YieldMax HOOD Option Income Strategy ETF (HOOY) Alternatives
YieldMax HOOD Option Income Strategy ETF (HOOY) 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 HOOY. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to HOOY
HOOY charges 0.99% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among HOOY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | HOOY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | HOOY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | HOOY vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | Jul 17, 2024 | HOOY vs QQA | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | HOOY vs PBP |
Best Risk-Adjusted Alternatives to HOOY
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 96 | Jul 27, 2023 | HOOY vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 95 | Aug 20, 2024 | HOOY vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | HOOY vs GOOP | |
| Defiance Oil Enhanced Options Income ETF | 76 | May 9, 2024 | HOOY vs USOY | |
| NEOS Russell 2000 High Income ETF | 76 | Jun 24, 2024 | HOOY vs IWMI |
Top Performing HOOY Alternatives (YTD)
HOOY alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 59.52% | May 9, 2024 | HOOY vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 55.26% | Oct 23, 2023 | HOOY vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 23.45% | Aug 30, 2023 | HOOY vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 18.37% | May 1, 2024 | HOOY vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.85% | Oct 23, 2025 | HOOY vs COSW |
Lowest Volatility Alternatives to HOOY
HOOY alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | HOOY vs QYLE | |
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | HOOY vs IPDP | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | HOOY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | HOOY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.77% | Aug 25, 2021 | HOOY vs QRMI |
Lowest Drawdown Alternatives to HOOY
HOOY alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | HOOY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | HOOY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | HOOY vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | HOOY vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | HOOY vs TCAL |
Other ETFs from YieldMax
Most popular YieldMax ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| YieldMax™ MSTR Option Income Strategy ETF | Derivative Income | 2 | -14.76% | Feb 21, 2024 | HOOY vs MSTY | |
| YieldMax Ultra Option Income Strategy ETF | Derivative Income | 23 | -3.10% | Feb 28, 2024 | HOOY vs ULTY | |
| YieldMax Universe Fund of Option Income ETFs | Large Cap Blend Equities | 13 | -13.50% | Jan 16, 2024 | HOOY vs YMAX | |
| YieldMax NVDA Option Income Strategy ETF | Options Trading | 84 | -0.93% | May 10, 2023 | HOOY vs NVDY | |
| YieldMax TSLA Option Income Strategy ETF | Options Trading | 65 | -9.03% | Nov 22, 2022 | HOOY vs TSLY | |
| YieldMax Magnificent 7 Fund of Option Income ETFs | Large Cap Blend Equities | 63 | -8.32% | Jan 29, 2024 | HOOY vs YMAG | |
| YieldMax PLTR Option Income Strategy ETF | Derivative Income | 49 | -12.87% | Oct 7, 2024 | HOOY vs PLTY | |
| YieldMax COIN Option Income Strategy ETF | Derivative Income | 7 | -22.28% | Aug 14, 2023 | HOOY vs CONY | |
| YieldMax Semiconductor Portfolio Option Income ETF | Derivative Income, Semiconductors | — | 12.50% | Apr 2, 2025 | HOOY vs CHPY | |
| YieldMax Bitcoin Option Income Strategy ETF | Cryptocurrency | 5 | -19.58% | Apr 22, 2024 | HOOY vs YBIT |
Often Compared With HOOY
What investors most often compare with HOOY, based on PortfoliosLab usage data.
Compare HOOY with Any Fund or Stock
Compare HOOY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.