REX FANG & Innovation Equity Premium Income ETF (FEPI)
| Assets | $399.22M |
| Expense Ratio | 0.65% |
| PE Ratio | 43.79 |
| Shares Out | 7.80M |
| Dividend (ttm) | $13.64 |
| Dividend Yield | 27.14% |
| Ex-Dividend Date | Oct 24, 2024 |
| Payout Ratio | 1,187.24% |
| 1-Year Return | +1.25% |
| Volume | 215,641 |
| Open | 51.00 |
| Previous Close | 51.24 |
| Day's Range | 50.21 - 51.00 |
| 52-Week Low | 44.16 |
| 52-Week High | 57.29 |
| Beta | n/a |
| Holdings | 49 |
| Inception Date | Oct 9, 2023 |
About FEPI
Fund Home PageThe REX FANG & Innovation Equity Premium Income ETF (FEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking to provide similar returns as the Solactive FANG Innovation Index and monthly income. The fund invests in the securities comprising the index while writing call options on them. FEPI was launched on Oct 9, 2023 and is issued by REX.
Top 10 Holdings
70.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla, Inc. | TSLA | 8.29% |
| NVIDIA Corporation | NVDA | 7.29% |
| Netflix, Inc. | NFLX | 7.22% |
| Micron Technology, Inc. | MU | 6.99% |
| Microsoft Corporation | MSFT | 6.95% |
| Salesforce, Inc. | CRM | 6.82% |
| Amazon.com, Inc. | AMZN | 6.80% |
| Alphabet Inc. | GOOGL | 6.78% |
| Intel Corporation | INTC | 6.74% |
| Advanced Micro Devices, Inc. | AMD | 6.73% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 24, 2024 | $1.0775 | Oct 25, 2024 |
| Sep 26, 2024 | $1.0922 | Sep 27, 2024 |
| Aug 27, 2024 | $1.0793 | Aug 28, 2024 |
| Jul 26, 2024 | $1.0888 | Jul 29, 2024 |
| Jun 25, 2024 | $1.14976 | Jun 26, 2024 |
| May 23, 2024 | $1.1613 | May 28, 2024 |
News
FEPI: Diversification Exists For A Reason
I rate the REX FANG & Innovation Equity Premium Income ETF a Hold. The strategy has its perks, but has portfolio flaws for the average long-term income investor. FEPI's strategy of writing covered cal...
FEPI: An Efficient Way To Utilize A Covered Call Fund
I recommend the REX FANG & Innovation Premium Income ETF for its high dividend yield and capital preservation, making it ideal for income generation. FEPI's strategy involves owning underlying tech as...
Comparing 3 New And 1 Older Covered Call ETFs Offering High-Yield Income From Tech Stocks
Covered Call ETFs like QYLD, FEPI, QQQI, and QDTE offer high yields by selling call options on Nasdaq 100 stocks, appealing to income-focused investors. FEPI, launched in October 2023, owns shares of ...
FEPI: Income Not Worth The Risk Of Capital Loss
The FEPI ETF generates high monthly income by selling covered calls on FANG stocks, achieving 25% annualized income over the past 11 months since its inception. The underlying stocks' high valuations ...
FEPI Provides Investors With High Income But Growth Is Capped
FEPI invests in the top 15 large-cap tech stocks and sells covered calls to generate income, capping growth and exposing investors to downside risk. REX FANG & Innovation Equity Premium Income ETF off...
FEPI: Not So 'Premium' Portfolio, Better ETFs Available
ETFs selling covered calls with a growth portfolio is an interesting income approach during a bull market. Investors may look at a short-term bottom and recovery for good opportunities to buy growth (...
FEPI: The New Cornerstone Of Income ETFs
Cornerstone funds CLM and CRF offer monthly high-yield distributions with potential for capital appreciation from top S&P 500 stocks. Rex FANG & Innovation Equity Premium Income ETF offers even higher...
Don't Go Into The Next Market Crash Without These 7%+ Dividends
We've seen more choppiness in the markets in the last couple of weeks. That once again highlights why we should—dare I say need to—own one of the lowest-volatility, highest-paying investments I know o...
FEPI: Big Income And I Am Buying This 17% Yielding Covered Call ETF
FEPI is a concentrated ETF focused on technology, generating high income through covered call options. Risks include lack of diversification and potential decline if technology sector loses favor. FEP...
AI-Powered Passive Income Snowball: FEPI And 2 Other Big Yields
AI-Powered Passive Income Snowball: FEPI And 2 Other Big Yields
FEPI: High Yield But Poor Upside Capture
REX FANG & Innovation Equity Premium Income ETF (FEPI) offers concentrated exposure to FANG stocks and other top technology companies. The fund combines big tech stock exposure with the potential for ...
FEPI: Making It Rain Dividends With A Covered Call ETF
REX FANG & Innovation Equity Premium Income ETF offers a high dividend yield of around 25% and monthly distributions, making it appealing for income-focused investors. FEPI uses a strategy of writing ...
NVDA, FEPI: Popularity of Single Stock ETFs
REX shares Nvidia 2X Long ETF (NVDX) is up almost 60% this month. Scott Acheychek discusses the long and short of single stock ETFs.
FEPI: A Covered Call High Yield Tech Play
REX FANG & Innovation Equity Premium Income ETF (FEPI) combines the growth potential of large tech companies with income generation from covered call strategies.
FEPI: This Fund Has A Great Strategy For Investors Seeking Consistent Income
Investors focused on income and dividends have struggled to find low and medium-risk investments that offer steady payouts. REX FANG & Innovation Equity Premium Income ETF has provided a total return ...
FEPI: Above Average Yielding Covered Call ETF With A Nuanced Focus
REX Fang & Innovation Equity Premium Income ETF is a covered call ETF that has performed well since its inception in November 2023. FEPI tracks a selected universe of stocks and sells out-of-the-money...
FEPI: Good Covered Call ETF, But Better Choices Are Out There
FEPI is a covered call ETF focusing on select growth and tech stocks. Although the fund offers investors a sky-high 25.9% yield and has outperformed since inception, risks seem excessive. JEPQ is a si...
Investing In Big Tech With T-Rex 2X Long ETFs
We look for stocks that are super popular that people want to follow, notes Scott Acheychek. He discusses investing in big tech with T-Rex 2X/-2X ETFs.
FEPI: So Far So Good
REX Fang & Innovation Equity Premium Income ETF has achieved a 25% annualized yield in its first 3 months, raising its distributions each month. FEPI has seen both high yield and share price appreciat...
FEPI: This New Covered Call Fund Shows Some Potential
REX FANG & Innovation Equity Premium Income ETF is a new covered call fund that holds 15 big tech stocks on the Nasdaq and writes covered calls against each stock. The fund's approach of writing cover...
REX Shares Launches FEPI for Investors Seeking Big Tech Exposure and High Income Potential
MIAMI--(BUSINESS WIRE)--REX Shares (“REX”), a leader in exchange-traded products, announces the launch of the REX FANG & Innovation Equity Premium Income ETF (Nasdaq: FEPI). This groundbreaking ETF is...