YieldMax MRNA Option Income Strategy ETF (MRNY) 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 MRNY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MRNY
MRNY charges 0.99% annually. There are 127 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 | MRNY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | MRNY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | MRNY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | MRNY vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.25B | Oct 2023 | MRNY vs GPIX |
Best Risk-Adjusted Alternatives to MRNY
MRNY has a PortfoliosLab risk / return rank of 28. There are 87 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 | MRNY vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | MRNY vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | MRNY vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | MRNY vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | MRNY vs TSMY |
Top Performing MRNY Alternatives (YTD)
MRNY is at 51.59% YTD. There are 4 ETFs in the Derivative Income category with higher YTD returns, going as high as 347.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 347.83% | 14.71M | Oct 2025 | MRNY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 178.71% | 90.88M | Jul 2025 | MRNY vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | MRNY vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | MRNY vs USOY | |
| REX IncomeMax Option Strategy ETF | 47.97% | 40.50M | Oct 2025 | MRNY vs ULTI |
Lowest Volatility Alternatives to MRNY
MRNY has 49.37% 1-year volatility. There are 206 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 | MRNY vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | MRNY vs BUCK | |
| Innovator Index Autocallable Income Strategy ETF | 3.15% | — | Sep 2025 | MRNY vs ACII | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | MRNY vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | MRNY vs BUYW |
Lowest Drawdown Alternatives to MRNY
MRNY has a 1-year max drawdown of -31.53%. There are 105 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 | MRNY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | MRNY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | MRNY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | MRNY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | MRNY vs OMAH |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 4 categories. AUM among these funds goes as high as $1B.
Often Compared With MRNY
Investors most often compare MRNY with MRNA, FBY, APLY. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare MRNY with Any Fund or Stock
Compare MRNY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MRNY with funds that move differently
YieldMax MRNA Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MRNY.
Explore MRNY Diversifiers