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 258 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 | QBY vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | QBY vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | QBY vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | QBY vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 438.36M | Oct 2023 | QBY vs PAPI |
Best Risk-Adjusted Alternatives to QBY
Among 200 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | QBY vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 489.70M | Oct 2022 | QBY vs BUCK | |
| Global X S&P 500 Covered Call ETF | 93 | 3.24B | Jun 2013 | QBY vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | QBY vs PBP | |
| Global X Russell 2000 Covered Call ETF | 90 | 1.37B | Apr 2019 | QBY vs RYLD |
Top Performing QBY Alternatives (YTD)
QBY is at -34.18% YTD. There are 247 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 | QBY vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 134.95% | 22.04M | Oct 2025 | QBY vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 87.43% | 382.78M | Sep 2023 | QBY vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 60.69% | 106.87M | Oct 2023 | QBY vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 58.34% | 64.01M | Dec 2024 | QBY vs SOXY |
Lowest Volatility Alternatives to QBY
QBY has 29.94% 1-year volatility. There are 206 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 | QBY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.92% | 112.06M | Aug 2022 | QBY vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | QBY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | QBY vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.30B | Dec 2015 | QBY vs BUYW |
Lowest Drawdown Alternatives to QBY
Among 200 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | QBY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | QBY vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | QBY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | QBY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | QBY vs THTA |
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 $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities, Technology Equities | 13 | 0.28% | 3.09B | Dec 2022 | QBY vs NVDL | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income, Options Trading, Actively Managed | 6 | -23.02% | 61.77M | Dec 2024 | QBY vs TSYY | |
| GraniteShares Gold Trust | Gold, Precious Metals | 30 | -6.21% | 1.34B | Aug 2017 | QBY vs BAR | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities | 86 | 232.67% | 974.29M | Mar 2024 | QBY vs AMDL | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 4 | -62.18% | 271.29M | Sep 2024 | QBY vs PTIR | |
| GraniteShares Platinum Trust | Precious Metals | 24 | -19.56% | 169.30M | Jan 2018 | QBY vs PLTM | |
| GraniteShares 2x Long MU Daily ETF | Leveraged Equities | 98 | 359.36% | 531.06M | Nov 2024 | QBY vs MULL | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 6 | 47.87% | 33.39M | Aug 2023 | QBY vs TSDD | |
| GraniteShares 2x Short NVDA Daily ETF | Inverse Equities | 4 | -30.21% | 58.14M | Aug 2023 | QBY vs NVD | |
| GraniteShares 2x Long META Daily ETF | Leveraged Equities | 2 | -39.43% | 148.67M | Dec 2022 | QBY vs FBL |
Often Compared With QBY
Investors most often compare QBY with GOOP, TSMY, CHPY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
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