Data as of . Every figure is the income desk's own, on published data.
AIPI vs JEPI
What they hold in common
By the books each fund has filed, AIPI and JEPI hold 11% of their money in the same securities at the same weight.
| Holding | AIPI | JEPI |
|---|---|---|
| NVIDIA CORPORATION | 8.23% | 1.53% |
| APPLE INC. | 2.58% | 1.53% |
| ALPHABET INC. | 2.29% | 1.52% |
| AMAZON.COM, INC. | 2.34% | 1.48% |
| BROADCOM INC. | 2.46% | 1.33% |
| MICROSOFT CORPORATION | 2.52% | 1.30% |
| META PLATFORMS, INC. | 2.41% | 1.22% |
| ADVANCED MICRO DEVICES, INC. | 3.32% | 0.47% |
| ARISTA NETWORKS, INC. | 2.14% | 0.22% |
| Only in AIPI | Only in JEPI |
|---|---|
| CROWDSTRIKE HOLDINGS, INC. 11.93% | AbbVie, Inc. 1.74% |
| PALANTIR TECHNOLOGIES INC. 8.40% | Howmet Aerospace, Inc. 1.70% |
| Astera Labs, Inc 7.20% | Johnson & Johnson 1.68% |
| DATADOG, INC. 6.65% | Eaton Corp. plc 1.64% |
| MICRON TECHNOLOGY, INC. 4.15% | Trane Technologies plc 1.62% |
| SUPER MICRO COMPUTER, INC. 3.95% | Lam Research Corp. 1.57% |
| IONQ Inc 3.62% | Ross Stores, Inc. 1.52% |
| PALO ALTO NETWORKS, INC. 3.61% | NextEra Energy, Inc. 1.50% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Jun 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| AIPI | JEPI | AIPI | JEPI | AIPI | JEPI | |
| 3 months | +7.3% | +5.1% | 8.4% | 2.0% | +4.5 pts | +0.4 pts |
| 6 months | +21.6% | +2.7% | 16.1% | 4.1% | −9.4 pts | −12.4 pts |
| 1 year | +25.5% | +9.2% | 31.2% | 8.1% | −17.3 pts | −10.7 pts |
| 3 years | n/a | +31.9% | n/a | 24.6% | n/a | −46.0 pts |
| Since launch | +54.8% | +96.0% | 63.2% | 60.9% | −37.0 pts | −89.0 pts |
| AIPI REX AI EQUITY PREMIUM INCOME ETF | JEPI JPMorgan Equity Premium Income ETF | |
|---|---|---|
| Issuer | REX | JPMorgan |
| Strategy | covered call | covered call |
| Benchmark | AI and technology (AIQ), used as the AI proxy | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualised | 35.0% | 7.8% |
| Expense ratio | 0.65% | 0.35% |
| Cash paid, 1 year | 31.2% | 8.1% |
| Price change, 1 year | −10.2% | +0.8% |
| Total return, 1 year | +25.5% | +9.2% |
| Benchmark return, 1 year | +42.9% | +20.0% |
| Ahead or behind | −17.3 pts | −10.7 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 822 days | 2297 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).
JEPI in plain words
Over the year to Sep 4, 2026, JEPI paid 8.1% of its starting value in cash distributions while its price rose 0.8%. With every distribution reinvested, the fund returned +9.2%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 10.7 pts. At its price on Sep 4, 2026 the latest distribution annualises to 7.8%, paid monthly.
Questions people ask
- Which paid more, AIPI or JEPI?
- Over the year to Sep 4, 2026, AIPI paid 31.2% of its starting price in cash and JEPI paid 8.1%, 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 JEPI?
- With every distribution reinvested, AIPI returned +25.5% and JEPI returned +9.2% over the year to Sep 4, 2026, so AIPI returned more.
- Which is cheaper, AIPI or JEPI?
- AIPI charges 0.65% a year and JEPI charges 0.35%, so JEPI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AIPI against JEPI, data as of Sep 4, 2026. https://etfiq.com/compare/income/AIPI-JEPI.html Free to use with attribution; the underlying files are at Open data.