TappAlpha SPY Growth & Daily Income ETF (TSPY) Alternatives

TappAlpha SPY Growth & Daily Income ETF (TSPY) 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 TSPY. 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 TSPY

TSPY charges 0.68% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among TSPY alternatives.

Symbol	Name	Expense Ratio	Inception
IVVW	iShares S&P 500 BuyWrite ETF	0.25%	Mar 14, 2024	TSPY vs IVVW
SPIN	State Street US Equity Premium Income ETF	0.25%	Sep 5, 2024	TSPY vs SPIN
FYEE	Fidelity Yield Enhanced Equity ETF	0.28%	Apr 9, 2024	TSPY vs FYEE
PAPI	Parametric Equity Premium Income ETF	0.29%	Oct 16, 2023	TSPY vs PAPI
PBP	Invesco S&P 500 BuyWrite ETF	0.29%	Dec 20, 2007	TSPY vs PBP

Best Risk-Adjusted Alternatives to TSPY

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
GOOY	YieldMax GOOGL Option Income Strategy ETF	97	Jul 27, 2023	TSPY vs GOOY
TSMY	YieldMax TSM Option Income Strategy ETF	96	Aug 20, 2024	TSPY vs TSMY
GOOP	Kurv Yield Premium Strategy Google ETF	92	Oct 30, 2023	TSPY vs GOOP
DIVO	Amplify CWP Enhanced Dividend Income ETF	80	Dec 13, 2016	TSPY vs DIVO
USOY	Defiance Oil Enhanced Options Income ETF	80	May 9, 2024	TSPY vs USOY

Top Performing TSPY Alternatives (YTD)

TSPY alternatives from the Derivative Income category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
USOY	Defiance Oil Enhanced Options Income ETF	60.22%	May 9, 2024	TSPY vs USOY
MRNY	YieldMax MRNA Option Income Strategy ETF	57.12%	Oct 23, 2023	TSPY vs MRNY
XOMO	YieldMax XOM Option Income Strategy ETF	28.99%	Aug 30, 2023	TSPY vs XOMO
CRSH	YieldMax Short TSLA Option Income Strategy ETF	20.49%	May 1, 2024	TSPY vs CRSH
COSW	Roundhill COST WeeklyPay ETF	17.20%	Oct 23, 2025	TSPY vs COSW

Lowest Volatility Alternatives to TSPY

TSPY alternatives from the Derivative Income category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
QYLE	Global X NASDAQ 100 ESG Covered Call ETF	0.00%	Feb 21, 2023	TSPY vs QYLE
IPDP	Dividend Performers ETF	0.00%	Dec 24, 2018	TSPY vs IPDP
LQTI	FT Vest Investment Grade & Target Income ETF	6.23%	Feb 11, 2025	TSPY vs LQTI
XRMI	Global X S&P 500 Risk Managed Income ETF	6.88%	Aug 25, 2021	TSPY vs XRMI
QRMI	Global X NASDAQ 100 Risk Managed Income ETF	7.74%	Aug 25, 2021	TSPY vs QRMI

Lowest Drawdown Alternatives to TSPY

TSPY alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
LQTI	FT Vest Investment Grade & Target Income ETF	-3.41%	Feb 11, 2025	TSPY vs LQTI
XRMI	Global X S&P 500 Risk Managed Income ETF	-5.02%	Aug 25, 2021	TSPY vs XRMI
QRMI	Global X NASDAQ 100 Risk Managed Income ETF	-5.04%	Aug 25, 2021	TSPY vs QRMI
KHPI	Kensington Hedged Premium Income ETF	-6.55%	Sep 4, 2024	TSPY vs KHPI
TCAL	T. Rowe Price Capital Appreciation Premium Income ...	-7.24%	Mar 26, 2025	TSPY vs TCAL

Other ETFs from TappAlpha

Most popular TappAlpha ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
TDAQ	TappAlpha Innovation 100 Growth & Daily Income ETF	Derivative Income	—	-5.75%	Sep 4, 2025	TSPY vs TDAQ
TSYX	TSPY Lift ETF	Leveraged Equities, Leveraged	—	—	Jan 6, 2026	TSPY vs TSYX

Often Compared With TSPY

What investors most often compare with TSPY, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	69	-3.13%	Aug 29, 2022	TSPY vs SPYI
SPMO	Invesco S&P 500 Momentum ETF	S&P 500	66	-5.78%	Oct 9, 2015	TSPY vs SPMO
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	TSPY vs SPY
XDTE	Roundhill S&P 500 0DTE Covered Call Strategy ETF	Derivative Income, S&P 500	48	-3.43%	Mar 7, 2024	TSPY vs XDTE
QDVO	Amplify CWP Growth & Income ETF	Derivative Income	74	-5.75%	Aug 22, 2024	TSPY vs QDVO
GPIX	Goldman Sachs S&P 500 Core Premium Income ETF	Dividend, S&P 500	68	-3.19%	Oct 24, 2023	TSPY vs GPIX
ISPY	ProShares S&P 500 High Income ETF	Derivative Income, S&P 500	49	-4.08%	Dec 18, 2023	TSPY vs ISPY
VFLO	Victoryshares Free Cash Flow ETF	Large Cap Value Equities	56	0.38%	Jun 21, 2023	TSPY vs VFLO
NANC	Subversive Unusual Whales Democratic ETF	Large Cap Growth Equities	60	-7.53%	Feb 7, 2023	TSPY vs NANC
YSPY	GraniteShares YieldBOOST SPY ETF	Leveraged Equities, Derivative Income	37	-7.13%	Feb 25, 2025	TSPY vs YSPY
SDTY	YieldMax S&P 500 0DTE Covered Call Strategy ETF	Derivative Income, S&P 500	46	-4.13%	Feb 5, 2025	TSPY vs SDTY
QQQI	NEOS Nasdaq-100 High Income ETF	Derivative Income	72	-4.41%	Jan 29, 2024	TSPY vs QQQI
QUSA	VistaShares Target 15™ USA Quality Income ETF	Derivative Income	—	-1.50%	May 5, 2025	TSPY vs QUSA
ULTY	YieldMax Ultra Option Income Strategy ETF	Derivative Income	25	-3.71%	Feb 28, 2024	TSPY vs ULTY
RDTY	YieldMax™ R2000 0DTE Covered Call Strategy ETF	Derivative Income	35	0.56%	Mar 5, 2025	TSPY vs RDTY
JEPI	JPMorgan Equity Premium Income ETF	Actively Managed, Dividend, Derivative Income	39	0.20%	May 20, 2020	TSPY vs JEPI
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	TSPY vs VOO
MLPI	Neos MLP & Energy Infrastructure High Income ETF	Energy Equities	—	17.27%	Dec 17, 2025	TSPY vs MLPI
NIHI	NEOS MSCI EAFE High Income ETF	Derivative Income	—	-1.22%	Sep 16, 2025	TSPY vs NIHI
TDAX	TDAQ Lift ETF	Leveraged Equities	—	—	Jan 7, 2026	TSPY vs TDAX

Compare TSPY with Any Fund or Stock

Compare TSPY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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TappAlpha SPY Growth & Daily Income ETF

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