REX AI Equity Premium Income ETF (AIPI) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AIPI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AIPI
AIPI charges 0.65% annually. There are 64 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.28M | Nov 2024 | AIPI vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | AIPI vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | AIPI vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | AIPI vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 4.77B | Oct 2023 | AIPI vs GPIX |
Best Risk-Adjusted Alternatives to AIPI
AIPI has a PortfoliosLab risk / return rank of 33. There are 88 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | AIPI vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 474.96M | Oct 2022 | AIPI vs BUCK | |
| YieldMax Semiconductor Portfolio Option Income ETF | 94 | 1.16B | Apr 2025 | AIPI vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 93 | 443.39M | Sep 2023 | AIPI vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 246.95M | Jul 2023 | AIPI vs GOOY |
Top Performing AIPI Alternatives (YTD)
AIPI is at 7.20% YTD. There are 105 ETFs in the Derivative Income category with higher YTD returns, going as high as 207.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 207.86% | 27.86M | Oct 2025 | AIPI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 184.48% | 116.76M | Jul 2025 | AIPI vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 109.12% | 443.39M | Sep 2023 | AIPI vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 89.76% | 127.56M | Oct 2023 | AIPI vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 70.96% | 1.16B | Apr 2025 | AIPI vs CHPY |
Lowest Volatility Alternatives to AIPI
AIPI has 17.39% 1-year volatility. There are 129 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | AIPI vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.45% | 206.17M | Apr 2026 | AIPI vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.86% | 88.48M | Feb 2025 | AIPI vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.26B | Dec 2015 | AIPI vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.08% | 726.94K | May 2026 | AIPI vs FIYY |
Lowest Drawdown Alternatives to AIPI
AIPI has a 1-year max drawdown of -14.40%. There are 95 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | AIPI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | AIPI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | AIPI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | AIPI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | AIPI vs OMAH |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, NVDX, NVII and span 7 categories. AUM among these funds goes as high as $679M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| REX FANG & Innovation Equity Premium Income ETF | Derivative Income, Technology Equities | 31 | 3.79% | 679.47M | Oct 2023 | AIPI vs FEPI | |
| T-REX 2X Long NVIDIA Daily Target ETF | Leveraged Equities | 15 | 1.87% | 449.88M | Oct 2023 | AIPI vs NVDX | |
| REX NVIDIA Growth & Income ETF | Derivative Income, Leveraged Equities, Options Trading | 33 | 10.99% | 106.68M | May 2025 | AIPI vs NVII | |
| REX Crypto Equity Premium Income ETF | Cryptocurrency | 23 | 16.51% | 112.35M | Dec 2024 | AIPI vs CEPI | |
| REX TSLA Growth & Income ETF | Leveraged Equities, Derivative Income | 21 | -15.31% | 40.00M | Jun 2025 | AIPI vs TSII | |
| REX Drone ETF | Aerospace & Defense | — | -6.02% | 110.10M | Oct 2025 | AIPI vs DRNZ | |
| MicroSectors Energy 3X Leveraged ETN | Leveraged Equities | 28 | 72.87% | 26.09M | Feb 2023 | AIPI vs WTIU | |
| T-REX 2X Long BMNR Daily Target ETF | Leveraged Equities | — | -83.66% | — | Sep 2025 | AIPI vs BMNU | |
| T-REX 2X Long Bitcoin Daily Target ETF | Leveraged Cryptocurrency | 1 | -59.07% | — | Jul 2024 | AIPI vs BTCL | |
| REX WMT Growth & Income ETF | Derivative Income, Leveraged Equities | — | -0.96% | 15.93M | Nov 2025 | AIPI vs WMTI |
Often Compared With AIPI
Investors most often compare AIPI with YMAG, QQQI, GPTY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare AIPI with Any Fund or Stock
Compare AIPI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AIPI with funds that move differently
REX AI Equity Premium Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AIPI.
Explore AIPI Diversifiers