AUM$596.6M
Expense Ratio0.65%
NAV$42.36
Holdings41
InceptionOct 11, 2023
Price Chart
Key Statistics
Previous Close
$42.78Day Range
$42.04$42.68
52-Week Range
$36.99$49.54
Avg Volume
170.4KDividend Yield
27.09%Expense Ratio
0.65%AUM
$596.6MShares Outstanding
14.0MSector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 58.52% |
| Communication Services | 28.21% |
| Consumer Cyclical | 13.27% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 99.91% |
| Other | 0.09% |
Fund Information
- Issuer
- Rexshares
- Category
- Technology
- Subcategory
- FAANG
- Inception Date
- Oct 11, 2023
- Exchange
- NASDAQ
- Description
- 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. It also provides a small buffer against declines in stock prices. Note that the buffer is limited to the options premiums and may not fully offset underlying security losses. The benchmark is an equal-weighted index comprised of 15 US technology companies, eight of which are core holdings: Apple, Alphabet, Amazon, Meta, Microsoft, Netflix, Nvidia, and Tesla. The remaining seven are selected based on quarterly trading volumes from various Factset technology-related industries.
Similar ETFs
The REX FANG & Innovation Equity Premium Income ETF (FEPI) is an exchange-traded fund issued by Rexshares that launched on Oct 11, 2023. It currently manages $596.6M in assets under management. The fund charges an expense ratio of 0.65%. The fund holds 41 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 65.5% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | APPLOVIN CORP | 7.64% | 100,966 | $48.2M |
| 2 | — | NETFLIX INC | 7.62% | 496,039 | $48.1M |
| 3 | — | PALANTIR TECHNOLOGIES INC. CLASS A | 6.94% | 289,512 | $43.8M |
| 4 | — | AMAZON.COM INC | 6.46% | 190,152 | $40.8M |
| 5 | — | Broadcom Inc. | 6.24% | 114,845 | $39.3M |
| 6 | — | MICROSOFT CORP | 6.16% | 95,767 | $38.9M |
| 7 | — | META PLATFORMS INC | 6.16% | 59,409 | $38.9M |
| 8 | — | ALPHABET INC-CL A | 6.13% | 126,050 | $38.7M |
| 9 | — | INTEL CORP | 6.08% | 819,153 | $38.3M |
| 10 | — | ADVANCED MICRO DEVICES INC | 6.04% | 187,482 | $38.1M |
| 11 | — | MICRON TECHNOLOGY INC | 6.02% | 94,171 | $38.0M |
| 12 | — | NVIDIA CORP | 6.01% | 205,357 | $37.9M |
| 13 | — | APPLE INC | 5.98% | 144,524 | $37.7M |
| 14 | — | Tesla Inc. | 5.92% | 93,461 | $37.3M |
| 15 | — | ORACLE CORP | 5.84% | 246,781 | $36.9M |
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | -1.17% | — | ||
| 1W | +0.31% | — | ||
| 1M | -1.36% | — | ||
| 3M | -7.32% | — | ||
| 6M | -10.18% | — | ||
| YTD | -7.26% | — | ||
| 1Y | -1.03% | — | ||
| 3Y | -18.44% | — | ||
| 5Y | -18.44% | — |
Moving Averages
20-Day MA
$41.98
Above 20-Day MA50-Day MA
$43.78
Below 50-Day MA200-Day MA
$45.07
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$49.54
Current Price
$42.28
52-Week Low
$36.99
$36.99$49.54
Current Yield
27.09%
Annual Dividend
$3.7806
Frequency
12x/year
Last Ex-Date
Feb 25, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Feb 25, 2026 | $0.8833 | Feb 26, 2026 |
| Jan 28, 2026 | $0.9549 | Jan 29, 2026 |
| Dec 24, 2025 | $0.9836 | Dec 26, 2025 |
| Nov 25, 2025 | $0.9588 | Nov 26, 2025 |
| Oct 29, 2025 | $1.0405 | Oct 30, 2025 |
| Sep 24, 2025 | $0.9970 | Sep 25, 2025 |
| Aug 27, 2025 | $0.9752 | Aug 28, 2025 |
| Jul 23, 2025 | $0.9706 | Jul 24, 2025 |
| Jun 25, 2025 | $0.9622 | Jun 26, 2025 |
| May 28, 2025 | $0.9261 | May 29, 2025 |
| Apr 23, 2025 | $0.8238 | Apr 24, 2025 |
| Mar 26, 2025 | $0.9436 | Mar 27, 2025 |
| Feb 26, 2025 | $0.9805 | Feb 27, 2025 |
| Jan 29, 2025 | $1.0456 | Jan 30, 2025 |
| Dec 24, 2024 | $1.0832 | Dec 26, 2024 |
| Nov 26, 2024 | $1.0974 | Nov 27, 2024 |
| 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 |
Dividend Payments Over Time
Category Comparison
| Metric | FEPI | Technology(1413 ETFs) | FAANG(12 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.65% | 0.67% | 1.00% |
| AUM | $596.6M | $6.78B | $684.1M |
| Dividend Yield | 27.09% | 2.83% | 13.88% |
| Avg Volume | 170.4K | 1.1M | 1.2M |
| Holdings | 41 | 202 | 17 |
| Performance | |||
| 1-Month Return | -1.36% | -3.56% | +0.34% |
| 6-Month Return | -9.08% | +1.80% | +2.00% |
| YTD Return | -7.44% | -1.20% | +0.65% |
| 1-Year Return | -0.59% | +18.42% | +27.71% |
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