EPAI vs. AIPO

Last updated Jul 17, 2026

EPAI (Harbor AI Inflection Strategy ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - EPAI is a Technology Equities fund actively managed by Harbor, while AIPO is a Building & Construction fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. EPAI is actively managed, while AIPO is passively managed. Their correlation of 0.87 suggests significant overlap in exposure. EPAI charges 0.88%/yr vs 0.69%/yr for AIPO.

Performance

EPAI vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor AI Inflection Strategy ETF (EPAI) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPAI achieves a 35.72% return, which is significantly higher than AIPO's 32.32% return.

EPAI

• 1D: -2.76%
• 1M: -7.50%
• 6M: 23.11%
• YTD: 35.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -4.06%
• 1M: -9.52%
• 6M: 21.25%
• YTD: 32.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EPAI vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
EPAI Harbor AI Inflection Strategy ETF	35.72%	-0.33%
AIPO Defiance AI & Power Infrastructure ETF	32.32%	4.06%

Correlation

The correlation between EPAI and AIPO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025	0.87

Return for Risk

EPAI vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor AI Inflection Strategy ETF (EPAI) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

EPAI vs. AIPO - Drawdown Comparison

The maximum EPAI drawdown since its inception was -14.76%, smaller than the maximum AIPO drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for EPAI and AIPO.

Drawdown Indicators

	EPAI	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-14.76%	-17.31%	+2.55%
Current Drawdown Current decline from peak	-14.76%	-15.82%	+1.06%
Average Drawdown Average peak-to-trough decline	-3.30%	-4.77%	+1.47%

Volatility

Volatility by Period

	EPAI	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	35.83%	36.08%	-0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.83%	36.08%	-0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.83%	36.08%	-0.25%

EPAI vs. AIPO - Expense Ratio Comparison

EPAI has a 0.88% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

EPAI vs. AIPO - Dividend Comparison

EPAI has not paid dividends to shareholders, while AIPO's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
EPAI Harbor AI Inflection Strategy ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both EPAI and AIPO in my portfolio?

EPAI and AIPO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EPAI or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EPAI or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 0.88% for EPAI.

Which ETF pays a higher dividend yield, EPAI or AIPO?

AIPO has the higher dividend yield at 0.01%, compared with 0.00% for EPAI.

What is the main difference between EPAI and AIPO?

EPAI is categorized as Technology Equities, while AIPO is Building & Construction. They also come from different issuers: Harbor and Defiance. Their fees differ too: 0.88% for EPAI and 0.69% for AIPO.