AUM $735.9MER 0.65%NAV $42.08Holdings 50Inception Oct 2023
Price Chart
Key Statistics
Previous Close
$41.43Day Range
$41.14$41.64
52-Week Range
$37.98$49.54
Avg Volume
263.8KDividend Yield
27.09%Expense Ratio
0.65%AUM
$735.9MShares Outstanding
17.5METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 68.57% |
| Communication Services | 18.48% |
| Consumer Cyclical | 12.95% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 96.69% |
| Other | 3.31% |
Fund Information
- Issuer
- Rexshares
- Category
- Technology
- 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 $735.9M in assets under management. The fund charges an expense ratio of 0.65%. The fund holds 50 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 66.6% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NFLX | NETFLIX INC | 6.94% | 703,280 | $51.1M |
| 2 | AAPL | APPLE INC | 6.76% | 145,378 | $49.7M |
| 3 | MU | MICRON TECHNOLOGY INC | 6.70% | 52,940 | $49.3M |
| 4 | MSFT | MICROSOFT CORP | 6.68% | 91,120 | $49.2M |
| 5 | GOOGL | ALPHABET INC-CL A | 6.67% | 140,430 | $49.0M |
| 6 | AMZN | AMAZON.COM INC | 6.65% | 191,962 | $48.9M |
| 7 | TSLA | Tesla Inc. | 6.56% | 133,165 | $48.3M |
| 8 | SNDK | SANDISK CORP/DE SNDKV | 6.53% | 34,451 | $48.1M |
| 9 | AVGO | Broadcom Inc. | 6.53% | 139,405 | $48.0M |
| 10 | META | META PLATFORMS INC | 6.53% | 65,146 | $48.0M |
| 11 | PLTR | PALANTIR TECHNOLOGIES INC. CLASS A | 6.50% | 238,377 | $47.8M |
| 12 | NVDA | NVIDIA CORP | 6.47% | 218,938 | $47.6M |
| 13 | ORCL | ORACLE CORP | 6.36% | 348,098 | $46.8M |
| 14 | AMD | ADVANCED MICRO DEVICES INC | 6.36% | 83,247 | $46.8M |
| 15 | INTC | INTEL CORP | 6.33% | 488,406 | $46.6M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.22% | |
| 1W | -1.33% | |
| 1M | -4.60% | |
| 3M | +4.58% | |
| 6M | -3.98% | |
| YTD | -8.08% | |
| 1Y | -12.26% | |
| 3Y | -17.34% | |
| 5Y | -19.68% |
Moving Averages
20-Day MA
$42.72
Below 20-Day MA50-Day MA
$42.40
Below 50-Day MA200-Day MA
$42.69
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$49.54
Current Price
$41.52
52-Week Low
$37.98
$37.98$49.54
Current Yield
27.09%
Annual Dividend
$0.8286
Frequency
52x/year
Last Ex-Date
Sep 30, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Sep 30, 2026 | $0.2074 | Oct 1, 2026 |
| Sep 23, 2026 | $0.2105 | Sep 24, 2026 |
| Sep 16, 2026 | $0.2044 | Sep 17, 2026 |
| Sep 9, 2026 | $0.2063 | Sep 10, 2026 |
| Sep 2, 2026 | $0.2052 | Sep 3, 2026 |
| Aug 26, 2026 | $0.2000 | Aug 27, 2026 |
| Aug 19, 2026 | $0.2047 | Aug 20, 2026 |
| Aug 12, 2026 | $0.2029 | Aug 13, 2026 |
| Aug 5, 2026 | $0.1954 | Aug 6, 2026 |
| Jul 29, 2026 | $0.1920 | Jul 30, 2026 |
| Jul 22, 2026 | $0.1978 | Jul 23, 2026 |
| Jul 15, 2026 | $0.2033 | Jul 16, 2026 |
| Jul 8, 2026 | $0.2064 | Jul 9, 2026 |
| Jul 1, 2026 | $0.2089 | Jul 2, 2026 |
| Jun 24, 2026 | $0.2054 | Jun 25, 2026 |
| Jun 17, 2026 | $0.2130 | Jun 18, 2026 |
| Jun 17, 2026 | $0.2129 | Jun 18, 2026 |
| Jun 10, 2026 | $0.2133 | Jun 11, 2026 |
| Jun 3, 2026 | $0.2248 | Jun 4, 2026 |
| Jun 3, 2026 | $0.2248 | Jun 4, 2026 |
Dividend Payments Over Time
Category Comparison
| Metric | FEPI | Technology(1582 ETFs) | FAANG(12 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.65% | 0.63% | 0.86% |
| AUM | $735.9M | $6.38B | $1.28B |
| Dividend Yield | 27.09% | 2.97% | 13.88% |
| Avg Volume | 263.8K | 496.8K | 412.4K |
| Holdings | 50 | 193 | 15 |
| Performance | |||
| 1-Month Return | -4.60% | -2.31% | -2.84% |
| 6-Month Return | -5.87% | +3.15% | -1.31% |
| YTD Return | -8.85% | +12.28% | +3.76% |
| 1-Year Return | -9.64% | +9.49% | +1.86% |
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