REX AI Equity Premium Income ETF
$37.70+0.05 (+0.13%)
- 0.65%
- $497M
- +28.4%
- 37.13%
- 0.2M sh
- $37.77
- low $32.21high $45.08
The ETF.net AIPI Grade
B
Score 61 out of 100
- 7 of 24
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A72 out of 100Rank 6 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D37 out of 100Rank 17 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B68 out of 100Rank 4 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C53 out of 100Rank 8 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 8 of 24
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
- 27
- 60%
- PLTR
Sectors
- Technology91.0%
- Communication6.2%
- Consumer Discretionary2.7%
Geography
- United States88.34%
- Taiwan (Province of China)8.17%
- Singapore3.48%
AIPI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
AIPI$12,838
Returns run to the Oct 12, 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 | +24.3% |
| 1 month | +4.6% |
| 3 months | +10.9% |
| 1 year | +28.4% |
| 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 | +24.3% | |
| 2025 | +16.3% | |
| 2024 | +15.2% |
AIPI in the news
Category Review
The largest alternatives fund has no one-year record
AIPI Dividends
- 37.13%
- $13.98
- $0.25 per share
- Weekly
Distribution history
AIPI Risk
- 17.6%
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.
- 0.93
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
0.65%
AIPI0.65%
- The middle half of Other Index Option Income funds
- Median 0.73%
5 of the 24 Other Index Option Income funds charge less.
Other funds in Other Index Option Income
- BEDGXGlobal X U.S. 500 Income Edge ETFExpense ratio 0.50%1 year return —
- BATCLREX Autocallable Income ETFExpense ratio 0.65%1 year return —
- BFEPIREX FANG & Innovation Equity Premium Income ETFExpense ratio 0.65%1 year return +19.0%
- BSVOLSimplify Volatility Premium ETFExpense ratio 0.66%1 year return +20.1%
- BACYSFT Vest Laddered Autocallable Barrier & Resilient Income ETFExpense ratio 0.75%1 year return —