WFH vs. AIPO

Last updated Apr 1, 2026

Compare and contrast key facts about Direxion Work From Home ETF (WFH) and Defiance AI & Power Infrastructure ETF (AIPO).

WFH and AIPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WFH is a passively managed fund by Direxion that tracks the performance of the Solactive Remote Work Index. It was launched on Jun 25, 2020. AIPO is a passively managed fund by Defiance that tracks the performance of the MarketVector™ US Listed AI and Power Infrastructure Index. It was launched on Jul 24, 2025. Both WFH and AIPO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

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	12.84%	8.68%

Returns By Period

WFH

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

AIPO

• 1D: 4.70%
• 1M: -4.73%
• YTD: 12.84%
• 6M: 10.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WFH vs. AIPO - Expense Ratio Comparison

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

AIPO

Defiance AI & Power Infrastructure ETF

WFH

Direxion Work From Home ETF

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	—	1.03	—

Correlation

The correlation between WFH and AIPO is 0.32, 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.

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.

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

Drawdowns

Drawdown Indicators

	WFH	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.31%	—
Current Drawdown Current decline from peak	—	-7.04%	—
Average Drawdown Average peak-to-trough decline	—	-5.03%	—

Volatility

Volatility by Period

	WFH	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	34.05%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	34.05%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	34.05%	—