YieldMax™ MSTR Option Income Strategy ETF (MSTY) 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 MSTY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSTY
MSTY 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 | MSTY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | MSTY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | MSTY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | MSTY vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 352.13M | Dec 2007 | MSTY vs PBP |
Best Risk-Adjusted Alternatives to MSTY
MSTY has a PortfoliosLab risk / return rank of 1. There are 164 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | MSTY vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 474.96M | Oct 2022 | MSTY vs BUCK | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | MSTY vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 93 | 443.39M | Sep 2023 | MSTY vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 246.95M | Jul 2023 | MSTY vs GOOY |
Top Performing MSTY Alternatives (YTD)
MSTY is at -35.55% YTD. There are 237 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 | MSTY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 184.48% | 116.76M | Jul 2025 | MSTY vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 109.12% | 443.39M | Sep 2023 | MSTY vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 89.76% | 127.56M | Oct 2023 | MSTY vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.96% | 1.16B | Apr 2025 | MSTY vs CHPY |
Lowest Volatility Alternatives to MSTY
MSTY has 64.61% 1-year volatility. There are 274 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 | MSTY vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.45% | 206.17M | Apr 2026 | MSTY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | MSTY vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.26B | Dec 2015 | MSTY vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.08% | 726.94K | May 2026 | MSTY vs FIYY |
Lowest Drawdown Alternatives to MSTY
MSTY has a 1-year max drawdown of -77.40%. There are 166 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 | MSTY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | MSTY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | MSTY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | MSTY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | MSTY vs OMAH |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include ULTY, YMAX, NVDY and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With MSTY
Investors most often compare MSTY with MSTR, BTC-USD, MSTE.TO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare MSTY with Any Fund or Stock
Compare MSTY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSTY with funds that move differently
YieldMax™ MSTR Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSTY.
Explore MSTY Diversifiers