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 68 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% | 27.28M | Nov 2024 | IYRI vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | IYRI vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | IYRI vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | IYRI vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.25B | Oct 2023 | IYRI vs GPIX |
Best Risk-Adjusted Alternatives to IYRI
IYRI has a PortfoliosLab risk / return rank of 23. There are 91 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | IYRI vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | IYRI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | IYRI vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | IYRI vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | IYRI vs TSMY |
Top Performing IYRI Alternatives (YTD)
IYRI is at 4.08% YTD. There are 124 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | IYRI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | IYRI vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | IYRI vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | IYRI vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | IYRI vs MRNY |
Lowest Volatility Alternatives to IYRI
IYRI has 10.31% 1-year volatility. There are 51 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | IYRI vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | IYRI vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | IYRI vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | IYRI vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | IYRI vs LQTI |
Lowest Drawdown Alternatives to IYRI
IYRI has a 1-year max drawdown of -7.53%. There are 38 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% | 438.06M | Oct 2022 | IYRI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | IYRI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | 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 9 categories. AUM among these funds goes as high as $12B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NEOS Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income | 68 | 13.43% | 12.25B | Jan 2024 | IYRI vs QQQI | |
| NEOS S&P 500 High Income ETF | Derivative Income, S&P 500 | 71 | 7.72% | 10.07B | Aug 2022 | IYRI vs SPYI | |
| NEOS Bitcoin High Income ETF | Cryptocurrency, Derivative Income | 2 | -22.74% | 1.24B | Oct 2024 | IYRI vs BTCI | |
| NEOS Gold High Income ETF | Derivative Income, Gold | — | 1.64% | 462.95M | Jun 2025 | IYRI vs IAUI | |
| NEOS Russell 2000 High Income ETF | Derivative Income | 73 | 13.36% | 906.31M | Jun 2024 | IYRI vs IWMI | |
| Neos Enhanced Income Cash Alternative ETF | Ultrashort Bond | 99 | 2.26% | 1.28B | Aug 2022 | IYRI vs CSHI | |
| NEOS Nasdaq-100 Hedged Equity Income ETF | Nasdaq-100, Hedge Fund | 62 | 7.91% | 375.87M | Dec 2019 | IYRI vs QQQH | |
| Neos MLP & Energy Infrastructure High Income ETF | Energy Equities | — | 17.58% | 643.40M | Dec 2025 | IYRI vs MLPI | |
| NEOS MSCI EAFE High Income ETF | Derivative Income | — | 5.84% | 166.96M | Sep 2025 | IYRI vs NIHI | |
| Neos Enhanced Income Aggregate Bond ETF | Intermediate Core-Plus Bond | 50 | 1.29% | 171.12M | Aug 2022 | IYRI vs BNDI |
Often Compared With IYRI
Investors most often compare IYRI with VNQ, O, RLTY. These 20 comparison targets span 8 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