Cullen Enhanced Equity Income ETF (DIVP) 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 DIVP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DIVP
DIVP charges 0.55% annually. There are 46 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% | 29.05M | Nov 2024 | DIVP vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | DIVP vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | DIVP vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | DIVP vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 781.48M | Jul 2024 | DIVP vs QQA |
Best Risk-Adjusted Alternatives to DIVP
DIVP has a PortfoliosLab risk / return rank of 67. There are 59 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | DIVP vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 489.70M | Oct 2022 | DIVP vs BUCK | |
| Global X S&P 500 Covered Call ETF | 93 | 3.24B | Jun 2013 | DIVP vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | DIVP vs PBP | |
| Global X Russell 2000 Covered Call ETF | 90 | 1.37B | Apr 2019 | DIVP vs RYLD |
Top Performing DIVP Alternatives (YTD)
DIVP is at 11.96% YTD. There are 46 ETFs in the Derivative Income category with higher YTD returns, going as high as 146.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 146.74% | 114.09M | Jul 2025 | DIVP vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 134.95% | 22.04M | Oct 2025 | DIVP vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 87.43% | 382.78M | Sep 2023 | DIVP vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 60.69% | 106.87M | Oct 2023 | DIVP vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 58.34% | 64.01M | Dec 2024 | DIVP vs SOXY |
Lowest Volatility Alternatives to DIVP
DIVP has 10.52% 1-year volatility. There are 46 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.59% | 489.70M | Oct 2022 | DIVP vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.92% | 112.06M | Aug 2022 | DIVP vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | DIVP vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | DIVP vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.30B | Dec 2015 | DIVP vs BUYW |
Lowest Drawdown Alternatives to DIVP
DIVP has a 1-year max drawdown of -6.28%. There are 28 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | DIVP vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | DIVP vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | DIVP vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | DIVP vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | DIVP vs THTA |
Often Compared With DIVP
Investors most often compare DIVP with DIVO, TBG, SCHD. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare DIVP with Any Fund or Stock
Compare DIVP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DIVP with funds that move differently
Cullen Enhanced Equity Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DIVP.
Explore DIVP Diversifiers