Global X Russell 2000 Covered Call & Growth ETF (RYLG) 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 RYLG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYLG
RYLG charges 0.35% annually. There are 11 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% | 29.28M | Nov 2024 | RYLG vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | RYLG vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | RYLG vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | RYLG vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.77B | Oct 2023 | RYLG vs GPIX |
Best Risk-Adjusted Alternatives to RYLG
RYLG has a PortfoliosLab risk / return rank of 73. There are 31 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | RYLG vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 474.96M | Oct 2022 | RYLG vs BUCK | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | RYLG vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 93 | 443.39M | Sep 2023 | RYLG vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 246.95M | Jul 2023 | RYLG vs GOOY |
Top Performing RYLG Alternatives (YTD)
RYLG is at 15.01% YTD. There are 26 ETFs in the Derivative Income category with higher YTD returns, going as high as 207.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 207.86% | 27.86M | Oct 2025 | RYLG vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 184.48% | 116.76M | Jul 2025 | RYLG vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 109.12% | 443.39M | Sep 2023 | RYLG vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 89.76% | 127.56M | Oct 2023 | RYLG vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.96% | 1.16B | Apr 2025 | RYLG vs CHPY |
Lowest Volatility Alternatives to RYLG
RYLG has 14.94% 1-year volatility. There are 105 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | RYLG vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.45% | 206.17M | Apr 2026 | RYLG vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | RYLG vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.26B | Dec 2015 | RYLG vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.08% | 726.94K | May 2026 | RYLG vs FIYY |
Lowest Drawdown Alternatives to RYLG
RYLG has a 1-year max drawdown of -8.18%. There are 52 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% | 474.96M | Oct 2022 | RYLG vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | RYLG vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | RYLG vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | RYLG vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | RYLG vs OMAH |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 88 | 9.09% | 8.37B | Dec 2013 | RYLG vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 10 | -6.37% | 6.91B | Sep 2023 | RYLG vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 56 | 20.53% | 10.08B | May 2018 | RYLG vs AIQ | |
| Global X Uranium ETF | Uranium | 15 | -4.70% | 5.92B | Nov 2010 | RYLG vs URA | |
| Global X Copper Miners ETF | Copper | 54 | 3.92% | 6.98B | Apr 2010 | RYLG vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 18 | -0.94% | 3.44B | Sep 2016 | RYLG vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 31 | -10.96% | 4.14B | Apr 2010 | RYLG vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 89 | 6.88% | 3.22B | Jun 2013 | RYLG vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 84 | 35.04% | 2.25B | Oct 2020 | RYLG vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 50 | 17.87% | 14.01B | Mar 2017 | RYLG vs PAVE |
Often Compared With RYLG
Investors most often compare RYLG with IWMW, IWM, VFV.TO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare RYLG with Any Fund or Stock
Compare RYLG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYLG with funds that move differently
Global X Russell 2000 Covered Call & Growth ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYLG.
Explore RYLG Diversifiers