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YieldMax AI & Tech Portfolio Option Income ETF (GPTY) Alternatives

ETF · Currency in USD · Last updated Jul 17, 2026

GPTY is an actively managed ETF that seeks current income and capital appreciation through direct investments in a select portfolio of 15-30 AI and Tech companies, primarily generating income by writing options contracts on these holdings. The fund's adviser evaluates liquidity, price level, and implied volatility to select and manage portfolio companies.

YieldMax AI & Tech Portfolio Option Income ETF (GPTY) 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 GPTY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GPTY

GPTY charges 0.99% annually. There are 280 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.

SymbolNameExpense RatioAUMInception
PEPS
Parametric Equity Plus ETF0.10%29.28MNov 2024GPTY vs PEPS
UIQ4.DE
UBS Euro Equity Defensive Put Write SF UCITS ETF E...0.21%—Jun 2016GPTY vs UIQ4.DE
IVVW
iShares S&P 500 BuyWrite ETF0.25%324.77MMar 2024GPTY vs IVVW
SPIN
State Street US Equity Premium Income ETF0.25%45.73MSep 2024GPTY vs SPIN
FYEE
Fidelity Yield Enhanced Equity ETF0.28%198.84MApr 2024GPTY vs FYEE

Best Risk-Adjusted Alternatives to GPTY

GPTY has a PortfoliosLab risk / return rank of 31. There are 182 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

SymbolNameRisk / Return RankAUMInception
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
98
180.28MJun 2022GPTY vs HLIF.TO
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
98
—Feb 2022GPTY vs CBNK.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
98
1.26BFeb 2022GPTY vs BANK.TO
ZWB.TO
BMO Covered Call Canadian Banks ETF
98
4.84BJan 2011GPTY vs ZWB.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
97
198.10MJul 2023GPTY vs BKCL.TO

Top Performing GPTY Alternatives (YTD)

GPTY is at 19.07% YTD. There are 37 ETFs in the Derivative Income category with higher YTD returns, going as high as 163.57%.

SymbolNameYTD ReturnAUMInception
AMDW
Roundhill AMD WeeklyPay ETF
163.57%
116.76MJul 2025GPTY vs AMDW
ARMW
Roundhill ARM WeeklyPay ETF
161.70%
27.86MOct 2025GPTY vs ARMW
AMDY
YieldMax AMD Option Income Strategy ETF
97.19%
443.39MSep 2023GPTY vs AMDY
AMDI.L
IncomeShares AMD Options ETP
96.22%
—Jun 2025GPTY vs AMDI.L
MRNY
YieldMax MRNA Option Income Strategy ETF
80.55%
127.56MOct 2023GPTY vs MRNY

Lowest Volatility Alternatives to GPTY

GPTY has 26.51% 1-year volatility. There are 289 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.75%.

SymbolNameVolatility 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...1.75%224.00MSep 2024GPTY vs HBIL.TO
HBIL-U.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...1.91%—Sep 2024GPTY vs HBIL-U.TO
BUCK
Simplify Treasury Option Income ETF2.74%474.96MOct 2022GPTY vs BUCK
ACYS
FT Vest Laddered Autocallable Barrier & Resilient ...3.38%206.17MApr 2026GPTY vs ACYS
HYTI
FT Vest High Yield & Target Income ETF3.87%88.48MFeb 2025GPTY vs HYTI

Lowest Drawdown Alternatives to GPTY

GPTY has a 1-year max drawdown of -19.32%. There are 205 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.

SymbolNameMax Drawdown 1YAUMInception
BUCK
Simplify Treasury Option Income ETF
-0.84%
474.96MOct 2022GPTY vs BUCK
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...
-0.95%
224.00MSep 2024GPTY vs HBIL.TO
HBIL-U.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...
-1.07%
—Sep 2024GPTY vs HBIL-U.TO
HYTI
FT Vest High Yield & Target Income ETF
-2.38%
88.48MFeb 2025GPTY vs HYTI
BUYW
Main Buywrite ETF
-2.59%
1.26BDec 2015GPTY vs BUYW

