AIPI vs. SCHD
Compare and contrast key facts about REX AI Equity Premium Income ETF (AIPI) and Schwab US Dividend Equity ETF (SCHD).
AIPI and SCHD 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. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIPI or SCHD.
Key characteristics
| AIPI | SCHD | |
|---|---|---|
| Daily Std Dev | 23.25% | 11.80% |
| Max Drawdown | -15.85% | -33.37% |
| Current Drawdown | -6.64% | -0.46% |
Correlation
The correlation between AIPI and SCHD is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AIPI vs. SCHD - 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. SCHD - Expense Ratio Comparison
AIPI has a 0.65% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
AIPI vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for REX AI Equity Premium Income ETF (AIPI) and Schwab US Dividend Equity ETF (SCHD). 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. SCHD - Dividend Comparison
AIPI's dividend yield for the trailing twelve months is around 5.96%, more than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIPI REX AI Equity Premium Income ETF | 5.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 2.59% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
AIPI vs. SCHD - Drawdown Comparison
The maximum AIPI drawdown since its inception was -15.85%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for AIPI and SCHD. For additional features, visit the drawdowns tool.
Volatility
AIPI vs. SCHD - Volatility Comparison
REX AI Equity Premium Income ETF (AIPI) has a higher volatility of 5.77% compared to Schwab US Dividend Equity ETF (SCHD) at 3.09%. This indicates that AIPI's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.