AIPI vs IVV
REX AI Equity Premium Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. AIPI delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | AIPI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $431M | $907.0B | |
| Dividend Yield | 37.94% | 1.10% | |
| Holdings | 90 | 508 | |
| YTD Return | +11.69% | +12.28% | |
| 1Y Return | +22.73% | +20.94% | |
| 3Y Return (annualized) | - | +21.81% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 17.4% | 15.1% | |
| Max Drawdown | -25.3% | -56.5% | |
| Fund Family | REX Shares | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 3, 2024 | May 15, 2000 |
AIPI vs IVV Performance
REX AI Equity Premium Income ETF (AIPI) is a ETF from REX Shares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AIPI returned +22.73% while IVV returned +20.94%. Year to date, AIPI is up 11.69% versus a gain of 12.28% for IVV.
Risk: Volatility and Drawdowns
AIPI has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -25.3% for AIPI and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIPI charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, AIPI currently yields 37.94% against 1.10% for IVV.
Holdings Overlap
AIPI and IVV share 22 holdings out of 509 unique holdings combined, representing a 32.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AIPI or IVV?
AIPI has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, AIPI or IVV?
Over the past year AIPI returned +22.73% vs +20.94% for IVV, so AIPI leads on 1-year performance. Over the longest common window we track (2 years), AIPI annualized +22.95% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, AIPI or IVV?
AIPI has been the more volatile fund at 17.4% annualized versus 15.1% for IVV. Worst drawdown: AIPI -25.3% vs IVV -56.5%.
Should I hold both AIPI and IVV?
AIPI and IVV have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIPI and IVV?
AIPI and IVV share 22 common holdings with a 32.1% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, AIPI or IVV?
AIPI yields 37.94% while IVV yields 1.10%, so AIPI currently pays the higher dividend yield.
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