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AIPI REX AI EQUITY PREMIUM INCOME ETF

Covered call on AIQ, paying weekly

Over the year to Sep 11, 2026, AIPI paid 31.3% in cash and still finished 12.0 points behind AIQ.

REX · Income ETFs · data as of

Key facts

31.3%Cash paid, 1 year, on its starting price
+23.7%Total return, 1 year
−12.0 ptsAgainst AIQ
100.0%Return of capital, latest payout (REX estimate)

Method

ETFIQ Return Stability Score

24.5139th of 161

AIPI paid 31.3% in cash. Its price fell 12.2%, so 39% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsLOCT −12.1 ptsRNTY −12.1 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsSRHR −9.7 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsRDTE −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsGPIQ −1.1 ptsQDTY −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsQYLG −0.3 ptsGPIX 0.0 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsAIPI −12.0 ptsAIPI −12.0 pts−38.1 pts+24.6 pts

25.2% of the 161 sit at or below AIPI on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%RDTE −19.4%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%QDTY −12.8%XDTE −12.8%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%XLFI −3.8%FGSI −3.2%BUCK −2.5%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LOCT +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%SRHR +1.0%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%QYLG +2.8%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%GPIX +7.9%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%GPIQ +9.8%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%AIPI −12.2%AIPI −12.2%−75.0%+68.6%

23.9% of the 161 sit at or below AIPI on this measure.

Weighted evenly, those two positions are what the score combines, across the 161 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−12.0 pts25.250%
what happened to the principal−12.2%23.950%

All income ETFs ranked by this score · How it is computed

46th of 354 income ETFs by net assets

What a holder got

AIPI against AIQAIPI returned +23.7% with distributions reinvested against +35.7% for AI and technology (AIQ), used as the AI proxy, a gap of −12.0 pts. Of that, 31.3% arrived as cash rather than price.+23.7%AIPI total return+35.7%AI and technology (AIQ), used as the AI proxy31.3% of it arrived as cash

Over the year to Sep 11, 2026, AIPI returned +23.7% with distributions reinvested and AI and technology (AIQ), used as the AI proxy returned +35.7%, so a holder came out behind it by 12.0 points. The lighter segment is the 31.3% that arrived as cash rather than as price.

Its ten largest equity positions

AIPI top ten by weight, 61.0% of its 25 equity positions, from the holdings filed for May 31, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the fund’s SEC filing.
HoldingWeight
CROWDSTRIKE HOLDINGS, INC.11.93%
PALANTIR TECHNOLOGIES INC.8.40%
NVIDIA CORPORATION8.23%
Astera Labs, Inc7.20%
DATADOG, INC.6.65%
MICRON TECHNOLOGY, INC.4.15%
SUPER MICRO COMPUTER, INC.3.95%
IONQ Inc3.62%
PALO ALTO NETWORKS, INC.3.61%
ADVANCED MICRO DEVICES, INC.3.32%

Method

Period by period

AIPI over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnAIQAhead or behind
3 months8.5%−0.9%+8.2%0.0%+8.2 pts
6 months16.8%+3.1%+21.7%+32.3%−10.6 pts
1 year31.3%−12.2%+23.7%+35.7%−12.0 pts
Since launch63.7%−27.0%+54.8%+90.8%−36.0 pts

Method

When AIPI pays

AIPI pays weekly. The last distribution was $0.2486 a share, which went ex on Sep 9, 2026, with payment about 1 day later. The next has not been declared. On its own cadence of about 7 days the ex-date falls near Sep 16, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for AIPI. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 16, 2026Sep 17, 2026$0.2486ETFIQ projection from the fund’s own cadence
Sep 23, 2026Sep 24, 2026$0.2486ETFIQ projection from the fund’s own cadence
Sep 30, 2026Oct 1, 2026$0.2486ETFIQ projection from the fund’s own cadence
Oct 7, 2026Oct 8, 2026$0.2486ETFIQ projection from the fund’s own cadence
Oct 14, 2026Oct 15, 2026$0.2486ETFIQ projection from the fund’s own cadence
Oct 21, 2026Oct 22, 2026$0.2486ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for AIPI (13, most recent first)
Cash distributions per share for AIPI. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 9, 2026$0.2486
Sep 2, 2026$0.2507
Aug 26, 2026$0.2418
Aug 19, 2026$0.2497
Aug 12, 2026$0.2492
Aug 5, 2026$0.2354
Jul 29, 2026$0.2317
Jul 22, 2026$0.2355
Jul 15, 2026$0.2436
Jul 8, 2026$0.2475
Jul 1, 2026$0.2486
Jun 24, 2026$0.2444
Jun 17, 2026$0.2495

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Jun 4, 2024, AIPI has returned +54.8% with distributions reinvested, against +90.8% for AI and technology (AIQ), used as the AI proxy, and has paid out 63.7% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 35.0%. REX estimates that 100% of the distribution paid was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

AIPI (REX AI EQUITY PREMIUM INCOME ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategycovered call
BenchmarkAI and technology (AIQ), used as the AI proxy (proxy)
Paysweekly
Net assets (issuer page, as of Sep 10, 2026)$455m
Latest payout, annualized (ETFIQ)35.0%
Expense ratio (485BPOS XBRL, Sep 29, 2025)0.65%
Cash paid, last 12 months, over today’s price (ETFIQ)35.7%
LaunchedJun 4, 2024
Return of capital, latest distribution (REX 19a-1 estimate)100.0%
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.2486 ex Sep 9, 2026
Sum of the last 12 distributions$2.9267

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has AIPI paid over the last year?
Over the year to Sep 11, 2026, AIPI paid 31.3% of its starting price in cash distributions, while the price fell 12.2%.
Is AIPI ahead of AIQ?
Over the year to Sep 11, 2026, with every distribution reinvested, AIPI returned +23.7% against +35.7% for AI and technology (AIQ), used as the AI proxy, so a holder was behind it by 12.0 points.
How often does AIPI pay, and how much?
AIPI pays weekly. The latest distribution annualizes to 35.0% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
Is the AIPI distribution return of capital?
REX estimates 100% of the distribution paid was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does AIPI next pay a distribution?
AIPI pays weekly. The last distribution went ex on Sep 9, 2026 at $0.2486 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Sep 16, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 1 day.
What does AIPI cost?
The prospectus expense ratio is 0.65% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Compare AIPI

Also against QYLD, XYLD, RYLD, DIVO, GPIX, GPIQ, TSLY, NVDY, MSTY, CONY, ULTY, YMAX, FEPI, XDTE, QDTE, BALI, ISPY, AMZY, APLY, GOOY, MSFO, OARK, SDTY, IVV, QQQ, SCHD, SPY, VOO, VTI, VYM.

Funds near this one

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AIPI payout bar, ETFIQ

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Where AIPI is written about

AIPI, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open AIPI live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, AIPI, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/aipi Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources