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 74 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 | DHSB vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | DHSB vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | DHSB vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | DHSB vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.27B | Oct 2023 | DHSB vs GPIX |
Best Risk-Adjusted Alternatives to DHSB
DHSB has a PortfoliosLab risk / return rank of 59. There are 44 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 | DHSB vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | DHSB vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | DHSB vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | DHSB vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | DHSB vs BUCK |
Top Performing DHSB Alternatives (YTD)
DHSB is at 3.71% YTD. There are 125 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 | DHSB vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | DHSB vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | DHSB vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | DHSB vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | DHSB vs AMDY |
Lowest Volatility Alternatives to DHSB
DHSB has 6.07% 1-year volatility. There are 7 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 | DHSB vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | DHSB vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | DHSB vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | DHSB vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | DHSB vs XRMI |
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% | 465.86M | Oct 2022 | DHSB vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | DHSB vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | 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 | 29 | 0.53% | 35.82M | Sep 2021 | DHSB vs SSFI | |
| Day Hagan/Ned Davis Research Smart Sector Internat... | Foreign Large Cap Equities | 38 | 3.06% | 37.48M | Jun 2022 | DHSB vs SSXU |
Often Compared With DHSB
Investors most often compare DHSB with EIPI, UGA, USOY. These 20 comparison targets span 11 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