Simplify Target 15 Distribution ETF (XV) 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 XV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XV
XV 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 | XV vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | XV vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | XV vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | XV vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 344.74M | Dec 2007 | XV vs PBP |
Best Risk-Adjusted Alternatives to XV
XV has a PortfoliosLab risk / return rank of 44. There are 75 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | XV vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | XV vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | XV vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | XV vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | XV vs TSMY |
Top Performing XV Alternatives (YTD)
XV is at 3.17% YTD. There are 131 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | XV vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | XV vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | XV vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | XV vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | XV vs MRNY |
Lowest Volatility Alternatives to XV
XV has 9.31% 1-year volatility. There are 32 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 | XV vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | XV vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | XV vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | XV vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | XV vs LQTI |
Lowest Drawdown Alternatives to XV
XV has a 1-year max drawdown of -5.73%. There are 18 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 438.06M | Oct 2022 | XV vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | XV vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | XV vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | XV vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | XV vs OMAH |
Other ETFs from Simplify
The 10 most viewed Simplify ETFs shown here include SVOL, CTA, HEQT and span 11 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | Volatility | 18 | -0.40% | 563.43M | May 2021 | XV vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 24 | 12.30% | 1.55B | Mar 2022 | XV vs CTA | |
| Simplify Hedged Equity ETF | Options Trading | 70 | 4.95% | 323.34M | Nov 2021 | XV vs HEQT | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency | 1 | -33.46% | 29.47M | Sep 2022 | XV vs MAXI | |
| Simplify Interest Rate Hedge ETF | Hedge Fund | 4 | -2.55% | 231.13M | May 2021 | XV vs PFIX | |
| Simplify High Yield PLUS Credit Hedge ETF | High Yield Bonds | 5 | -2.44% | 406.85M | Feb 2022 | XV vs CDX | |
| Simplify Enhanced Income ETF | Derivative Income, Dividend | 5 | -0.38% | 75.42M | Oct 2022 | XV vs HIGH | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 44 | 0.48% | 493.82M | Feb 2022 | XV vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 45 | -0.23% | 1.57B | Nov 2023 | XV vs MTBA | |
| Simplify Commodities Strategy No K-1 ETF | Commodities | 29 | 14.81% | 114.49M | Mar 2023 | XV vs HARD |
Often Compared With XV
Investors most often compare XV with SBAR, CAIE, QQQ. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare XV with Any Fund or Stock
Compare XV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XV with funds that move differently
Simplify Target 15 Distribution ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XV.
Explore XV Diversifiers