Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE) Alternatives
Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE) 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 WDTE. 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 WDTE
WDTE charges 1.01% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among WDTE alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | WDTE vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | WDTE vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | WDTE vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | WDTE vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | WDTE vs PBP |
Best Risk-Adjusted Alternatives to WDTE
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 | WDTE vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | WDTE vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | WDTE vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | WDTE vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | WDTE vs USOY |
Top Performing WDTE Alternatives (YTD)
WDTE 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 | WDTE vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | WDTE vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | WDTE vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | WDTE vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | WDTE vs COSW |
Lowest Volatility Alternatives to WDTE
WDTE alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | WDTE vs IPDP | |
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | WDTE vs QYLE | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | WDTE vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | WDTE vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | WDTE vs QRMI |
Lowest Drawdown Alternatives to WDTE
WDTE 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 | WDTE vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | WDTE vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | WDTE vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | WDTE vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | WDTE vs TCAL |
Other ETFs from Defiance
Most popular Defiance ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Defiance Quantum ETF | Technology Equities | 85 | -1.95% | Sep 5, 2018 | WDTE vs QTUM | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | Options Trading, Dividend | 52 | -5.94% | Sep 13, 2023 | WDTE vs QQQY | |
| Defiance Daily Target 2X Long MSTR ETF | Leveraged Equities, Leveraged | 1 | -49.22% | Aug 14, 2024 | WDTE vs MSTX | |
| Defiance Large Cap ex-Mag 7 ETF | Large Cap Blend Equities | 54 | -1.56% | Oct 21, 2024 | WDTE vs XMAG | |
| Defiance Nasdaq 100 Income Target ETF | Derivative Income | 52 | -6.11% | Jun 20, 2024 | WDTE vs QQQT | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | Options Trading | 35 | -1.55% | Oct 30, 2023 | WDTE vs IWMY | |
| Defiance Gold Enhanced Options Income ETF | Derivative Income, Gold | — | 1.71% | Apr 1, 2025 | WDTE vs GLDY | |
| Defiance AI & Power Infrastructure ETF | Technology Equities | — | 12.84% | Jul 24, 2025 | WDTE vs AIPO | |
| Defiance S&P 500 Income Target ETF | Derivative Income, S&P 500 | 54 | -3.61% | Mar 7, 2024 | WDTE vs SPYT | |
| Defiance Leveraged Long Income MSTR ETF | Derivative Income, Leveraged Equities | — | -39.41% | May 1, 2025 | WDTE vs MST |
Often Compared With WDTE
What investors most often compare with WDTE, based on PortfoliosLab usage data.
Compare WDTE with Any Fund or Stock
Compare WDTE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.