VegaShares SPX NDX RTY Premium Income ETF (ODTE) 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 ODTE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ODTE
ODTE charges 0.76% annually. There are 99 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% | 28.26M | Nov 2024 | ODTE vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 307.07M | Mar 2024 | ODTE vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.12M | Sep 2024 | ODTE vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | ODTE vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 341.06M | Dec 2007 | ODTE vs PBP |
Best Risk-Adjusted Alternatives to ODTE
Among 167 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | ODTE vs THTA | |
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.11B | Apr 2025 | ODTE vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 93 | 413.17M | Sep 2023 | ODTE vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 240.18M | Jul 2023 | ODTE vs GOOY | |
| First Trust Nasdaq BuyWrite Income ETF | 89 | 904.92M | Jan 2014 | ODTE vs FTQI |
Top Performing ODTE Alternatives (YTD)
Among 244 ETFs in the Derivative Income category with YTD return data, the top-performing alternatives shown here go as high as 228.85%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 228.85% | 22.82M | Oct 2025 | ODTE vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 174.56% | 109.34M | Jul 2025 | ODTE vs AMDW | |
| YieldMax MRNA Option Income Strategy ETF | 117.77% | 118.18M | Oct 2023 | ODTE vs MRNY | |
| YieldMax AMD Option Income Strategy ETF | 104.78% | 413.17M | Sep 2023 | ODTE vs AMDY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 74.91% | 1.11B | Apr 2025 | ODTE vs CHPY |
Lowest Volatility Alternatives to ODTE
ODTE has 15.51% 1-year volatility. There are 105 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.92%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.92% | 470.81M | Oct 2022 | ODTE vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.91% | 90.87M | Feb 2025 | ODTE vs HYTI | |
| GraniteShares YieldBOOST Financials ETF | 4.45% | — | May 2026 | ODTE vs FINY | |
| Main Buywrite ETF | 4.85% | 1.23B | Dec 2015 | ODTE vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.15% | 293.75M | Feb 2025 | ODTE vs LQTI |
Lowest Drawdown Alternatives to ODTE
Among 167 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 470.81M | Oct 2022 | ODTE vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.87M | Feb 2025 | ODTE vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | ODTE vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | ODTE vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | ODTE vs OMAH |
Other ETFs from VegaShares
The 1 most viewed VegaShares ETFs shown here include VAIE and span 1 categories. AUM among these funds goes as high as $992K.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| VegaShares US Equity Autocallable Income ETF | Derivative Income | — | — | 992.04K | May 2026 | ODTE vs VAIE |
Often Compared With ODTE
Investors most often compare ODTE with CWII, QYLD, TSPY. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare ODTE with Any Fund or Stock
Compare ODTE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ODTE with funds that move differently
VegaShares SPX NDX RTY Premium Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ODTE.
Explore ODTE Diversifiers