AIPI vs. BAC
AIPI (REX AI Equity Premium Income ETF) is Derivative Income fund actively managed by REX, while BAC (Bank of America Corporation) is a stock. Over the past year, AIPI returned 26.32% vs 21.86% for BAC. At a 0.37 correlation, their price movements are largely independent.
Performance
AIPI vs. BAC - Performance Comparison
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Returns By Period
In the year-to-date period, AIPI achieves a 8.78% return, which is significantly higher than BAC's -1.43% return.
AIPI
- 1D
- 0.95%
- 1M
- 5.29%
- YTD
- 8.78%
- 6M
- 6.56%
- 1Y
- 26.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BAC
- 1D
- -0.37%
- 1M
- 5.06%
- YTD
- -1.43%
- 6M
- 0.58%
- 1Y
- 21.86%
- 3Y*
- 25.47%
- 5Y*
- 7.45%
- 10Y*
- 17.09%
AIPI vs. BAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AIPI REX AI Equity Premium Income ETF | 8.78% | 16.38% | 15.79% |
BAC Bank of America Corporation | -1.43% | 28.04% | 12.22% |
Correlation
The correlation between AIPI and BAC is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2024 | 0.37 |
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Return for Risk
AIPI vs. BAC — Risk / Return Rank
AIPI
BAC
AIPI vs. BAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for REX AI Equity Premium Income ETF (AIPI) and Bank of America Corporation (BAC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AIPI | BAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.19 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.22 | +0.61 |
| Martin ratioReturn relative to average drawdown | 5.69 | 3.15 | +2.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIPI | BAC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 1.02 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.28 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.20 | +0.77 |
Drawdowns
AIPI vs. BAC - Drawdown Comparison
The maximum AIPI drawdown since its inception was -25.25%, smaller than the maximum BAC drawdown of -93.10%. Use the drawdown chart below to compare losses from any high point for AIPI and BAC.
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Drawdown Indicators
| AIPI | BAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.25% | -93.10% | +67.85% |
Max Drawdown (1Y)Largest decline over 1 year | -14.40% | -17.93% | +3.53% |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.51% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.95% | — |
Current DrawdownCurrent decline from peak | -2.52% | -5.30% | +2.78% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -28.31% | +23.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.64% | 6.95% | -2.31% |
Volatility
AIPI vs. BAC - Volatility Comparison
The current volatility for REX AI Equity Premium Income ETF (AIPI) is 4.45%, while Bank of America Corporation (BAC) has a volatility of 6.59%. This indicates that AIPI experiences smaller price fluctuations and is considered to be less risky than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIPI | BAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 6.59% | -2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 13.28% | 16.36% | -3.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.18% | 21.50% | -5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.44% | 26.89% | -5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.44% | 30.70% | -9.26% |
Dividends
AIPI vs. BAC - Dividend Comparison
AIPI's dividend yield for the trailing twelve months is around 35.42%, more than BAC's 2.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIPI REX AI Equity Premium Income ETF | 35.42% | 37.84% | 18.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BAC Bank of America Corporation | 2.09% | 1.96% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% |
Frequently Asked Questions
AIPI and BAC have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BAC has higher volatility (6.59%) compared to AIPI (4.45%). In terms of maximum drawdown, AIPI dropped -25.25% vs BAC's -93.10%.
AIPI currently has the higher Sharpe Ratio (1.64 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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