NEOS Real Estate High Income ETF (IYRI) 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 IYRI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IYRI
IYRI charges 0.68% annually. There are 78 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% | 29.28M | Nov 2024 | IYRI vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | IYRI vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | IYRI vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | IYRI vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.77B | Oct 2023 | IYRI vs GPIX |
Best Risk-Adjusted Alternatives to IYRI
IYRI has a PortfoliosLab risk / return rank of 33. There are 89 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | IYRI vs BUCK | |
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | IYRI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 94 | 246.95M | Jul 2023 | IYRI vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | IYRI vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 92 | 938.31M | Jan 2014 | IYRI vs FTQI |
Top Performing IYRI Alternatives (YTD)
IYRI is at 7.81% YTD. There are 105 ETFs in the Derivative Income category with higher YTD returns, going as high as 182.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 182.49% | 27.86M | Oct 2025 | IYRI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 181.24% | 116.76M | Jul 2025 | IYRI vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 107.90% | 443.39M | Sep 2023 | IYRI vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 93.46% | 127.56M | Oct 2023 | IYRI vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.62% | 1.16B | Apr 2025 | IYRI vs CHPY |
Lowest Volatility Alternatives to IYRI
IYRI has 10.87% 1-year volatility. There are 55 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | IYRI vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.44% | 206.17M | Apr 2026 | IYRI vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.85% | 88.48M | Feb 2025 | IYRI vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.26B | Dec 2015 | IYRI vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.05% | 726.94K | May 2026 | IYRI vs FIYY |
Lowest Drawdown Alternatives to IYRI
IYRI has a 1-year max drawdown of -7.53%. There are 42 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | IYRI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | IYRI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | IYRI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | IYRI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | IYRI vs OMAH |
Other ETFs from Neos
The 10 most viewed Neos ETFs shown here include QQQI, SPYI, BTCI and span 10 categories. AUM among these funds goes as high as $13B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NEOS Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income | 57 | 11.31% | 13.32B | Jan 2024 | IYRI vs QQQI | |
| NEOS S&P 500 High Income ETF | Derivative Income, S&P 500 | 74 | 8.67% | 10.67B | Aug 2022 | IYRI vs SPYI | |
| NEOS Bitcoin High Income ETF | Cryptocurrency, Derivative Income | 2 | -24.09% | 1.10B | Oct 2024 | IYRI vs BTCI | |
| NEOS Gold High Income ETF | Derivative Income, Gold, Precious Metals | 19 | -6.60% | 478.03M | Jun 2025 | IYRI vs IAUI | |
| NEOS Russell 2000 High Income ETF | Derivative Income | 86 | 17.17% | 1.06B | Jun 2024 | IYRI vs IWMI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | Ultrashort Bond | 99 | 2.73% | 1.45B | Aug 2022 | IYRI vs CSHI | |
| NEOS Nasdaq-100 Hedged Equity Income ETF | Nasdaq-100, Hedge Fund | 51 | 6.91% | 388.10M | Dec 2019 | IYRI vs QQQH | |
| NEOS MSCI EAFE High Income ETF | Derivative Income | — | 7.97% | 182.91M | Sep 2025 | IYRI vs NIHI | |
| Neos Enhanced Income Aggregate Bond ETF | Intermediate Core-Plus Bond | 58 | 1.49% | 186.26M | Aug 2022 | IYRI vs BNDI | |
| NEOS Enhanced Income Credit Select ETF | Nontraditional Bonds | 86 | 2.35% | 221.20M | Sep 2024 | IYRI vs HYBI |
Often Compared With IYRI
Investors most often compare IYRI with VNQ, O, RLTY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare IYRI with Any Fund or Stock
Compare IYRI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IYRI with funds that move differently
NEOS Real Estate High Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IYRI.
Explore IYRI Diversifiers