AIPI vs SPYI ETF Comparison
Compare AIPI and SPYI across fund costs, diversification, holdings, performance, income, risk and current AlgovestIQ evidence.
What is the main difference between AIPI and SPYI?
AIPI is REX AI Equity Premium Income ETF, while SPYI is Neos S&P 500(R) High Income ETF. AIPI is tied to US Equity; SPYI is tied to Equity. SPYI is broader by holdings count, with 286 positions versus 12 for AIPI. AIPI is more concentrated at the top, based on top-10 holdings weight.
| Metric | AIPI | SPYI | Type |
|---|---|---|---|
| Expense ratio | 0.65% | 0.68% | Fund |
| Assets under management | $446M | $11.8B | Fund |
| Holdings | 12 | 286 | Fund |
| Top-10 concentration | 31.6% | 24.4% | Fund |
| Average volume | 166,200 | 599,577 | Fund |
| Underlying exposure | US Equity | Equity | Fund |
| Annualized volatility | 20.6% | 11.1% | Risk |
| Max drawdown | -27.8% | -10.1% | Risk |
| Beta | 1.15 | 0.82 | Risk |
| Sharpe ratio | -0.62 | 0.07 | Risk |
| Sortino ratio | -0.91 | 0.09 | Risk |
| AIQ Score | 47/100 | 54/100 | AlgovestIQ |
| AIQ Edge Score | 3/10 | 6/10 | AlgovestIQ |
| Risk Resilience | 93/100 | 71/100 | AlgovestIQ |
AlgovestIQ AIQ Comparison
REX AI Equity Premium Income ETF vs Neos S&P 500(R) High Income ETF
SPYI leads
SPYI leads by 7 AIQ points, primarily on Quality and Value.
Competitive: 2 of 3 evidence groups support SPYI.
REX AI Equity Premium Income ETF
Neos S&P 500(R) High Income ETF
The Algovestiq AIQ Score currently favors SPYI over AIPI, 54 versus 47 as of Sep 9, 2026. SPYI's advantage is driven primarily by stronger quality and value, while AIPI holds the stronger risk resilience profile. 2 of 3 covered evidence groups favor SPYI today, and the comparison is rated Competitive on stability.
Compare REX AI Equity Premium Income ETF and Neos S&P 500(R) High Income ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
Performance over time
Price-return comparison for both ETFs using available daily close history.
Total return comparison
Growth of $10,000
Based on available close-price history. Distribution reinvestment is not added unless already reflected in the source series.
Compare AIPI and SPYI against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Risk Resilience93 vs 71AIPI +22
- Quality42 vs 62SPYI +20
- Value30 vs 37SPYI +7
2 of 3 evidence groups favor SPYI. SPYI’s edge is concentrated in quality and value; AIPI keeps a meaningful risk resilience edge.
What changed since the last close
Latest scored session 2026-09-07, compared against the prior scored session 2026-09-06.
Largest factor move: Quality +6
No new signals fired.
Largest factor move: Quality +6
No new signals fired.
SPYI's lead widened by 1 AIQ points in the latest snapshot.
Deeper signal detail for each name lives on its own signals page — AIPI and SPYI both carry a full feed there.
The central trade-off
SPYI (Neos S&P 500(R) High Income ETF): the stronger current systematic profile, led by quality and value.
AIPI (REX AI Equity Premium Income ETF): the counter-case, on risk resilience.
Which one fits your objective
The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.
Balanced
SPYISPYI on the overall AIQ Score, which weights Quality and Value most heavily.
Growth
EvenGrowth figures are not covered for both names.
Value
SPYISPYI on the peer-relative Value factor, by 7 points.
Momentum
EvenThe two are level on Momentum.
Lower downside
AIPIAIPI on Risk Resilience, by 22 points.
Analyst upside
EvenAnalyst targets are level or not covered for both names.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | AIPI | SPYI | Why it matters |
|---|---|---|---|
| Expense ratio | 0.65% | 0.68% | Lower is better — it compounds against you every year you hold. |
| Assets under management | $446M | $11.8B | Larger funds generally carry tighter spreads. |
| Holdings | 96 | 10 | More holdings means broader diversification, not better returns. |
| Average volume | 166,200 | 599,577 | Liquidity — matters most if you trade size. |
| Annualized volatility | 20.6% | 11.1% | Lower is a steadier ride for the same exposure. |
| Max drawdown | -27.8% | -10.1% | The worst peak-to-trough loss on record for the fund. |
| Sharpe ratio | -0.62 | 0.07 | Return per unit of risk. Higher is better. |
| Beta | 1.15 | 0.82 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
Where the exposure actually sits
AIPI and SPYI share 13.45% of their weighted exposure across 11 common holdings.
AIPI is the more concentrated of the two: its ten largest positions are 31.55% of the fund, against 24.36% for SPYI (12 holdings vs 286). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.
1 holdings are unique to AIPI and 275 to SPYI. Owning both is genuinely additive — most of the capital sits in different securities.
