NEOS Boosted S&P 500 High Income ETF (XSPI) 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 XSPI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XSPI
XSPI charges 0.98% annually. There are 140 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% | 29.28M | Nov 2024 | XSPI vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | XSPI vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | XSPI vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | XSPI vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 787.43M | Jul 2024 | XSPI vs QQA |
Best Risk-Adjusted Alternatives to XSPI
Among 170 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 | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | XSPI vs BUCK | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | XSPI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 246.95M | Jul 2023 | XSPI vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 91 | 1.16B | Apr 2025 | XSPI vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 938.31M | Jan 2014 | XSPI vs FTQI |
Top Performing XSPI Alternatives (YTD)
Among 246 ETFs in the Derivative Income category with YTD return data, the top-performing alternatives shown here go as high as 163.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 163.57% | 116.76M | Jul 2025 | XSPI vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 161.70% | 27.86M | Oct 2025 | XSPI vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 97.19% | 443.39M | Sep 2023 | XSPI vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 80.55% | 127.56M | Oct 2023 | XSPI vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 63.11% | 1.16B | Apr 2025 | XSPI vs CHPY |
Lowest Volatility Alternatives to XSPI
XSPI has 17.86% 1-year volatility. There are 133 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.74% | 474.96M | Oct 2022 | XSPI vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.38% | 206.17M | Apr 2026 | XSPI vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.87% | 88.48M | Feb 2025 | XSPI vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.26B | Dec 2015 | XSPI vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 4.95% | 726.94K | May 2026 | XSPI vs FIYY |
Lowest Drawdown Alternatives to XSPI
Among 170 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | XSPI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | XSPI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | XSPI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | XSPI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | XSPI vs OMAH |
Other ETFs from NEOS Investments
The 1 most viewed NEOS Investments ETFs shown here include TLTI and span 1 categories. AUM among these funds goes as high as $17M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NEOS Enhanced Income 20+ Year Treasury Bond ETF | Derivative Income | 20 | 0.00% | 17.04M | Dec 2024 | XSPI vs TLTI |
Often Compared With XSPI
Investors most often compare XSPI with SPY, XQQI, SPYI. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare XSPI with Any Fund or Stock
Compare XSPI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XSPI with funds that move differently
NEOS Boosted S&P 500 High Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XSPI.
Explore XSPI Diversifiers