FEPI: REX FANG & Innovation Equity Premium Income ETF
About
FEPI was created on 2023-10-11 by REX. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 404.85m in AUM and 17 holdings. FEPI 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.
Current Value
$52.271 Year Return
Current Value
$52.271 Year Return
Key Details
Assets Under Management
$406.41M
Div Yield %
26.17%
P/E Ratio
42.51
Net Asset Value
$51.76
Expense Ratio
0.65%
1Y ETF Return
0.22%
Strategies that include FEPI
Stock's related to FEPI
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SNPS | 75.21% | $82.03B | -1.18% | 0.00% |
| AVGO | 73.29% | $772.28B | +68.52% | 9.87% |
| ANET | 72.40% | $118.95B | +75.41% | 0.00% |
| VECO | 71.32% | $1.48B | -9.94% | 0.00% |
| AMZN | 70.04% | $2.15T | +42.19% | 0.00% |
| QCOM | 68.28% | $182.99B | +29.67% | 2.01% |
| OLED | 65.55% | $7.80B | +0.63% | 0.95% |
| VRT | 64.50% | $52.90B | +230.61% | 0.07% |
| AMD | 64.46% | $226.20B | +16.98% | 0.00% |
| RMBS | 64.29% | $5.57B | -21.87% | 0.00% |
| MU | 63.55% | $108.36B | +27.40% | 0.47% |
| WDC | 62.77% | $22.57B | +41.20% | 0.00% |
| CLS | 62.66% | $10.10B | +223.71% | 0.00% |
| CAMT | 61.48% | $3.40B | +16.39% | 0.00% |
| INTC | 58.39% | $104.37B | -44.55% | 1.55% |
| GOOG | 57.67% | $2.20T | +29.55% | 0.22% |
| GOOGL | 57.47% | $2.18T | +30.04% | 0.23% |
| NFLX | 57.14% | $372.45B | +83.46% | 0.00% |
| SIMO | 57.00% | $1.79B | -8.38% | 3.73% |
| NOW | 55.38% | $210.55B | +52.92% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CI | -0.01% | $89.70B | +12.57% | 1.68% |
| CYCN | -0.03% | $4.77M | -16.19% | 0.00% |
| MCS | 0.03% | $669.85M | +49.35% | 1.28% |
| ACGL | -0.06% | $36.00B | +16.84% | 0.00% |
| AWK | 0.08% | $26.93B | +5.63% | 2.17% |
| NVS | 0.08% | $202.05B | +7.15% | 3.64% |
| CTMX | 0.10% | $69.86M | -31.59% | 0.00% |
| KLG | -0.15% | $1.48B | +45.15% | 3.71% |
| NARI | -0.19% | $2.98B | -11.66% | 0.00% |
| SR | -0.22% | $3.92B | +13.67% | 4.42% |
| HOLX | 0.23% | $18.25B | +9.26% | 0.00% |
| UFI | 0.26% | $102.66M | -11.22% | 0.00% |
| IMKTA | -0.28% | $1.30B | -13.30% | 0.96% |
| ABBV | -0.34% | $294.35B | +20.07% | 3.72% |
| NEE | 0.36% | $158.51B | +32.94% | 2.60% |
| DKL | 0.37% | $2.03B | -18.84% | 10.94% |
| BCAN | 0.37% | $72.87M | -99.75% | 0.00% |
| PM | -0.38% | $201.41B | +39.59% | 4.05% |
| OCX | 0.46% | $42.93M | -36.09% | 0.00% |
| THS | -0.62% | $1.72B | -17.36% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| GIS | -30.81% | $34.85B | -2.91% | 3.78% |
| ED | -27.38% | $33.59B | +7.16% | 3.43% |
| T | -24.55% | $163.09B | +40.40% | 4.87% |
| JNJ | -24.29% | $368.37B | +1.24% | 3.18% |
| CPB | -24.12% | $12.96B | +7.08% | 3.40% |
| CBOE | -24.04% | $21.46B | +15.84% | 1.11% |
| FDP | -23.99% | $1.62B | +45.67% | 2.97% |
| WEC | -22.27% | $31.33B | +22.40% | 3.38% |
| CMS | -21.72% | $20.49B | +20.66% | 3.01% |
| SO | -21.40% | $96.74B | +26.76% | 3.24% |
| HUSA | -21.22% | $16.69M | -11.56% | 0.00% |
| DUK | -21.00% | $87.74B | +26.37% | 3.65% |
