Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) Alternatives
Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) 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 QLDY. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to QLDY
QLDY charges 1.04% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among QLDY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | QLDY vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | QLDY vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | QLDY vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | QLDY vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | QLDY vs PBP |
Best Risk-Adjusted Alternatives to QLDY
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 97 | Jul 27, 2023 | QLDY vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | QLDY vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | QLDY vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | QLDY vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | QLDY vs USOY |
Top Performing QLDY Alternatives (YTD)
QLDY alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 60.22% | May 9, 2024 | QLDY vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | QLDY vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | QLDY vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | QLDY vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | QLDY vs COSW |
Lowest Volatility Alternatives to QLDY
QLDY alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | QLDY vs IPDP | |
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | QLDY vs QYLE | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | QLDY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | QLDY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | QLDY vs QRMI |
Lowest Drawdown Alternatives to QLDY
QLDY alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | QLDY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | QLDY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | QLDY vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | QLDY vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | QLDY vs TCAL |
Other ETFs from Defiance
Most popular Defiance ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Defiance Quantum ETF | Technology Equities | 85 | -1.95% | Sep 5, 2018 | QLDY vs QTUM | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | Options Trading, Dividend | 52 | -5.94% | Sep 13, 2023 | QLDY vs QQQY | |
| Defiance Daily Target 2X Long MSTR ETF | Leveraged Equities, Leveraged | 1 | -49.22% | Aug 14, 2024 | QLDY vs MSTX | |
| Defiance Large Cap ex-Mag 7 ETF | Large Cap Blend Equities | 54 | -1.56% | Oct 21, 2024 | QLDY vs XMAG | |
| Defiance Nasdaq 100 Income Target ETF | Derivative Income | 52 | -6.11% | Jun 20, 2024 | QLDY vs QQQT | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | Options Trading | 35 | -1.55% | Oct 30, 2023 | QLDY vs IWMY | |
| Defiance Gold Enhanced Options Income ETF | Derivative Income, Gold | — | 1.71% | Apr 1, 2025 | QLDY vs GLDY | |
| Defiance AI & Power Infrastructure ETF | Technology Equities | — | 12.84% | Jul 24, 2025 | QLDY vs AIPO | |
| Defiance S&P 500 Income Target ETF | Derivative Income, S&P 500 | 54 | -3.61% | Mar 7, 2024 | QLDY vs SPYT | |
| Defiance S&P 500 Enhanced Options & 0DTE Income ET... | Derivative Income, S&P 500 | 50 | -3.64% | Sep 18, 2023 | QLDY vs WDTE |
Often Compared With QLDY
What investors most often compare with QLDY, based on PortfoliosLab usage data.
Compare QLDY with Any Fund or Stock
Compare QLDY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.