REX NVIDIA Growth & Income ETF (NVII) 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 NVII. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NVII
NVII charges 0.99% annually. There are 159 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% | 29.05M | Nov 2024 | NVII vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | NVII vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | NVII vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | NVII vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 5.01B | Oct 2023 | NVII vs GPIX |
Best Risk-Adjusted Alternatives to NVII
NVII has a PortfoliosLab risk / return rank of 30. There are 121 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 | NVII vs THTA | |
| Global X S&P 500 Covered Call ETF | 92 | 3.24B | Jun 2013 | NVII vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | NVII vs PBP | |
| Global X Russell 2000 Covered Call ETF | 89 | 1.37B | Apr 2019 | NVII vs RYLD | |
| Blackrock Advantage Large Cap Income ETF | 89 | 1.30B | Sep 2023 | NVII vs BALI |
Top Performing NVII Alternatives (YTD)
NVII is at 17.37% YTD. There are 36 ETFs in the Derivative Income category with higher YTD returns, going as high as 176.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 176.66% | 22.04M | Oct 2025 | NVII vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 150.15% | 114.09M | Jul 2025 | NVII vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 89.19% | 382.78M | Sep 2023 | NVII vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 66.15% | 106.87M | Oct 2023 | NVII vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 64.23% | 64.01M | Dec 2024 | NVII vs SOXY |
Lowest Volatility Alternatives to NVII
NVII has 36.95% 1-year volatility. There are 236 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | NVII vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | NVII vs HYGW | |
| Janus Henderson Equity Linked Moderate Income ETF | 3.67% | — | Apr 2026 | NVII vs JELM | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.82% | 289.20M | Apr 2026 | NVII vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.28M | Feb 2025 | NVII vs HYTI |
Lowest Drawdown Alternatives to NVII
NVII has a 1-year max drawdown of -18.56%. There are 126 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% | 489.70M | Oct 2022 | NVII vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | NVII vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | NVII vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | NVII vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | NVII vs THTA |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, AIPI, NVDX and span 6 categories. AUM among these funds goes as high as $651M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| REX FANG & Innovation Equity Premium Income ETF | Derivative Income, Technology Equities | 29 | 4.35% | 651.09M | Oct 2023 | NVII vs FEPI | |
| REX AI Equity Premium Income ETF | Derivative Income | 37 | 10.93% | 399.20M | Jun 2024 | NVII vs AIPI | |
| T-REX 2X Long NVIDIA Daily Target ETF | Leveraged Equities | 16 | 15.42% | 394.66M | Oct 2023 | NVII vs NVDX | |
| REX Crypto Equity Premium Income ETF | Derivative Income, Cryptocurrency | 27 | 18.05% | 111.94M | Dec 2024 | NVII vs CEPI | |
| REX TSLA Growth & Income ETF | Leveraged Equities, Derivative Income | 10 | -32.82% | 28.01M | Jun 2025 | NVII vs TSII | |
| REX Drone ETF | Aerospace & Defense | — | 4.00% | 106.01M | Oct 2025 | NVII vs DRNZ | |
| MicroSectors Energy 3X Leveraged ETN | Leveraged Equities | 39 | 74.03% | 26.09M | Feb 2023 | NVII vs WTIU | |
| T-REX 2X Inverse MSTR Daily Target ETF | Inverse Equities, Leveraged Equities | 41 | -37.43% | 97.46M | Sep 2024 | NVII vs MSTZ | |
| T-REX 2X Long BMNR Daily Target ETF | Leveraged Equities | — | -75.84% | — | Sep 2025 | NVII vs BMNU | |
| REX WMT Growth & Income ETF | Derivative Income, Leveraged Equities | — | -2.84% | 12.79M | Nov 2025 | NVII vs WMTI |
Often Compared With NVII
Investors most often compare NVII with NVDW, NVDA, NVDY. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare NVII with Any Fund or Stock
Compare NVII with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NVII with funds that move differently
REX NVIDIA Growth & Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NVII.
Explore NVII Diversifiers