GraniteShares YieldBOOST QBTS ETF (QBY) 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 QBY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QBY
QBY charges 1.07% annually. There are 236 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% | 27.32M | Nov 2024 | QBY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | QBY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | QBY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | QBY vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.27B | Oct 2023 | QBY vs GPIX |
Best Risk-Adjusted Alternatives to QBY
Among 163 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.16B | Apr 2025 | QBY vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | QBY vs THTA | |
| YieldMax AMD Option Income Strategy ETF | 92 | 409.32M | Sep 2023 | QBY vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | QBY vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 91 | 8.44B | Dec 2013 | QBY vs QYLD |
Top Performing QBY Alternatives (YTD)
QBY is at -26.67% YTD. There are 220 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | QBY vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | QBY vs CWII | |
| Roundhill ARM WeeklyPay ETF | 356.51% | 17.52M | Oct 2025 | QBY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 197.43% | 83.00M | Jul 2025 | QBY vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 111.33% | 409.32M | Sep 2023 | QBY vs AMDY |
Lowest Volatility Alternatives to QBY
QBY has 31.87% 1-year volatility. There are 187 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | QBY vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | QBY vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | QBY vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.12% | 292.66M | Feb 2025 | QBY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.50% | 50.16M | Aug 2021 | QBY vs XRMI |
Lowest Drawdown Alternatives to QBY
Among 163 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% | 465.86M | Oct 2022 | QBY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | QBY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | QBY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | QBY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | QBY vs OMAH |
Other ETFs from GraniteShares
The 10 most viewed GraniteShares ETFs shown here include NVDL, TSYY, BAR and span 8 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities, Technology Equities | 30 | 11.59% | 4.49B | Dec 2022 | QBY vs NVDL | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income, Options Trading, Actively Managed | 6 | -15.07% | 81.38M | Dec 2024 | QBY vs TSYY | |
| GraniteShares Gold Trust | Gold, Precious Metals | 24 | -2.94% | 1.43B | Aug 2017 | QBY vs BAR | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 5 | -62.70% | 344.79M | Sep 2024 | QBY vs PTIR | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities | 95 | 386.95% | 1.50B | Mar 2024 | QBY vs AMDL | |
| GraniteShares Platinum Trust | Precious Metals | 19 | -18.40% | 184.20M | Jan 2018 | QBY vs PLTM | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 3 | 1.03% | 32.86M | Aug 2023 | QBY vs TSDD | |
| GraniteShares 2x Short NVDA Daily ETF | Inverse Equities | 1 | -32.59% | 47.74M | Aug 2023 | QBY vs NVD | |
| GraniteShares 2x Long META Daily ETF | Leveraged Equities | 3 | -35.19% | 204.67M | Dec 2022 | QBY vs FBL | |
| GraniteShares 2x Long TSLA Daily ETF | Leveraged Equities | 13 | -28.33% | 104.19M | Aug 2023 | QBY vs TSLR |
Often Compared With QBY
Investors most often compare QBY with GOOP, MRNY, QQA. These 11 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Kurv Yield Premium Strategy Google ETF | Derivative Income | 86 | 9.46% | 22.71M | Oct 2023 | QBY vs GOOP | |
| YieldMax MRNA Option Income Strategy ETF | Derivative Income, Dividend | 41 | 73.01% | 121.45M | Oct 2023 | QBY vs MRNY | |
| Invesco QQQ Income Advantage ETF | Derivative Income | 75 | 14.40% | 768.95M | Jul 2024 | QBY vs QQA | |
| Day Hagan Smart Buffer ETF | Derivative Income | 60 | 4.05% | 39.66M | Feb 2025 | QBY vs DHSB | |
| YieldMax TSM Option Income Strategy ETF | Derivative Income | 90 | 44.41% | 129.82M | Aug 2024 | QBY vs TSMY | |
| FT Energy Income Partners Enhanced Income ETF | Derivative Income | 67 | 13.00% | 1.04B | Sep 2011 | QBY vs EIPI | |
| Dividend Performers ETF | Derivative Income | — | — | 20.88M | Dec 2018 | QBY vs IPDP | |
| Defiance Oil Enhanced Options Income ETF | Derivative Income | 22 | 36.45% | 66.18M | May 2024 | QBY vs USOY | |
| Invesco S&P 500 BuyWrite ETF | Derivative Income, S&P 500 | 82 | 5.07% | 347.16M | Dec 2007 | QBY vs PBP | |
| REX IncomeMax Option Strategy ETF | Derivative Income | — | 24.94% | 39.69M | Oct 2025 | QBY vs ULTI | |
| Parametric Equity Premium Income ETF | Derivative Income | 34 | 6.09% | 398.58M | Oct 2023 | QBY vs PAPI |
Compare QBY with Any Fund or Stock
Compare QBY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QBY with funds that move differently
GraniteShares YieldBOOST QBTS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QBY.
Explore QBY Diversifiers