Ranked by prospectus expense ratio, as of . Rebuilt every trading night.
The cheapest option-income ETFs
Cheapest is not best. The return columns are on the same row for that reason.
| # | Ticker | Fund | Expense ratio | Cash paid 1Y | Total return 1Y | vs benchmark |
|---|---|---|---|---|---|---|
| 1 | SPIN | State Street(R) US Equity Premium Income ETF | 0.25% | 5.3% | +13.8% | −6.1 pts |
| 2 | IVVW | iShares S&P 500 BuyWrite ETF | 0.25% | 17.7% | +19.2% | −0.7 pts |
| 3 | PBP | Invesco S&P 500 BuyWrite ETF | 0.29% | 11.9% | +18.8% | −1.2 pts |
| 4 | PAPI | Parametric Equity Premium Income ETF | 0.29% | 7.9% | +14.6% | −5.3 pts |
| 5 | RECI | Columbia Research Enhanced Core Premium Income ETF | 0.30% | not published | not published | not available |
| 6 | TCAL | T. Rowe Price Capital Appreciation Premium Income ETF | 0.34% | 11.3% | +4.8% | −15.1 pts |
| 7 | DYLG | Global X Dow 30 Covered Call & Growth ETF | 0.35% | 9.6% | +18.3% | −0.4 pts |
| 8 | QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 0.35% | 17.9% | +24.6% | −1.0 pts |
| 9 | RYLG | Global X Russell 2000 Covered Call & Growth ETF | 0.35% | 11.2% | +23.2% | −3.2 pts |
| 10 | XYLG | Global X S&P 500 Covered Call & Growth ETF | 0.35% | 13.4% | +19.3% | −3.4 pts |
| 11 | JEPI | JPMorgan Equity Premium Income ETF | 0.35% | 8.1% | +9.2% | −10.7 pts |
| 12 | JEPQ | JPMorgan Nasdaq Equity Premium Income ETF | 0.35% | 12.2% | +20.7% | −4.9 pts |
| 13 | ROCY | JPMorgan Equity Premium Yield ETF | 0.35% | not published | not published | not available |
| 14 | XLBI | State Street(R) Materials Select Sector SPDR(R) Premium Income ETF | 0.35% | 14.5% | +13.7% | −3.2 pts |
| 15 | XLCI | State Street(R) Communication Services Select Sector SPDR(R) Premium Income ETF | 0.35% | 11.0% | +3.6% | +4.2 pts |
Method
Fees are read from the risk and return data filed as XBRL with each fund's prospectus. The ranking is the published field sorted, nothing else: no scoring, no weighting and no view on any fund. Every fund ETFIQ covers in this category is eligible, including funds that have closed, because leaving them out would flatter the category.
Where to next
A ranking is not a recommendation and no order on this site is an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources
Cite this page. ETFIQ, The cheapest option-income ETFs, ranked by prospectus expense ratio, data as of Sep 4, 2026. https://etfiq.com/rankings/income-cheapest.html Free to use with attribution; the underlying files are at Open data.