AUM among these funds goes as high as $233M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Main International ETF | Foreign Large Cap Equities | 55 | 12.65% | 232.71M | Dec 2022 | BUYW vs INTL |
Often Compared With BUYW
Investors most often compare BUYW with GPIQ, JEPI, ROCY. These 20 comparison targets span 8 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