PLTR WeeklyPay™ ETF (PLTW) 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 PLTW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLTW
PLTW charges 0.99% annually. There are 129 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% | 27.28M | Nov 2024 | PLTW vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | PLTW vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | PLTW vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | PLTW vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 749.48M | Jul 2024 | PLTW vs QQA |
Best Risk-Adjusted Alternatives to PLTW
PLTW has a PortfoliosLab risk / return rank of 9. There are 113 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | PLTW vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | PLTW vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | PLTW vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | PLTW vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | PLTW vs TSMY |
Top Performing PLTW Alternatives (YTD)
PLTW is at -26.21% YTD. There are 220 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | PLTW vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | PLTW vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | PLTW vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | PLTW vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | PLTW vs MRNY |
Lowest Volatility Alternatives to PLTW
PLTW has 61.73% 1-year volatility. There are 238 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | PLTW vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | PLTW vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | PLTW vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | PLTW vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | PLTW vs LQTI |
Lowest Drawdown Alternatives to PLTW
PLTW has a 1-year max drawdown of -46.29%. There are 126 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 438.06M | Oct 2022 | PLTW vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | PLTW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | PLTW vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | PLTW vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | PLTW vs OMAH |
Other ETFs from Roundhill
The 10 most viewed Roundhill ETFs shown here include MAGS, QDTE, XDTE and span 7 categories. AUM among these funds goes as high as $14B.
Often Compared With PLTW
Investors most often compare PLTW with PLTY, PLTR, PLTU. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare PLTW with Any Fund or Stock
Compare PLTW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLTW with funds that move differently
PLTR WeeklyPay™ ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLTW.
Explore PLTW Diversifiers