Roundhill NFLX WeeklyPay ETF (NFLW) 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 NFLW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NFLW
NFLW charges 0.99% annually. There are 159 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% | 29.05M | Nov 2024 | NFLW vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | NFLW vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | NFLW vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | NFLW vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 358.08M | Dec 2007 | NFLW vs PBP |
Best Risk-Adjusted Alternatives to NFLW
NFLW has a PortfoliosLab risk / return rank of 2. There are 188 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 | NFLW vs THTA | |
| Global X S&P 500 Covered Call ETF | 92 | 3.24B | Jun 2013 | NFLW vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | NFLW vs PBP | |
| Global X Russell 2000 Covered Call ETF | 89 | 1.37B | Apr 2019 | NFLW vs RYLD | |
| Blackrock Advantage Large Cap Income ETF | 89 | 1.30B | Sep 2023 | NFLW vs BALI |
Top Performing NFLW Alternatives (YTD)
NFLW is at -26.10% YTD. There are 232 ETFs in the Derivative Income category with higher YTD returns, going as high as 176.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 176.66% | 22.04M | Oct 2025 | NFLW vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 150.15% | 114.09M | Jul 2025 | NFLW vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 89.19% | 382.78M | Sep 2023 | NFLW vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 66.15% | 106.87M | Oct 2023 | NFLW vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 64.23% | 64.01M | Dec 2024 | NFLW vs SOXY |
Lowest Volatility Alternatives to NFLW
NFLW has 41.32% 1-year volatility. There are 247 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | NFLW vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | NFLW vs HYGW | |
| Janus Henderson Equity Linked Moderate Income ETF | 3.67% | — | Apr 2026 | NFLW vs JELM | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.82% | 289.20M | Apr 2026 | NFLW vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.28M | Feb 2025 | NFLW vs HYTI |
Lowest Drawdown Alternatives to NFLW
NFLW has a 1-year max drawdown of -54.42%. There are 183 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% | 489.70M | Oct 2022 | NFLW vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | NFLW vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | NFLW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | NFLW vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | NFLW vs THTA |
Other ETFs from Roundhill
The 10 most viewed Roundhill ETFs shown here include MAGS, QDTE, CHAT and span 8 categories. AUM among these funds goes as high as $25B.
Often Compared With NFLW
Investors most often compare NFLW with NFLX, AAPW, NFLY. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare NFLW with Any Fund or Stock
Compare NFLW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NFLW with funds that move differently
Roundhill NFLX WeeklyPay ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NFLW.
Explore NFLW Diversifiers