Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

AIPI vs BALI: which paid, and which earned it?

Over the year AIPI paid 31.3% of its price in cash against BALI’s 8.5%, and returned more with it reinvested.

REX AI EQUITY PREMIUM INCOME ETF and iShares U.S. Large Cap Premium Income Active ETF, side by side, income ETFs on ETFIQ.

31.3%AIPI cash paid, 1 year
8.5%BALI cash paid, 1 year
+23.7%AIPI total return, 1 year
+18.9%BALI total return, 1 year

ETFIQ Return Stability Score: BALI scores higher

Was the payout funded by returns, or by your own capital?

AIPI 24.5BALI 86.13.2, the lowest in this set96.9, the highest

A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

AIPI12 pts behind AIQ · 1 year to Sep 11, 2026
AIQ+35.7%AIPI+23.7%31.3% of it arrived as cash12 pts behind AIQTotal return, distributions reinvestedAIQ+35.7%AIPI+23.7%31.3% cash12 pts behind AIQ
BALI1.4 pts ahead of SPY · 1 year to Sep 11, 2026
SPY+17.5%BALI+18.9%8.5% as cash1.4 pts ahead of SPYTotal return, distributions reinvestedSPY+17.5%BALI+18.9%1.4 pts ahead of SPY

What they hold in common

By the books each fund has filed, AIPI and BALI hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in AIPIOnly in BALI
CROWDSTRIKE HOLDINGS, INC. 11.93%NVIDIA 7.38%
PALANTIR TECHNOLOGIES INC. 8.40%APPLE 6.04%
NVIDIA CORPORATION 8.23%MICROSOFT 5.32%
Astera Labs, Inc 7.20%AMAZON.COM INC 3.35%
DATADOG, INC. 6.65%ALPHABET CLASS A 2.52%
MICRON TECHNOLOGY, INC. 4.15%BLK CSH FND TREASURY SL AGENCY 2.46%
SUPER MICRO COMPUTER, INC. 3.95%ALPHABET CLASS C 2.33%
IONQ Inc 3.62%BROADCOM INC 2.23%

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 dated May 31, 2026 and Sep 10, 2026.

Performance, window by window

AIPI and BALI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
AIPIBALIAIPIBALIAIPIBALI
3 months+8.2%+4.4%8.5%2.0%+8.2 pts+1.1 pts
6 months+21.7%+15.0%16.8%4.7%−10.6 pts−1.0 pts
1 year+23.7%+18.9%31.3%8.5%−12.0 pts+1.4 pts
Since launch+54.8%+76.3%63.7%29.2%−36.0 pts−8.2 pts
Open the live comparison on ETFIQ
AIPI and BALI on the same fields, as of Sep 11, 2026. Source: ETFIQ.
AIPI
REX AI EQUITY PREMIUM INCOME ETF
Covered call on AIQ, paying weekly
BALI
iShares U.S. Large Cap Premium Income Active ETF
Covered call on SPY, paying monthly
IssuerREXiShares
Strategycovered callcovered call
BenchmarkAI and technology (AIQ), used as the AI proxyS&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized35.0%7.5%
Expense ratio0.65%0.35%
Cash paid, 1 year31.3%8.5%
Price change, 1 year−12.2%+9.5%
Total return, 1 year+23.7%+18.9%
Benchmark return, 1 year+35.7%+17.5%
Ahead or behind−12.0 pts+1.4 pts
Return of capital, latest estimate100%not published
Age829 days1079 days

AIPI in plain words

Over the year to Sep 11, 2026, AIPI paid 31.3% of its starting value in cash distributions while its price fell 12.2%. With every distribution reinvested, the fund returned +23.7%. AI and technology (AIQ), used as the AI proxy returned +35.7% over the same days, so a holder was behind by 12.0 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 35.0%, paid weekly. REX estimates that 100% of the distribution paid was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

BALI in plain words

Over the year to Sep 11, 2026, BALI paid 8.5% of its starting value in cash distributions while its price rose 9.5%. With every distribution reinvested, the fund returned +18.9%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was ahead by 1.4 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 7.5%, paid monthly.

Questions people ask

Which paid more, AIPI or BALI?
Over the year to Sep 11, 2026, AIPI paid 31.3% of its starting price in cash and BALI paid 8.5%, 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 BALI?
With every distribution reinvested, AIPI returned +23.7% and BALI returned +18.9% over the year to Sep 11, 2026, so AIPI returned more.
Which is cheaper, AIPI or BALI?
AIPI charges 0.65% a year and BALI charges 0.35%, so BALI 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.

AIPI against BALI, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AIPI against BALI, data as of Sep 11, 2026. https://etfiq.com/compare/income/aipi-vs-bali Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources