AIPI owns AI-related stocks and writes covered calls. CHPY combines a semiconductor company portfolio with options income. AI demand links the themes, but software and other AI businesses do not have the same exposures as chipmakers.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
AIPI has lagged CHPY over the trailing twelve months, posting a 23.64% total return against 91.04%. Measured from Apr 2025 — the start of shared available history — CHPY has compounded at 98.75% a year versus 37.67% for AIPI. AIPI has been the steadier holding, though — annualized volatility of 19.0% against 40.2% for CHPY. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 30, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Apr 2025” measures every fund from April 3, 2025 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate, SEC yield and return of capital
Metric
AIPI
CHPY
Forward distribution rate
34.76%
40.28%
Trailing 12-month yield
33.91%
40.16%
30-day SEC yield
-0.28%
-0.38%
Return of capital
100.00%
99.88%
Total return (price change plus reinvested distributions) is the Total returns section above. Return of capital is the share of a recent distribution that was not income. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
Side-by-side snapshot
Side-by-side snapshot. Each row is one metric;
each column is one fund.
Generates income by writing covered calls on a portfolio of artificial-intelligence focused
equities while retaining core exposure to the theme.
Seeks weekly income by holding a portfolio of U.S.-listed semiconductor equities and generating premium through an options overlay written on those holdings and on semiconductor ETFs.
Bottom lineChoose AIPI if you want AI-related company exposure with calls and accept thematic risk. Choose CHPY if you want a semiconductor income portfolio and accept industry risk. No. Their holdings may overlap, and different companies can still depend on the same technology spending cycle. Review shared holdings and sector weights before combining them. Compare total returns and NAV changes alongside payouts to see how much of the cash received translated into investment growth.
AIPI vs CHPY: AI or Semiconductor Options Income?
AIPI owns AI-related stocks and writes covered calls. CHPY combines a semiconductor company portfolio with options income. AI demand links the themes, but software and other AI businesses do not have the same exposures as chipmakers.
AIPI
CHPY
Approach
AI-related stocks with covered calls
Semiconductor stocks with options income
Risk review
Thematic concentration and capped upside
Industry concentration and option trade-offs
Expense ratio
0.65%
1.03%
Portfolio fit
Review combined holdings and weights
Review combined holdings and weights
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Capped upside and premium dependence. AIPI and CHPY generate income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
REX Shares is known for specializing in options-based and thematic ETF strategies, offering 23 funds organized across distinct families including Covered Call, IncomeMax Option Strategy, and MicroSectors products. The fund lineup emphasizes income generation through option strategies and sector-specific exposure, with holdings spanning technology, commodities, and alternative assets. REX Shares targets investors seeking non-traditional income approaches and concentrated sector bets, positioning itself in a niche segment focused on structured strategies rather than broad market indexing.
See our curated list of related YouTube videos on AIPI.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
YieldMax is known for specializing in options-based and income-focused ETFs that emphasize yield generation through covered call strategies and other income-producing methodologies. The firm operates a diverse lineup of 63 funds organized across multiple families including covered call strategies, 0DTE (zero days to expiration) options, double distribution approaches, and various target-date and performance-based portfolios designed to generate regular distributions. Notable offerings span popular underlying assets like major technology stocks and broad market indices, with a particular emphasis on providing enhanced income solutions for investors seeking regular cash flows through options strategies and other tactical approaches.
See our curated list of related YouTube videos on CHPY.
AIPI owns AI-related stocks and writes covered calls. CHPY combines a semiconductor company portfolio with options income. AI demand links the themes, but software and other AI businesses do not have the same exposures as chipmakers.
No. Their holdings may overlap, and different companies can still depend on the same technology spending cycle. Review shared holdings and sector weights before combining them. Compare total returns and NAV changes alongside payouts to see how much of the cash received translated into investment growth.
Still deciding? Track AIPI & CHPY for free
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A holdings table captures shared securities, but not every shared business driver. Different technology companies can react to the same capital-spending slowdown. Evaluate both forms of concentration before calling a two-fund allocation diversified.
Current metrics use the dated snapshot above. Distributions can vary and may include return of capital; a distribution rate is not an expected total return.
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Frequently asked questions
Does holding AIPI and CHPY avoid technology concentration?
No. Their holdings may overlap, and different companies can still depend on the same technology spending cycle. Review shared holdings and sector weights before combining them. Compare total returns and NAV changes alongside payouts to see how much of the cash received translated into investment growth.
How should I compare risk and ownership costs?
Use matching dates and definitions for returns, distributions, and fees. Beta describes historical benchmark sensitivity, not guaranteed downside protection. Check current bid-ask spreads and premiums or discounts; AUM alone does not determine the price available for your order.
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