Day Hagan Smart Buffer ETF (DHSB) 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 DHSB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DHSB
DHSB charges 0.68% annually. There are 69 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 | DHSB vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | DHSB vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | DHSB vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | DHSB vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 749.48M | Jul 2024 | DHSB vs QQA |
Best Risk-Adjusted Alternatives to DHSB
DHSB has a PortfoliosLab risk / return rank of 63. There are 51 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 | DHSB vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | DHSB vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | DHSB vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | DHSB vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | DHSB vs TSMY |
Top Performing DHSB Alternatives (YTD)
DHSB is at 4.21% YTD. There are 126 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | DHSB vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | DHSB vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | DHSB vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | DHSB vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | DHSB vs MRNY |
Lowest Volatility Alternatives to DHSB
DHSB has 5.70% 1-year volatility. There are 6 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 | DHSB vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | DHSB vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | DHSB vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | DHSB vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | DHSB vs LQTI |
Lowest Drawdown Alternatives to DHSB
DHSB has a 1-year max drawdown of -3.32%. There are 5 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 | DHSB vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | DHSB vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | DHSB vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | DHSB vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | DHSB vs OMAH |
Other ETFs from Day Hagan
The 2 most viewed Day Hagan ETFs shown here include SSFI, SSXU and span 2 categories. AUM among these funds goes as high as $37M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Day Hagan/Ned Davis Research Smart Sector Fixed In... | Nontraditional Bonds | 33 | 0.20% | 35.82M | Sep 2021 | DHSB vs SSFI | |
| Day Hagan/Ned Davis Research Smart Sector Internat... | Foreign Large Cap Equities | 38 | 5.10% | 37.48M | Jun 2022 | DHSB vs SSXU |
Often Compared With DHSB
Investors most often compare DHSB with CWII, UGA, EIPI. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare DHSB with Any Fund or Stock
Compare DHSB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DHSB with funds that move differently
Day Hagan Smart Buffer ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DHSB.
Explore DHSB Diversifiers