Roundhill TSLA WeeklyPay™ ETF (TSLW) 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 TSLW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TSLW
TSLW charges 0.99% annually. There are 138 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% | 27.32M | Nov 2024 | TSLW vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | TSLW vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | TSLW vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | TSLW vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 768.95M | Jul 2024 | TSLW vs QQA |
Best Risk-Adjusted Alternatives to TSLW
TSLW has a PortfoliosLab risk / return rank of 10. There are 121 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | TSLW vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | TSLW vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | TSLW vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | TSLW vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | TSLW vs BUCK |
Top Performing TSLW Alternatives (YTD)
TSLW is at -20.26% YTD. There are 201 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 | TSLW vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | TSLW vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | TSLW vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | TSLW vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | TSLW vs AMDY |
Lowest Volatility Alternatives to TSLW
TSLW has 53.51% 1-year volatility. There are 233 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | TSLW vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | TSLW vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | TSLW vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | TSLW vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | TSLW vs XRMI |
Lowest Drawdown Alternatives to TSLW
TSLW has a 1-year max drawdown of -35.80%. There are 130 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | TSLW vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | TSLW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | TSLW vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | TSLW vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | TSLW vs OMAH |
Other ETFs from Roundhill
The 10 most viewed Roundhill ETFs shown here include MAGS, QDTE, CHAT and span 7 categories. AUM among these funds goes as high as $16B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Roundhill Magnificent Seven ETF | Technology Equities, Large Cap Growth Equities | 25 | -4.28% | 3.78B | Apr 2023 | TSLW vs MAGS | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | Derivative Income, Options Trading | 64 | 12.61% | 864.88M | Mar 2024 | TSLW vs QDTE | |
| Roundhill Generative AI & Technology ETF | Technology Equities | 89 | 63.45% | 2.01B | May 2023 | TSLW vs CHAT | |
| Roundhill S&P 500 0DTE Covered Call Strategy ETF | Derivative Income, S&P 500 | 61 | 6.79% | 317.35M | Mar 2024 | TSLW vs XDTE | |
| Roundhill Bitcoin Covered Call Strategy ETF | Cryptocurrency | 2 | -26.15% | 128.93M | Jan 2024 | TSLW vs YBTC | |
| Roundhill Daily 2X Long Magnificent Seven ETF | Leveraged Equities | 19 | -13.73% | 65.45M | Feb 2024 | TSLW vs MAGX | |
| Roundhill Memory ETF | Technology Equities | — | — | 15.51B | Apr 2026 | TSLW vs DRAM | |
| PLTR WeeklyPay™ ETF | Derivative Income | 5 | -42.11% | 127.22M | Feb 2025 | TSLW vs PLTW | |
| Roundhill Magnificent Seven Covered Call ETF | Derivative Income | 11 | -7.53% | 147.97M | Apr 2025 | TSLW vs MAGY | |
| Roundhill NVDA WeeklyPay ETF | Derivative Income | 29 | 6.30% | 123.06M | Feb 2025 | TSLW vs NVDW |
Often Compared With TSLW
Investors most often compare TSLW with TSYY, TSLY, TSII. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare TSLW with Any Fund or Stock
Compare TSLW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TSLW with funds that move differently
Roundhill TSLA WeeklyPay™ ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TSLW.
Explore TSLW Diversifiers