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 91 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 | XV vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | XV vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | XV vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | XV vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 787.43M | Jul 2024 | XV vs QQA |
Best Risk-Adjusted Alternatives to XV
XV has a PortfoliosLab risk / return rank of 48. There are 74 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | XV vs BUCK | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | XV vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 246.95M | Jul 2023 | XV vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 91 | 1.16B | Apr 2025 | XV vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 938.31M | Jan 2014 | XV vs FTQI |
Top Performing XV Alternatives (YTD)
XV is at 5.14% YTD. There are 124 ETFs in the Derivative Income category with higher YTD returns, going as high as 163.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 163.57% | 116.76M | Jul 2025 | XV vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 161.70% | 27.86M | Oct 2025 | XV vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 97.19% | 443.39M | Sep 2023 | XV vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 80.55% | 127.56M | Oct 2023 | XV vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 63.11% | 1.16B | Apr 2025 | XV vs CHPY |
Lowest Volatility Alternatives to XV
XV has 8.92% 1-year volatility. There are 27 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 | XV vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.38% | 206.17M | Apr 2026 | XV vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.87% | 88.48M | Feb 2025 | XV vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.26B | Dec 2015 | XV vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 4.95% | 726.94K | May 2026 | XV vs FIYY |
Lowest Drawdown Alternatives to XV
XV has a 1-year max drawdown of -5.73%. There are 19 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | XV vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | XV vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | 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 15 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 | 33 | 2.18% | 538.77M | May 2021 | XV vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 10 | 0.06% | 1.51B | Mar 2022 | XV vs CTA | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 74 | 5.75% | 300.35M | Nov 2021 | XV vs HEQT | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency, Derivative Income | 1 | -33.30% | 25.97M | Sep 2022 | XV vs MAXI | |
| Simplify Interest Rate Hedge ETF | Hedge Fund | 5 | -0.06% | 167.19M | May 2021 | XV vs PFIX | |
| Simplify High Yield ETF | High Yield Bonds | 7 | -2.44% | 387.11M | Feb 2022 | XV vs CDX | |
| Simplify Enhanced Income ETF | Derivative Income, Dividend | 6 | -0.61% | 71.03M | Oct 2022 | XV vs HIGH | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 52 | 0.62% | 570.38M | Feb 2022 | XV vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 45 | 0.02% | 1.53B | Nov 2023 | XV vs MTBA | |
| Simplify Gold Strategy PLUS Income ETF | Gold, Leveraged Commodities, Precious Metals | 12 | -21.49% | 37.25M | Dec 2024 | XV vs YGLD |
Often Compared With XV
Investors most often compare XV with SBAR, CAIE, QQQ. These 20 comparison targets span 7 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