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 41 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 | DIVP vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | DIVP vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | DIVP vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | DIVP vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.25B | Oct 2023 | DIVP vs GPIX |
Best Risk-Adjusted Alternatives to DIVP
DIVP has a PortfoliosLab risk / return rank of 39. There are 83 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 | DIVP vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | DIVP vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | DIVP vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | DIVP vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | DIVP vs TSMY |
Top Performing DIVP Alternatives (YTD)
DIVP is at 7.90% YTD. There are 88 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | DIVP vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | DIVP vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | DIVP vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | DIVP vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | DIVP vs MRNY |
Lowest Volatility Alternatives to DIVP
DIVP has 10.13% 1-year volatility. There are 47 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 | DIVP vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | DIVP vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | DIVP vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | DIVP vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | DIVP vs LQTI |
Lowest Drawdown Alternatives to DIVP
DIVP has a 1-year max drawdown of -6.28%. There are 23 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 | DIVP vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | DIVP vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | DIVP vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | DIVP vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | DIVP vs OMAH |
Often Compared With DIVP
Investors most often compare DIVP with DIVO, TBG, SPY. These 20 comparison targets span 9 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