Hartford Equity Premium Income ETF (HEMI) 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 HEMI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HEMI
HEMI charges 0.49% annually. There are 39 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 | HEMI vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | HEMI vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | HEMI vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | HEMI vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.77B | Oct 2023 | HEMI vs GPIX |
Best Risk-Adjusted Alternatives to HEMI
Among 170 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | HEMI vs BUCK | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | HEMI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 246.95M | Jul 2023 | HEMI vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 91 | 1.16B | Apr 2025 | HEMI vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 938.31M | Jan 2014 | HEMI vs FTQI |
Top Performing HEMI Alternatives (YTD)
HEMI is at 8.81% YTD. There are 89 ETFs in the Derivative Income category with higher YTD returns, going as high as 163.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 163.57% | 116.76M | Jul 2025 | HEMI vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 161.70% | 27.86M | Oct 2025 | HEMI vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 97.19% | 443.39M | Sep 2023 | HEMI vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 80.55% | 127.56M | Oct 2023 | HEMI vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 63.11% | 1.16B | Apr 2025 | HEMI vs CHPY |
Lowest Volatility Alternatives to HEMI
HEMI has 13.29% 1-year volatility. There are 88 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.74% | 474.96M | Oct 2022 | HEMI vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.38% | 206.17M | Apr 2026 | HEMI vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.87% | 88.48M | Feb 2025 | HEMI vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.26B | Dec 2015 | HEMI vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 4.95% | 726.94K | May 2026 | HEMI vs FIYY |
Lowest Drawdown Alternatives to HEMI
Among 170 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | HEMI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | HEMI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | HEMI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | HEMI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | HEMI vs OMAH |
Other ETFs from Hartford Funds
The 1 most viewed Hartford Funds ETFs shown here include DYNB and span 1 categories. AUM among these funds goes as high as $63M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Hartford Dynamic Bond ETF | Multisector Bonds | — | 0.44% | 62.57M | Sep 2025 | HEMI vs DYNB |
Often Compared With HEMI
Investors most often compare HEMI with DHSB, GOOP, EIPI. These 19 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare HEMI with Any Fund or Stock
Compare HEMI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HEMI with funds that move differently
Hartford Equity Premium Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HEMI.
Explore HEMI Diversifiers