YieldMax TSLA Option Income Strategy ETF (TSLY) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TSLY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TSLY
TSLY charges 1.07% annually. There are 157 ETFs in the Options Trading category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Tax-Aware Collateral ETF | 0.14% | 1.21B | Apr 2026 | TSLY vs CBOX | |
| Parametric Hedged Equity ETF | 0.29% | 139.40M | Oct 2023 | TSLY vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.87M | Jul 2025 | TSLY vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 296.16M | Nov 2021 | TSLY vs HEQT | |
| Castellan Targeted Income ETF | 0.45% | — | Jun 2025 | TSLY vs CTIF |
Best Risk-Adjusted Alternatives to TSLY
TSLY has a PortfoliosLab risk / return rank of 15. There are 142 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | TSLY vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.22M | Mar 2023 | TSLY vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 199.47M | May 2020 | TSLY vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | TSLY vs PBAP | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | 153.67M | Mar 2023 | TSLY vs XMAR |
Top Performing TSLY Alternatives (YTD)
TSLY is at -21.41% YTD. There are 157 ETFs in the Options Trading category with higher YTD returns, going as high as 105.10%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 105.10% | 382.78M | Sep 2023 | TSLY vs AMDY | |
| Defiance Oil Enhanced Options Income ETF | 37.86% | 64.41M | May 2024 | TSLY vs USOY | |
| Simplify Piper Sandler US Small-Cap PLUS Income ET... | 20.54% | 6.72M | Apr 2025 | TSLY vs LITL | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 17.47% | 180.69M | Sep 2023 | TSLY vs QQQY | |
| Defiance R2000 Weekly Distribution ETF | 17.15% | 95.57M | Oct 2023 | TSLY vs IWMY |
Lowest Volatility Alternatives to TSLY
TSLY has 38.27% 1-year volatility. There are 163 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.30% | — | Mar 2024 | TSLY vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 1.56% | 32.22M | Mar 2023 | TSLY vs APRJ | |
| Alpha Architect Tail Risk ETF | 1.57% | 709.87M | Aug 2013 | TSLY vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - July | 1.68% | 13.68M | Jun 2023 | TSLY vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.06% | — | Mar 2024 | TSLY vs XIMR |
Lowest Drawdown Alternatives to TSLY
TSLY has a 1-year max drawdown of -31.78%. There are 148 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | TSLY vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.22M | Mar 2023 | TSLY vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.68M | Jun 2023 | TSLY vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 709.87M | Aug 2013 | TSLY vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 199.47M | May 2020 | TSLY vs APRW |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 7 categories. AUM among these funds goes as high as $1B.
Often Compared With TSLY
Investors most often compare TSLY with TSLA, TSYY, TSLL. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare TSLY with Any Fund or Stock
Compare TSLY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TSLY with funds that move differently
YieldMax TSLA Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TSLY.
Explore TSLY Diversifiers