Index covered call ETFs in the income overlay
ETFs that sell call options on a stock index for income. Driven by index volatility, which sets how much the options pay.
168ETFs in this category
$200.3bnmoney in them
17.0%of the income overlay’s money
JEPIlargest unleveraged ETF, 23.2%
How they did, to Nov 2, 2026
| 1 month | YTD | 12 months | |
|---|---|---|---|
| Category median | −2.5% | +7.7% | +8.6% |
| Its story | +3.5% | +12.2% | +14.1% |
| Broad US ETFs | −2.5% | +11.5% | +11.8% |
Every ETF here, largest first
| # | ETF | Name | Assets | Share | 12 months | Fee |
|---|---|---|---|---|---|---|
| 1 | JEPI | JPMorgan Equity Premium Income ETF | $46.5bn | 23.2% | +9.3% | 0.35% |
| 2 | JEPQ | JPMorgan Nasdaq Equity Premium Income ETF | $43.8bn | 21.9% | +6.9% | 0.35% |
| 3 | QQQI | NEOS Nasdaq-100 High Income ETF | $15.3bn | 7.6% | +5.8% | 0.68% |
| 4 | SPYI | NEOS S&P 500 High Income ETF | $12.7bn | 6.3% | +11.4% | 0.68% |
| 5 | QYLD | Global X Nasdaq 100 Covered Call ETF | $8.4bn | 4.2% | +14.3% | 0.60% |
| 6 | DIVO | Amplify CWP Enhanced Dividend Income ETF | $8.1bn | 4.0% | +12.6% | 0.56% |
| 7 | GPIQ | Goldman Sachs Nasdaq-100 Premium Income ETF | $6.6bn | 3.3% | +9.0% | 0.29% |
| 8 | GPIX | Goldman Sachs S&P 500 Premium Income ETF | $6.5bn | 3.2% | +11.8% | 0.29% |
| 9 | RDVI | FT Vest Rising Dividend Achievers Target Income ETF | $3.9bn | 1.9% | +19.7% | 0.75% |
| 10 | KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | $3.4bn | 1.7% | +18.1% | 0.74% |
| 11 | XYLD | Global X S&P 500 Covered Call ETF | $3.4bn | 1.7% | +14.0% | 0.60% |
| 12 | FTHI | First Trust BuyWrite Income ETF | $2.6bn | 1.3% | +6.5% | 0.75% |
| 13 | TLTW | iShares 20+ Year Treasury Bond Buywrite Strategy ETF | $1.6bn | 0.8% | −1.1% | 0.35% |
| 14 | BALI | iShares U.S. Large Cap Premium Income Active ETF | $1.6bn | 0.8% | +14.5% | 0.35% |
| 15 | BUYW | Main Buywrite ETF | $1.5bn | 0.7% | +8.6% | 0.99% |
| 16 | BTCI | NEOS Bitcoin High Income ETF | $1.4bn | 0.7% | −29.4% | – |
| 17 | IDVO | Amplify CWP International Enhanced Dividend Income ETF | $1.4bn | 0.7% | +11.0% | 0.65% |
| 18 | CHPY | YieldMax Semiconductor Portfolio Option Income Strategy ETF | $1.3bn | 0.7% | +40.4% | 1.03% |
| 19 | IWMI | NEOS Russell 2000 High Income ETF | $1.3bn | 0.7% | +14.9% | 0.68% |
| 20 | RYLD | Global X Russell 2000 Covered Call ETF | $1.3bn | 0.7% | +11.9% | 0.60% |
| 21 | RSPA | Invesco S P 500 Equal Weight Income Advantage ETF | $1.2bn | 0.6% | +15.7% | 0.29% |
| 22 | ISPY | ProShares S&P 500 High Income ETF | $1.2bn | 0.6% | +7.4% | 0.55% |
| 23 | EIPI | FT Energy Income Partners Enhanced Income ETF | $1.1bn | 0.6% | +24.6% | 1.11% |
