As of Oct 27, 2026. Rebuilt every trading night.
The cheapest option-income ETFs
DINE leads the cheapest option-income ETFs at 0.15% (expense ratio), as of Oct 27, 2026. 15 funds ranked by net expense ratio, after any fee waivers. The cheapest fund is not the best. Returns are on the same row.
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All 15, lowest first
15 of 15 · click a column to sortPoints (pts) are percentage points.
| # | Ticker | Fund | Expense ratio ↑ | Cash paid 1Y | Total return 1Y | vs benchmark |
|---|---|---|---|---|---|---|
| 1 | DINE | Simplify Tax Aware Diversified Income Strategy ETF | 0.15% | not published | not published | not available |
| 2 | SPIN | State Street US Equity Premium Income ETF | 0.25% | 4.9% | +8.2% | −5.3 pts |
| 3 | IVVW | iShares IVV Premium Income+ ETF | 0.25% | 17.5% | +14.8% | +1.3 pts |
| 4 | TLTX | Global X Treasury Bond Enhanced Income ETF | 0.29% | 14.8% | −5.7% | not available |
| 5 | GPIQ | Goldman Sachs Nasdaq-100 Premium Income ETF | 0.29% | 10.7% | +16.1% | +0.7 pts |
| 6 | GPIX | Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 8.6% | +14.7% | +1.2 pts |
| 7 | PBP | Invesco S&P 500 BuyWrite ETF | 0.29% | 11.7% | +15.6% | +2.1 pts |
| 8 | PAPI | Parametric Equity Premium Income ETF | 0.29% | 8.0% | +17.4% | −9.1 pts |
| 9 | RECI | Columbia Research Enhanced Core Premium Income ETF | 0.30% | not published | not published | not available |
| 10 | TOPW | Roundhill Top WeeklyPay ETF | 0.32% | 29.2% | −9.7% | not available |
| 11 | PCOV | Principal Equity Premium Income ETF | 0.34% | not published | not published | not available |
| 12 | TCAL | T. Rowe Price Capital Appreciation Premium Income ETF | 0.34% | 11.2% | +6.5% | −1.0 pts |
| 13 | LQDW | iShares LQD Premium Income+ ETF | 0.34% | 11.2% | +1.3% | +4.5 pts |
| 14 | DYLG | Global X Dow 30 Covered Call & Growth ETF | 0.35% | 9.2% | +12.6% | not available |
| 15 | QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 0.35% | 16.6% | +17.3% | +1.9 pts |
Where the marker sits left of the bar's end, the fund paid out more than it made.
Fees are read from the risk and return data filed as XBRL with each fund's prospectus.
The rest of the method
The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.
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ETFIQ, The cheapest option-income ETFs, ranked by net expense ratio, after any fee waivers, data as of Oct 27, 2026. https://etfiq.com/rankings/income-cheapest
ETFIQ. (Oct 27, 2026). The cheapest option-income ETFs, ranked by net expense ratio, after any fee waivers. Retrieved from https://etfiq.com/rankings/income-cheapest
[The cheapest option-income ETFs, ranked by net expense ratio, after any fee waivers (ETFIQ, Oct 27, 2026)](https://etfiq.com/rankings/income-cheapest)
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