YieldMax Bitcoin Option Income Strategy ETF (YBIT) belongs to the Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with YBIT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to YBIT
YBIT charges 0.99% annually. There are 109 ETFs in the Cryptocurrency category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 392.19M | Apr 2026 | YBIT vs MSBT | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.71B | Jul 2024 | YBIT vs BTC | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.57B | Jul 2024 | YBIT vs ETH | |
| Franklin Bitcoin ETF | 0.19% | 354.69M | Jan 2024 | YBIT vs EZBC | |
| Franklin Crypto Index ETF | 0.19% | 14.11M | Feb 2025 | YBIT vs EZPZ |
Best Risk-Adjusted Alternatives to YBIT
YBIT has a PortfoliosLab risk / return rank of 2. There are 72 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 96 | — | Oct 2017 | YBIT vs ZCSH | |
| CoinShares Bitcoin Miners ETF | 62 | 240.40M | Feb 2022 | YBIT vs WGMI | |
| ProShares Short Bitcoin ETF | 51 | 129.73M | Jun 2022 | YBIT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 45 | 176.54M | Apr 2024 | YBIT vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 40 | — | Jul 2024 | YBIT vs BTCZ |
Top Performing YBIT Alternatives (YTD)
YBIT is at -25.71% YTD. There are 31 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 43.06%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CoinShares Bitcoin Miners ETF | 43.06% | 240.40M | Feb 2022 | YBIT vs WGMI | |
| Proshares Ultrashort Bitcoin ETF | 35.42% | 176.54M | Apr 2024 | YBIT vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 30.29% | — | Jul 2024 | YBIT vs BTCZ | |
| ProShares Short Ether Strategy ETF | 29.49% | 16.03M | Nov 2023 | YBIT vs SETH | |
| ProShares UltraShort Ether ETF | 29.04% | 60.61M | Jun 2024 | YBIT vs ETHD |
Lowest Volatility Alternatives to YBIT
YBIT has 36.98% 1-year volatility. There are 21 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 1.95%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 1.95% | — | Oct 2025 | YBIT vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.65% | — | Oct 2025 | YBIT vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.48% | — | Oct 2025 | YBIT vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.54% | — | Oct 2025 | YBIT vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.69% | 7.65M | Sep 2025 | YBIT vs BFOC |
Lowest Drawdown Alternatives to YBIT
YBIT has a 1-year max drawdown of -47.46%. There are 12 ETFs in the Cryptocurrency category with shallower 1-year drawdowns, going as shallow as -14.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -14.02% | 23.25M | Aug 2022 | YBIT vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.44M | Jun 2025 | YBIT vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 111.94M | Dec 2024 | YBIT vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 129.73M | Jun 2022 | YBIT vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -25.73% | 735.02K | Mar 2024 | YBIT vs BTRN |
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 YBIT
Investors most often compare YBIT with YBTC, BITO, IBIT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare YBIT with Any Fund or Stock
Compare YBIT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair YBIT with funds that move differently
YieldMax Bitcoin Option Income Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to YBIT.
Explore YBIT Diversifiers