Which paid more, AIPI or XYLD?

Over the year to Oct 28, 2026, AIPI paid 30.4% of its starting price in cash and XYLD paid 10.6%, 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 XYLD?

With every distribution reinvested, AIPI returned +15.5% and XYLD +15.8% over the year to Oct 28, 2026.

Which is cheaper, AIPI or XYLD?

AIPI charges 0.65% a year and XYLD charges 0.60%, so XYLD is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Income ETFs

AIPI vs XYLD: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Oct 28, 2026, AIPI paid 30.4% of its price in cash against XYLD’s 10.6% and the two finished level on total return.

askIQ about this page

askIQ about AIPI and XYLD

Net assets: $490m on Oct 27, 2026 for REX AI EQUITY PREMIUM INCOME ETF, and $3.4bn on Oct 12, 2026 for Global X S&P 500 Covered Call ETF.

AIPI on its own →XYLD on its own →

At a glance

30.4%

AIPI cash paid, 1 year

10.6%

XYLD cash paid, 1 year

+15.5%

AIPI total return, 1 year

+15.8%

XYLD 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% of it arrived 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%

30.4% as cash

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.

XYLD · 1 year to Oct 28, 2026 2.2 pts ahead of SPY

XYLD

+15.8%

SPY

+13.6%

2.2 pts ahead of SPY

XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.

SPY

+13.6%

XYLD

+15.8%

10.6% of it arrived as cash

2.2 pts ahead of SPY

Total return, distributions reinvested

2.2 pts ahead of SPY

XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.

SPY

+13.6%

XYLD

+15.8%

10.6% as cash

2.2 pts ahead of SPY

10.6% of it arrived as cash. Both charts share one scale, with zero at the line. XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

XYLD costs 0.05 points a year less; their one-year returns differ by 0.3 points; XYLD is 6.9 times larger.

Points (pts) are percentage points.

AIPI vs XYLD: Dividend Yield & Total Return
Measure	AIPI	XYLD
Paid and earned
Measure	AIPI	XYLD
Total return, 1 year	+15.5%	+15.8%
Price change, 1 year	fell 19.4%	rose 4.3%
Return of capital, issuer estimate	100% of the Oct 8, 2026 payment	93% of the Sep 24, 2026 payment
Against its benchmark
Measure	AIPI	XYLD
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	AIPI	XYLD
Expense ratio	0.65%	0.60%
Net assets, as of Oct 12, 2026	$496m	$3.4bn
Holdings
Measure	AIPI	XYLD
Holdings in common	30%

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

IQ Income Score36.3AIPI77.7XYLD

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

AIPI 36.3

XYLD 77.7

0.3, the lowest in this set 99.7, the highest

A percentile among the 164 income ETFs not writing on a single company. 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 Jul 31, 2026. Method

Risk and return

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

AIPI XYLD

Return

Total return edge AIPI +44.7% +33.3%

Annualized edge AIPI +16.9% +12.9%

Price return edge XYLD −34.5% +1.5%

Risk

Volatility edge XYLD 21.3% 9.4%

Max drawdown edge XYLD −24.9% −14.0%

Downside capture 116.5% 50.5%

Beta 1.22 0.54

Risk-adjusted

Sharpe edge XYLD 0.64 0.90

Sortino edge XYLD 0.92 1.27

Treynor 0.112 0.155

Calmar edge XYLD 0.68 0.92

Against the benchmark

Alpha −1.4% a year +1.7% a year

Alpha t-stat −0.19 0.53

Information ratio 0.12 −0.48

Tracking error 11.7% 8.3%

Reading

AIPI returned more: +44.7% to +33.3%. XYLD swung less: 9.4% to 21.3%. XYLD fell less at its worst: −14.0% to −24.9%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: AIPI vs XYLD: Dividend Yield & Total Return
Measure	AIPI	XYLD	SPY	Edge	How it is measured
Return
Total return	+44.7%	+33.3%		AIPI	Price change plus distributions, reinvested.
Annualized	+16.9%	+12.9%		AIPI	Total return as a yearly rate.
Price return	−34.5%	+1.5%		XYLD	Price change alone, distributions left out.
Risk
Volatility	21.3%	9.4%		XYLD	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	15.0%	6.6%		XYLD	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−24.9%	−14.0%		XYLD	Deepest fall from a high to the low after it.
Upside capture	130.1%	43.0%	100.0%	AIPI	Share of its benchmark's rise caught in the weeks it rose.
Downside capture	116.5%	50.5%	100.0%	XYLD	Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.22	0.54	1.00	XYLD lower	How far it moves for each 1% its benchmark moves.
R squared	0.72	0.74	1.00	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.64	0.90		XYLD	Return above Treasury bills per unit of volatility.
Sortino	0.92	1.27		XYLD	Return above Treasury bills per unit of downside deviation.
Treynor	0.112	0.155	0.124	XYLD	Return above Treasury bills per unit of beta.
Calmar	0.68	0.92		XYLD	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	SPY	SPY	SPY		The ETF each fund is measured against.
Alpha	−1.4% a year	+1.7% a year	0.0%	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−0.19	0.53		Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−16.0% to +13.2%	−4.6% to +8.0%		Both include zero	The 95% range for the yearly alpha.
Information ratio	0.12	−0.48		AIPI	Return against its benchmark per unit of tracking error.
Tracking error	11.7%	8.3%	0.0%	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

