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 86 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% | 29.28M | Nov 2024 | EDGE vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | EDGE vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | EDGE vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | EDGE vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 787.43M | Jul 2024 | EDGE vs QQA |
Best Risk-Adjusted Alternatives to EDGE
EDGE has a PortfoliosLab risk / return rank of 81. There are 18 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 | EDGE vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 474.96M | Oct 2022 | EDGE vs BUCK | |
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | EDGE vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 94 | 443.39M | Sep 2023 | EDGE vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 246.95M | Jul 2023 | EDGE vs GOOY |
Top Performing EDGE Alternatives (YTD)
EDGE is at 10.80% YTD. There are 68 ETFs in the Derivative Income category with higher YTD returns, going as high as 192.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 192.73% | 116.76M | Jul 2025 | EDGE vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 185.60% | 27.86M | Oct 2025 | EDGE vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 113.61% | 443.39M | Sep 2023 | EDGE vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 91.45% | 127.56M | Oct 2023 | EDGE vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 74.58% | 1.16B | Apr 2025 | EDGE vs CHPY |
Lowest Volatility Alternatives to EDGE
EDGE has 12.14% 1-year volatility. There are 73 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | EDGE vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.44% | 206.17M | Apr 2026 | EDGE vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.85% | 88.48M | Feb 2025 | EDGE vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.26B | Dec 2015 | EDGE vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.05% | 726.94K | May 2026 | EDGE vs FIYY |
Lowest Drawdown Alternatives to EDGE
EDGE has a 1-year max drawdown of -9.01%. There are 66 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% | 474.96M | Oct 2022 | EDGE vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | EDGE vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | 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, UVIX, TAIL. These 20 comparison targets span 9 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