REX FANG & Innovation Equity Premium Income ETFFEPI
FEPI
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
0.28% less ownership
Funds ownership: 4.47% [Q4 2024] → 4.19% (-0.28%) [Q1 2025]
10% less capital invested
Capital invested by funds: $19.7M [Q4 2024] → $17.8M (-$1.9M) [Q1 2025]
11% less funds holding
Funds holding: 35 [Q4 2024] → 31 (-4) [Q1 2025]
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
86% less call options, than puts
Call options by funds: $208K | Put options by funds: $1.52M
Research analyst outlook
We haven’t received any recent analyst ratings for FEPI.
Financial journalist opinion
Based on 5 articles about FEPI published over the past 30 days
Positive
Seeking Alpha
4 days ago
FEPI: A Concentrated Tech Income Play With Structural Weaknesses
FEPI offers high yield (25-35%) via call writing on a concentrated tech portfolio, but this aggressive payout erodes NAV over time. Stock selection methodology is interesting, blending FANG/Mag 7 with high-volume tech names, but lacks clarity on future rebalancing. Performance and drawdown management are weak; FEPI underperforms in both bullish and corrective markets compared to peers.
Neutral
Seeking Alpha
5 days ago
FEPI: Gigantic Tech Yield, But Don't Ignore The Downside Risk
FEPI's 28% yield is eye-catching, but its aggressive covered call strategy leads to significant price erosion and downside risk over time. The ETF's heavy exposure to slow-growing, overvalued tech giants like Tesla and Apple increases vulnerability to market corrections and valuation resets. April's market sell-off highlighted FEPI's limited upside and pronounced downside, as it failed to recover like broader tech indices or peer ETFs.
Positive
Seeking Alpha
1 week ago
Compound Your Wealth With The Dividend Wheel Strategy
I use high-yield option ETFs to generate frequent, substantial income, which I manually reinvest into undervalued growth stocks for compounding returns. My Dividend Wheel strategy allows for flexible allocation of distributions, helping build growth positions without additional capital, and can be scaled to any income level. Strategic use of margin can amplify income, but I stress a conservative approach and caution against over-leverage or using margin without a solid financial foundation.
Neutral
Seeking Alpha
2 weeks ago
FEPI Vs. QDTE: Both Funds Offer A Unique Value Proposition
Both FEPI and QDTE are strong option-based ETFs for income, but QDTE's higher yield and total return make it more compelling currently. FEPI offers more stability and consistent monthly payouts by holding underlying equities, while QDTE provides higher, weekly distributions using synthetic options. Both funds' distributions are funded by return of capital, making them tax-efficient for regular brokerage accounts and suitable for income-focused investors.
Positive
ETF Trends
2 weeks ago
The Hunt for Yield: Enhanced Income ETFs Thrive in a Low-Upside Market
Coming off stellar gains from last year, many entered 2025 expecting limited upside. But upside may be even more limited following the recent rebound in equities as the tariff rhetoric cools.
Negative
Seeking Alpha
1 month ago
FEPI: Dissecting The 'Mag 15' Income Strategy
The REX FANG & Innovation Equity Premium Income ETF (FEPI) was previously flagged as risky and potentially underperforming against diversified tech indices during market downturns. After April's market turmoil, I take a look at FEPI's performance and future prospects. The analysis takes a look at the inner workings of FEPI, how components are chosen, and what current options positions look like.
Positive
Seeking Alpha
1 month ago
30 April Ideal "Safer" Monthly Paying Dividend Stocks And 80 Funds
Investing $1,000 in top-yielding MoPay stocks can yield significant returns, with estimated gains of 21.06% to 40.99% by April 2026. MoPay stocks are affordable but come with higher volatility and risk, making them suitable for investors seeking high yields despite potential market fluctuations. Analyst predictions for MoPay stocks are 60% accurate for top gainers, but caution is advised as accuracy on the degree of change is low.
Positive
Seeking Alpha
1 month ago
FEPI: There Is No Magic Investment With High Total Returns And High Distribution Yields
FEPI ETF offers a high distribution yield of 25–30%, but this yield is misleading due to the inherent risks of its covered-call strategy. The fund's strategy involves owning top tech stocks and writing covered calls, which can limit upside potential in exchange for premium income. Historical data shows that covered-call strategies, like those used by FEPI, often underperform due to poor upside capture, as seen with similar indices.
Neutral
Seeking Alpha
2 months ago
FEPI: This ~30% Yield Is Less Risky Than You Might Think
My January bullish thesis on the REX FANG & Innovation Equity Premium Income ETF was based on a sideways Nasdaq 100 market, which didn't materialize. Yet, what was surprising to see is the FEPI's underperformance (relative to QQQ) even though it has the benefit of option premiums that could offset part of the downside move. In this article, I explain in more detail why FEPI failed to deliver on its promise to provide a buffer in a declining market environment.
Positive
Seeking Alpha
2 months ago
FEPI: Mag7 Exposure With A 30% Yield
REX FANG & Innovation Equity Premium Income ETF offers a 30% dividend yield by employing a covered call strategy on major tech stocks. FEPI's portfolio includes significant holdings in Mag 7 stocks like Netflix, Meta, Amazon, and Tesla, with a 20% cash position. The covered call strategy limits upside potential while providing high income.
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