Which paid more, AIPI or CONY?

Over the year to Oct 28, 2026, AIPI paid 30.4% of its starting price in cash and CONY paid 32.2%, so CONY 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 CONY?

With every distribution reinvested, AIPI returned +15.5% and CONY −46.4% over the year to Oct 28, 2026.

Which is cheaper, AIPI or CONY?

AIPI charges 0.65% a year and CONY charges 1.04%, so AIPI is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Income ETFs

AIPI vs CONY: Dividend Yield & Total Return

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Over the year to Oct 28, 2026, CONY paid 32.2% of its price in cash against AIPI’s 30.4%, though AIPI returned more with it reinvested.

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Net assets on Oct 27, 2026: $490m for REX AI EQUITY PREMIUM INCOME ETF and $339m for YieldMax COIN Option Income Strategy ETF.

AIPI on its own →CONY on its own →

At a glance

30.4%

AIPI cash paid, 1 year

32.2%

CONY cash paid, 1 year

+15.5%

AIPI total return, 1 year

−46.4%

CONY total return, 1 year

AIPI · 1 year to Oct 28, 2026 1.9 pts ahead of SPY

AIPI

+15.5%

SPY

+13.6%

1.9 pts ahead of SPY

AIPI over 1 year: paid 30.4%, price −19.4%, total +15.5%, SPY +13.6%, +1.9 pts. Data to Oct 28, 2026.

SPY

+13.6%

AIPI

+15.5%

30.4% as cash

1.9 pts ahead of SPY

Total return, distributions reinvested

1.9 pts ahead of SPY

AIPI over 1 year: paid 30.4%, price −19.4%, total +15.5%, SPY +13.6%, +1.9 pts. Data to Oct 28, 2026.

SPY

+13.6%

AIPI

+15.5%

1.9 pts ahead of SPY

30.4% of it arrived as cash. Total return, distributions reinvested. AIPI over 1 year: paid 30.4%, price −19.4%, total +15.5%, SPY +13.6%, +1.9 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

CONY · 1 year to Oct 28, 2026 7.9 pts ahead of COIN

CONY

−46.4%

COIN

−54.3%

7.9 pts ahead of COIN

CONY over 1 year: paid 32.2%, price −73.9%, total −46.4%, COIN −54.3%, +7.9 pts. Data to Oct 28, 2026.

COIN

−54.3%

CONY

−46.4%

7.9 pts ahead of COIN

Total return, distributions reinvested

7.9 pts ahead of COIN

CONY over 1 year: paid 32.2%, price −73.9%, total −46.4%, COIN −54.3%, +7.9 pts. Data to Oct 28, 2026.

COIN

−54.3%

CONY

−46.4%

7.9 pts ahead of COIN

32.2% of it arrived as cash. Both charts share one scale, with zero at the line. CONY over 1 year: paid 32.2%, price −73.9%, total −46.4%, COIN −54.3%, +7.9 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

AIPI costs 0.39 points a year less; their one-year returns differ by 61.9 points; AIPI is 1.4 times larger.

Points (pts) are percentage points.

AIPI vs CONY: Dividend Yield & Total Return
Measure	AIPI	CONY
Paid and earned
Measure	AIPI	CONY
Total return, 1 year	+15.5%	−46.4%
Price change, 1 year	fell 19.4%	fell 73.9%
Return of capital, issuer estimate	100% of the Oct 8, 2026 payment	21% of the Oct 30, 2026 payment
Against its benchmark
Measure	AIPI	CONY
Benchmark	S&P 500, measured through SPY	Coinbase (COIN)
Cost and size
Measure	AIPI	CONY
Expense ratio	0.65%	1.04%
Net assets, as of Oct 27, 2026	$490m	$339m
Holdings
Measure	AIPI	CONY
Holdings in common	0%

ETFIQ Distribution Coverage Score · AIPI scores higher How much of what it paid out did its total return cover?

