AIPI vs. HOOW

Last updated Jul 21, 2026

AIPI (REX AI Equity Premium Income ETF) and HOOW (Roundhill HOOD WeeklyPay ETF) are both exchange-traded funds - AIPI is a Derivative Income fund actively managed by REX, while HOOW is a Leveraged Equities fund actively managed by Roundhill. Both are actively managed. Over the past year, AIPI returned 13.48% vs -20.29% for HOOW. A 0.59 correlation means they provide meaningful diversification when combined. AIPI charges 0.65%/yr vs 0.99%/yr for HOOW.

Performance

AIPI vs. HOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX AI Equity Premium Income ETF (AIPI) and Roundhill HOOD WeeklyPay ETF (HOOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIPI achieves a 4.49% return, which is significantly higher than HOOW's -19.14% return.

AIPI

• 1D: 0.37%
• 1M: -3.51%
• 6M: 5.59%
• YTD: 4.49%
• 1Y: 13.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.48%

HOOW

• 1D: -0.90%
• 1M: -10.64%
• 6M: -15.25%
• YTD: -19.14%
• 1Y: -20.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.34%

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

AIPI vs. HOOW - Yearly Performance Comparison

	2026 (YTD)	2025
AIPI REX AI Equity Premium Income ETF	4.49%	14.19%
HOOW Roundhill HOOD WeeklyPay ETF	-19.14%	52.60%

Correlation

The correlation between AIPI and HOOW is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.59

The correlation between AIPI and HOOW has been stable across timeframes, ranging from 0.59 to 0.61 - a consistent structural relationship.

AIPI vs. HOOW - Sectors Allocation Comparison

Sectors	AIPI	HOOW
Technology	91.6%	-
Communication Services	5.6%	-
Consumer Cyclical	2.8%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	3.6%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AIPI vs. HOOW — Risk / Return Rank

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

AIPI

AIPI Risk / Return Rank: 27
AIPI Sharpe Ratio Rank: 28
AIPI Sortino Ratio Rank: 26
AIPI Omega Ratio Rank: 27
AIPI Calmar Ratio Rank: 26
AIPI Martin Ratio Rank: 27

HOOW

HOOW Risk / Return Rank: 9
HOOW Sharpe Ratio Rank: 8
HOOW Sortino Ratio Rank: 11
HOOW Omega Ratio Rank: 11
HOOW Calmar Ratio Rank: 7
HOOW Martin Ratio Rank: 8

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. HOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX AI Equity Premium Income ETF (AIPI) and Roundhill HOOD WeeklyPay ETF (HOOW). 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	HOOW	Difference
Sharpe ratio: Return per unit of total volatility	0.78	-0.24	+1.02
Sortino ratio: Return per unit of downside risk	1.13	0.22	+0.92
Omega ratio: Gain probability vs. loss probability	1.15	1.03	+0.12
Calmar ratio: Return relative to maximum drawdown	0.94	-0.31	+1.25
Martin ratio: Return relative to average drawdown	2.76	-0.51	+3.28

AIPI vs. HOOW - Sharpe Ratio Comparison

The current AIPI Sharpe Ratio is 0.78, which is higher than the HOOW Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of AIPI and HOOW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIPI vs. HOOW - Drawdown Comparison

The maximum AIPI drawdown since its inception was -25.25%, smaller than the maximum HOOW drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for AIPI and HOOW.

Drawdown Indicators

	AIPI	HOOW	Difference
Max Drawdown Largest peak-to-trough decline	-25.25%	-65.74%	+40.49%
Max Drawdown (1Y) Largest decline over 1 year	-14.40%	-65.74%	+51.34%
Current Drawdown Current decline from peak	-6.36%	-45.08%	+38.72%
Average Drawdown Average peak-to-trough decline	-4.63%	-30.60%	+25.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	39.51%	-34.62%

Volatility

AIPI vs. HOOW - Volatility Comparison

The current volatility for REX AI Equity Premium Income ETF (AIPI) is 6.17%, while Roundhill HOOD WeeklyPay ETF (HOOW) has a volatility of 23.03%. This indicates that AIPI experiences smaller price fluctuations and is considered to be less risky than HOOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIPI	HOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.17%	23.03%	-16.86%
Volatility (6M) Calculated over the trailing 6-month period	14.39%	64.14%	-49.75%
Volatility (1Y) Calculated over the trailing 1-year period	17.50%	84.43%	-66.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.43%	83.98%	-62.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.43%	83.98%	-62.55%

AIPI vs. HOOW - Expense Ratio Comparison

AIPI has a 0.65% expense ratio, which is lower than HOOW's 0.99% expense ratio.

Dividends

AIPI vs. HOOW - Dividend Comparison

AIPI's dividend yield for the trailing twelve months is around 39.00%, less than HOOW's 148.30% yield.

Position	TTM	2025	2024
AIPI REX AI Equity Premium Income ETF	39.00%	37.84%	18.13%
HOOW Roundhill HOOD WeeklyPay ETF	148.30%	67.92%	0.00%

Frequently Asked Questions

Can I hold both AIPI and HOOW in my portfolio?

AIPI and HOOW have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIPI or HOOW?

HOOW has higher volatility (23.03%) compared to AIPI (6.17%). In terms of maximum drawdown, AIPI dropped -25.25% vs HOOW's -65.74%.

Which ETF is better, AIPI or HOOW?

On 1-year performance, AIPI leads with 13.48% vs -20.29% for HOOW. On fees, AIPI is cheaper at 0.65% per year. On volatility, AIPI has been the lower-risk option at 6.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIPI or HOOW?

Over the 1-year period, AIPI has performed better with a 13.48% return vs -20.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIPI or HOOW?

AIPI is cheaper with a 0.65% expense ratio, compared with 0.99% for HOOW.

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

HOOW has the higher dividend yield at 148.30%, compared with 39.00% for AIPI.

What is the main difference between AIPI and HOOW?

AIPI is categorized as Derivative Income, while HOOW is Leveraged Equities. They also come from different issuers: REX and Roundhill. Their fees differ too: 0.65% for AIPI and 0.99% for HOOW.

Which has better risk-adjusted returns?

AIPI currently has the higher Sharpe Ratio (0.78 vs -0.24), 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.