YieldMax TSM Option Income Strategy ETF (TSMY) 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 TSMY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TSMY
TSMY charges 0.99% annually. There are 127 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 | TSMY vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | TSMY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | TSMY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | TSMY vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 749.48M | Jul 2024 | TSMY vs QQA |
Best Risk-Adjusted Alternatives to TSMY
TSMY has a PortfoliosLab risk / return rank of 90. There are 3 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 | TSMY vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | TSMY vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | TSMY vs GOOY | |
| FT Vest Technology Dividend Target Income ETF | 90 | — | Aug 2023 | TSMY vs TDVI | |
| Global X NASDAQ 100 Covered Call ETF | 90 | 8.41B | Dec 2013 | TSMY vs QYLD |
Top Performing TSMY Alternatives (YTD)
TSMY is at 38.94% YTD. There are 12 ETFs in the Derivative Income category with higher YTD returns, going as high as 347.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 347.83% | 14.71M | Oct 2025 | TSMY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 178.71% | 90.88M | Jul 2025 | TSMY vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 83.68% | 1.02B | Apr 2025 | TSMY vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 59.86% | 62.15M | May 2024 | TSMY vs USOY | |
| REX IncomeMax Option Strategy ETF | 47.97% | 40.50M | Oct 2025 | TSMY vs ULTI |
Lowest Volatility Alternatives to TSMY
TSMY has 28.83% 1-year volatility. There are 160 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 | TSMY vs IPDP | |
| Innovator Index Autocallable Income Strategy ETF | 3.15% | — | Sep 2025 | TSMY vs ACII | |
| Simplify Treasury Option Income ETF | 3.22% | 438.06M | Oct 2022 | TSMY vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | TSMY vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.21B | Dec 2015 | TSMY vs BUYW |
Lowest Drawdown Alternatives to TSMY
TSMY has a 1-year max drawdown of -15.50%. There are 86 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 | TSMY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | TSMY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | TSMY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | TSMY vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | TSMY vs OMAH |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 4 categories. AUM among these funds goes as high as $1B.
Often Compared With TSMY
Investors most often compare TSMY with VOO, TSM, SPY. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare TSMY with Any Fund or Stock
Compare TSMY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TSMY with funds that move differently
YieldMax TSM Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TSMY.
Explore TSMY Diversifiers