YieldMax MSFT Option Income Strategy ETF (MSFO) 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 MSFO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSFO
MSFO charges 1.03% annually. There are 151 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 | MSFO vs CBOX | |
| Parametric Hedged Equity ETF | 0.29% | 139.40M | Oct 2023 | MSFO vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.87M | Jul 2025 | MSFO vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 296.16M | Nov 2021 | MSFO vs HEQT | |
| Castellan Targeted Income ETF | 0.45% | — | Jun 2025 | MSFO vs CTIF |
Best Risk-Adjusted Alternatives to MSFO
MSFO has a PortfoliosLab risk / return rank of 6. There are 149 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 | MSFO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.22M | Mar 2023 | MSFO vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 199.47M | May 2020 | MSFO vs APRW | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 98 | — | Mar 2024 | MSFO vs XIMR | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | 153.67M | Mar 2023 | MSFO vs XMAR |
Top Performing MSFO Alternatives (YTD)
MSFO is at -3.96% YTD. There are 146 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 | MSFO vs AMDY | |
| Defiance Oil Enhanced Options Income ETF | 51.25% | 64.41M | May 2024 | MSFO vs USOY | |
| Simplify Piper Sandler US Small-Cap PLUS Income ET... | 15.04% | 6.72M | Apr 2025 | MSFO vs LITL | |
| Horizon Dividend Income ETF | 14.80% | — | Jun 2025 | MSFO vs DIVN | |
| Defiance R2000 Weekly Distribution ETF | 13.35% | 95.57M | Oct 2023 | MSFO vs IWMY |
Lowest Volatility Alternatives to MSFO
MSFO has 27.49% 1-year volatility. There are 152 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 | MSFO vs LAPR | |
| Alpha Architect Tail Risk ETF | 1.57% | 709.87M | Aug 2013 | MSFO vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - April | 1.57% | 32.22M | Mar 2023 | MSFO vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | 1.68% | 13.68M | Jun 2023 | MSFO vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.06% | — | Mar 2024 | MSFO vs XIMR |
Lowest Drawdown Alternatives to MSFO
MSFO has a 1-year max drawdown of -29.65%. There are 147 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 | MSFO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.22M | Mar 2023 | MSFO vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.68M | Jun 2023 | MSFO vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 709.87M | Aug 2013 | MSFO vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 199.47M | May 2020 | MSFO vs APRW |
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 MSFO
Investors most often compare MSFO with MSFT, QQQ, AMZY. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare MSFO with Any Fund or Stock
Compare MSFO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSFO with funds that move differently
YieldMax MSFT Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSFO.
Explore MSFO Diversifiers