Amplify SILJ Covered Call ETF (SLJY) 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 SLJY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SLJY
SLJY charges 0.75% annually. There are 91 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 | SLJY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | SLJY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | SLJY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | SLJY vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 787.43M | Jul 2024 | SLJY vs QQA |
Best Risk-Adjusted Alternatives to SLJY
Among 170 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 | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | SLJY vs BUCK | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | SLJY vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 246.95M | Jul 2023 | SLJY vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 91 | 1.16B | Apr 2025 | SLJY vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 938.31M | Jan 2014 | SLJY vs FTQI |
Top Performing SLJY Alternatives (YTD)
SLJY is at -10.42% YTD. There are 184 ETFs in the Derivative Income category with higher YTD returns, going as high as 163.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 163.57% | 116.76M | Jul 2025 | SLJY vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 161.70% | 27.86M | Oct 2025 | SLJY vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 97.19% | 443.39M | Sep 2023 | SLJY vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 80.55% | 127.56M | Oct 2023 | SLJY vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 63.11% | 1.16B | Apr 2025 | SLJY vs CHPY |
Lowest Volatility Alternatives to SLJY
SLJY has 49.68% 1-year volatility. There are 246 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.74% | 474.96M | Oct 2022 | SLJY vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.38% | 206.17M | Apr 2026 | SLJY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.87% | 88.48M | Feb 2025 | SLJY vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.26B | Dec 2015 | SLJY vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 4.95% | 726.94K | May 2026 | SLJY vs FIYY |
Lowest Drawdown Alternatives to SLJY
Among 170 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% | 474.96M | Oct 2022 | SLJY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | SLJY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | SLJY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | SLJY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | SLJY vs OMAH |
Other ETFs from Amplify
The 10 most viewed Amplify ETFs shown here include DIVO, QDVO, IDVO and span 12 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Amplify CWP Enhanced Dividend Income ETF | Derivative Income | 72 | 7.50% | 7.30B | Dec 2016 | SLJY vs DIVO | |
| Amplify CWP Growth & Income ETF | Derivative Income | 49 | 8.27% | 728.58M | Aug 2024 | SLJY vs QDVO | |
| Amplify CWP International Enhanced Dividend Income... | Derivative Income, Dividend, Foreign Large Cap Equities | 75 | 13.48% | 1.30B | Sep 2022 | SLJY vs IDVO | |
| Amplify Junior Silver Miners ETF | Silver, Precious Metals | 33 | -13.91% | 3.22B | Nov 2012 | SLJY vs SILJ | |
| Amplify Blockchain Technology ETF | Blockchain, Technology Equities | 10 | 4.97% | 1.14B | Jan 2018 | SLJY vs BLOK | |
| Amplify AI Powered Equity ETF | Large Cap Growth Equities | 52 | 11.43% | 121.92M | Oct 2017 | SLJY vs AIEQ | |
| Amplify Cybersecurity ETF | Technology Equities, Cybersecurity | 36 | 36.99% | 2.70B | Nov 2014 | SLJY vs HACK | |
| Breakwave Tanker Shipping ETF | Commodities | 99 | 1,090.11% | 22.86M | May 2023 | SLJY vs BWET | |
| Amplify CEF High Income ETF | Diversified Portfolio | 43 | 6.40% | 722.43M | Jun 2012 | SLJY vs YYY | |
| Amplify Lithium & Battery Technology ETF | Lithium & Battery Metals | 49 | 2.90% | 118.16M | Jun 2018 | SLJY vs BATT |
Often Compared With SLJY
Investors most often compare SLJY with KSLV, NEHI, YGLD. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare SLJY with Any Fund or Stock
Compare SLJY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SLJY with funds that move differently
Amplify SILJ Covered Call ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SLJY.
Explore SLJY Diversifiers