YMAG vs. AIPI
Compare and contrast key facts about YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and REX AI Equity Premium Income ETF (AIPI).
YMAG and AIPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024. AIPI is an actively managed fund by REX. It was launched on Jun 3, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YMAG or AIPI.
Correlation
The correlation between YMAG and AIPI is 0.77, 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
YMAG vs. AIPI - Performance Comparison
Key characteristics
YMAG:
19.16%
AIPI:
19.56%
YMAG:
-14.27%
AIPI:
-15.85%
YMAG:
-4.00%
AIPI:
-0.86%
Returns By Period
In the year-to-date period, YMAG achieves a 0.31% return, which is significantly lower than AIPI's 2.27% return.
YMAG
0.31%
-0.78%
12.70%
N/A
N/A
N/A
AIPI
2.27%
1.33%
12.31%
N/A
N/A
N/A
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YMAG vs. AIPI - Expense Ratio Comparison
YMAG has a 1.28% expense ratio, which is higher than AIPI's 0.65% expense ratio.
Risk-Adjusted Performance
YMAG vs. AIPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and REX AI Equity Premium Income ETF (AIPI). 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.
Not enough dataDividends
YMAG vs. AIPI - Dividend Comparison
YMAG's dividend yield for the trailing twelve months is around 38.83%, more than AIPI's 17.73% yield.
| TTM | 2024 | |
|---|---|---|
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 38.83% | 35.22% |
AIPI REX AI Equity Premium Income ETF | 17.73% | 18.13% |
Drawdowns
YMAG vs. AIPI - Drawdown Comparison
The maximum YMAG drawdown since its inception was -14.27%, smaller than the maximum AIPI drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for YMAG and AIPI. For additional features, visit the drawdowns tool.
Volatility
YMAG vs. AIPI - Volatility Comparison
YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a higher volatility of 6.44% compared to REX AI Equity Premium Income ETF (AIPI) at 5.81%. This indicates that YMAG's price experiences larger fluctuations and is considered to be riskier than AIPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.