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 145 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 | MRNY vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | MRNY vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | MRNY vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | MRNY vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.77B | Oct 2023 | MRNY vs GPIX |
Best Risk-Adjusted Alternatives to MRNY
MRNY has a PortfoliosLab risk / return rank of 45. There are 80 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 | MRNY vs BUCK | |
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | MRNY vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 94 | 246.95M | Jul 2023 | MRNY vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | MRNY vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 92 | 938.31M | Jan 2014 | MRNY vs FTQI |
Top Performing MRNY Alternatives (YTD)
MRNY is at 93.46% YTD. There are 3 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 | MRNY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 181.24% | 116.76M | Jul 2025 | MRNY vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 107.90% | 443.39M | Sep 2023 | MRNY vs AMDY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.62% | 1.16B | Apr 2025 | MRNY vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 44.56% | 58.33M | May 2024 | MRNY vs USOY |
Lowest Volatility Alternatives to MRNY
MRNY has 52.91% 1-year volatility. There are 250 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 | MRNY vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.41% | 206.17M | Apr 2026 | MRNY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | MRNY vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.26B | Dec 2015 | MRNY vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.00% | 726.94K | May 2026 | MRNY vs FIYY |
Lowest Drawdown Alternatives to MRNY
MRNY has a 1-year max drawdown of -31.53%. There are 132 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 | MRNY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | MRNY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | 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 6 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