Defiance Gold Enhanced Options Income ETF (GLDY) 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 GLDY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GLDY
GLDY charges 0.99% annually. There are 138 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 | GLDY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | GLDY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | GLDY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | GLDY vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.27B | Oct 2023 | GLDY vs GPIX |
Best Risk-Adjusted Alternatives to GLDY
GLDY has a PortfoliosLab risk / return rank of 11. There are 119 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 | GLDY vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | GLDY vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | GLDY vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | GLDY vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | GLDY vs BUCK |
Top Performing GLDY Alternatives (YTD)
GLDY is at -8.97% YTD. There are 184 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 | GLDY vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | GLDY vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | GLDY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | GLDY vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | GLDY vs AMDY |
Lowest Volatility Alternatives to GLDY
GLDY has 24.59% 1-year volatility. There are 152 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 | GLDY vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | GLDY vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | GLDY vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | GLDY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | GLDY vs XRMI |
Lowest Drawdown Alternatives to GLDY
GLDY has a 1-year max drawdown of -25.90%. There are 115 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 | GLDY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | GLDY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | GLDY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | GLDY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | GLDY vs OMAH |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 9 categories. AUM among these funds goes as high as $6B.
Often Compared With GLDY
Investors most often compare GLDY with IAUI, GDXY, GLDI. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare GLDY with Any Fund or Stock
Compare GLDY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GLDY with funds that move differently
Defiance Gold Enhanced Options Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GLDY.
Explore GLDY Diversifiers