AIPI vs. BMNU

Last updated Jul 14, 2026

AIPI (REX AI Equity Premium Income ETF) and BMNU (T-REX 2X Long BMNR Daily Target ETF) are both exchange-traded funds - AIPI is a Derivative Income fund actively managed by REX, while BMNU is a Leveraged Equities fund actively managed by REX. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. AIPI charges 0.65%/yr vs 1.50%/yr for BMNU.

Performance

AIPI vs. BMNU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX AI Equity Premium Income ETF (AIPI) and T-REX 2X Long BMNR Daily Target ETF (BMNU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIPI achieves a 7.20% return, which is significantly higher than BMNU's -83.66% return.

AIPI

• 1D: -1.70%
• 1M: 0.28%
• 6M: 6.99%
• YTD: 7.20%
• 1Y: 18.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMNU

• 1D: -5.32%
• 1M: -22.67%
• 6M: -86.94%
• YTD: -83.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIPI vs. BMNU - Yearly Performance Comparison

	2026 (YTD)	2025
AIPI REX AI Equity Premium Income ETF	7.20%	4.98%
BMNU T-REX 2X Long BMNR Daily Target ETF	-83.66%	-80.88%

Correlation

The correlation between AIPI and BMNU is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	0.59

Return for Risk

AIPI vs. BMNU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIPI

AIPI Risk / Return Rank: 33
AIPI Sharpe Ratio Rank: 36
AIPI Sortino Ratio Rank: 33
AIPI Omega Ratio Rank: 35
AIPI Calmar Ratio Rank: 31
AIPI Martin Ratio Rank: 32

BMNU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIPI vs. BMNU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX AI Equity Premium Income ETF (AIPI) and T-REX 2X Long BMNR Daily Target ETF (BMNU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIPI	BMNU	Difference
Sharpe ratio: Return per unit of total volatility	1.05	—	—
Sortino ratio: Return per unit of downside risk	1.47	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.26	—	—
Martin ratio: Return relative to average drawdown	3.75	—	—

Drawdowns

AIPI vs. BMNU - Drawdown Comparison

The maximum AIPI drawdown since its inception was -25.25%, smaller than the maximum BMNU drawdown of -98.29%. Use the drawdown chart below to compare losses from any high point for AIPI and BMNU.

Drawdown Indicators

	AIPI	BMNU	Difference
Max Drawdown Largest peak-to-trough decline	-25.25%	-98.29%	+73.04%
Max Drawdown (1Y) Largest decline over 1 year	-14.40%	—	—
Current Drawdown Current decline from peak	-3.93%	-98.01%	+94.08%
Average Drawdown Average peak-to-trough decline	-4.62%	-81.66%	+77.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.82%	—	—

Volatility

Volatility by Period

	AIPI	BMNU	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.39%	182.09%	-164.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.49%	182.09%	-160.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.49%	182.09%	-160.60%

AIPI vs. BMNU - Expense Ratio Comparison

AIPI has a 0.65% expense ratio, which is lower than BMNU's 1.50% expense ratio.

Dividends

AIPI vs. BMNU - Dividend Comparison

AIPI's dividend yield for the trailing twelve months is around 37.09%, while BMNU has not paid dividends to shareholders.

Position	TTM	2025	2024
AIPI REX AI Equity Premium Income ETF	37.09%	37.84%	18.13%
BMNU T-REX 2X Long BMNR Daily Target ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIPI and BMNU in my portfolio?

AIPI and BMNU have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIPI or BMNU?

On fees, AIPI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIPI or BMNU?

AIPI is cheaper with a 0.65% expense ratio, compared with 1.50% for BMNU.

Which ETF pays a higher dividend yield, AIPI or BMNU?

AIPI has the higher dividend yield at 37.09%, compared with 0.00% for BMNU.

What is the main difference between AIPI and BMNU?

AIPI is categorized as Derivative Income, while BMNU is Leveraged Equities. Their fees differ too: 0.65% for AIPI and 1.50% for BMNU.