AIPI vs. CONY
Compare and contrast key facts about REX AI Equity Premium Income ETF (AIPI) and YieldMax COIN Option Income Strategy ETF (CONY).
AIPI and CONY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIPI is an actively managed fund by REX. It was launched on Jun 3, 2024. CONY is an actively managed fund by YieldMax. It was launched on Aug 14, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIPI or CONY.
Key characteristics
| AIPI | CONY | |
|---|---|---|
| Daily Std Dev | 21.03% | 60.91% |
| Max Drawdown | -15.85% | -37.72% |
| Current Drawdown | 0.00% | -4.40% |
Correlation
The correlation between AIPI and CONY is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AIPI vs. CONY - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AIPI vs. CONY - Expense Ratio Comparison
AIPI has a 0.65% expense ratio, which is lower than CONY's 0.99% expense ratio.
Risk-Adjusted Performance
AIPI vs. CONY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for REX AI Equity Premium Income ETF (AIPI) and YieldMax COIN Option Income Strategy ETF (CONY). 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.
Not enough dataDividends
AIPI vs. CONY - Dividend Comparison
AIPI's dividend yield for the trailing twelve months is around 11.36%, less than CONY's 120.33% yield.
| TTM | 2023 | |
|---|---|---|
AIPI REX AI Equity Premium Income ETF | 11.36% | 0.00% |
CONY YieldMax COIN Option Income Strategy ETF | 120.33% | 16.43% |
Drawdowns
AIPI vs. CONY - Drawdown Comparison
The maximum AIPI drawdown since its inception was -15.85%, smaller than the maximum CONY drawdown of -37.72%. Use the drawdown chart below to compare losses from any high point for AIPI and CONY. For additional features, visit the drawdowns tool.
Volatility
AIPI vs. CONY - Volatility Comparison
The current volatility for REX AI Equity Premium Income ETF (AIPI) is 5.14%, while YieldMax COIN Option Income Strategy ETF (CONY) has a volatility of 27.76%. This indicates that AIPI experiences smaller price fluctuations and is considered to be less risky than CONY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.