Which paid more, AIPI or USOY?

Over the year to Nov 4, 2026, AIPI paid 29.2% of its starting price in cash and USOY paid 51.6%, so USOY 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 USOY?

With every distribution reinvested, AIPI returned +5.3% and USOY +56.0% over the year to Nov 4, 2026.

Which is cheaper, AIPI or USOY?

AIPI charges 0.65% a year and USOY charges 1.12%, so AIPI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

AIPI vs USOY: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, USOY paid 51.6% of its price in cash against AIPI’s 29.2%, and returned more with it reinvested.

askIQ about this page

askIQ about AIPI and USOY

Net assets on Nov 3, 2026: $446m for REX AI EQUITY PREMIUM INCOME ETF and $79m for Defiance Oil Enhanced Options Income ETF.

AIPI on its own →USOY on its own →

At a glance

29.2%

AIPI cash paid, 1 year

51.6%

USOY cash paid, 1 year

+5.3%

AIPI total return, 1 year

+56.0%

USOY 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%

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.

USOY · 1 year to Nov 4, 2026 46.2 pts behind USO

USOY

+56.0%

USO

+102.2%

46.2 pts behind USO

USOY over 1 year: paid 51.6%, price −4.8%, total +56.0%, USO +102.2%, −46.2 pts. Data to Nov 4, 2026.

USO

+102.2%

USOY

+56.0%

51.6% of it arrived as cash

46.2 pts behind USO

Total return, distributions reinvested

46.2 pts behind USO

USOY over 1 year: paid 51.6%, price −4.8%, total +56.0%, USO +102.2%, −46.2 pts. Data to Nov 4, 2026.

USO

+102.2%

USOY

+56.0%

46.2 pts behind USO

51.6% of it arrived as cash. Both charts share one scale, with zero at the line. USOY over 1 year: paid 51.6%, price −4.8%, total +56.0%, USO +102.2%, −46.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

AIPI costs 0.47 points a year less; their one-year returns differ by 50.7 points; AIPI is 5.6 times larger.

Points (pts) are percentage points.

AIPI vs USOY: Dividend Yield & Total Return
Measure	AIPI	USOY
Paid and earned
Measure	AIPI	USOY
Total return, 1 year	+5.3%	+56.0%
Price change, 1 year	fell 24.8%	fell 4.8%
Return of capital, issuer estimate	100% of the Oct 22, 2026 payment	96% of the Oct 30, 2026 payment
Against its benchmark
Measure	AIPI	USOY
Benchmark	not published	United States Oil Fund, LP, measured through USO
Cost and size
Measure	AIPI	USOY
Expense ratio	0.65%	1.12%
Net assets, as of Nov 3, 2026	$446m	$79m
Holdings
Measure	AIPI	USOY
Holdings in common	0%

Method

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIPI USOY

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 USOY

US TREASURY N/B 18.88%

Check overlap with more funds →

Side by side

AIPI REX AI EQUITY PREMIUM INCOME ETF · Covered call, paying weekly USOY Defiance Oil Enhanced Options Income ETF · Option income on USO, paying weekly

Issuer REX Defiance

Strategy covered call option income

Benchmark none United States Oil Fund, LP (USO)

Pays weekly weekly

Payout rate, annualized 35.0% 50.6%

Expense ratio 0.65% 1.12%

Cash paid, 1 year 29.2% 51.6%

Price change, 1 year −24.8% −4.8%

Total return, 1 year +5.3% +56.0%

Benchmark return, 1 year not published +102.2%

Ahead or behind not available −46.2 pts

Return of capital, latest estimate 100% 96%

Age 2.4 years 2.5 years

Net assets, as of Nov 3, 2026 $446m $79m

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 USOY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	AIPI	USOY	AIPI	USOY	AIPI	USOY
3 months	−3.8%	+14.8%	8.7%	12.6%	not measured	−11.8 pts
6 months	+4.5%	+1.8%	16.2%	20.9%	not measured	−6.8 pts
1 year	+5.3%	+56.0%	29.2%	51.6%	not measured	−46.1 pts
Since launchNot the same days: AIPI Jun 2024 · USOY May 2024	+42.9%	+55.7%	67.5%	83.8%	not measured	−37.4 pts

Open this comparison in the app →

Alert

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.

USOY

Over the year to Nov 4, 2026, USOY paid 51.6% of its starting value in cash distributions while its price fell 4.8%. With every distribution reinvested, the fund returned +56.0%. United States Oil Fund, LP (USO) returned +102.2% over the same days, so a holder was behind by 46.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 50.6%, paid weekly. Defiance estimates that 96% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, AIPI or USOY?: Over the year to Nov 4, 2026, AIPI paid 29.2% of its starting price in cash and USOY paid 51.6%, so USOY 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 USOY?: With every distribution reinvested, AIPI returned +5.3% and USOY +56.0% over the year to Nov 4, 2026.
Which is cheaper, AIPI or USOY?: AIPI charges 0.65% a year and USOY charges 1.12%, so AIPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIPI vs XLUI AIPI vs MSFO AIPI vs WEEI AIPI vs APLY USOY vs XLEI USOY vs WEEI USOY vs XLUI USOY vs XLYI

Where to next

United States Oil Fund →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →AIPI on its own →USOY on its own →AIPI dividend history →AIPI holdings →USOY dividend history →USOY 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 ↗

USOY filings on SEC EDGAR ↗

USOY prospectus with the expense ratio (SEC) ↗

USOY 19a-1 distribution notice ↗

Defiance page for USOY ↗

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

Open data →

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