REX AI Equity Premium Income ETF (AIPI)
The fund aims to invest at least 80% of its net assets in securities of the BITA AI Leaders Select Index, maintaining its investment strategy regardless of adverse market conditions. It is classified as non-diversified.
ETF Info
| Issuer | REX |
|---|---|
| Inception Date | Jun 3, 2024 |
| Category | Derivative Income |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Asset Class | Equity |
Expense Ratio
AIPI features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in REX AI Equity Premium Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.45% |
| 1 month | 3.14% | 2.91% |
| 6 months | N/A | 14.05% |
| 1 year | N/A | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of AIPI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 7.42% | -5.19% | 1.39% | 3.54% | 0.99% | 13.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for REX AI Equity Premium Income ETF (AIPI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
REX AI Equity Premium Income ETF provided a 11.46% dividend yield over the last twelve months, with an annual payout of $5.89 per share.
| Period | TTM |
|---|---|
| Dividend | $5.89 |
Dividend yield | 11.46% |
Monthly Dividends
The table displays the monthly dividend distributions for REX AI Equity Premium Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.48 | $1.46 | $1.48 | $1.47 | $0.00 | $5.89 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the REX AI Equity Premium Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the REX AI Equity Premium Income ETF was 15.85%, occurring on Aug 5, 2024. Recovery took 48 trading sessions.
The current REX AI Equity Premium Income ETF drawdown is 0.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.85% | Jul 11, 2024 | 18 | Aug 5, 2024 | 48 | Oct 11, 2024 | 66 |
| -4.08% | Oct 30, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
| -2.35% | Jun 20, 2024 | 3 | Jun 24, 2024 | 5 | Jul 1, 2024 | 8 |
| -1.61% | Oct 22, 2024 | 2 | Oct 23, 2024 | 4 | Oct 29, 2024 | 6 |
| -0.95% | Nov 8, 2024 | 3 | Nov 12, 2024 | — | — | — |
Volatility
Volatility Chart
The current REX AI Equity Premium Income ETF volatility is 5.21%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.