Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IWMY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IWMY
IWMY charges 0.99% annually. There are 134 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.24M | Oct 2023 | IWMY vs PHEQ | |
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | 0.35% | 1.97B | Jun 2022 | IWMY vs TLTW | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | IWMY vs ISWN | |
| PGIM US Large-Cap Buffer 20 ETF - April | 0.50% | — | Mar 2024 | IWMY vs PBAP | |
| JPMorgan Hedged Equity Laddered Overlay ETF | 0.50% | 4.13B | Sep 2023 | IWMY vs HELO |
Best Risk-Adjusted Alternatives to IWMY
IWMY has a PortfoliosLab risk / return rank of 40. There are 123 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | IWMY vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.67M | Mar 2023 | IWMY vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | IWMY vs APRW | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | — | Apr 2024 | IWMY vs XAPR | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | IWMY vs APRP |
Top Performing IWMY Alternatives (YTD)
IWMY is at 12.25% YTD. There are 6 ETFs in the Options Trading category with higher YTD returns, going as high as 110.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 110.49% | 367.33M | Sep 2023 | IWMY vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 19.07% | 189.73M | Sep 2023 | IWMY vs QQQY | |
| LHA Market State Tactical Q ETF | 17.40% | 32.01M | Mar 2022 | IWMY vs MSTQ | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 16.58% | 880.92M | Mar 2024 | IWMY vs QDTE | |
| YieldMax NVDA Option Income Strategy ETF | 13.06% | 1.45B | May 2023 | IWMY vs NVDY |
Lowest Volatility Alternatives to IWMY
IWMY has 15.69% 1-year volatility. There are 138 ETFs in the Options Trading category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated ETF - October | 0.00% | 3.39M | Sep 2021 | IWMY vs XDOC | |
| Innovator Premium Income 10 Barrier ETF - April | 0.00% | 9.42M | Mar 2023 | IWMY vs APRD | |
| Innovator Premium Income 40 Barrier ETF - October | 0.00% | 7.17M | Sep 2023 | IWMY vs OCTQ | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | IWMY vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | IWMY vs APRQ |
Lowest Drawdown Alternatives to IWMY
IWMY has a 1-year max drawdown of -11.57%. There are 125 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | IWMY vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | IWMY vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | IWMY vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | IWMY vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | IWMY vs APRW |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, MSTX, AIPO and span 7 categories. AUM among these funds goes as high as $6B.
Often Compared With IWMY
Investors most often compare IWMY with IWMI, RDTE, JEPI. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare IWMY with Any Fund or Stock
Compare IWMY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IWMY with funds that move differently
Defiance R2000 Enhanced Options & 0DTE Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IWMY.
Explore IWMY Diversifiers