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% | 29.05M | Nov 2024 | AIPI vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | AIPI vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | AIPI vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | AIPI vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 438.36M | Oct 2023 | AIPI vs PAPI |
Best Risk-Adjusted Alternatives to AIPI
AIPI has a PortfoliosLab risk / return rank of 28. There are 115 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | AIPI vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 489.70M | Oct 2022 | AIPI vs BUCK | |
| Global X S&P 500 Covered Call ETF | 93 | 3.24B | Jun 2013 | AIPI vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | AIPI vs PBP | |
| Global X Russell 2000 Covered Call ETF | 90 | 1.37B | Apr 2019 | AIPI vs RYLD |
Top Performing AIPI Alternatives (YTD)
AIPI is at 4.13% YTD. There are 142 ETFs in the Derivative Income category with higher YTD returns, going as high as 146.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 146.74% | 114.09M | Jul 2025 | AIPI vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 134.95% | 22.04M | Oct 2025 | AIPI vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 87.43% | 382.78M | Sep 2023 | AIPI vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 60.69% | 106.87M | Oct 2023 | AIPI vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 58.34% | 64.01M | Dec 2024 | AIPI vs SOXY |
Lowest Volatility Alternatives to AIPI
AIPI has 18.00% 1-year volatility. There are 135 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.59% | 489.70M | Oct 2022 | AIPI vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.92% | 112.06M | Aug 2022 | AIPI vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | AIPI vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | AIPI vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.30B | Dec 2015 | AIPI vs BUYW |
Lowest Drawdown Alternatives to AIPI
AIPI has a 1-year max drawdown of -14.40%. There are 110 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% | 489.70M | Oct 2022 | AIPI vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | AIPI vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | AIPI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | AIPI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | AIPI vs THTA |
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 $651M.
Often Compared With AIPI
Investors most often compare AIPI with QQQI, YMAG, GPTY. These 20 comparison targets span 13 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