| 24 | FTQI | First Trust Nasdaq BuyWrite Income ETF | $1.0bn | 0.5% | +14.5% | 0.75% |
| 25 | MLPI | NEOS MLP & Energy Infrastructure High Income ETF | $962m | 0.5% | – | 0.68% |
| 26 | QQA | Invesco QQQ Income Advantage ETF | $922m | 0.5% | +8.4% | 0.29% |
| 27 | SDVD | FT Vest SMID Rising Dividend Achievers Target Income ETF | $900m | 0.4% | +17.3% | 0.85% |
| 28 | ROCY | JPMorgan Equity Premium Yield ETF | $891m | 0.4% | – | 0.35% |
| 29 | ROCQ | JPMorgan Nasdaq Equity Premium Yield ETF | $798m | 0.4% | – | 0.35% |
| 30 | QDVO | Amplify CWP Growth Income ETF | $768m | 0.4% | +5.5% | 0.56% |
| 31 | FEPI | REX FANG & Innovation Equity Premium Income ETF | $717m | 0.4% | −0.8% | 0.65% |
| 32 | TDVI | FT Vest Technology Dividend Target Income ETF | $679m | 0.3% | +13.7% | 0.75% |
| 33 | EFAA | Invesco MSCI EAFE Income Advantage ETF | $677m | 0.3% | +12.1% | 0.39% |
| 34 | IAUI | NEOS Gold High Income ETF | $646m | 0.3% | −3.8% | 0.79% |
| 35 | ULTY | YieldMax Ultra Option Income Strategy ETF | $614m | 0.3% | −16.4% | 1.30% |
| 36 | TNGY | Tortoise Energy Fund | $591m | 0.3% | +33.5% | 0.85% |
| 37 | IGLD | FT Vest Gold Strategy Target Income ETF | $574m | 0.3% | −4.8% | 0.85% |
| 38 | PAPI | Parametric Equity Premium Income ETF | $546m | 0.3% | +21.8% | 0.29% |
| 39 | BUCK | Simplify Treasury Option Income ETF | $517m | 0.3% | +3.4% | 0.35% |
| 40 | TDAQ | TappAlpha Innovation 100 Growth Daily Income ETF | $489m | 0.2% | +8.8% | 0.68% |
| 41 | AIPI | REX AI Equity Premium Income ETF | $478m | 0.2% | +3.7% | 0.65% |
| 42 | PBP | Invesco S P 500 BuyWrite ETF | $394m | 0.2% | +15.0% | 0.29% |
| 43 | IQQQ | ProShares Nasdaq-100 High Income ETF | $393m | 0.2% | +3.1% | 0.55% |
| 44 | SLVO | UBS ETRACS Silver Shares Covered Call ETN | $358m | 0.2% | +1.4% | 0.65% |
| 45 | IVVW | iShares S&P 500 BuyWrite ETF | $353m | 0.2% | +11.8% | 0.25% |
| 46 | YMAX | YieldMax Universe Fund of Option Income ETFs | $349m | 0.2% | −9.4% | 1.33% |
| 47 | DIVN | Horizon Dividend Income ETF | $349m | 0.2% | +30.4% | 0.70% |
| 48 | FYEE | Fidelity Yield Enhanced Equity ETF | $326m | 0.2% | +12.7% | 0.28% |
| 49 | TCAL | T. Rowe Price Capital Appreciation Premium Income ETF | $324m | 0.2% | +9.9% | 0.34% |
| 50 | USOI | UBS ETRACS Crude Oil Shares Covered Call ETN | $318m | 0.2% | +48.1% | 0.85% |
| 51 | GQI | Natixis Gateway Quality Income ETF | $311m | 0.2% | +14.6% | 0.34% |
| 52 | MDST | Westwood Salient Enhanced Midstream Income ETF | $305m | 0.2% | +24.6% | 0.80% |
| 53 | IYRI | NEOS Real Estate High Income ETF | $303m | 0.2% | +6.5% | 0.68% |
