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 128 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% | 27.28M | Nov 2024 | TSLW vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | TSLW vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | TSLW vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | TSLW vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.25B | Oct 2023 | TSLW vs GPIX |
Best Risk-Adjusted Alternatives to TSLW
TSLW has a PortfoliosLab risk / return rank of 15. There are 99 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | TSLW vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | TSLW vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | TSLW vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | TSLW vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | TSLW vs TSMY |
Top Performing TSLW Alternatives (YTD)
TSLW is at -9.26% YTD. There are 179 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | TSLW vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | TSLW vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | TSLW vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | TSLW vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | TSLW vs MRNY |
Lowest Volatility Alternatives to TSLW
TSLW has 55.52% 1-year volatility. There are 225 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | TSLW vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | TSLW vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | TSLW vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | TSLW vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | TSLW vs LQTI |
Lowest Drawdown Alternatives to TSLW
TSLW has a 1-year max drawdown of -35.80%. There are 115 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% | 438.06M | Oct 2022 | TSLW vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | TSLW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | 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, XDTE and span 7 categories. AUM among these funds goes as high as $14B.
Often Compared With TSLW
Investors most often compare TSLW with TSYY, TSLY, TSII. These 20 comparison targets span 6 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