Data as of .
AIPI vs XLVI: which paid, and which earned it?
Over the year AIPI paid 31.3% of its price in cash against XLVI’s 13.0%, and returned more with it reinvested.
ETFIQ Return Stability Score: XLVI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 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 XLVI hold 0% of their money in the same securities at the same weight.
| Only in AIPI | Only in XLVI |
|---|---|
| CROWDSTRIKE HOLDINGS, INC. 11.93% | STATE STREET HEALTH CARE SELEC 100.46% |
| PALANTIR TECHNOLOGIES INC. 8.40% | SSI US GOV MONEY MARKET CLASS 0.40% |
| NVIDIA CORPORATION 8.23% | STATE STREET HEALTH CARE SELEC OCT26 173 CALL -0.02% |
| Astera Labs, Inc 7.20% | STATE STREET HEALTH CARE SELEC OCT26 170 CALL -0.04% |
| DATADOG, INC. 6.65% | STATE STREET HEALTH CARE SELEC OCT26 172 CALL -0.80% |
| 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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| AIPI | XLVI | AIPI | XLVI | AIPI | XLVI | |
| 3 months | +7.7% | +6.9% | 8.4% | 3.1% | +11.7 pts | −6.3 pts |
| 6 months | +24.6% | +12.2% | 17.8% | 6.4% | −10.8 pts | −4.6 pts |
| 1 year | +22.2% | +17.9% | 31.3% | 13.0% | −9.4 pts | −6.7 pts |
| Since launch | +56.1% | +21.1% | 64.2% | 14.7% | −35.1 pts | −6.5 pts |
| AIPI REX AI EQUITY PREMIUM INCOME ETF Covered call on AIQ, paying weekly | XLVI State Street(R) Health Care Select Sector SPDR(R) Premium Income ETF Covered call on XLV, paying monthly | |
|---|---|---|
| Issuer | REX | State Street |
| Strategy | covered call | covered call |
| Benchmark | AI and technology (AIQ), used as the AI proxy | Health care sector (XLV) |
| Pays | weekly | monthly |
| Payout rate, annualized | 34.4% | 13.1% |
| Expense ratio | 0.65% | 0.35% |
| Cash paid, 1 year | 31.3% | 13.0% |
| Price change, 1 year | −13.8% | +4.0% |
| Total return, 1 year | +22.2% | +17.9% |
| Benchmark return, 1 year | +31.6% | +24.6% |
| Ahead or behind | −9.4 pts | −6.7 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 836 days | 415 days |
| Net assets | $466m | $27m |
AIPI in plain words
Over the year to Sep 18, 2026, AIPI paid 31.3% of its starting value in cash distributions while its price fell 13.8%. With every distribution reinvested, the fund returned +22.2%. AI and technology (AIQ), used as the AI proxy returned +31.6% over the same days, so a holder was behind by 9.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 34.4%, 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).
XLVI in plain words
Over the year to Sep 18, 2026, XLVI paid 13.0% of its starting value in cash distributions while its price rose 4.0%. With every distribution reinvested, the fund returned +17.9%. Health care sector (XLV) returned +24.6% over the same days, so a holder was behind by 6.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 13.1%, paid monthly.
Questions people ask
- Which paid more, AIPI or XLVI?
- Over the year to Sep 18, 2026, AIPI paid 31.3% of its starting price in cash and XLVI paid 13.0%, 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 XLVI?
- With every distribution reinvested, AIPI returned +22.2% and XLVI returned +17.9% over the year to Sep 18, 2026, so AIPI returned more.
- Which is cheaper, AIPI or XLVI?
- AIPI charges 0.65% a year and XLVI charges 0.35%, so XLVI 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 XLVI, data as of Sep 18, 2026. https://etfiq.com/compare/income/aipi-vs-xlvi Free to use with attribution; the underlying files are at Open data.