Which paid more, AIPI or EIPI?

Over the year to Nov 4, 2026, AIPI paid 29.2% of its starting price in cash and EIPI paid 7.7%, 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 EIPI?

With every distribution reinvested, AIPI returned +5.3% and EIPI +21.8% over the year to Nov 4, 2026.

Which is cheaper, AIPI or EIPI?

AIPI charges 0.65% a year and EIPI charges 1.11%, so AIPI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

AIPI vs EIPI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, AIPI paid 29.2% of its price in cash against EIPI’s 7.7%, though EIPI returned more with it reinvested.

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Net assets on Nov 3, 2026: $446m for REX AI EQUITY PREMIUM INCOME ETF and $1.1bn for FT Energy Income Partners Enhanced Income ETF.

AIPI on its own →EIPI on its own →

At a glance

29.2%

AIPI cash paid, 1 year

7.7%

EIPI cash paid, 1 year

+5.3%

AIPI total return, 1 year

+21.8%

EIPI total return, 1 year

AIPI · 1 year to Nov 4, 2026 Not measured

AIPI

+5.3%

none

Not measured

AIPI over 1 year: paid 29.2%, price −24.8%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

AIPI

+5.3%

29.2% as cash

Total return, distributions reinvested

Not measured

AIPI over 1 year: paid 29.2%, price −24.8%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

AIPI

+5.3%

29.2% of it arrived as cash. Total return, distributions reinvested. AIPI over 1 year: paid 29.2%, price −24.8%, total +5.3%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

EIPI · 1 year to Nov 4, 2026 3.8 pts behind its own holdings

EIPI

+21.8%

Own

+25.6%

3.8 pts behind its own holdings

EIPI over 1 year: paid 7.7%, price +13.7%, total +21.8%, its own holdings +25.6%, −3.8 pts. Data to Nov 4, 2026.

its own holdings

+25.6%

EIPI

+21.8%

7.7% of it arrived as cash

3.8 pts behind its own holdings

Total return, distributions reinvested

3.8 pts behind its own holdings

EIPI over 1 year: paid 7.7%, price +13.7%, total +21.8%, its own holdings +25.6%, −3.8 pts. Data to Nov 4, 2026.

its own holdings

+25.6%

EIPI

+21.8%

7.7% of it arrived as cash. Both charts share one scale, with zero at the line. EIPI over 1 year: paid 7.7%, price +13.7%, total +21.8%, its own holdings +25.6%, −3.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

AIPI costs 0.46 points a year less; their one-year returns differ by 16.5 points; EIPI is 2.5 times larger.

Points (pts) are percentage points.

AIPI vs EIPI: Dividend Yield & Total Return
Measure	AIPI	EIPI
Paid and earned
Measure	AIPI	EIPI
Total return, 1 year	+5.3%	+21.8%
Price change, 1 year	fell 24.8%	rose 13.7%
Return of capital, issuer estimate	100% of the Oct 22, 2026 payment	0% of the Oct 30, 2026 payment
Against its benchmark
Measure	AIPI	EIPI
Benchmark	not published	its own holdings
Cost and size
Measure	AIPI	EIPI
Expense ratio	0.65%	1.11%
Net assets, as of Nov 3, 2026	$446m	$1.1bn
Holdings
Measure	AIPI	EIPI
Holdings in common	0%

Method

Risk and return

Jun 14, 2024 to Oct 30, 2026 · 124 weekly returns

AIPI EIPI

Return

Total return edge EIPI +39.6% +55.5%

Annualized edge EIPI +15.0% +20.4%

Price return edge EIPI −37.2% +26.1%

Risk

Volatility edge EIPI 21.4% 12.8%

Max drawdown edge EIPI −24.9% −8.8%

Risk-adjusted

Sharpe edge EIPI 0.57 1.18

Sortino edge EIPI 0.80 1.72

Calmar edge EIPI 0.60 2.32

Reading

From Jun 2024 to Oct 2026, EIPI returned more: +55.5% to +39.6%. EIPI swung less: 12.8% to 21.4%. EIPI fell less at its worst: −8.8% to −24.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: AIPI vs EIPI: Dividend Yield & Total Return
Measure	AIPI	EIPI	Edge	How it is measured
Return
Total return	+39.6%	+55.5%	EIPI	Price change plus distributions, reinvested.
Annualized	+15.0%	+20.4%	EIPI	Total return as a yearly rate.
Price return	−37.2%	+26.1%	EIPI	Price change alone, distributions left out.
Risk
Volatility	21.4%	12.8%	EIPI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	15.1%	8.8%	EIPI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−24.9%	−8.8%	EIPI	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.57	1.18	EIPI	Return above Treasury bills per unit of volatility.
Sortino	0.80	1.72	EIPI	Return above Treasury bills per unit of downside deviation.
Calmar	0.60	2.32	EIPI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 124 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, AIPI and EIPI hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIPI EIPI

