YieldMax PLTR Option Income Strategy ETF (PLTY) 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 PLTY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLTY
PLTY charges 0.99% annually. There are 153 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 | PLTY vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | PLTY vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | PLTY vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | PLTY vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 438.36M | Oct 2023 | PLTY vs PAPI |
Best Risk-Adjusted Alternatives to PLTY
PLTY has a PortfoliosLab risk / return rank of 6. There are 168 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 | PLTY vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 489.70M | Oct 2022 | PLTY vs BUCK | |
| Global X S&P 500 Covered Call ETF | 93 | 3.24B | Jun 2013 | PLTY vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | PLTY vs PBP | |
| Global X Russell 2000 Covered Call ETF | 90 | 1.37B | Apr 2019 | PLTY vs RYLD |
Top Performing PLTY Alternatives (YTD)
PLTY is at -23.00% YTD. There are 221 ETFs in the Derivative Income category with higher YTD returns, going as high as 146.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 146.74% | 114.09M | Jul 2025 | PLTY vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 134.95% | 22.04M | Oct 2025 | PLTY vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 87.43% | 382.78M | Sep 2023 | PLTY vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 60.69% | 106.87M | Oct 2023 | PLTY vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 58.34% | 64.01M | Dec 2024 | PLTY vs SOXY |
Lowest Volatility Alternatives to PLTY
PLTY has 44.02% 1-year volatility. There are 254 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.59% | 489.70M | Oct 2022 | PLTY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.92% | 112.06M | Aug 2022 | PLTY vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | PLTY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | PLTY vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.30B | Dec 2015 | PLTY vs BUYW |
Lowest Drawdown Alternatives to PLTY
PLTY has a 1-year max drawdown of -41.36%. There are 164 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 | PLTY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | PLTY vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | PLTY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | PLTY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | PLTY vs THTA |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 7 categories. AUM among these funds goes as high as $1B.
Often Compared With PLTY
Investors most often compare PLTY with PLTW, PLTR, SMCY. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PLTY with Any Fund or Stock
Compare PLTY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLTY with funds that move differently
YieldMax PLTR Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLTY.
Explore PLTY Diversifiers