Company Description
The REX AI Equity Premium Income ETF (Nasdaq: AIPI) is an exchange-traded fund in the REX Financial family of covered call and equity premium income strategies. According to REX Financial, AIPI is part of a group of option-based income ETFs that focus on generating premium income from equity exposure. It is referenced by REX as one of its equity premium income funds alongside the REX FANG & Innovation Equity Premium Income ETF (FEPI) and the REX Crypto Equity Premium Income ETF (CEPI.
REX Financial describes itself as a provider of exchange-traded products specializing in alternative-strategy ETFs and ETNs, including option-based income approaches. Within this context, AIPI is identified as an AI-focused equity premium income ETF, indicating that its investment strategy is tied to companies associated with artificial intelligence while seeking to generate income through option activity as part of an equity premium approach. The fund is mentioned by REX in connection with its broader lineup of covered call and income-oriented strategies.
In REX’s communications, AIPI is grouped with FEPI and CEPI as part of its covered call and equity premium income suite. CEPI is described as using an out-of-the-money call writing strategy on individual stocks in an index of crypto-related companies to balance income generation and potential price appreciation. FEPI and AIPI are cited together as earlier equity premium income ETFs that preceded CEPI and are referenced as flagship income-oriented offerings within the REX product range.
While detailed portfolio holdings or index methodology for AIPI are not provided in the available information, REX identifies the fund as an equity premium income ETF with an AI theme, and as part of its series of option-based income strategies. Investors are directed by REX to review each fund’s prospectus and summary prospectus for specific investment objectives, risks, charges, and expenses related to AIPI and the other REX ETFs.
Position within the REX product lineup
REX highlights AIPI as one of its equity premium income ETFs that complement other alternative-strategy products such as MicroSectors and T-REX leveraged and inverse tools. In later announcements about new funds, REX notes that CEPI "joins" the lineup as the firm’s third covered call ETF, following FEPI and AIPI. This positions AIPI as an earlier member of REX’s covered call and equity premium income family, associated with an artificial intelligence focus within that suite.
REX communications emphasize that its funds, including those in the equity premium income and covered call category, involve risks related to derivatives, option strategies, industry concentration, and market volatility. The firm repeatedly advises investors to carefully review fund prospectuses and risk disclosures before investing in any of its ETFs.
Risk and disclosure emphasis
In its descriptions of related products, REX outlines risks such as derivatives risk, liquidity risk, distribution risk, call writing strategy risk, and industry concentration risk. While these risk discussions are presented in connection with specific funds like CEPI, REX also notes more generally that its option-based income strategies and alternative ETFs may experience significant volatility and that distributions can vary and may include returns of capital. The same general cautionary language and emphasis on reviewing official documents applies to AIPI as part of this family of funds.
Key characteristics based on available information
- AIPI is identified by REX as the REX AI Equity Premium Income ETF.
- The fund trades on Nasdaq under the ticker AIPI.
- REX groups AIPI with FEPI and CEPI as part of its covered call and equity premium income lineup.
- AIPI is described by REX as an equity premium income ETF with an AI focus, within a broader series of option-based income strategies.
- REX repeatedly directs investors to the AIPI prospectus and summary prospectus for detailed information on objectives, risks, and expenses.
Evergreen investor considerations
Because AIPI is part of an option-based income ETF suite, investors evaluating the fund may wish to understand how equity premium income strategies work, how option writing can affect upside participation and income, and how concentration in particular themes such as artificial intelligence can influence risk. REX’s disclosures stress that distributions are not guaranteed, may vary significantly, and may include return of capital, and that option and derivatives use can introduce additional risks beyond direct stock ownership.
For long-term reference, AIPI’s role within REX’s product family is as an AI-themed equity premium income ETF mentioned alongside other covered call and income-oriented funds. Detailed, time-sensitive metrics such as performance, yields, or asset levels are not included here, as those change over time and are instead provided in up-to-date fund materials from REX.
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SEC Filings
No SEC filings available for REX AI Equity Premium Income ETF.
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Short Interest History
Short interest in REX AI Equity Premium Income ETF (AIPI) currently stands at 19.8 thousand shares, down 71.9% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has decreased by 26%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for REX AI Equity Premium Income ETF (AIPI) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.