AIPI vs. SOXY

Last updated Aug 2, 2026

AIPI (REX AI Equity Premium Income ETF) and SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, AIPI returned 14.45% vs 93.60% for SOXY. Their 0.74 correlation means they have sometimes moved together and sometimes differently. AIPI charges 0.65%/yr vs 1.06%/yr for SOXY.

Performance

AIPI vs. SOXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX AI Equity Premium Income ETF (AIPI) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIPI achieves a 4.13% return, which is significantly lower than SOXY's 58.34% return.

AIPI

• 1D: 1.58%
• 1M: -2.23%
• 6M: 7.30%
• YTD: 4.13%
• 1Y: 14.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.03%

SOXY

• 1D: 0.60%
• 1M: -12.01%
• 6M: 42.45%
• YTD: 58.34%
• 1Y: 93.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 58.65%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIPI REX AI Equity Premium Income ETF	$5.04M	$5.69M	$6.82M
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	$2.13M	$2.44M	$2.09M

AIPI vs. SOXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIPI REX AI Equity Premium Income ETF	4.13%	16.38%	-1.25%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	58.34%	37.00%	-0.99%

Correlation

The correlation between AIPI and SOXY is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024	0.74

The correlation between AIPI and SOXY has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.

AIPI vs. SOXY - Sectors Allocation Comparison

Sectors	AIPI	SOXY
Technology	91.6%	100.0%
Communication Services	5.6%	0.0%
Consumer Cyclical	2.8%	0.0%
Basic Materials	-	0.0%
Consumer Defensive	-	0.0%
Energy	-	0.0%
Financial Services	-	0.1%
Healthcare	-	0.0%
Industrials	-	0.0%
Real Estate	-	-
Utilities	-	0.0%

Return for Risk

AIPI vs. SOXY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AIPI

AIPI Risk / Return Rank: 28
AIPI Sharpe Ratio Rank: 29
AIPI Sortino Ratio Rank: 28
AIPI Omega Ratio Rank: 28
AIPI Calmar Ratio Rank: 28
AIPI Martin Ratio Rank: 29

SOXY

SOXY Risk / Return Rank: 87
SOXY Sharpe Ratio Rank: 91
SOXY Sortino Ratio Rank: 83
SOXY Omega Ratio Rank: 85
SOXY Calmar Ratio Rank: 85
SOXY Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AIPI vs. SOXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX AI Equity Premium Income ETF (AIPI) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). 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	SOXY	Difference
Sharpe ratio: Return per unit of total volatility	0.71	2.30	-1.59
Sortino ratio: Return per unit of downside risk	1.06	2.73	-1.67
Omega ratio: Gain probability vs. loss probability	1.13	1.37	-0.23
Calmar ratio: Return relative to maximum drawdown	0.88	3.21	-2.33
Martin ratio: Return relative to average drawdown	2.50	14.50	-12.00

AIPI vs. SOXY - Sharpe Ratio Comparison

The current AIPI Sharpe Ratio is 0.71, which is lower than the SOXY Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of AIPI and SOXY, 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. SOXY - Drawdown Comparison

The maximum AIPI drawdown since its inception was -25.25%, smaller than the maximum SOXY drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for AIPI and SOXY.

Drawdown Indicators

	AIPI	SOXY	Difference
Max Drawdown Largest peak-to-trough decline	-25.25%	-30.22%	+4.97%
Max Drawdown (1Y) Largest decline over 1 year	-14.40%	-28.56%	+14.16%
Current Drawdown Current decline from peak	-6.68%	-21.71%	+15.03%
Average Drawdown Average peak-to-trough decline	-4.68%	-5.49%	+0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.08%	6.31%	-1.23%

Volatility

AIPI vs. SOXY - Volatility Comparison

The current volatility for REX AI Equity Premium Income ETF (AIPI) is 6.35%, while YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) has a volatility of 18.62%. This indicates that AIPI experiences smaller price fluctuations and is considered to be less risky than SOXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIPI	SOXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	18.62%	-12.27%
Volatility (6M) Calculated over the trailing 6-month period	14.80%	35.73%	-20.93%
Volatility (1Y) Calculated over the trailing 1-year period	18.00%	39.94%	-21.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.48%	39.31%	-17.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.48%	39.31%	-17.83%

AIPI vs. SOXY - Expense Ratio Comparison

AIPI has a 0.65% expense ratio, which is lower than SOXY's 1.06% expense ratio.

Dividends

AIPI vs. SOXY - Dividend Comparison

AIPI's dividend yield for the trailing twelve months is around 37.35%, more than SOXY's 9.41% yield.

Position	TTM	2025	2024
AIPI REX AI Equity Premium Income ETF	37.35%	37.84%	18.13%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	9.41%	11.47%	0.00%

Frequently Asked Questions

Can I hold both AIPI and SOXY in my portfolio?

AIPI and SOXY have a correlation of 0.67, 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 SOXY?

SOXY has higher volatility (18.62%) compared to AIPI (6.35%). In terms of maximum drawdown, AIPI dropped -25.25% vs SOXY's -30.22%.

Which ETF is better, AIPI or SOXY?

On 1-year performance, SOXY leads with 93.60% vs 14.45% for AIPI. On fees, AIPI is cheaper at 0.65% per year. On volatility, AIPI has been the lower-risk option at 6.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIPI or SOXY?

Over the 1-year period, SOXY has performed better with a 93.60% return vs 14.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIPI or SOXY?

AIPI is cheaper with a 0.65% expense ratio, compared with 1.06% for SOXY.

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

AIPI has the higher dividend yield at 37.35%, compared with 9.41% for SOXY.

What is the main difference between AIPI and SOXY?

They also come from different issuers: REX and YieldMax. Their fees differ too: 0.65% for AIPI and 1.06% for SOXY.

Which has better risk-adjusted returns?

SOXY currently has the higher Sharpe Ratio (2.30 vs 0.71), 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.