| K | -20.79% | $27.77B | +52.50% | 2.79% |
| D | -20.38% | $48.38B | +24.06% | 4.62% |
| ASPS | -19.79% | $22.36M | -80.26% | 0.00% |
| AEE | -19.76% | $24.59B | +20.10% | 2.87% |
| XEL | -19.67% | $41.42B | +15.91% | 3.12% |
| LNT | -18.86% | $15.97B | +26.81% | 3.08% |
| ES | -17.74% | $22.60B | +4.85% | 4.58% |
| AMT | -17.62% | $94.00B | +1.83% | 3.29% |
ETF's related to FEPI
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| JEPQ | 94.61% | $18.60B | 0.35% |
| IGM | 93.27% | $5.60B | 0.41% |
| ILCG | 93.18% | $2.44B | 0.04% |
| TECB | 93.13% | $429.37M | 0.3% |
| QGRW | 93.12% | $584.66M | 0.28% |
| IYW | 92.84% | $19.23B | 0.39% |
| WINN | 92.76% | $620.54M | 0.57% |
| JGRO | 92.64% | $3.98B | 0.44% |
| IWY | 92.60% | $12.45B | 0.2% |
| SPUS | 92.25% | $899.44M | 0.45% |
| FTEC | 92.05% | $12.59B | 0.084% |
| TMFC | 91.83% | $1.13B | 0.5% |
| AIQ | 91.82% | $2.39B | 0.68% |
| FBCG | 91.76% | $2.55B | 0.59% |
| TCHP | 91.63% | $890.14M | 0.57% |
| XLK | 91.52% | $71.43B | 0.09% |
| FFOG | 90.98% | $118.40M | 0.55% |
| IXN | 90.96% | $5.14B | 0.41% |
| IGPT | 90.59% | $407.54M | 0.58% |
| QTEC | 90.47% | $3.85B | 0.57% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| GOVI | -0.05% | $1.06B | 0.15% |
| KMLM | -0.08% | $353.87M | 0.9% |
| WEAT | -0.32% | $120.27M | 0.28% |
| AGZ | -0.36% | $708.37M | 0.2% |
| VGIT | 0.38% | $30.89B | 0.04% |
| STPZ | 0.40% | $483.31M | 0.2% |
| FLGV | -0.42% | $850.15M | 0.09% |
| IBTG | -0.42% | $1.48B | 0.07% |
| SCHR | -0.46% | $9.97B | 0.03% |
| IBTI | -0.54% | $719.73M | 0.07% |
| IBTE | 0.55% | $1.70B | 0.07% |
| GBIL | -0.57% | $5.60B | 0.12% |
| SHY | -0.62% | $22.43B | 0.15% |
| IEI | -0.63% | $14.62B | 0.15% |
| AGGH | -0.72% | $253.02M | 0.33% |
| SPTL | 0.76% | $10.33B | 0.03% |
| SCHQ | 0.76% | $762.08M | 0.03% |
| VGLT | 0.80% | $12.70B | 0.04% |
| EDV | 0.82% | $3.88B | 0.06% |
| IBDP | -0.82% | $2.11B | 0.1% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VIXY | -66.91% | $195.31M | 0.85% |
| TAIL | -61.86% | $67.98M | 0.59% |
| BTAL | -51.70% | $388.04M | 1.43% |
| CCOR | -27.63% | $109.04M | 1.18% |
| DFNM | -15.54% | $1.40B | 0.17% |
| XONE | -13.29% | $548.88M | 0.03% |
| XHLF | -12.19% | $874.27M | 0.03% |
| SHYD | -11.71% | $311.50M | 0.35% |
| SPTS | -10.89% | $5.71B | 0.03% |
| UTWO | -9.75% | $447.63M | 0.15% |
| GOVZ | -8.99% | $313.00M | 0.1% |
| USDU | -8.86% | $201.97M | 0.5% |
| HTAB | -8.43% | $437.10M | 0.4% |
| YEAR | -7.99% | $1.13B | 0.25% |
| UUP | -7.46% | $309.25M | 0.77% |
| XBIL | -7.14% | $637.70M | 0.15% |
| CLOI | -7.06% | $715.40M | 0.4% |
| TBLL | -7.00% | $1.92B | 0.08% |
| TYA | -6.62% | $124.05M | 0.17% |
| SMB | -6.54% | $266.77M | 0.07% |
News
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FEPI's strategy involves owning underlying tech assets and implementing 'out-of-the-money' options, which allows for some capital appreciation. Read more here.
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Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.