Only in one fund ↓

Only in AIPI

PALANTIR TECHNOLOGIES INC. 10.84%

NVIDIA CORPORATION 9.86%

CROWDSTRIKE HOLDINGS, INC. 8.07%

ARM Holdings PLC 5.82%

Astera Labs, Inc. 5.08%

SALESFORCE, INC. 4.01%

SUPER MICRO COMPUTER, INC. 3.59%

SERVICENOW, INC. 3.56%

Only in EIPI

Enterprise Products Partners L.P. 8.56%

Energy Transfer LP 6.48%

MPLX LP 4.47%

Kinder Morgan, Inc. 3.97%

ExxonMobil Holdings Corp. 3.53%

ONEOK, Inc. 3.03%

Shell plc (ADR) 2.79%

Duke Energy Corporation 2.58%

Check overlap with more funds →

Side by side

AIPI REX AI EQUITY PREMIUM INCOME ETF · Covered call, paying weekly EIPI FT Energy Income Partners Enhanced Income ETF · Covered call on its own holdings, paying monthly

Issuer REX First Trust

Strategy covered call covered call

Benchmark none EIPI's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026)

Pays weekly monthly

Payout rate, annualized 35.0% 6.8%

Expense ratio 0.65% 1.11%

Cash paid, 1 year 29.2% 7.7%

Price change, 1 year −24.8% +13.7%

Total return, 1 year +5.3% +21.8%

Benchmark return, 1 year not published +25.6%

Ahead or behind not available −3.8 pts

Return of capital, latest estimate 100% 0%

Age 2.4 years 2.5 years

Net assets, as of Nov 3, 2026 $446m $1.1bn

As of Nov 4, 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 EIPI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	AIPI	EIPI	AIPI	EIPI	AIPI	EIPI
3 months	−3.8%	+2.2%	8.7%	1.7%	not measured	+0.3 pts
6 months	+4.5%	+2.5%	16.2%	3.4%	not measured	+1.1 pts
1 year	+5.3%	+21.8%	29.2%	7.7%	not measured	−3.7 pts
Since launchNot the same days: AIPI Jun 2024 · EIPI May 2024	+42.9%	+49.6%	67.5%	24.0%	not measured	not measured

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About each fund

AIPI

Over the year to Nov 4, 2026, AIPI paid 29.2% of its starting value in cash distributions while its price fell 24.8%. With every distribution reinvested, the fund returned +5.3%. At its price on Nov 4, 2026 the latest distribution annualizes to 35.0%, paid weekly. REX estimates that 100% of the distribution paid Oct 22, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

EIPI

Over the year to Nov 4, 2026, EIPI paid 7.7% of its starting value in cash distributions while its price rose 13.7%. With every distribution reinvested, the fund returned +21.8%. EIPI's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026) returned +25.6% over the same days, so a holder was behind by 3.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.8%, paid monthly. First Trust estimates that 0% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, AIPI or EIPI?: Over the year to Nov 4, 2026, AIPI paid 29.2% of its starting price in cash and EIPI paid 7.7%, 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 EIPI?: With every distribution reinvested, AIPI returned +5.3% and EIPI +21.8% over the year to Nov 4, 2026.
Which is cheaper, AIPI or EIPI?: AIPI charges 0.65% a year and EIPI charges 1.11%, so AIPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIPI vs ULTY AIPI vs YMAX AIPI vs NUKX AIPI vs WEPN EIPI vs TDVI EIPI vs MDST EIPI vs XLEI EIPI vs GPTY

Where to next

All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →AIPI on its own →EIPI on its own →AIPI dividend history →AIPI holdings →EIPI dividend history →EIPI 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 ↗

EIPI filings on SEC EDGAR ↗

EIPI prospectus with the expense ratio (SEC) ↗

EIPI 19a-1 distribution notice ↗

First Trust page for EIPI ↗

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

How this is computed

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 EIPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/aipi-vs-eipi

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