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 85 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 | XRPM vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | XRPM vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | XRPM vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | XRPM vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 768.95M | Jul 2024 | XRPM vs QQA |
Best Risk-Adjusted Alternatives to XRPM
Among 163 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 96 | 1.16B | Apr 2025 | XRPM vs CHPY | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | XRPM vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | XRPM vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 91 | 409.32M | Sep 2023 | XRPM vs AMDY | |
| Simplify Treasury Option Income ETF | 87 | 465.86M | Oct 2022 | XRPM vs BUCK |
Top Performing XRPM Alternatives (YTD)
XRPM is at -42.52% YTD. There are 242 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 | XRPM vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | XRPM vs CWII | |
| Roundhill ARM WeeklyPay ETF | 287.65% | 17.52M | Oct 2025 | XRPM vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 175.60% | 83.00M | Jul 2025 | XRPM vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.64% | 409.32M | Sep 2023 | XRPM vs AMDY |
Lowest Volatility Alternatives to XRPM
XRPM has 65.91% 1-year volatility. There are 255 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 | XRPM vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | XRPM vs HYTI | |
| Main Buywrite ETF | 4.88% | 1.23B | Dec 2015 | XRPM vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | XRPM vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.50% | 50.16M | Aug 2021 | XRPM vs XRMI |
Lowest Drawdown Alternatives to XRPM
Among 165 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% | 465.86M | Oct 2022 | XRPM vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | XRPM vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | 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 12 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Amplify CWP Enhanced Dividend Income ETF | Derivative Income | 60 | 5.03% | 7.20B | Dec 2016 | XRPM vs DIVO | |
| Amplify CWP Growth & Income ETF | Derivative Income | 46 | 5.23% | 711.93M | Aug 2024 | XRPM vs QDVO | |
| Amplify CWP International Enhanced Dividend Income... | Derivative Income, Dividend, Foreign Large Cap Equities | 61 | 10.75% | 1.27B | Sep 2022 | XRPM vs IDVO | |
| Amplify Junior Silver Miners ETF | Silver, Precious Metals | 39 | -10.01% | 3.79B | Nov 2012 | XRPM vs SILJ | |
| Amplify Blockchain Technology ETF | Blockchain, Technology Equities | 16 | 11.81% | 1.24B | Jan 2018 | XRPM vs BLOK | |
| Amplify AI Powered Equity ETF | Large Cap Growth Equities | 43 | 7.87% | 121.26M | Oct 2017 | XRPM vs AIEQ | |
| Amplify Cybersecurity ETF | Technology Equities, Cybersecurity | 17 | 19.47% | 2.35B | Nov 2014 | XRPM vs HACK | |
| Amplify CEF High Income ETF | Diversified Portfolio | 37 | 4.74% | 703.14M | Jun 2012 | XRPM vs YYY | |
| Breakwave Tanker Shipping ETF | Commodities | 98 | 769.73% | 28.22M | May 2023 | XRPM vs BWET | |
| Amplify Lithium & Battery Technology ETF | Lithium & Battery Metals | 75 | 11.88% | 136.24M | Jun 2018 | XRPM vs BATT |
Often Compared With XRPM
Investors most often compare XRPM with TSMY, DHSB, GOOP. These 15 comparison targets span 5 categories, based on PortfoliosLab usage data.
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