YieldMax JPM Option Income Strategy ETF (JPO) 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 JPO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JPO
JPO charges 1.19% annually. There are 166 ETFs in the Options Trading category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Tax-Aware Collateral ETF | 0.14% | 1.21B | Apr 2026 | JPO vs CBOX | |
| Parametric Hedged Equity ETF | 0.29% | 139.40M | Oct 2023 | JPO vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.87M | Jul 2025 | JPO vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 296.16M | Nov 2021 | JPO vs HEQT | |
| Castellan Targeted Income ETF | 0.45% | — | Jun 2025 | JPO vs CTIF |
Best Risk-Adjusted Alternatives to JPO
JPO has a PortfoliosLab risk / return rank of 34. There are 133 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 | JPO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.22M | Mar 2023 | JPO vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 199.47M | May 2020 | JPO vs APRW | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 98 | — | Mar 2024 | JPO vs XIMR | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | 153.67M | Mar 2023 | JPO vs XMAR |
Top Performing JPO Alternatives (YTD)
JPO is at 8.98% YTD. There are 21 ETFs in the Options Trading category with higher YTD returns, going as high as 87.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 87.43% | 382.78M | Sep 2023 | JPO vs AMDY | |
| Defiance Oil Enhanced Options Income ETF | 51.25% | 64.41M | May 2024 | JPO vs USOY | |
| Simplify Piper Sandler US Small-Cap PLUS Income ET... | 15.04% | 6.72M | Apr 2025 | JPO vs LITL | |
| Horizon Dividend Income ETF | 14.80% | — | Jun 2025 | JPO vs DIVN | |
| Defiance R2000 Weekly Distribution ETF | 13.35% | 95.57M | Oct 2023 | JPO vs IWMY |
Lowest Volatility Alternatives to JPO
JPO has 19.41% 1-year volatility. There are 146 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.30% | — | Mar 2024 | JPO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 1.57% | 32.22M | Mar 2023 | JPO vs APRJ | |
| Alpha Architect Tail Risk ETF | 1.57% | 709.87M | Aug 2013 | JPO vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - July | 1.68% | 13.68M | Jun 2023 | JPO vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.06% | — | Mar 2024 | JPO vs XIMR |
Lowest Drawdown Alternatives to JPO
JPO has a 1-year max drawdown of -14.24%. There are 135 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | JPO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.22M | Mar 2023 | JPO vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.68M | Jun 2023 | JPO vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 709.87M | Aug 2013 | JPO vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 199.47M | May 2020 | JPO vs APRW |
Other ETFs from Tidal
The 10 most viewed Tidal ETFs shown here include GRNY, NANC, BOAT and span 8 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fundstrat Granny Shots U.S. Large Cap ETF | Large Cap Blend Equities | 35 | 9.17% | 3.61B | Nov 2024 | JPO vs GRNY | |
| Unusual Whales Subversive Democratic Trading ETF | Large Cap Blend Equities | 47 | 9.12% | 265.74M | Feb 2023 | JPO vs NANC | |
| SonicShares Global Shipping ETF | Industrials Equities, Global Equities | 93 | 44.78% | 82.19M | Aug 2021 | JPO vs BOAT | |
| UPAR Ultra Risk Parity ETF | Diversified Portfolio | 42 | 3.37% | 58.82M | Jan 2022 | JPO vs UPAR | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | Multistrategy | 65 | 7.36% | 33.60M | Oct 2022 | JPO vs HFND | |
| God Bless America ETF | Large Cap Blend Equities | 10 | -3.72% | 101.04M | Oct 2022 | JPO vs YALL | |
| Fundstrat Granny Shots US Large Cap & Income ETF | Derivative Income | — | 7.63% | 51.03M | Nov 2025 | JPO vs GRNI | |
| Blueprint Chesapeake Multi-Asset Trend ETF | Global Allocation | 75 | 16.44% | 163.81M | Jul 2023 | JPO vs TFPN | |
| Peerless Option Income Wheel ETF | Derivative Income | 84 | 6.19% | 21.33M | May 2024 | JPO vs WEEL | |
| Even Herd Long Short ETF | Long-Short | 37 | 10.15% | 59.50M | Apr 2024 | JPO vs EHLS |
Often Compared With JPO
Investors most often compare JPO with JPM, APRP, AAPR. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare JPO with Any Fund or Stock
Compare JPO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JPO with funds that move differently
YieldMax JPM Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JPO.
Explore JPO Diversifiers