# The cheapest option-income ETFs

> DINE leads the cheapest option-income ETFs at 0.15% (expense ratio), as of Oct 27, 2026. 15 funds from ETFIQ’s own published data.

Data as of Oct 27, 2026. Rebuilt every trading night.

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.

| # | 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 |

### Method

Fees are read from the risk and return data filed as XBRL with each fund's prospectus. 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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### Sources

Links are sources, not endorsements.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: 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
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/rankings/income-cheapest