AIPI vs EDGX

AIPIBREX AI Equity Premium Income ETF

EDGXBGlobal X U.S. 500 Income Edge ETF

In short

AIPI Most 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.

EDGX Income on a weekly clock. EDGX writes calls on part of a 500-stock US large-cap core, targets a 9% annualized distribution rate, and currently charges nothing: the 0.50% fee is waived to zero through March 1, 2027.

Stated mandate

AIPI 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.

EDGX The fund seeks current income and exposure to the Solactive GBS United States 500 Index. It is actively managed and generates weekly income by writing call options.

Why people hold it

• AIPI 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.

• EDGX The entire 0.50% fee is waived to zero through March 1, 2027. Peers in the group carry theirs with no waiver: DJIA at 0.60%, THTA at 0.65%, HYGW at 0.69%.
• Pays weekly rather than quarterly, targeting a 9% annualized distribution rate funded by option premiums and the dividends thrown off by its equity sleeve.globalxetfs.comglobalxetfs.com 2
• Calls are sold on only a portion of the portfolio, and the managers dial coverage up or down as market conditions shift, so some equity exposure stays uncapped.globalxetfs.comglobalxetfs.com 2
• One of the stronger implementations in a crowded options-income field of roughly two dozen funds.

Worth knowing

• AIPI 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.

• EDGX The waiver ends March 1, 2027. Unless it is extended, the 0.50% gross expense ratio applies after that.
• The covered slice gives up gains above the strike, and the 9% figure is a target, not a floor: distributions come out of NAV and may include return of capital.streetinsider.com
• Launched in 2026, it is a small fund that trades thinly, so the bid-ask spread is part of the cost of getting in and out.

Full AIPI profile⁠

Full EDGX profile⁠