Simplify Enhanced Income ETF (HIGH) 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 HIGH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HIGH
HIGH charges 0.50% annually. There are 43 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 | HIGH vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | HIGH vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | HIGH vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | HIGH vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 414.48M | Oct 2023 | HIGH vs PAPI |
Best Risk-Adjusted Alternatives to HIGH
HIGH has a PortfoliosLab risk / return rank of 5. There are 142 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | HIGH vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 474.96M | Oct 2022 | HIGH vs BUCK | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | HIGH vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 93 | 443.39M | Sep 2023 | HIGH vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 246.95M | Jul 2023 | HIGH vs GOOY |
Top Performing HIGH Alternatives (YTD)
HIGH is at -0.37% YTD. There are 159 ETFs in the Derivative Income category with higher YTD returns, going as high as 207.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 207.86% | 27.86M | Oct 2025 | HIGH vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 184.48% | 116.76M | Jul 2025 | HIGH vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 109.12% | 443.39M | Sep 2023 | HIGH vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 89.76% | 127.56M | Oct 2023 | HIGH vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.96% | 1.16B | Apr 2025 | HIGH vs CHPY |
Lowest Volatility Alternatives to HIGH
HIGH has 7.30% 1-year volatility. There are 14 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 | HIGH vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.45% | 206.17M | Apr 2026 | HIGH vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | HIGH vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.26B | Dec 2015 | HIGH vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.08% | 726.94K | May 2026 | HIGH vs FIYY |
Lowest Drawdown Alternatives to HIGH
HIGH has a 1-year max drawdown of -7.08%. There are 37 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 | HIGH vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | HIGH vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | HIGH vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | HIGH vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | HIGH vs OMAH |
Other ETFs from Simplify
The 10 most viewed Simplify ETFs shown here include SVOL, CTA, HEQT and span 15 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | Volatility | 27 | 2.12% | 538.77M | May 2021 | HIGH vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 9 | 0.33% | 1.51B | Mar 2022 | HIGH vs CTA | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 76 | 5.68% | 300.35M | Nov 2021 | HIGH vs HEQT | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency, Derivative Income | 1 | -36.84% | 25.97M | Sep 2022 | HIGH vs MAXI | |
| Simplify Interest Rate Hedge ETF | Hedge Fund | 6 | -0.95% | 167.19M | May 2021 | HIGH vs PFIX | |
| Simplify High Yield ETF | High Yield Bonds | 6 | -2.68% | 387.11M | Feb 2022 | HIGH vs CDX | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 45 | 0.00% | 570.38M | Feb 2022 | HIGH vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 40 | -0.33% | 1.53B | Nov 2023 | HIGH vs MTBA | |
| Simplify Gold Strategy PLUS Income ETF | Gold, Leveraged Commodities, Precious Metals | 12 | -20.87% | 37.25M | Dec 2024 | HIGH vs YGLD | |
| Simplify Commodities Strategy No K-1 ETF | Commodities | 14 | 5.74% | 77.13M | Mar 2023 | HIGH vs HARD |
Often Compared With HIGH
Investors most often compare HIGH with SGOV, JEPQ, JEPI. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare HIGH with Any Fund or Stock
Compare HIGH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HIGH with funds that move differently
Simplify Enhanced Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HIGH.
Explore HIGH Diversifiers