WFH vs. AIPO

Last updated Jun 4, 2026

WFH (Direxion Work From Home ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both Technology Equities funds - WFH tracks the Solactive Remote Work Index while AIPO tracks the MarketVector™ US Listed AI and Power Infrastructure Index. Both are passively managed. At a 0.28 correlation, their price movements are largely independent. WFH charges 0.45%/yr vs 0.69%/yr for AIPO.

Performance

WFH vs. AIPO - Performance Comparison

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

Returns By Period

WFH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -0.74%
• 1M: 3.63%
• YTD: 50.90%
• 6M: 40.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WFH vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
WFH Direxion Work From Home ETF	0.00%	6.31%
AIPO Defiance AI & Power Infrastructure ETF	50.90%	8.68%

Correlation

The correlation between WFH and AIPO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 28, 2025	0.28

WFH vs. AIPO - Sectors Allocation Comparison

Sectors	WFH	AIPO
Technology	86.2%	16.5%
Communication Services	9.4%	0.5%
Consumer Cyclical	2.3%	-
Industrials	2.2%	57.1%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	6.9%
Financial Services	-	3.6%
Healthcare	-	-
Real Estate	-	1.0%
Utilities	-	14.4%

Return for Risk

WFH vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Work From Home ETF (WFH) 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.

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

Sharpe Ratios by Period

	WFH	AIPO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.30	—

Drawdowns

Drawdown Indicators

	WFH	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.31%	—
Current Drawdown Current decline from peak	—	-1.85%	—
Average Drawdown Average peak-to-trough decline	—	-4.37%	—

Volatility

Volatility by Period

	WFH	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	34.02%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	34.02%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	34.02%	—

WFH vs. AIPO - Expense Ratio Comparison

WFH has a 0.45% expense ratio, which is lower than AIPO's 0.69% expense ratio.

Dividends

WFH vs. AIPO - Dividend Comparison

WFH's dividend yield for the trailing twelve months is around 0.91%, more than AIPO's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
WFH Direxion Work From Home ETF	0.91%	0.94%	0.50%	0.67%	0.42%	0.79%	0.86%

Frequently Asked Questions

Can I hold both WFH and AIPO in my portfolio?

WFH and AIPO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WFH or AIPO?

On fees, WFH is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WFH or AIPO?

WFH is cheaper with a 0.45% expense ratio, compared with 0.69% for AIPO.

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

WFH has the higher dividend yield at 0.91%, compared with 0.01% for AIPO.

What is the main difference between WFH and AIPO?

WFH tracks Solactive Remote Work Index, while AIPO tracks MarketVector™ US Listed AI and Power Infrastructure Index. They also come from different issuers: Direxion and Defiance. Their fees differ too: 0.45% for WFH and 0.69% for AIPO.