YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) 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 FIVY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FIVY
FIVY charges 0.88% annually. There are 115 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 | FIVY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | FIVY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | FIVY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | FIVY vs FYEE | |
| Global X Treasury Bond Enhanced Income ETF | 0.29% | — | Jul 2025 | FIVY vs TLTX |
Best Risk-Adjusted Alternatives to FIVY
FIVY has a PortfoliosLab risk / return rank of 7. There are 130 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 96 | 1.16B | Apr 2025 | FIVY vs CHPY | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | FIVY vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | FIVY vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 91 | 409.32M | Sep 2023 | FIVY vs AMDY | |
| Simplify Treasury Option Income ETF | 87 | 465.86M | Oct 2022 | FIVY vs BUCK |
Top Performing FIVY Alternatives (YTD)
FIVY is at -6.12% YTD. There are 171 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 | FIVY vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | FIVY vs CWII | |
| Roundhill ARM WeeklyPay ETF | 287.65% | 17.52M | Oct 2025 | FIVY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 175.60% | 83.00M | Jul 2025 | FIVY vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.64% | 409.32M | Sep 2023 | FIVY vs AMDY |
Lowest Volatility Alternatives to FIVY
FIVY has 31.19% 1-year volatility. There are 179 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 | FIVY vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | FIVY vs HYTI | |
| Main Buywrite ETF | 4.88% | 1.23B | Dec 2015 | FIVY vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | FIVY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.50% | 50.16M | Aug 2021 | FIVY vs XRMI |
Lowest Drawdown Alternatives to FIVY
FIVY has a 1-year max drawdown of -32.77%. There are 126 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 | FIVY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | FIVY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | FIVY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | FIVY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | FIVY vs OMAH |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With FIVY
Investors most often compare FIVY with FEAT, SPY, FEPI. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FIVY with Any Fund or Stock
Compare FIVY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FIVY with funds that move differently
YieldMax Dorsey Wright Hybrid 5 Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIVY.
Explore FIVY Diversifiers