FEPI Stock Price, Chart, Stats & News

REX FANG & Innovation Equity Premium Income ETF
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Derivative Income
Category
21.49%
Dividend yield
$9.84
0.65%
Expense ratio
727.05M
Assets
35.12%
1Y return
FEPI chart
1M
3M
1Y
5Y
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FEPI returns
| YTD | 11.17% |
| 1Y | 35.12% |
| 1Y volatility | 16.84% |
| 3Y volatility | 0.00% |
| Sharpe ratio | 0.00 |
About
FEPI employs a covered call strategy, aiming for a balance between generating income and participating in potential gains within the technology sector. Specifically, the fund holds the stocks of its benchmark, the Solactive FANG Innovation Index, and writes slightly out-of-the-money call options on them. This approach capitalizes on the volatility of big-tech firms that is reflected in the option premiums, while limiting some of the potential stock gains.
Top 10 FEPI holdings
| Holding | Ownership |
|---|---|
Technology 7.48% | |
Technology 7.06% | |
Communication Services 6.54% | |
Technology 6.50% | |
Consumer Cyclical 6.27% | |
Technology 6.25% | |
Communication Services 6.19% | |
Technology 6.09% | |
Technology 6.05% | |
Technology 5.85% |
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