- What are the top holdings of FEPI?
- REX FANG & Innovation Equity Premium Income ETF holds 61 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does FEPI have?
- FEPI holds 61 positions as reported by the fund's most recent disclosure.
- What sectors does FEPI invest in?
- REX FANG & Innovation Equity Premium Income ETF (FEPI) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is FEPI most exposed to?
- FEPI's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is FEPI a US-only fund?
- The country allocation card on this page shows FEPI's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does FEPI invest in?
- The REX FANG & Innovation Equity Premium Income ETF, or FEPI, utilizes a covered call strategy designed to achieve two main goals: generating income and providing exposure to potential growth within the technology sector. The fund accomplishes this by maintaining positions in the stocks comprising its benchmark, the Solactive FANG Innovation Index, and simultaneously selling call options on these shares that are slightly out-of-the-money. This approach leverages the significant volatility often found in major technology companies, thereby earning premium income from the options. However, it also means that some of the potential upside from stock appreciation is capped. An additional benefit is a modest safeguard against drops in stock prices. It's important to recognize, though, that this protective buffer is confined to the option premiums received and may not completely negate substantial declines in the underlying securities. The fund's benchmark is an equally weighted index made up of fifteen U.S. technology firms. Eight of these are considered foundational holdings: Apple, Alphabet, Amazon, Meta, Microsoft, Netflix, Nvidia, and Tesla. The other seven companies are chosen quarterly from a diverse range of Factset technology-related industries, based on their trading volumes.
