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 61 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% | 27.32M | Nov 2024 | AIPI vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | AIPI vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | AIPI vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | AIPI vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 398.58M | Oct 2023 | AIPI vs PAPI |
Best Risk-Adjusted Alternatives to AIPI
AIPI has a PortfoliosLab risk / return rank of 31. There are 90 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | AIPI vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | AIPI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | AIPI vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | AIPI vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | AIPI vs BUCK |
Top Performing AIPI Alternatives (YTD)
AIPI is at 5.49% YTD. There are 107 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | AIPI vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | AIPI vs CWII | |
| Roundhill ARM WeeklyPay ETF | 356.51% | 17.52M | Oct 2025 | AIPI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 197.43% | 83.00M | Jul 2025 | AIPI vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | AIPI vs AMDY |
Lowest Volatility Alternatives to AIPI
AIPI has 16.80% 1-year volatility. There are 111 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | AIPI vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | AIPI vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | AIPI vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.12% | 292.66M | Feb 2025 | AIPI vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | AIPI vs XRMI |
Lowest Drawdown Alternatives to AIPI
AIPI has a 1-year max drawdown of -14.40%. There are 91 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | AIPI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | AIPI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | 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 8 categories. AUM among these funds goes as high as $679M.
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