IncomeShares S&P500 Options (0DTE) ETP GBP (SPYO.L) 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 SPYO.L. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPYO.L
SPYO.L charges 0.45% annually. There are 11 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPM Nasdaq Equity Premium Income Active UCITS ETF ... | 0.35% | — | Oct 2024 | SPYO.L vs JEQP.L | |
| JPMorgan Europe Equity Premium Income Active UCITS... | 0.35% | — | Feb 2026 | SPYO.L vs JEPE.L | |
| JPM Global Equity Premium Income Active UCITS ETF ... | 0.35% | 1.52B | Nov 2023 | SPYO.L vs JEPG.L | |
| iShares World Equity High Income Active UCITS ETF ... | 0.35% | — | Mar 2024 | SPYO.L vs WINC.L | |
| JPMorgan US Equity Premium Income Active UCITS ETF... | 0.35% | — | Oct 2024 | SPYO.L vs JEPI.L |
Best Risk-Adjusted Alternatives to SPYO.L
SPYO.L has a PortfoliosLab risk / return rank of 19. There are 18 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares World Equity High Income Active UCITS ETF ... | 85 | — | Mar 2024 | SPYO.L vs WINC.L | |
| IncomeShares Alphabet (GOOG) Options ETP | 85 | — | Sep 2024 | SPYO.L vs GOOI.L | |
| Global X Nasdaq 100 Covered Call UCITS ETF USD (Di... | 76 | — | Nov 2022 | SPYO.L vs QYLD.L | |
| JPM Nasdaq Equity Premium Income Active UCITS ETF ... | 70 | — | Oct 2024 | SPYO.L vs JEQP.L | |
| Global X Nasdaq 100 Covered Call UCITS ETF USD (Ac... | 61 | — | Nov 2022 | SPYO.L vs QYLU.L |
Top Performing SPYO.L Alternatives (YTD)
SPYO.L is at -3.87% YTD. There are 24 ETFs in the Derivative Income category with higher YTD returns, going as high as 90.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| IncomeShares AMD Options ETP | 90.23% | — | Jun 2025 | SPYO.L vs AMDI.L | |
| REX Crypto Equity Income & Growth UCITS ETF Distri... | 18.73% | — | Jun 2025 | SPYO.L vs CEGI.L | |
| IncomeShares Alphabet (GOOG) Options ETP GBP | 10.60% | — | Sep 2024 | SPYO.L vs GOOO.L | |
| IncomeShares Alphabet (GOOG) Options ETP | 10.43% | — | Sep 2024 | SPYO.L vs GOOI.L | |
| iShares World Equity High Income Active UCITS ETF ... | 9.72% | — | Mar 2024 | SPYO.L vs WINC.L |
Lowest Volatility Alternatives to SPYO.L
SPYO.L has 43.20% 1-year volatility. There are 23 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 8.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan Global Equity Premium Income Active UCITS... | 8.02% | — | Nov 2023 | SPYO.L vs JEGA.L | |
| JPM US Equity Premium Income Active UCITS ETF USD ... | 8.24% | 399.83M | Oct 2024 | SPYO.L vs JEIP.L | |
| JPMorgan US Equity Premium Income Active UCITS ETF... | 8.41% | — | Oct 2024 | SPYO.L vs JEPI.L | |
| JPM Global Equity Premium Income Active UCITS ETF ... | 9.17% | 1.52B | Nov 2023 | SPYO.L vs JEPG.L | |
| Global X Nasdaq 100 Covered Call UCITS ETF USD (Di... | 9.99% | — | Nov 2022 | SPYO.L vs QYLD.L |
Lowest Drawdown Alternatives to SPYO.L
SPYO.L has a 1-year max drawdown of -33.74%. There are 23 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -4.68%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Nasdaq 100 Covered Call UCITS ETF USD (Di... | -4.68% | — | Nov 2022 | SPYO.L vs QYLD.L | |
| Global X Nasdaq 100 Covered Call UCITS ETF USD (Ac... | -4.97% | — | Nov 2022 | SPYO.L vs QYLU.L | |
| iShares World Equity High Income Active UCITS ETF ... | -5.36% | — | Mar 2024 | SPYO.L vs WINC.L | |
| JPM Nasdaq Equity Premium Income Active UCITS ETF ... | -5.64% | — | Oct 2024 | SPYO.L vs JEQP.L | |
| JPM US Equity Premium Income Active UCITS ETF USD ... | -6.18% | 399.83M | Oct 2024 | SPYO.L vs JEIP.L |
Other ETFs from Leverage Shares
The 10 most viewed Leverage Shares ETFs shown here include MAG7.L, SOXL.L, SMH3.L and span 5 categories. AUM among these funds goes as high as $17M.
Often Compared With SPYO.L
Investors most often compare SPYO.L with TSLD.L, AMZD.L, SPX5.L. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare SPYO.L with Any Fund or Stock
Compare SPYO.L with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPYO.L with funds that move differently
IncomeShares S&P500 Options (0DTE) ETP GBP alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPYO.L.
Explore SPYO.L Diversifiers