YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) 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 SOXY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SOXY
SOXY charges 1.06% annually. There are 371 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Enhanced S&P 500 Covered Call ETF | 0.04% | 250.98M | Jul 2023 | SOXY vs USCL.TO | |
| Parametric Equity Plus ETF | 0.10% | 27.32M | Nov 2024 | SOXY vs PEPS | |
| UBS Euro Equity Defensive Put Write SF UCITS ETF E... | 0.21% | — | Jun 2016 | SOXY vs UIQ4.DE | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | SOXY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | SOXY vs SPIN |
Best Risk-Adjusted Alternatives to SOXY
SOXY has a PortfoliosLab risk / return rank of 95. There are 9 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Harvest Canadian Equity Income Leaders ETF Class A | 98 | — | Jun 2022 | SOXY vs HLIF.TO | |
| Mulvihill Canadian Bank Enhanced Yield ETF | 98 | — | Feb 2022 | SOXY vs CBNK.TO | |
| Evolve Canadian Banks and Lifecos Enhanced Yield I... | 97 | 1.16B | Feb 2022 | SOXY vs BANK.TO | |
| BMO Covered Call Canadian Banks ETF | 97 | 4.65B | Jan 2011 | SOXY vs ZWB.TO | |
| Global X Enhanced Equal Weight Canadian Banks Cove... | 97 | 197.22M | Jul 2023 | SOXY vs BKCL.TO |
Top Performing SOXY Alternatives (YTD)
SOXY is at 87.64% YTD. There are 6 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | SOXY vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | SOXY vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | SOXY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | SOXY vs AMDW | |
| IncomeShares AMD Options ETP | 107.99% | — | Jun 2025 | SOXY vs AMDI.L |
Lowest Volatility Alternatives to SOXY
SOXY has 33.96% 1-year volatility. There are 306 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.62%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | 1.62% | 227.30M | Sep 2024 | SOXY vs HBIL.TO | |
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | SOXY vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | SOXY vs HYTI | |
| Harvest Premium Yield 7-10 Year Treasury ETF - Cla... | 4.66% | 230.93M | Jan 2024 | SOXY vs HPYM.TO | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | SOXY vs BUYW |
Lowest Drawdown Alternatives to SOXY
SOXY has a 1-year max drawdown of -13.68%. There are 153 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | -0.95% | 227.30M | Sep 2024 | SOXY vs HBIL.TO | |
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | SOXY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | SOXY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | SOXY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | SOXY vs THTA |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With SOXY
Investors most often compare SOXY with SOXX, BIGY, SMH. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare SOXY with Any Fund or Stock
Compare SOXY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SOXY with funds that move differently
YieldMax Target 12™ Semiconductor Option Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SOXY.
Explore SOXY Diversifiers