YieldMax Ultra Short Option Income Strategy ETF (SLTY) Alternatives
YieldMax Ultra Short Option Income Strategy ETF (SLTY) 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 SLTY. 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 SLTY
SLTY charges 1.24% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among SLTY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | SLTY vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | SLTY vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | SLTY vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | SLTY vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | SLTY vs PBP |
Best Risk-Adjusted Alternatives to SLTY
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 | SLTY vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | SLTY vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | SLTY vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | SLTY vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | SLTY vs USOY |
Top Performing SLTY Alternatives (YTD)
SLTY 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 | SLTY vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | SLTY vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | SLTY vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | SLTY vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | SLTY vs COSW |
Lowest Volatility Alternatives to SLTY
SLTY 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 | SLTY vs IPDP | |
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | SLTY vs QYLE | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | SLTY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | SLTY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | SLTY vs QRMI |
Lowest Drawdown Alternatives to SLTY
SLTY 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 | SLTY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | SLTY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | SLTY vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | SLTY vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | SLTY vs TCAL |
Other ETFs from YieldMax
Most popular YieldMax ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| YieldMax™ MSTR Option Income Strategy ETF | Derivative Income | 2 | -13.58% | Feb 21, 2024 | SLTY vs MSTY | |
| YieldMax Ultra Option Income Strategy ETF | Derivative Income | 25 | -3.71% | Feb 28, 2024 | SLTY vs ULTY | |
| YieldMax Universe Fund of Option Income ETFs | Large Cap Blend Equities | 15 | -13.13% | Jan 16, 2024 | SLTY vs YMAX | |
| YieldMax NVDA Option Income Strategy ETF | Options Trading | 87 | -1.61% | May 10, 2023 | SLTY vs NVDY | |
| YieldMax TSLA Option Income Strategy ETF | Options Trading | 70 | -10.58% | Nov 22, 2022 | SLTY vs TSLY | |
| YieldMax Magnificent 7 Fund of Option Income ETFs | Large Cap Blend Equities | 69 | -9.13% | Jan 29, 2024 | SLTY vs YMAG | |
| YieldMax PLTR Option Income Strategy ETF | Derivative Income | 55 | -13.43% | Oct 7, 2024 | SLTY vs PLTY | |
| YieldMax COIN Option Income Strategy ETF | Derivative Income | 7 | -21.78% | Aug 14, 2023 | SLTY vs CONY | |
| YieldMax Semiconductor Portfolio Option Income ETF | Derivative Income, Semiconductors | — | 10.53% | Apr 2, 2025 | SLTY vs CHPY | |
| YieldMax Bitcoin Option Income Strategy ETF | Cryptocurrency | 6 | -19.99% | Apr 22, 2024 | SLTY vs YBIT |
Often Compared With SLTY
What investors most often compare with SLTY, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| YieldMax Short N100 Option Income Strategy ETF | Derivative Income, Inverse Equities | 6 | 11.80% | Aug 14, 2024 | SLTY vs YQQQ | |
| Apple Inc | 59 | -6.56% | — | SLTY vs AAPL | ||
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | Options Trading | 48 | 1.44% | Jun 18, 2022 | SLTY vs TLTW | |
| NEOS Nasdaq-100 High Income ETF | Derivative Income | 72 | -4.41% | Jan 29, 2024 | SLTY vs QQQI | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | SLTY vs SPY | |
| Roundhill WeeklyPay™ Universe ETF | Derivative Income | — | -10.65% | Sep 3, 2025 | SLTY vs WPAY | |
| FT Energy Income Partners Enhanced Income ETF | Derivative Income | 72 | 15.17% | Sep 27, 2011 | SLTY vs EIPI | |
| YieldMax Short COIN Option Income Strategy ETF | Derivative Income, Inverse Equities | 4 | 12.38% | Jul 9, 2024 | SLTY vs FIAT |
Compare SLTY with Any Fund or Stock
Compare SLTY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.