REX AI Equity Premium Income ETF
$37.49−0.26 (−0.68%)
- Expense ratio
- 0.65%
- Fund size
- $473M
- 1Y return
- +27.2%
- Yield · Last 12 months
- 38.34%
- Holdings
- 75
- Volume · 30D
- 0.2M sh
- NAV per share
- $37.63
- 52W range
The ETF.net AIPI Grade
Score 62 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 72Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 72Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 54Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on AIPI
BMost option-income ETFs sell calls on the S&P 500 or the Nasdaq 100. AIPI runs that same premium-harvesting playbook on a basket of AI-linked US stocks, trading away some of the theme's upside in exchange for option income.
The Fund seeks capital appreciation and current income. It invests at least 80% of net assets in securities in the BITA AI Leaders Select Index and writes covered calls on portfolio securities to generate option-premium income.
Why people hold it
- A pure-theme twist on covered calls: at least 80% of assets in BITA AI Leaders Select Index names, with calls written on those holdings to generate premium.rexshares.com
- 0.65% expense ratio, on the cheaper side of an option-income group where fees typically run higher.
- Sits in the upper tier of its option-overlay peer group and is easy enough to get in and out of for a fund built on a niche theme.
Worth knowing
- Covered calls swap upside for income. When the AI names run hard, gains above the strike prices belong to the option buyer, not the fund.rexshares.com
- One theme, about 80 US tech names. That is concentrated exposure whose fortunes rise and fall with the AI trade.
- Launched in 2024, so the history behind it is short and covers only a slice of a full market cycle.
AIPI Holdings
- Stocks
- 75
- 56%
- PLTR
Sectors
Geography
AIPI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AIPI |
|---|---|
| Year to date | +22.1% |
| 1 month | +5.9% |
| 3 months | +10.5% |
| 1 year | +27.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AIPI |
|---|---|---|
| 2026 YTD | +22.1% | |
| 2025 | +16.3% | |
| 2024 | +15.2% |
AIPI in the news
ETF.net Research hasn’t filed on AIPI yet — coverage lands here as it’s written.
AIPI Dividends
- 38.34%
- $14.47
- $0.24 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 16, 2026 | Sep 17, 2026 | $0.24 |
| Sep 9, 2026 | Sep 10, 2026 | $0.25 |
| Sep 2, 2026 | Sep 3, 2026 | $0.25 |
| Aug 26, 2026 | Aug 27, 2026 | $0.24 |
| Aug 19, 2026 | Aug 20, 2026 | $0.25 |
| Aug 12, 2026 | Aug 13, 2026 | $0.25 |
| Aug 5, 2026 | Aug 6, 2026 | $0.24 |
| Jul 29, 2026 | Jul 30, 2026 | $0.23 |
| Jul 22, 2026 | Jul 23, 2026 | $0.24 |
| Jul 15, 2026 | Jul 16, 2026 | $0.24 |
| Jul 8, 2026 | Jul 9, 2026 | $0.25 |
| Jul 1, 2026 | Jul 2, 2026 | $0.25 |
AIPI Risk
- 17.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.88
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AIPI Cost
- The middle half of Other Index Option Income funds
- Median 0.74%
5 of the 23 Other Index Option Income funds charge less.