State Street US Equity Premium Income ETF (SPIN) 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 SPIN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPIN
SPIN charges 0.25% annually. There is 1 ETF in the Derivative Income category with a lower expense ratio, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 27.32M | Nov 2024 | SPIN vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | SPIN vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | SPIN vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 347.16M | Dec 2007 | SPIN vs PBP | |
| Invesco QQQ Income Advantage ETF | 0.29% | 768.95M | Jul 2024 | SPIN vs QQA |
Best Risk-Adjusted Alternatives to SPIN
SPIN has a PortfoliosLab risk / return rank of 39. There are 82 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | SPIN vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | SPIN vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | SPIN vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | SPIN vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | SPIN vs BUCK |
Top Performing SPIN Alternatives (YTD)
SPIN is at 0.41% YTD. There are 152 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | SPIN vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | SPIN vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | SPIN vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | SPIN vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | SPIN vs AMDY |
Lowest Volatility Alternatives to SPIN
SPIN has 11.16% 1-year volatility. There are 61 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | SPIN vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | SPIN vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | SPIN vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | SPIN vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | SPIN vs XRMI |
Lowest Drawdown Alternatives to SPIN
SPIN has a 1-year max drawdown of -9.81%. There are 70 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% | 465.86M | Oct 2022 | SPIN vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | SPIN vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | SPIN vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | SPIN vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | SPIN vs OMAH |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $765B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 59 | 8.15% | 765.27B | Jan 1993 | SPIN vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 22 | -4.79% | 138.96B | Nov 2004 | SPIN vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 66 | 28.25% | 130.33B | Dec 1998 | SPIN vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 45 | 8.70% | 52.13B | Sep 2000 | SPIN vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 47 | 12.56% | 7.30B | Oct 2015 | SPIN vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 42 | 23.49% | 36.84B | Dec 1998 | SPIN vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 22 | -4.72% | 28.75B | Jun 2018 | SPIN vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 59 | 8.21% | 148.87B | Nov 2005 | SPIN vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 27 | 6.99% | 22.62B | Dec 1998 | SPIN vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.67% | 46.54B | May 2007 | SPIN vs BIL |
Often Compared With SPIN
Investors most often compare SPIN with XQQI, JEPQ, SQY. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare SPIN with Any Fund or Stock
Compare SPIN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPIN with funds that move differently
State Street US Equity Premium Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPIN.
Explore SPIN Diversifiers