Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) Alternatives
Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) 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 XPAY. 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 XPAY
XPAY charges 0.49% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among XPAY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | XPAY vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | XPAY vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | XPAY vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | XPAY vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | XPAY vs PBP |
Best Risk-Adjusted Alternatives to XPAY
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 | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 97 | Jul 27, 2023 | XPAY vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | XPAY vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | XPAY vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | XPAY vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | XPAY vs USOY |
Top Performing XPAY Alternatives (YTD)
XPAY alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 60.22% | May 9, 2024 | XPAY vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | XPAY vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | XPAY vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | XPAY vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | XPAY vs COSW |
Lowest Volatility Alternatives to XPAY
XPAY alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | XPAY vs QYLE | |
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | XPAY vs IPDP | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | XPAY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | XPAY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | XPAY vs QRMI |
Lowest Drawdown Alternatives to XPAY
XPAY alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | XPAY vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | XPAY vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | XPAY vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | XPAY vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | XPAY vs TCAL |
Other ETFs from Roundhill
Most popular Roundhill ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Roundhill Magnificent Seven ETF | Technology Equities | 62 | -12.16% | Apr 10, 2023 | XPAY vs MAGS | |
| Roundhill ETF Trust - Roundhill N-100 0DTE Covered... | Large Cap Blend Equities | 60 | -5.34% | Mar 6, 2024 | XPAY vs QDTE | |
| Roundhill S&P 500 0DTE Covered Call Strategy ETF | Derivative Income, S&P 500 | 48 | -3.43% | Mar 7, 2024 | XPAY vs XDTE | |
| Roundhill Bitcoin Covered Call Strategy ETF | Cryptocurrency | 7 | -18.34% | Jan 17, 2024 | XPAY vs YBTC | |
| Roundhill Generative AI & Technology ETF | Technology Equities | 95 | 4.90% | May 17, 2023 | XPAY vs CHAT | |
| Roundhill Daily 2X Long Magnificent Seven ETF | Leveraged Equities, Leveraged | 45 | -25.26% | Feb 28, 2024 | XPAY vs MAGX | |
| Roundhill WeeklyPay™ Universe ETF | Derivative Income | — | -10.65% | Sep 3, 2025 | XPAY vs WPAY | |
| PLTR WeeklyPay™ ETF | Derivative Income | 61 | -22.36% | Feb 18, 2025 | XPAY vs PLTW | |
| Roundhill Magnificent Seven Covered Call ETF | Derivative Income | — | -9.64% | Apr 23, 2025 | XPAY vs MAGY | |
| Roundhill Small Cap 0DTE Covered Call Strategy ETF | Derivative Income | 50 | 0.31% | Sep 9, 2024 | XPAY vs RDTE |
Often Compared With XPAY
What investors most often compare with XPAY, based on PortfoliosLab usage data.
Compare XPAY with Any Fund or Stock
Compare XPAY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.