Which paid more, AIPI or FEPI?

Over the year to Sep 4, 2026, AIPI paid 31.2% of its starting price in cash and FEPI paid 23.2%, so AIPI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, AIPI or FEPI?

With every distribution reinvested, AIPI returned +25.5% and FEPI returned +17.8% over the year to Sep 4, 2026, so AIPI returned more.

Which is cheaper, AIPI or FEPI?

AIPI charges 0.65% a year and FEPI charges 0.65%, so AIPI is cheaper. Fees come from each fund's prospectus.

Data as of Sep 4, 2026. Every figure is the income desk's own, on published data.

AIPI vs FEPI

Name: ETFIQ comparison of AIPI and FEPI
Creator: ETFIQ

REX AI EQUITY PREMIUM INCOME ETF and REX FANG & Innovation Equity Premium Income ETF, side by side on the income desk.

Open the live comparison on ETFIQ

AIPI and FEPI on the income desk fields, as of Sep 4, 2026. Source: ETFIQ.
	AIPI REX AI EQUITY PREMIUM INCOME ETF	FEPI REX FANG & Innovation Equity Premium Income ETF
Issuer	REX	REX
Strategy	covered call	covered call
Benchmark	AI and technology (AIQ), used as the AI proxy	Nasdaq-100 (QQQ), used as the innovation proxy
Pays	weekly	weekly
Payout rate, annualised	35.0%	25.1%
Expense ratio	0.65%	0.65%
Cash paid, 1 year	31.2%	23.2%
Price change, 1 year	−10.2%	−7.5%
Total return, 1 year	+25.5%	+17.8%
Benchmark return, 1 year	+42.9%	+25.6%
Ahead or behind	−17.3 pts	−7.8 pts
Return of capital, latest estimate	100%	not published
Age	822 days	1059 days

AIPI in plain words

Over the year to Sep 4, 2026, AIPI paid 31.2% of its starting value in cash distributions while its price fell 10.2%. With every distribution reinvested, the fund returned +25.5%. AI and technology (AIQ), used as the AI proxy returned +42.9% over the same days, so a holder was behind by 17.3 pts. At its price on Sep 4, 2026 the latest distribution annualises to 35.0%, paid weekly. REX estimates that 100% of the distribution paid was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).

FEPI in plain words

Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting value in cash distributions while its price fell 7.5%. With every distribution reinvested, the fund returned +17.8%. Nasdaq-100 (QQQ), used as the innovation proxy returned +25.6% over the same days, so a holder was behind by 7.8 pts. At its price on Sep 4, 2026 the latest distribution annualises to 25.1%, paid weekly.

Questions people ask

Which paid more, AIPI or FEPI?: Over the year to Sep 4, 2026, AIPI paid 31.2% of its starting price in cash and FEPI paid 23.2%, so AIPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, AIPI or FEPI?: With every distribution reinvested, AIPI returned +25.5% and FEPI returned +17.8% over the year to Sep 4, 2026, so AIPI returned more.
Which is cheaper, AIPI or FEPI?: AIPI charges 0.65% a year and FEPI charges 0.65%, so AIPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Cite this page. ETFIQ, AIPI against FEPI, data as of Sep 4, 2026. https://etfiq.com/compare/income/AIPI-FEPI.html Free to use with attribution; the underlying files are at Open data.

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources