WisdomTree Equity Premium Income Fund (WTPI) 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 WTPI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WTPI
WTPI charges 0.44% annually. There are 33 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% | 27.32M | Nov 2024 | WTPI vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | WTPI vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | WTPI vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | WTPI vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 398.58M | Oct 2023 | WTPI vs PAPI |
Best Risk-Adjusted Alternatives to WTPI
WTPI has a PortfoliosLab risk / return rank of 55. There are 55 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 | WTPI vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | WTPI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | WTPI vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | WTPI vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | WTPI vs BUCK |
Top Performing WTPI Alternatives (YTD)
WTPI is at 3.16% YTD. There are 130 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 | WTPI vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | WTPI vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | WTPI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | WTPI vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | WTPI vs AMDY |
Lowest Volatility Alternatives to WTPI
WTPI has 9.33% 1-year volatility. There are 31 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 | WTPI vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | WTPI vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | WTPI vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | WTPI vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | WTPI vs XRMI |
Lowest Drawdown Alternatives to WTPI
WTPI has a 1-year max drawdown of -7.15%. There are 37 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 | WTPI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | WTPI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | WTPI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | WTPI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | WTPI vs OMAH |
Other ETFs from WisdomTree
The 10 most viewed WisdomTree ETFs shown here include USFR, DGRW, GDE and span 13 categories. AUM among these funds goes as high as $17B.
Often Compared With WTPI
Investors most often compare WTPI with JEPI, SPYI, PUTW. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare WTPI with Any Fund or Stock
Compare WTPI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WTPI with funds that move differently
WisdomTree Equity Premium Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WTPI.
Explore WTPI Diversifiers