AIPI among the 164 income ETFs not writing on a single company

IQ Income Score36.3AIPI16.9CONY

How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company and 74 income ETFs writing on a single company. 100 is best. How it is computed

AIPI 36.3

0.3, the lowest in this set 99.7, the highest

CONY among the 74 income ETFs writing on a single company

CONY 16.9

0.7, the lowest in this set 99.3, the highest

A percentile among the 164 income ETFs not writing on a single company. CONY is a percentile among the 74 income ETFs writing on a single company, a different set, so the two marks are not on one scale. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Holdings in common uses holdings dated May 31, 2026 and Oct 28, 2026. Method

Risk and return

Jun 14, 2024 to Oct 23, 2026 · 123 weekly returns

AIPI CONY

Return

Total return edge AIPI +44.7% −41.0%

Annualized edge AIPI +16.9% −20.0%

Price return edge AIPI −34.5% −92.1%

Risk

Volatility edge AIPI 21.3% 59.9%

Max drawdown edge AIPI −24.9% −60.8%

Downside capture 116.5% 97.3%

Beta 1.22 0.74

Risk-adjusted

Sharpe edge AIPI 0.64 −0.15

Sortino edge AIPI 0.92 −0.23

Treynor 0.112 0.315

Calmar edge AIPI 0.68 −0.33

Against the benchmark

Alpha −1.4% a year −13.1% a year

Alpha t-stat −0.19 −1.62

Information ratio 0.12 −1.04

Tracking error 11.7% 25.2%

Each against its own benchmark: AIPI against SPY, Jun 14, 2024 to Oct 23, 2026; CONY against COIN, Aug 25, 2023 to Oct 23, 2026.

Reading

AIPI returned more: +44.7% to −41.0%. AIPI swung less: 21.3% to 59.9%. AIPI fell less at its worst: −24.9% to −60.8%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: AIPI vs CONY: Dividend Yield & Total Return
Measure	AIPI	CONY	Edge	How it is measured
Return
Total return	+44.7%	−41.0%	AIPI	Price change plus distributions, reinvested.
Annualized	+16.9%	−20.0%	AIPI	Total return as a yearly rate.
Price return	−34.5%	−92.1%	AIPI	Price change alone, distributions left out.
Risk
Volatility	21.3%	59.9%	AIPI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	15.0%	39.7%	AIPI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−24.9%	−60.8%	AIPI	Deepest fall from a high to the low after it.
Upside capture	130.1%	33.2%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	116.5%	97.3%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.22	0.74	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.72	0.94	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.64	−0.15	AIPI	Return above Treasury bills per unit of volatility.
Sortino	0.92	−0.23	AIPI	Return above Treasury bills per unit of downside deviation.
Treynor	0.112	0.315		Return above Treasury bills per unit of beta.
Calmar	0.68	−0.33	AIPI	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	SPY	COIN		The ETF each fund is measured against.
Alpha	−1.4% a year	−13.1% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−0.19	−1.62	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−16.0% to +13.2%	−29.1% to +2.8%	Includes zero	The 95% range for the yearly alpha.
Information ratio	0.12	−1.04		Return against its benchmark per unit of tracking error.
Tracking error	11.7%	25.2%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 123 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, AIPI and CONY hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 28, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIPI CONY

Only in one fund ↓

Only in AIPI

CROWDSTRIKE HOLDINGS, INC. 12.93%

PALANTIR TECHNOLOGIES INC. 9.11%

NVIDIA CORPORATION 8.92%

Astera Labs, Inc 7.80%

DATADOG, INC. 7.21%

MICRON TECHNOLOGY, INC. 4.50%

SUPER MICRO COMPUTER, INC. 4.28%

IONQ Inc 3.92%

Only in CONY

United States Treasury Note/Bond 2.375% 05/15/2027 27.08%

United States Treasury Note/Bond 3.375% 09/15/2027 15.23%

COIN US 11/20/26 C170 3.18%

COIN US 12/18/26 C185 2.34%

COIN US 10/30/26 C180 0.50%

COIN US 10/30/26 C177.5 0.19%

COIN US 10/30/26 C182.5 0.13%

COIN US 10/30/26 C185 0.04%

Check overlap with more funds →

Side by side

AIPI REX AI EQUITY PREMIUM INCOME ETF · Covered call on SPY, paying weekly CONY YieldMax COIN Option Income Strategy ETF · Synthetic covered call on COIN, paying weekly

