Bitwise COIN Option Income Strategy ETF (ICOI) Alternatives
Bitwise COIN Option Income Strategy ETF (ICOI) 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 ICOI. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to ICOI
ICOI charges 0.98% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among ICOI alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | ICOI vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | ICOI vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | ICOI vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | ICOI vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | ICOI vs PBP |
Best Risk-Adjusted Alternatives to ICOI
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 97 | Jul 27, 2023 | ICOI vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | ICOI vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | ICOI vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | ICOI vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | ICOI vs USOY |
Top Performing ICOI Alternatives (YTD)
ICOI alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 60.22% | May 9, 2024 | ICOI vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | ICOI vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | ICOI vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | ICOI vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | ICOI vs COSW |
Lowest Volatility Alternatives to ICOI
ICOI alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | ICOI vs QYLE | |
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | ICOI vs IPDP | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | ICOI vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | ICOI vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | ICOI vs QRMI |
Lowest Drawdown Alternatives to ICOI
ICOI alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | ICOI vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | ICOI vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | ICOI vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | ICOI vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | ICOI vs TCAL |
Other ETFs from Bitwise
Most popular Bitwise ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Bitwise Bitcoin Strategy Optimum Roll ETF | Cryptocurrency | 6 | -0.11% | Mar 20, 2023 | ICOI vs BITC | |
| Bitwise Ethereum Strategy ETF | Cryptocurrency | 35 | -5.53% | Sep 29, 2023 | ICOI vs AETH | |
| Bitwise Funds Trust | Derivative Income | — | -6.63% | Apr 1, 2025 | ICOI vs IMST | |
| Bitwise Ethereum ETF | Cryptocurrency | 21 | -29.48% | Jul 22, 2024 | ICOI vs ETHW | |
| Bitwise Bitcoin And Ether Equal Weight Strategy ET... | Cryptocurrency | 23 | -1.53% | Sep 29, 2023 | ICOI vs BTOP | |
| Bitwise Bitcoin Standard Corporations ETF | Blockchain | 6 | -23.72% | Mar 10, 2025 | ICOI vs OWNB | |
| Bitwise Web3 ETF | Technology Equities | 41 | -10.27% | Oct 4, 2022 | ICOI vs BWEB | |
| Bitwise XRP ETF | Cryptocurrency | — | -26.75% | Nov 19, 2025 | ICOI vs XRP | |
| Bitwise Ethereum Option Income Strategy ETF | Derivative Income | — | -26.81% | Oct 1, 2025 | ICOI vs IETH | |
| Bitwise MARA Option Income Strategy ETF | Derivative Income | — | -6.91% | Apr 1, 2025 | ICOI vs IMRA |
Often Compared With ICOI
What investors most often compare with ICOI, based on PortfoliosLab usage data.
Compare ICOI with Any Fund or Stock
Compare ICOI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.