Amplify XRP 3% Monthly Option Income ETF (XRPM) 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 XRPM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XRPM
XRPM charges 0.75% annually. There are 81 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% | 27.28M | Nov 2024 | XRPM vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | XRPM vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | XRPM vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | XRPM vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 344.74M | Dec 2007 | XRPM vs PBP |
Best Risk-Adjusted Alternatives to XRPM
Among 142 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | XRPM vs CHPY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 298.09M | Jul 2023 | XRPM vs GOOY | |
| SoFi Enhanced Yield ETF | 93 | 34.73M | Nov 2023 | XRPM vs THTA | |
| Global X NASDAQ 100 Covered Call ETF | 89 | 8.41B | Dec 2013 | XRPM vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 89 | 117.86M | Aug 2024 | XRPM vs TSMY |
Top Performing XRPM Alternatives (YTD)
XRPM is at -37.18% YTD. There are 232 ETFs in the Derivative Income category with higher YTD returns, going as high as 336.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 336.58% | 14.71M | Oct 2025 | XRPM vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 181.57% | 90.88M | Jul 2025 | XRPM vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 82.97% | 1.02B | Apr 2025 | XRPM vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 59.27% | 62.15M | May 2024 | XRPM vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 55.67% | 82.87M | Oct 2023 | XRPM vs MRNY |
Lowest Volatility Alternatives to XRPM
XRPM has 65.44% 1-year volatility. There are 242 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | XRPM vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | XRPM vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.82% | 90.68M | Feb 2025 | XRPM vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | XRPM vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.12% | 287.53M | Feb 2025 | XRPM vs LQTI |
Lowest Drawdown Alternatives to XRPM
Among 146 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 438.06M | Oct 2022 | XRPM vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | XRPM vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | XRPM vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | XRPM vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | XRPM vs OMAH |
Other ETFs from Amplify
The 10 most viewed Amplify ETFs shown here include DIVO, QDVO, IDVO and span 10 categories. AUM among these funds goes as high as $7B.
Often Compared With XRPM
Investors most often compare XRPM with GPIX, PAPI, EIPI. These 10 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Goldman Sachs S&P 500 Premium Income ETF | Derivative Income, S&P 500 | 79 | 10.24% | 4.25B | Oct 2023 | XRPM vs GPIX | |
| Parametric Equity Premium Income ETF | Derivative Income | 38 | 6.49% | 388.80M | Oct 2023 | XRPM vs PAPI | |
| FT Energy Income Partners Enhanced Income ETF | Derivative Income | 83 | 15.54% | 1.05B | Sep 2011 | XRPM vs EIPI | |
| Global X Treasury Bond Enhanced Income ETF | Government Bonds, Derivative Income | — | 0.25% | — | Jul 2025 | XRPM vs TLTX | |
| Day Hagan Smart Buffer ETF | Derivative Income | 66 | 4.66% | 39.66M | Feb 2025 | XRPM vs DHSB | |
| Kurv Yield Premium Strategy Google ETF | Derivative Income | 88 | 17.17% | 22.71M | Oct 2023 | XRPM vs GOOP | |
| Invesco QQQ Income Advantage ETF | Derivative Income | 77 | 14.23% | 749.48M | Jul 2024 | XRPM vs QQA | |
| REX IncomeMax Option Strategy ETF | Derivative Income | — | 43.51% | 40.50M | Oct 2025 | XRPM vs ULTI | |
| Innovator Index Autocallable Income Strategy ETF | Derivative Income | — | — | — | Sep 2025 | XRPM vs ACII | |
| REX CRWV Growth & Income ETF | Derivative Income | — | 35.03% | 2.95M | Nov 2025 | XRPM vs CWII |
Compare XRPM with Any Fund or Stock
Compare XRPM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XRPM with funds that move differently
Amplify XRP 3% Monthly Option Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XRPM.
Explore XRPM Diversifiers