MRBL Enhanced Equity ETF (EDGE) 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 EDGE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EDGE
EDGE charges 0.74% annually. There are 77 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 | EDGE vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | EDGE vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | EDGE vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | EDGE vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 344.74M | Dec 2007 | EDGE vs PBP |
Best Risk-Adjusted Alternatives to EDGE
EDGE has a PortfoliosLab risk / return rank of 80. There are 17 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 | EDGE vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | EDGE vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | EDGE vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | EDGE vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | EDGE vs TSMY |
Top Performing EDGE Alternatives (YTD)
EDGE is at 9.19% YTD. There are 77 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 | EDGE vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | EDGE vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | EDGE vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | EDGE vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | EDGE vs MRNY |
Lowest Volatility Alternatives to EDGE
EDGE has 11.28% 1-year volatility. There are 66 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 | EDGE vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | EDGE vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | EDGE vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | EDGE vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | EDGE vs LQTI |
Lowest Drawdown Alternatives to EDGE
EDGE has a 1-year max drawdown of -9.01%. There are 57 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 | EDGE vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | EDGE vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | EDGE vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | EDGE vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | EDGE vs OMAH |
Often Compared With EDGE
Investors most often compare EDGE with VXX, VIXM, TAIL. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare EDGE with Any Fund or Stock
Compare EDGE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EDGE with funds that move differently
MRBL Enhanced Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EDGE.
Explore EDGE Diversifiers