AIPI vs FMKT
REX AI Equity Premium Income ETF against The Free Markets ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
16%
6 shared positions
Fee gap
11 bp
AIPI is cheaper
1-year return gap
7.5 pts
FMKT is ahead
Larger fund
AIPI
$436M
Side by side
| AIPI | FMKT | |
|---|---|---|
| Fund | REX AI Equity Premium Income ETF | The Free Markets ETF |
| Issuer | REX Shares | The Free |
| Category | Covered Call | Large Cap Blend |
| Expense ratio | 0.65% | 0.76% |
| Assets | $436M | $15M |
| Average daily dollar volume | $9.3M | $53K |
| Listed | Jun 3, 2024 | Jun 9, 2025 |
| FrenzyCap score | 63 | 20 |
| 1-month return | −4.2% | −4.5% |
| 3-month return | +4.2% | −2.2% |
| Year to date | −9.7% | −0.7% |
| 1-year return | −17.1% | −9.5% |
| 30-day volatility | 17.8% | 15.6% |
| Worst drawdown, 1 year | −27.8% | −17.1% |
| Trailing 12-month yield | 37.12% | 2.17% |
| Holdings | 69 | 51 |
| Top 10 weight | 61.0% | 29.6% |
| Look-through P/E | 41.8 | 59.1 |
| Holdings vs fair value | −3.8% | +12.0% |
| Holdings above 200-day average | 89% | 40% |
| Net flow, latest 3 reported months | +$17M thru May 2026 | −$3.2M thru May 2026 |
| 30-day implied volatility | 19.0% | — |
| Holdings as of | as of Sep 30, 2026third-party data | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
27% of AIPI · 16% of FMKT
Sector mix of the stock holdings
| Sector | AIPI | FMKT | Gap |
|---|---|---|---|
| Technology | 102.7% | 17.8% | +84.9% |
| Financials | 0.0% | 28.6% | −28.6% |
| Industrials | 0.0% | 18.7% | −18.7% |
| Utilities | 0.0% | 8.9% | −8.9% |
| Materials | 0.0% | 5.1% | −5.1% |
| Consumer Staples | 0.0% | 4.2% | −4.2% |
| Health Care | 0.0% | 3.8% | −3.8% |
| Real Estate | 0.0% | 3.4% | −3.4% |
| Consumer Discretionary | 2.9% | 0.0% | +2.9% |
| Communication Services | 0.0% | 2.1% | −2.1% |
More: full overlap table · AIPI holdings · FMKT holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.