VistaShares Target 15™ Berkshire Select Income ETF (OMAH) 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 OMAH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OMAH
OMAH charges 0.95% annually. There are 135 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 | OMAH vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | OMAH vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | OMAH vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | OMAH vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 438.36M | Oct 2023 | OMAH vs PAPI |
Best Risk-Adjusted Alternatives to OMAH
OMAH has a PortfoliosLab risk / return rank of 87. There are 25 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | OMAH vs THTA | |
| Global X S&P 500 Covered Call ETF | 94 | 3.24B | Jun 2013 | OMAH vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 94 | 358.08M | Dec 2007 | OMAH vs PBP | |
| Simplify Treasury Option Income ETF | 93 | 489.70M | Oct 2022 | OMAH vs BUCK | |
| Global X Russell 2000 Covered Call ETF | 93 | 1.37B | Apr 2019 | OMAH vs RYLD |
Top Performing OMAH Alternatives (YTD)
OMAH is at 10.47% YTD. There are 82 ETFs in the Derivative Income category with higher YTD returns, going as high as 150.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 150.89% | 114.09M | Jul 2025 | OMAH vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 133.71% | 22.04M | Oct 2025 | OMAH vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 90.29% | 382.78M | Sep 2023 | OMAH vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 62.69% | 106.87M | Oct 2023 | OMAH vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 59.66% | 64.01M | Dec 2024 | OMAH vs SOXY |
Lowest Volatility Alternatives to OMAH
OMAH has 8.36% 1-year volatility. There are 26 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 | OMAH vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | OMAH vs HYGW | |
| Janus Henderson Equity Linked Moderate Income ETF | 3.69% | — | Apr 2026 | OMAH vs JELM | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | OMAH vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | OMAH vs HYTI |
Lowest Drawdown Alternatives to OMAH
OMAH has a 1-year max drawdown of -2.95%. There are 5 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 | OMAH vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | OMAH vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | OMAH vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | OMAH vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | OMAH vs THTA |
Other ETFs from VistaShares
The 7 most viewed VistaShares ETFs shown here include AIS, QUSA, ACKY and span 8 categories. AUM among these funds goes as high as $921M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| VistaShares Artificial Intelligence Supercycle ETF | Artificial Intelligence, Technology Equities | 89 | 72.78% | 921.07M | Dec 2024 | OMAH vs AIS | |
| VistaShares Target 15™ USA Quality Income ETF | Quality Factor, Derivative Income | 23 | 9.00% | 21.12M | May 2025 | OMAH vs QUSA | |
| VistaShares Target 15 ACKtivist Select Income ETF | Derivative Income | — | 0.22% | 45.00M | Sep 2025 | OMAH vs ACKY | |
| VistaShares Target 15 Druckenmiller Macro Distribu... | Derivative Income | — | 0.37% | 16.55M | Oct 2025 | OMAH vs DRKY | |
| VistaShares Electrification Supercycle ETF | Actively Managed, Energy Equities, Industrials Equities, Global Equities | — | 34.20% | 65.23M | Oct 2025 | OMAH vs POW | |
| VistaShares Target 15 TEPRTantrum Contrarian Distr... | Derivative Income | — | — | 3.44M | Feb 2026 | OMAH vs TPRY | |
| VistaShares Target 15 S&P 100 Distribution ETF | Derivative Income | — | 8.29% | 16.79M | Dec 2025 | OMAH vs SIOO |
Often Compared With OMAH
Investors most often compare OMAH with QQQI, JEPQ, SCHD. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare OMAH with Any Fund or Stock
Compare OMAH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OMAH with funds that move differently
VistaShares Target 15™ Berkshire Select Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OMAH.
Explore OMAH Diversifiers