YieldMax XYZ Option Income Strategy ETF (XYZY) 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 XYZY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XYZY
XYZY charges 0.99% annually. There are 267 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Enhanced S&P 500 Covered Call ETF | 0.04% | 250.98M | Jul 2023 | XYZY vs USCL.TO | |
| Parametric Equity Plus ETF | 0.10% | 27.32M | Nov 2024 | XYZY vs PEPS | |
| UBS Euro Equity Defensive Put Write SF UCITS ETF E... | 0.21% | — | Jun 2016 | XYZY vs UIQ4.DE | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | XYZY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | XYZY vs SPIN |
Best Risk-Adjusted Alternatives to XYZY
XYZY has a PortfoliosLab risk / return rank of 9. There are 233 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Harvest Canadian Equity Income Leaders ETF Class A | 98 | — | Jun 2022 | XYZY vs HLIF.TO | |
| Mulvihill Canadian Bank Enhanced Yield ETF | 98 | — | Feb 2022 | XYZY vs CBNK.TO | |
| Evolve Canadian Banks and Lifecos Enhanced Yield I... | 97 | 1.16B | Feb 2022 | XYZY vs BANK.TO | |
| BMO Covered Call Canadian Banks ETF | 97 | 4.65B | Jan 2011 | XYZY vs ZWB.TO | |
| Global X Enhanced Equal Weight Canadian Banks Cove... | 97 | 197.22M | Jul 2023 | XYZY vs BKCL.TO |
Top Performing XYZY Alternatives (YTD)
XYZY is at 1.01% YTD. There are 247 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 | XYZY vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | XYZY vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | XYZY vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | XYZY vs AMDW | |
| IncomeShares AMD Options ETP | 107.99% | — | Jun 2025 | XYZY vs AMDI.L |
Lowest Volatility Alternatives to XYZY
XYZY has 39.33% 1-year volatility. There are 330 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.62%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | 1.62% | 227.30M | Sep 2024 | XYZY vs HBIL.TO | |
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | XYZY vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | XYZY vs HYTI | |
| Harvest Premium Yield 7-10 Year Treasury ETF - Cla... | 4.66% | 230.93M | Jan 2024 | XYZY vs HPYM.TO | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | XYZY vs BUYW |
Lowest Drawdown Alternatives to XYZY
XYZY has a 1-year max drawdown of -37.72%. There are 246 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | -0.95% | 227.30M | Sep 2024 | XYZY vs HBIL.TO | |
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | XYZY vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | XYZY vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | XYZY vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | XYZY vs THTA |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With XYZY
Investors most often compare XYZY with XYZ, SPY, SMCY. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare XYZY with Any Fund or Stock
Compare XYZY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XYZY with funds that move differently
YieldMax XYZ Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XYZY.
Explore XYZY Diversifiers