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 257 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% | 29.05M | Nov 2024 | SOXY vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | SOXY vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | SOXY vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | SOXY vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 5.01B | Oct 2023 | SOXY vs GPIX |
Best Risk-Adjusted Alternatives to SOXY
SOXY has a PortfoliosLab risk / return rank of 87. There are 21 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | SOXY vs THTA | |
| Global X S&P 500 Covered Call ETF | 94 | 3.24B | Jun 2013 | SOXY vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 94 | 358.08M | Dec 2007 | SOXY vs PBP | |
| Simplify Treasury Option Income ETF | 93 | 489.70M | Oct 2022 | SOXY vs BUCK | |
| Global X Russell 2000 Covered Call ETF | 93 | 1.37B | Apr 2019 | SOXY vs RYLD |
Top Performing SOXY Alternatives (YTD)
SOXY is at 59.66% YTD. There are 4 ETFs in the Derivative Income category with higher YTD returns, going as high as 150.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 150.89% | 114.09M | Jul 2025 | SOXY vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 133.71% | 22.04M | Oct 2025 | SOXY vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 90.29% | 382.78M | Sep 2023 | SOXY vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 62.69% | 106.87M | Oct 2023 | SOXY vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 56.70% | 1.02B | Apr 2025 | SOXY vs CHPY |
Lowest Volatility Alternatives to SOXY
SOXY has 39.88% 1-year volatility. There are 239 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | SOXY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | SOXY vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | SOXY vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | SOXY vs HYTI | |
| Main Buywrite ETF | 4.87% | 1.30B | Dec 2015 | SOXY vs BUYW |
Lowest Drawdown Alternatives to SOXY
SOXY has a 1-year max drawdown of -28.56%. There are 148 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% | 489.70M | Oct 2022 | SOXY vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | SOXY vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | SOXY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | 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 16 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