| 54 | YMAG | YieldMax Magnificent 7 Fund of Funds Option Income ETF | $275m | 0.1% | +1.5% | 1.34% |
| 55 | GDXY | YieldMax Gold Miners Portfolio Option Income Strategy ETF | $269m | 0.1% | −2.6% | 1.00% |
| 56 | SPUC | Simplify US Equity Income ETF | $261m | 0.1% | +7.2% | 0.53% |
| 57 | BLOX | Nicholas Crypto Income ETF | $255m | 0.1% | −42.0% | 0.99% |
| 58 | TCAI | Tortoise AI Infrastructure ETF | $225m | 0.1% | +12.5% | 0.65% |
| 59 | NIHI | NEOS MSCI EAFE High Income ETF | $216m | 0.1% | +7.9% | 0.68% |
| 60 | DJIA | Global X Dow 30 Covered Call ETF | $215m | 0.1% | +12.7% | 0.60% |
| 61 | XLEI | State Street Energy Select Sector SPDR Premium Income ETF | $207m | 0.1% | +42.3% | 0.35% |
| 62 | CTIF | Castellan Targeted Income ETF | $199m | 0.1% | +9.4% | 0.45% |
| 63 | SEPI | Shelton Equity Premium Income ETF | $198m | 0.1% | +14.0% | 0.54% |
| 64 | QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | $191m | 0.1% | +11.5% | 0.35% |
| 65 | XPAY | Roundhill S&P 500 Target 20 Managed Distribution ETF | $188m | 0.1% | +10.5% | 0.49% |
| 66 | QQQY | Defiance Nasdaq 100 Weekly Distribution ETF | $185m | 0.1% | +9.9% | 1.01% |
| 67 | ITWO | ProShares Russell 2000 High Income ETF | $182m | 0.1% | +16.4% | 0.55% |
| 68 | YLDE | Franklin ClearBridge Enhanced Income ETF | $181m | 0.1% | +16.1% | 0.48% |
| 69 | GLDI | UBS ETRACS Gold Shares Covered Call ETN | $176m | 0.1% | +0.4% | 0.65% |
| 70 | SPYT | Defiance S&P 500 Target Income ETF | $172m | 0.1% | +8.5% | 0.92% |
| 71 | SWP | SWP Growth Income ETF | $148m | 0.1% | +6.6% | 0.99% |
| 72 | YBTC | Bitcoin Covered Call Strategy ETF | $137m | 0.1% | −32.2% | 0.95% |
| 73 | GPTY | YieldMax AI & Tech Portfolio Option Income Strategy ETF | $132m | 0.1% | +4.7% | 1.06% |
| 74 | CEPI | REX Crypto Equity Premium Income ETF | $119m | 0.1% | −4.0% | 0.85% |
| 75 | JOYT | JPMorgan Equity And Options Total Return ETF | $119m | 0.1% | +12.5% | 0.35% |
| 76 | WEEI | Westwood Salient Enhanced Energy Income ETF | $118m | 0.1% | +37.7% | 0.85% |
| 77 | NEHI | NEOS Ethereum High Income ETF | $112m | 0.1% | – | 0.98% |
| 78 | HYGW | iShares High Yield Corporate Bond Buywrite Strategy ETF | $110m | 0.1% | +3.4% | 0.69% |
| 79 | GIAX | Nicholas Global Equity and Income ETF | $109m | 0.1% | +2.5% | 1.03% |
| 80 | XV | Simplify Target 15 Distribution ETF | $106m | 0.1% | +7.1% | 0.75% |
| 81 | BITA | iShares Bitcoin Premium Income ETF | $101m | 0.1% | – | 0.65% |
| 82 | DOGG | FT Vest DJIA Dogs 10 Target Income ETF | $99m | 0.0% | +23.1% | 0.75% |
| 83 | VEGA | AdvisorShares STAR Global Buy-Write ETF | $94m | 0.0% | +6.6% | 1.25% |
| 84 | MAGY | Roundhill Magnificent Seven Covered Call ETF | $93m | 0.0% | −5.0% | 0.99% |