Largest shared positions
| Holding | AIPI | SPYI | Shared |
|---|---|---|---|
| AAPLAPPLE INC | 2.9% | 7.01% | 2.9% |
| MSFTMICROSOFT CORP | 2.84% | 5.51% | 2.84% |
| AMZNAMAZON.COM INC | 2.68% | 3.77% | 2.68% |
| MUMICRON TECHNOLOGY INC | 3.29% | 1.72% | 1.72% |
| AMDADVANCED MICRO DEVICES INC | 2.81% | 1.18% | 1.18% |
| INTCINTEL CORP | 2.68% | 0.71% | 0.71% |
| PANWPALO ALTO NETWORKS INC | 2.6% | 0.4% | 0.4% |
| IBMInternational Business Machines Corporation | 2.81% | 0.33% | 0.33% |
Shared weight is the lower of the two positions — the portion of capital both funds genuinely have in the same security.
ETF comparison questions
Short answers to the fund-specific questions behind this comparison.
Which ETF is more diversified, AIPI or SPYI?
SPYI currently has more reported holdings, with 286 positions versus 12.
Which has the lower expense ratio?
AIPI has the lower reported expense ratio in the current fund profile.
Which ETF has the higher distribution yield?
The current dataset does not show a higher-yield winner.
Which ETF has been more volatile?
AIPI has the higher annualized volatility in the current risk snapshot.
Which ETF has had the smaller drawdown?
SPYI has the less severe max drawdown in the current risk snapshot.
Which ETF has the stronger current AlgovestIQ evidence?
SPYI currently leads on supporting AlgovestIQ evidence, 54 to 47.
AIQ Agreement Matrix
2 of 3 covered evidence groups favor SPYI. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | SPYI | 47 vs 54 |
| Fundamentals | Not covered | Not covered |
| Valuation | SPYI | Value 30 vs 37 |
| Technicals | Not covered | Not covered |
| Risk Resilience | AIPI | Risk Resilience 93 vs 71 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of AIPI and SPYI and are excluded from the count.
AIQ Decision Stability
The two are close enough that your objective, not the score, should decide.
- The AIQ gap is moderate at 7 points.
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on SPYI.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
No active signals
No active signals
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Price is down while the AIQ Score moved up 2 points over the same session — price and model disagree (price -0.13%, AIQ +2 points).
Price is down while the AIQ Score moved up 3 points over the same session — price and model disagree (price -0.39%, AIQ +3 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1AIPI closes the Quality gap — currently 20 points behind, the largest single contributor to SPYI's edge.
- 2AIPI generates a confirmed bullish trend signal it does not currently carry, such as Golden Cross Active or MACD Bullish Crossover.
- 3SPYI starts generating bearish momentum or trend signals.
- 4A regime shift changes factor weighting — Quality and Value carry the heaviest weights in the composite, so a rotation toward either would move the result most.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Risk
AIPI is the more resilient| Metric | AIPI | SPYI |
|---|---|---|
| Beta | 1.15 | 0.82 |
| Sharpe ratio | -0.62 | 0.07 |
| Sortino ratio | -0.91 | 0.09 |
| Max drawdown | -27.8% | -10.1% |
| Current drawdown | -17.2% | -1% |
| Annualized volatility | 20.6% | 11.1% |
| Value at risk (95%) | -2.4% | -1.3% |
Straight answers
Each answer is regenerated from the current snapshot, not written once and left to age.
Which is better, AIPI or SPYI?
On the Algovestiq AIQ Score, SPYI is the stronger of the two as of Sep 9, 2026, scoring 54 against AIPI's 47. The edge comes from quality and value. AIPI is not without a case — it holds the better risk resilience profile, which matters more if that is the objective you are optimizing for. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.
Is AIPI or SPYI the better buy right now?
SPYI carries the stronger systematic profile as of Sep 9, 2026, and the comparison is rated Competitive — 2 of 3 covered evidence groups agree. A Competitive rating means the two are close enough that your objective, not the score, should decide.
Why does the AIQ Score favor SPYI over AIPI?
The composite weights Quality, Value, Momentum and Risk Resilience. AIPI leads Risk Resilience by 22 points; SPYI leads Quality by 20 points; SPYI leads Value by 7 points. Where the two split, the factor with the larger weight carries the result.
Which is better value, AIPI or SPYI?
SPYI is the better-valued of the two on the peer-relative Value factor. SPYI on the peer-relative Value factor, by 7 points. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.
Which has stronger growth, AIPI or SPYI?
Growth figures are not covered for both names. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.
Which has stronger momentum, AIPI or SPYI?
The two are level on Momentum. Momentum is one of the four weighted factors in the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.
Which is riskier, AIPI or SPYI?
AIPI is the more resilient of the two, so the other name carries the higher downside risk. AIPI on Risk Resilience, by 22 points. Risk Resilience is a weighted factor in the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.
Is AIPI more profitable than SPYI?
Margin data is not comparable for both names in the current snapshot.
What would change the AIPI vs SPYI verdict?
The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: AIPI closes the Quality gap — currently 20 points behind, the largest single contributor to SPYI's edge; AIPI generates a confirmed bullish trend signal it does not currently carry, such as Golden Cross Active or MACD Bullish Crossover; SPYI starts generating bearish momentum or trend signals; a regime shift changes factor weighting — Quality and Value carry the heaviest weights in the composite, so a rotation toward either would move the result most.
What do the current signals say about AIPI and SPYI?
AIPI: No active signals. SPYI: No active signals.
Compare AIPI and SPYI with others
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality, Value, Momentum and Risk, each carrying a fixed weight. Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.