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 0.51% annually. There are 37 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 | HIGH vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | HIGH vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | HIGH vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | HIGH vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.25B | Oct 2023 | HIGH vs GPIX |
Best Risk-Adjusted Alternatives to HIGH
HIGH has a PortfoliosLab risk / return rank of 5. There are 120 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 | HIGH vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | HIGH vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | HIGH vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | HIGH vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | HIGH vs TSMY |
Top Performing HIGH Alternatives (YTD)
HIGH is at -0.38% YTD. There are 152 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 | HIGH vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | HIGH vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | HIGH vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | HIGH vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | HIGH vs MRNY |
Lowest Volatility Alternatives to HIGH
HIGH has 8.83% 1-year volatility. There are 25 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 | HIGH vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | HIGH vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | HIGH vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | HIGH vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | HIGH vs LQTI |
Lowest Drawdown Alternatives to HIGH
HIGH has a 1-year max drawdown of -9.50%. There are 61 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 | HIGH vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | HIGH vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | 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 11 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 | 18 | -0.40% | 563.43M | May 2021 | HIGH vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 24 | 12.30% | 1.55B | Mar 2022 | HIGH vs CTA | |
| Simplify Hedged Equity ETF | Options Trading | 70 | 4.95% | 323.34M | Nov 2021 | HIGH vs HEQT | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency | 1 | -33.46% | 29.47M | Sep 2022 | HIGH vs MAXI | |
| Simplify Interest Rate Hedge ETF | Hedge Fund | 4 | -2.55% | 231.13M | May 2021 | HIGH vs PFIX | |
| Simplify High Yield PLUS Credit Hedge ETF | High Yield Bonds | 5 | -2.44% | 406.85M | Feb 2022 | HIGH vs CDX | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 44 | 0.48% | 493.82M | Feb 2022 | HIGH vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 45 | -0.23% | 1.57B | Nov 2023 | HIGH vs MTBA | |
| Simplify Commodities Strategy No K-1 ETF | Commodities | 29 | 14.81% | 114.49M | Mar 2023 | HIGH vs HARD | |
| Simplify Gold Strategy PLUS Income ETF | Gold, Leveraged Commodities | 18 | -7.24% | 43.90M | Dec 2024 | HIGH vs YGLD |
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