30%

By the books each fund has filed, AIPI and XYLD hold 30% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

50%

0 half 100%

half

30% in common

Positions both hold · largest shared weight first AIPI XYLD

NVIDIA CORPORATION 8.92% 7.64%

APPLE INC. 2.80% 7.13%

MICROSOFT CORPORATION 2.73% 5.42%

BROADCOM INC. 2.67% 2.90%

AMAZON.COM, INC. 2.54% 4.18%

ALPHABET INC. 2.48% 3.28%

META PLATFORMS, INC. 2.61% 1.92%

MICRON TECHNOLOGY, INC. 4.50% 1.46%

ADVANCED MICRO DEVICES, INC. 3.60% 1.22%

CISCO SYSTEMS, INC. 3.30% 0.72%

INTEL CORPORATION 2.90% 0.67%

PALANTIR TECHNOLOGIES INC. 9.11% 0.44%

Only in one fund ↓

Only in AIPI

Astera Labs, Inc 7.80%

IONQ Inc 3.92%

Only in XYLD

ALPHABET INC. 2.65%

JPMORGAN CHASE & CO. 1.48%

BERKSHIRE HATHAWAY INC. 1.47%

ELI LILLY AND COMPANY 1.43%

TESLA, INC. 1.38%

EXXONMOBIL HOLDINGS CORPORATION 1.01%

JOHNSON & JOHNSON 0.97%

VISA INC. 0.95%

Check overlap with more funds →

Side by side

AIPI REX AI EQUITY PREMIUM INCOME ETF · Covered call on SPY, paying weekly XYLD Global X S&P 500 Covered Call ETF · Covered call on SPY, paying monthly

Issuer REX Global X

Strategy covered call covered call

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

Pays weekly monthly

Payout rate, annualized 34.3% 9.1%

Expense ratio 0.65% 0.60%

Cash paid, 1 year 30.4% 10.6%

Price change, 1 year −19.4% +4.3%

Total return, 1 year +15.5% +15.8%

Benchmark return, 1 year +13.6% +13.6%

Ahead or behind +1.9 pts +2.2 pts

Return of capital, latest estimate 100% 93%

Age 2.4 years 13.3 years

Net assets, AIPI as of Oct 27, 2026 and XYLD as of Oct 12, 2026 $490m $3.4bn

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 XYLD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	AIPI	XYLD	AIPI	XYLD	AIPI	XYLD
3 months	+19.0%	+5.0%	9.7%	2.3%	+12.9 pts	−1.1 pts
6 months	+18.5%	+9.2%	15.9%	5.2%	+9.4 pts	+0.1 pts
1 year	+15.5%	+15.8%	30.4%	10.6%	+1.9 pts	+2.2 pts
3 years	–	+53.3%	–	35.1%	–	−41.7 pts
Since launchNot the same days: AIPI Jun 2024 · XYLD Jun 2013	+58.9%	+195.1%	67.1%	114.5%	+8.5 pts	−320.2 pts

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

Client brief · page 1 of 2 Report BR-7FB0C302FF

AIPI and XYLD are built for the same job. How do they differ in cost, holdings and results?

Income paid. AIPI paid 30.4% and XYLD 10.6% (cash paid over 1 year, as a share of its price at the start), a gap of 19.8 points.
Holdings in common. 30% of the weight is in the same securities (holdings dated May 31, 2026 and Jul 31, 2026).
Size. AIPI has $496m in net assets and XYLD $3.4bn (net assets, as of Oct 12, 2026); XYLD is 6.9 times larger.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

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.

XYLD

Over the year to Oct 28, 2026, XYLD paid 10.6% of its starting value in cash distributions while its price rose 4.3%. With every distribution reinvested, the fund returned +15.8%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 2.2 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 9.1%, paid monthly. Global X estimates that 93% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, AIPI or XYLD?: Over the year to Oct 28, 2026, AIPI paid 30.4% of its starting price in cash and XYLD paid 10.6%, 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 XYLD?: With every distribution reinvested, AIPI returned +15.5% and XYLD +15.8% over the year to Oct 28, 2026.
Which is cheaper, AIPI or XYLD?: AIPI charges 0.65% a year and XYLD charges 0.60%, so XYLD is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIPI vs GPIX AIPI vs DIVO AIPI vs SPYI AIPI vs XDTE XYLD vs KHPI XYLD vs DUBS XYLD vs PBP XYLD vs IVVW

Where to next

S&P 500 (SPY) →AIPI on its own →XYLD on its own →AIPI dividend history →AIPI holdings →XYLD dividend history →XYLD 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 ↗

XYLD filings on SEC EDGAR ↗

XYLD prospectus with the expense ratio (SEC) ↗

XYLD 19a-1 distribution notice ↗

Global X page for XYLD ↗

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 XYLD, data as of Oct 28, 2026. https://etfiq.com/compare/income/aipi-vs-xyld

Open data →

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