PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AIPI vs. SPYI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AIPISPYI
Daily Std Dev20.78%9.14%
Max Drawdown-15.85%-10.19%
Current Drawdown-0.95%-0.13%

Correlation

-0.50.00.51.00.8

The correlation between AIPI and SPYI is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

AIPI vs. SPYI - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovember
13.96%
11.03%
AIPI
SPYI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AIPI vs. SPYI - Expense Ratio Comparison

AIPI has a 0.65% expense ratio, which is lower than SPYI's 0.68% expense ratio.


SPYI
NEOS S&P 500 High Income ETF
Expense ratio chart for SPYI: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for AIPI: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

AIPI vs. SPYI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for REX AI Equity Premium Income ETF (AIPI) and NEOS S&P 500 High Income ETF (SPYI). 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.


AIPI
Sharpe ratio
No data
SPYI
Sharpe ratio
The chart of Sharpe ratio for SPYI, currently valued at 2.72, compared to the broader market-2.000.002.004.006.002.72
Sortino ratio
The chart of Sortino ratio for SPYI, currently valued at 3.64, compared to the broader market-2.000.002.004.006.008.0010.0012.003.64
Omega ratio
The chart of Omega ratio for SPYI, currently valued at 1.59, compared to the broader market1.001.502.002.503.001.59
Calmar ratio
The chart of Calmar ratio for SPYI, currently valued at 3.77, compared to the broader market0.005.0010.0015.003.77
Martin ratio
The chart of Martin ratio for SPYI, currently valued at 18.93, compared to the broader market0.0020.0040.0060.0080.00100.0018.93

AIPI vs. SPYI - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

AIPI vs. SPYI - Dividend Comparison

AIPI's dividend yield for the trailing twelve months is around 11.46%, which matches SPYI's 11.54% yield.


TTM20232022
AIPI
REX AI Equity Premium Income ETF
11.46%0.00%0.00%
SPYI
NEOS S&P 500 High Income ETF
11.54%12.01%4.10%

Drawdowns

AIPI vs. SPYI - Drawdown Comparison

The maximum AIPI drawdown since its inception was -15.85%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for AIPI and SPYI. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovember
-0.95%
-0.13%
AIPI
SPYI

Volatility

AIPI vs. SPYI - Volatility Comparison

REX AI Equity Premium Income ETF (AIPI) has a higher volatility of 5.21% compared to NEOS S&P 500 High Income ETF (SPYI) at 2.65%. This indicates that AIPI's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10
5.21%
2.65%
AIPI
SPYI