| 85 | QXQ | SGI Enhanced Nasdaq-100 ETF | $85m | 0.0% | +9.4% | 0.98% |
| 86 | KLIP | KraneShares KWEB Covered Call Strategy ETF | $82m | 0.0% | −17.5% | 0.94% |
| 87 | EGGQ | NestYield Visionary ETF | $77m | 0.0% | −11.6% | 0.93% |
| 88 | XYLG | Global X S&P 500 Covered Call & Growth ETF | $74m | 0.0% | +12.9% | 0.35% |
| 89 | XLUI | State Street Utilities Select Sector SPDR Premium Income ETF | $68m | 0.0% | +3.5% | 0.35% |
| 90 | LFGY | YieldMax Crypto & Tech Portfolio Option Income Strategy ETF | $67m | 0.0% | −29.5% | 1.02% |
| 91 | SOXY | YieldMax Semiconductor Target 12% ETF | $67m | 0.0% | +41.5% | 1.06% |
| 92 | GEEQ | Guggenheim Enhanced Equity Income ETF | $64m | 0.0% | – | 0.35% |
| 93 | DIVP | Cullen Enhanced Equity Income ETF | $63m | 0.0% | +20.2% | 0.55% |
| 94 | YBIT | YieldMax Bitcoin Option Income Strategy ETF | $62m | 0.0% | −28.4% | 1.02% |
| 95 | QVOL | Infrastructure Capital NASDAQ Option Income ETF | $59m | 0.0% | – | 0.82% |
| 96 | PLGI | PL Growth and Income ETF | $58m | 0.0% | – | 1.25% |
| 97 | YETH | Roundhill Ether Covered Call Strategy ETF | $57m | 0.0% | −38.9% | 0.96% |
| 98 | HIGH | Simplify Enhanced Income ETF | $56m | 0.0% | −4.9% | 0.50% |
| 99 | IWMW | iShares Russell 2000 BuyWrite ETF | $56m | 0.0% | +10.1% | 0.39% |
| 100 | QLDY | Defiance Nasdaq 100 LightningSpread Income ETF | $56m | 0.0% | +5.0% | 1.04% |
| 101 | XXV | Simplify Ancorato Target 25 Distribution ETF | $53m | 0.0% | – | 0.85% |
| 102 | SRHR | SRH REIT Covered Call ETF | $50m | 0.0% | +10.5% | 0.75% |
| 103 | KYLD | Kurv High Income ETF | $50m | 0.0% | – | 1.08% |
| 104 | WEEL | Peerless Option Income Wheel ETF | $50m | 0.0% | +9.3% | 0.99% |
| 105 | THOR | Thornburg Premium Income Builder ETF | $49m | 0.0% | – | 0.79% |
| 106 | SPIN | State Street US Equity Premium Income ETF | $46m | 0.0% | +5.8% | 0.25% |
| 107 | XLYI | State Street Consumer Discretionary Select Sector SPDR Premium Income ETF | $45m | 0.0% | −1.4% | 0.35% |
| 108 | ACKY | VistaShares Target 15 ACKtivist Distribution ETF | $44m | 0.0% | +1.4% | 0.95% |
| 109 | BALQ | iShares Nasdaq Premium Income Active ETF | $44m | 0.0% | – | 0.35% |
| 110 | OARK | YieldMax Innovation Option Income Strategy ETF | $40m | 0.0% | −8.8% | 1.00% |
| 111 | HEMI | Hartford Equity Premium Income ETF | $37m | 0.0% | – | 0.49% |
| 112 | NDIV | Amplify Energy & Natural Resources Covered Call ETF | $35m | 0.0% | +40.9% | 0.59% |
| 113 | KCOP | Kurv Copper Mining Enhanced Income ETF | $35m | 0.0% | – | 0.99% |
| 114 | BIGY | YieldMax Big 50 Target 12% ETF | $32m | 0.0% | +3.7% | 1.09% |