Issuer REX YieldMax

Strategy covered call synthetic covered call

Benchmark S&P 500 (SPY) Coinbase (COIN)

Pays weekly weekly

Payout rate, annualized 34.3% 58.5%

Expense ratio 0.65% 1.04%

Cash paid, 1 year 30.4% 32.2%

Price change, 1 year −19.4% −73.9%

Total return, 1 year +15.5% −46.4%

Benchmark return, 1 year +13.6% −54.3%

Ahead or behind +1.9 pts +7.9 pts

Return of capital, latest estimate 100% 21%

Age 2.4 years 3.2 years

Net assets, as of Oct 27, 2026 $490m $339m

As of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: AIPI vs CONY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	AIPI	CONY	AIPI	CONY	AIPI	CONY
3 months	+19.0%	+4.5%	9.7%	17.6%	+12.9 pts	+3.1 pts
6 months	+18.5%	−5.0%	15.9%	30.0%	+9.4 pts	+5.7 pts
1 year	+15.5%	−46.4%	30.4%	32.2%	+1.9 pts	+7.9 pts
3 years	–	+33.8%	–	180.5%	–	−95.5 pts
Since launchNot the same days: AIPI Jun 2024 · CONY Aug 2023	+58.9%	+30.9%	67.1%	172.2%	+8.5 pts	−74.1 pts

– means no data for this window. Open this comparison in the app →

Client brief

No client brief for this pair: the two funds' holdings are dated 150 days apart.

Alert

About each fund

AIPI

Over the year to Oct 28, 2026, AIPI paid 30.4% of its starting value in cash distributions while its price fell 19.4%. With every distribution reinvested, the fund returned +15.5%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 34.3%, paid weekly. REX estimates that 100% of the distribution paid Oct 8, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

CONY

Over the year to Oct 28, 2026, CONY paid 32.2% of its starting value in cash distributions while its price fell 73.9%. With every distribution reinvested, the fund returned −46.4%. Coinbase (COIN) returned −54.3% over the same days, so a holder was ahead by 7.9 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 58.5%, paid weekly. YieldMax estimates that 21% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, AIPI or CONY?: Over the year to Oct 28, 2026, AIPI paid 30.4% of its starting price in cash and CONY paid 32.2%, so CONY 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 CONY?: With every distribution reinvested, AIPI returned +15.5% and CONY −46.4% over the year to Oct 28, 2026.
Which is cheaper, AIPI or CONY?: AIPI charges 0.65% a year and CONY charges 1.04%, so AIPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIPI vs ULTY AIPI vs TDVI AIPI vs TSLY AIPI vs FEPI CONY vs XDTE CONY vs ISPY CONY vs BALI CONY vs XYLD

Where to next

S&P 500 (SPY) →AIPI on its own →CONY on its own →AIPI dividend history →AIPI holdings →CONY dividend history →CONY holdings →Method →Standards and sources →

Sources and dates

AIPI filings on SEC EDGAR ↗

AIPI prospectus with the expense ratio (SEC) ↗

AIPI 19a-1 distribution notice ↗

REX page for AIPI ↗

CONY filings on SEC EDGAR ↗

CONY prospectus with the expense ratio (SEC) ↗

CONY 19a-1 distribution notice ↗

YieldMax page for CONY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, AIPI against CONY, data as of Oct 28, 2026. https://etfiq.com/compare/income/aipi-vs-cony

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.