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 132 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 | XSPI vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | XSPI vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | XSPI vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | XSPI vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 398.58M | Oct 2023 | XSPI vs PAPI |
Best Risk-Adjusted Alternatives to XSPI
Among 163 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | XSPI vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | XSPI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | XSPI vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | XSPI vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | XSPI vs BUCK |
Top Performing XSPI Alternatives (YTD)
Among 248 ETFs in the Derivative Income category with YTD return data, the top-performing alternatives shown here go as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | XSPI vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | XSPI vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | XSPI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | XSPI vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | XSPI vs AMDY |
Lowest Volatility Alternatives to XSPI
XSPI has 18.76% 1-year volatility. There are 127 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 | XSPI vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | XSPI vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | XSPI vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | XSPI vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | XSPI vs XRMI |
Lowest Drawdown Alternatives to XSPI
Among 163 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 | XSPI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | XSPI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | 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 $15M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NEOS Enhanced Income 20+ Year Treasury Bond ETF | Derivative Income | 18 | 1.81% | 15.47M | Dec 2024 | XSPI vs TLTI |
Often Compared With XSPI
Investors most often compare XSPI with SPY, XQQI, SPYI. These 20 comparison targets span 8 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