Data as of .
AIPI vs MSFO: which paid, and which earned it?
Over the year AIPI paid 31.3% of its price in cash against MSFO’s 28.6%, and returned more with it reinvested.
ETFIQ Return Stability Score: MSFO scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, AIPI and MSFO hold 0% of their money in the same securities at the same weight.
| Only in AIPI | Only in MSFO |
|---|---|
| CROWDSTRIKE HOLDINGS, INC. 11.93% | TREASURY BILL 32.44% |
| PALANTIR TECHNOLOGIES INC. 8.40% | TREASURY BILL 31.42% |
| NVIDIA CORPORATION 8.23% | TREASURY BILL 14.95% |
| Astera Labs, Inc 7.20% | TREASURY BILL 12.47% |
| DATADOG, INC. 6.65% | TREASURY BILL 8.72% |
| MICRON TECHNOLOGY, INC. 4.15% | |
| SUPER MICRO COMPUTER, INC. 3.95% | |
| IONQ Inc 3.62% |
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 Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| AIPI | MSFO | AIPI | MSFO | AIPI | MSFO | |
| 3 months | +8.2% | +22.9% | 8.5% | 11.8% | +8.2 pts | −4.2 pts |
| 6 months | +21.7% | +21.4% | 16.8% | 21.0% | −10.6 pts | −4.5 pts |
| 1 year | +23.7% | +1.5% | 31.3% | 28.6% | −12.0 pts | +1.8 pts |
| 3 years | not published | +50.9% | not published | 79.0% | not published | −1.9 pts |
| Since launch | +54.8% | +55.4% | 63.7% | 81.3% | −36.0 pts | −1.6 pts |
| AIPI REX AI EQUITY PREMIUM INCOME ETF Covered call on AIQ, paying weekly | MSFO YieldMax(R) MSFT Option Income Strategy ETF Synthetic covered call on MSFT, paying weekly | |
|---|---|---|
| Issuer | REX | YieldMax |
| Strategy | covered call | synthetic covered call |
| Benchmark | AI and technology (AIQ), used as the AI proxy | Microsoft (MSFT) |
| Pays | weekly | weekly |
| Payout rate, annualized | 35.0% | 26.1% |
| Expense ratio | 0.65% | 1.03% |
| Cash paid, 1 year | 31.3% | 28.6% |
| Price change, 1 year | −12.2% | −29.8% |
| Total return, 1 year | +23.7% | +1.5% |
| Benchmark return, 1 year | +35.7% | −0.3% |
| Ahead or behind | −12.0 pts | +1.8 pts |
| Return of capital, latest estimate | 100% | 92% |
| Age | 829 days | 1113 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).
MSFO in plain words
Over the year to Sep 11, 2026, MSFO paid 28.6% of its starting value in cash distributions while its price fell 29.8%. With every distribution reinvested, the fund returned +1.5%. Microsoft (MSFT) returned −0.3% over the same days, so a holder was ahead by 1.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 26.1%, paid weekly. YieldMax estimates that 92% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, AIPI or MSFO?
- Over the year to Sep 11, 2026, AIPI paid 31.3% of its starting price in cash and MSFO paid 28.6%, 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 MSFO?
- With every distribution reinvested, AIPI returned +23.7% and MSFO returned +1.5% over the year to Sep 11, 2026, so AIPI returned more.
- Which is cheaper, AIPI or MSFO?
- AIPI charges 0.65% a year and MSFO charges 1.03%, so AIPI 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 MSFO, data as of Sep 11, 2026. https://etfiq.com/compare/income/aipi-vs-msfo Free to use with attribution; the underlying files are at Open data.