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Launched

REX AI Equity Premium Income ETF

AIPINasdaqRexsharesB

$32.60−1.16 (−3.44%)

At close: Nov 2, 2026, 4:00 PM ET

B60/ 100

Rank 8 of 24 in Other Index Option Income

B60/100Rank 8 of 24inOther Index Option Income
Intraday session: down, 79 prints from 33.76 to 32.60. Range 32.60 to 33.87. Use the arrow keys to read each point.32.7533.0033.2533.5010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$456M
1Y total return
+6.6%
Yield · Last 12 months
41.12%
Holdings
29
Avg volume · 30D
198K sh
52W range
low $32.21high $44.07
Launched

The ETF.net AIPI Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
Other Index Option Income⁠
Rank
8 of 24
Six-pillar profile for AIPI. Scores out of 100: Cost 76, Risk 27, Mission not scored, Tradability 64, Holdings 53, Durability 72. Strongest: Cost (76). Weakest: Risk (27). Based on 5 of 6 pillars.

Score 60 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.
    A76 out of 100
    Rank 5 of 24

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D27 out of 100
    Rank 20 of 24

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 5 of 24

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 out of 100
    Rank 8 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 8 of 24

Our read on AIPI

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jun 4, 2024

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$10,660
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. AIPI $10,660. SPY $11,146. Use the arrow keys to read each point.$9,000$10,000$11,000$12,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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.

Trailing total return for AIPI. Periods over one year show the average yearly return.
PeriodAIPI
Year to date+9.8%
1 month−11.3%
3 months+2.6%
1 year+6.6%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AIPI
YearReturn barAIPI
2026 YTD+9.8%
2025+16.3%
2024+15.2%

Since listing, Jun 4, 2024

AIPI in the news

AIPI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
41.12%Last 12 months
Payout per share
$13.41Last 12 months
Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Weekly

Distribution history

2026

One bar per payment. 27 payments in 2026 YTD. Jan 28, 2026 $1.16; Feb 25, 2026 $2.08; Mar 25, 2026 $1.02; Apr 22, 2026 $1.05; May 27, 2026 $0.26; Jun 3, 2026 $0.26; Jun 10, 2026 $0.25; Jun 17, 2026 $0.25; Jun 24, 2026 $0.24; Jul 1, 2026 $0.25; Jul 8, 2026 $0.25; Jul 15, 2026 $0.24; Jul 22, 2026 $0.24; Jul 29, 2026 $0.23; Aug 5, 2026 $0.24; Aug 12, 2026 $0.25; Aug 19, 2026 $0.25; Aug 26, 2026 $0.24; Sep 2, 2026 $0.25; Sep 9, 2026 $0.25; Sep 16, 2026 $0.24; Sep 23, 2026 $0.25; Sep 30, 2026 $0.25; Oct 7, 2026 $0.25; Oct 14, 2026 $0.25; Oct 21, 2026 $0.24; Oct 28, 2026 $0.24. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 28, 2026Oct 29, 2026$0.24
Oct 21, 2026Oct 22, 2026$0.24
Oct 14, 2026Oct 15, 2026$0.25
Oct 7, 2026Oct 8, 2026$0.25
Sep 30, 2026Oct 1, 2026$0.25
Sep 23, 2026Sep 24, 2026$0.25
Sep 16, 2026Sep 17, 2026$0.24
Sep 9, 2026Sep 10, 2026$0.25
Sep 2, 2026Sep 3, 2026$0.25
Aug 26, 2026Aug 27, 2026$0.24
Aug 19, 2026Aug 20, 2026$0.25
Aug 12, 2026Aug 13, 2026$0.25

See all 45 payments⁠

$10,000 in AIPI 1 year ago paid $3,053 in dividends.⁠

AIPI Risk

Risk pillarD27 out of 100Rank 20 of 24 in Other Index Option Income
How much the fund’s monthly returns vary, scaled to a year.
18.2%
Annualised · 28 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.68
vs 3-month T-bills · 28 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−25.2%
28 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
1.07
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

AIPI Cost

Compare AIPI and EDGX

Overpaying vs EDGX, cheapest in Other Index Option Income

$12,717

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AIPI 0.65%

    $12,717

  • EDGX 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • AIPI 0.65%
  • EDGX 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530AIPI $12,717EDGX $0

Year by year

YearAIPIEDGXOverpaying
10$1,163$0$1,163
20$4,440$0$4,440
30$12,717$0$12,717

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