| 115 | CVRD | Madison Covered Call ETF | $31m | 0.0% | +10.8% | 0.92% |
| 116 | TLTP | Amplify TLT U.S. Treasury 12% Option Income ETF | $31m | 0.0% | −2.5% | 0.39% |
| 117 | MLPD | Global X MLP & Energy Infrastructure Covered Call ETF | $26m | 0.0% | +15.7% | 0.60% |
| 118 | FTKI | First Trust Small Cap BuyWrite Income ETF | $26m | 0.0% | +19.6% | 0.86% |
| 119 | SIOO | VistaShares Target 15 S&P 100 Distribution ETF | $25m | 0.0% | – | 0.59% |
| 120 | DRKY | VistaShares Target 15 DRUKMacro Distribution ETF | $21m | 0.0% | +11.2% | 0.95% |
| 121 | YLDY | Horizon High Income ETF | $21m | 0.0% | – | 0.70% |
| 122 | GOLI | Defiance Gold Enhanced Options Income ETF | $21m | 0.0% | −6.5% | 1.04% |
| 123 | QUSA | VistaShares Target 15 USA Quality Income ETF | $21m | 0.0% | −1.0% | 0.97% |
| 124 | DFII | FT Vest Bitcoin Strategy Target Income ETF | $21m | 0.0% | −31.9% | 0.85% |
| 125 | SCLZ | Swan Enhanced Dividend Income ETF | $20m | 0.0% | +8.8% | 0.79% |
| 126 | HCOW | Amplify COWS Covered Call ETF | $19m | 0.0% | +21.5% | 0.65% |
| 127 | TLTX | Global X Treasury Bond Enhanced Income ETF | $18m | 0.0% | −5.1% | 0.29% |
| 128 | XLII | State Street Industrial Select Sector SPDR Premium Income ETF | $18m | 0.0% | +8.8% | 0.35% |
| 129 | TYLG | Global X Information Technology Covered Call & Growth ETF | $15m | 0.0% | +17.1% | 0.60% |
| 130 | HAKY | Amplify HACK Cybersecurity Covered Call ETF | $15m | 0.0% | – | 0.65% |
| 131 | FIZY | Fitz-Gerald Must Have Portfolio and Options Overlay ETF | $15m | 0.0% | – | 1.01% |
| 132 | ULTI | REX IncomeMax Option Strategy ETF | $13m | 0.0% | −59.1% | 1.32% |
| 133 | BITY | Amplify Bitcoin 2% Monthly Option Income ETF | $13m | 0.0% | −37.1% | 0.65% |
| 134 | XSHP | Kurv SpaceX Enhanced Income ETF | $11m | 0.0% | – | 0.99% |
| 135 | XRPM | Amplify XRP 3% Monthly Option Income ETF | $11m | 0.0% | – | 0.75% |
| 136 | RECI | Columbia Research Enhanced Core Premium Income ETF | $10m | 0.0% | – | 0.30% |
| 137 | PCOV | Principal Equity Premium Income ETF | $10m | 0.0% | – | 0.34% |
| 138 | FIXP | FolioBeyond Enhanced Fixed Income Premium ETF | $10m | 0.0% | +1.6% | 1.01% |
| 139 | BAGY | Amplify Bitcoin Max Income Covered Call ETF | $10m | 0.0% | −39.4% | 0.65% |
| 140 | FDND | FT Vest Dow Jones Internet Target Income ETF | $10m | 0.0% | −5.3% | 0.75% |
| 141 | BCCC | Global X Bitcoin Covered Call ETF | $10m | 0.0% | −22.7% | 0.75% |
| 142 | DRMY | XFUNDS Memory Income ETF | $8m | 0.0% | – | 1.01% |
| 143 | SLVX | Nicholas Silver Income ETF | $8m | 0.0% | – | 1.16% |
| 144 | BRKC | YieldMax BRK.B Option Income Strategy ETF | $8m | 0.0% | +10.7% | 1.01% |