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.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
MSTY
YieldMax™ MSTR Option Income Strategy ETFDerivative Income
1
-34.11%
738.12MFeb 2024GPTY vs MSTY
ULTY
YieldMax Ultra Option Income Strategy ETFDerivative Income
6
5.47%
869.76MFeb 2024GPTY vs ULTY
YMAX
YieldMax Universe Fund of Option Income ETFsDerivative Income, Options Trading
7
0.58%
419.76MJan 2024GPTY vs YMAX
NVDY
YieldMax NVDA Option Income Strategy ETFDerivative Income, Options Trading
29
10.54%
1.37BMay 2023GPTY vs NVDY
TSLY
YieldMax TSLA Option Income Strategy ETFOptions Trading
25
-7.12%
784.76MNov 2022GPTY vs TSLY
CHPY
YieldMax Semiconductor Portfolio Option Income ETFDerivative Income, Semiconductors
91
63.11%
1.16BApr 2025GPTY vs CHPY
YMAG
YieldMax Magnificent 7 Fund of Option Income ETFsDerivative Income
33
2.67%
295.86MJan 2024GPTY vs YMAG
PLTY
YieldMax PLTR Option Income Strategy ETFDerivative Income
8
-17.59%
339.40MOct 2024GPTY vs PLTY
CONY
YieldMax COIN Option Income Strategy ETFDerivative Income
2
-26.27%
319.55MAug 2023GPTY vs CONY
GDXY
YieldMax Gold Miners Option Income Strategy ETFGold, Derivative Income, Options Trading, Actively Managed, Precious Metals
14
-20.92%
211.70MMay 2024GPTY vs GDXY

Often Compared With GPTY

Investors most often compare GPTY with AIPI, MAGY, QQQI. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
AIPI
REX AI Equity Premium Income ETFDerivative Income
27
5.08%
424.46MJun 2024GPTY vs AIPI
MAGY
Roundhill Magnificent Seven Covered Call ETFDerivative Income
14
-3.93%
130.58MApr 2025GPTY vs MAGY
QQQI
NEOS Nasdaq-100 High Income ETFNasdaq-100, Derivative Income
50
9.56%
13.32BJan 2024GPTY vs QQQI
XDTE
Roundhill S&P 500 0DTE Covered Call Strategy ETFDerivative Income, S&P 500
67
9.30%
331.52MMar 2024GPTY vs XDTE
SPY
State Street SPDR S&P 500 ETFS&P 500
65
10.67%
783.21BJan 1993GPTY vs SPY
TDVI
FT Vest Technology Dividend Target Income ETFDerivative Income
33
13.15%
—Aug 2023GPTY vs TDVI
AIQ
Global X Artificial Intelligence & Technology ETFTechnology Equities
44
16.62%
10.08BMay 2018GPTY vs AIQ
QQQ
Invesco QQQ ETFNasdaq-100
53
15.19%
481.14BMar 1999GPTY vs QQQ
FEPI
REX FANG & Innovation Equity Premium Income ETFDerivative Income, Technology Equities
27
2.79%
679.47MOct 2023GPTY vs FEPI
BRKC
YieldMax BRK.B Option Income Strategy ETFDerivative Income
11
-1.60%
9.10MJun 2025GPTY vs BRKC
RDTY
YieldMax™ R2000 0DTE Covered Call Strategy ETFDerivative Income
57
19.90%
26.93MMar 2025GPTY vs RDTY
SCHD
Schwab U.S. Dividend Equity ETFDividend
91
22.44%
98.55BOct 2011GPTY vs SCHD
KQQQ
Kurv Technology Titans Select ETFTechnology Equities, Derivative Income, Options Trading, Actively Managed
40
13.04%
100.42MJul 2024GPTY vs KQQQ
QLDY
Defiance Nasdaq 100 LightningSpread Income ETFNasdaq-100, Derivative Income—
9.82%
49.27MSep 2025GPTY vs QLDY
LFGY
YieldMax Crypto Industry & Tech Portfolio Option I...Derivative Income, Blockchain
7
6.60%
97.94MJan 2025GPTY vs LFGY
BCCC
Global X Bitcoin Covered Call ETFCryptocurrency, Derivative Income
2
-21.55%
—Jun 2025GPTY vs BCCC
BABO
YieldMax BABA Option Income Strategy ETFDerivative Income
10
-17.97%
14.05MAug 2024GPTY vs BABO
GPIQ
Goldman Sachs Nasdaq-100 Core Premium Income ETFNasdaq-100, Dividend
65
14.10%
5.03BOct 2023GPTY vs GPIQ
NVII
REX NVIDIA Growth & Income ETFDerivative Income, Leveraged Equities, Options Trading
30
13.29%
106.68MMay 2025GPTY vs NVII
QDVO
Amplify CWP Growth & Income ETFDerivative Income
49
8.27%
728.58MAug 2024GPTY vs QDVO

Compare GPTY with Any Fund or Stock

Compare GPTY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair GPTY with funds that move differently

YieldMax AI & Tech Portfolio Option Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GPTY.

Explore GPTY Diversifiers