YieldMax MARA Option Income Strategy ETF (MARO) 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 MARO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MARO
MARO charges 0.99% annually. There are 278 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 | MARO vs PEPS | |
| UBS Euro Equity Defensive Put Write SF UCITS ETF E... | 0.21% | — | Jun 2016 | MARO vs UIQ4.DE | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | MARO vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | MARO vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | MARO vs FYEE |
Best Risk-Adjusted Alternatives to MARO
MARO has a PortfoliosLab risk / return rank of 4. There are 277 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Harvest Canadian Equity Income Leaders ETF Class A | 98 | 180.28M | Jun 2022 | MARO vs HLIF.TO | |
| Mulvihill Canadian Bank Enhanced Yield ETF | 98 | — | Feb 2022 | MARO vs CBNK.TO | |
| Evolve Canadian Banks and Lifecos Enhanced Yield I... | 98 | 1.26B | Feb 2022 | MARO vs BANK.TO | |
| BMO Covered Call Canadian Banks ETF | 97 | 4.84B | Jan 2011 | MARO vs ZWB.TO | |
| Global X Enhanced Equal Weight Canadian Banks Cove... | 97 | 198.10M | Jul 2023 | MARO vs BKCL.TO |
Top Performing MARO Alternatives (YTD)
MARO is at 14.15% YTD. There are 78 ETFs in the Derivative Income category with higher YTD returns, going as high as 207.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 207.86% | 27.86M | Oct 2025 | MARO vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 184.48% | 116.76M | Jul 2025 | MARO vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 109.12% | 443.39M | Sep 2023 | MARO vs AMDY | |
| IncomeShares AMD Options ETP | 108.93% | — | Jun 2025 | MARO vs AMDI.L | |
| YieldMax MRNA Option Income Strategy ETF | 89.76% | 127.56M | Oct 2023 | MARO vs MRNY |
Lowest Volatility Alternatives to MARO
MARO has 63.58% 1-year volatility. There are 426 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | 1.76% | 224.00M | Sep 2024 | MARO vs HBIL.TO | |
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | MARO vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.45% | 206.17M | Apr 2026 | MARO vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | MARO vs HYTI | |
| Harvest Premium Yield 7-10 Year Treasury ETF - Cla... | 4.74% | 259.21M | Jan 2024 | MARO vs HPYM.TO |
Lowest Drawdown Alternatives to MARO
MARO has a 1-year max drawdown of -65.51%. There are 297 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 | MARO vs BUCK | |
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | -0.95% | 224.00M | Sep 2024 | MARO vs HBIL.TO | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | MARO vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | MARO vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | MARO vs THTA |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With MARO
Investors most often compare MARO with MARA, SNOY, FBY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare MARO with Any Fund or Stock
Compare MARO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MARO with funds that move differently
YieldMax MARA Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MARO.
Explore MARO Diversifiers