| 145 | JUDO | Janus Henderson U.S. Equity Enhanced Income ETF | $8m | 0.0% | – | 0.55% |
| 146 | DDDD | YieldMax US Stocks Target Double Distribution ETF | $8m | 0.0% | – | 1.01% |
| 147 | RYLG | Global X Russell 2000 Covered Call & Growth ETF | $8m | 0.0% | +12.8% | 0.35% |
| 148 | NUKX | Nicholas Nuclear Income ETF | $7m | 0.0% | – | 1.07% |
| 149 | YRAM | YieldMax Memory and Storage Portfolio Option Income ETF | $7m | 0.0% | – | 1.01% |
| 150 | CDPI | Columbia High Dividend Premium Income ETF | $6m | 0.0% | – | 0.45% |
| 151 | MINY | YieldMax Strategic Metals & Mining Portfolio Option Income Strategy ETF | $6m | 0.0% | – | 1.01% |
| 152 | DRMP | Tuttle Capital Memory Stack Income Blast ETF | $5m | 0.0% | – | 0.95% |
| 153 | SLVI | NEOS Silver High Income ETF | $5m | 0.0% | – | 0.78% |
| 154 | WEPN | Nicholas Defense and Rare Earth Income ETF | $5m | 0.0% | – | 1.11% |
| 155 | EHY | Amplify Ethereum Max Income Covered Call ETF | $5m | 0.0% | −51.6% | 0.75% |
| 156 | DYLG | Global X Dow 30 Covered Call & Growth ETF | $5m | 0.0% | +12.0% | 0.35% |
| 157 | RNTY | YieldMax Real Estate Target 12% ETF | $5m | 0.0% | +8.2% | 0.99% |
| 158 | LQDM | Amplify LQD Investment Grade 12% Target Income ETF | $4m | 0.0% | – | 0.54% |
| 159 | GLDN | Nicholas Gold Income ETF | $4m | 0.0% | – | 1.07% |
| 160 | ETTY | Amplify Ethereum 3% Monthly Option Income ETF | $3m | 0.0% | −48.5% | 0.75% |
| 161 | SFYI | SoFi Social 50 Income ETF | $3m | 0.0% | – | 0.72% |
| 162 | BPI | Grayscale Bitcoin Premium Income ETF | $2m | 0.0% | −26.7% | 0.65% |
| 163 | KEO | Kurv Equity Option Income ETF | $2m | 0.0% | – | 1.19% |
| 164 | SOLM | Amplify Solana 3% Monthly Option Income ETF | $2m | 0.0% | – | 0.75% |
| 165 | FGSI | FT Vest Growth Strength Target Income ETF | $2m | 0.0% | +6.0% | 0.85% |
| 166 | EHCC | Global X Ethereum Covered Call ETF | $1m | 0.0% | – | 0.75% |
| 167 | MEMY | Tuttle Capital Meme Stock Income Blast ETF | $1m | 0.0% | – | 0.99% |
| 168 | SLVY | FT Vest Silver Strategy Target Income ETF | under $1m | 0.0% | – | 0.85% |
Other categories in the income overlay
Common questions
Which ETFs are index covered call ETFs?168 US ETFs sit in this category of the income overlay. ETFs that sell call options on a stock index for income. Driven by index volatility, which sets how much the options pay.
What is the largest index covered call ETF?JEPI, JPMorgan Equity Premium Income ETF, with $46.5bn, 23.2% of the category's money.
How have index covered call ETFs performed?The median unleveraged ETF here returned +8.6% over the last 12 months to Nov 2, 2026, against +11.8% for broad US ETFs. Past performance, not a forecast.