YieldMax SQ Option Income Strategy ETF (SQY) Alternatives
YieldMax SQ Option Income Strategy ETF (SQY) 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 SQY. 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 SQY
SQY charges 1.01% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among SQY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | SQY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | SQY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | SQY vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | SQY vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | SQY vs PBP |
Best Risk-Adjusted Alternatives to SQY
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 | SQY vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | SQY vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | SQY vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | SQY vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | SQY vs USOY |
Top Performing SQY Alternatives (YTD)
SQY 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 | SQY vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | SQY vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | SQY vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | SQY vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | SQY vs COSW |
Lowest Volatility Alternatives to SQY
SQY alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | SQY vs QYLE | |
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | SQY vs IPDP | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | SQY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | SQY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | SQY vs QRMI |
Lowest Drawdown Alternatives to SQY
SQY 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 | SQY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | SQY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | SQY vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | SQY vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | SQY 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 | SQY vs MSTY | |
| YieldMax Ultra Option Income Strategy ETF | Derivative Income | 25 | -3.71% | Feb 28, 2024 | SQY vs ULTY | |
| YieldMax Universe Fund of Option Income ETFs | Large Cap Blend Equities | 15 | -13.13% | Jan 16, 2024 | SQY vs YMAX | |
| YieldMax NVDA Option Income Strategy ETF | Options Trading | 87 | -1.61% | May 10, 2023 | SQY vs NVDY | |
| YieldMax TSLA Option Income Strategy ETF | Options Trading | 70 | -10.58% | Nov 22, 2022 | SQY vs TSLY | |
| YieldMax Magnificent 7 Fund of Option Income ETFs | Large Cap Blend Equities | 69 | -9.13% | Jan 29, 2024 | SQY vs YMAG | |
| YieldMax PLTR Option Income Strategy ETF | Derivative Income | 55 | -13.43% | Oct 7, 2024 | SQY vs PLTY | |
| YieldMax COIN Option Income Strategy ETF | Derivative Income | 7 | -21.78% | Aug 14, 2023 | SQY vs CONY | |
| YieldMax Semiconductor Portfolio Option Income ETF | Derivative Income, Semiconductors | — | 10.53% | Apr 2, 2025 | SQY vs CHPY | |
| YieldMax Bitcoin Option Income Strategy ETF | Cryptocurrency | 6 | -19.99% | Apr 22, 2024 | SQY vs YBIT |
Often Compared With SQY
What investors most often compare with SQY, based on PortfoliosLab usage data.
Compare SQY with Any Fund or Stock
Compare SQY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.