FEPI
REX FANG EQUITY PREMIUM INCOME ETF
$41.72+0.53% today
385052-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned -7.6% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$386Massets under management
—expense ratio
—net flow, trailing month
181Kavg daily volume, 30 days
0holdings · US-domiciled
2024listed April 26, 2024
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -1.7% |
| 1 month | +3.3% |
| 3 months | -7.7% |
| 6 months | -0.5% |
| YTD | -7.6% |
| 1 year | -10.0% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
24%realized volatility, 30 days (annualized)
20%realized volatility, 1 year
-23.3%deepest fall from a peak, 1 year
-15.8%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
122calls today
153puts today
1.25put/call ratio
129Kshares traded
The case against FEPI
Due diligence cuts both ways. These funds sit on the same shelf and beat FEPI on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 0.35% | $41.9B | +$1.1B | 109× the assets · +$1.1B in over the month | Head-to-head |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 0.49% | $17.9B | +$1.4B | 46× the assets · +$1.4B in over the month | Head-to-head |
| HDV iShares Core High Dividend ETF | 0.08% | $15.1B | +$209M | 39× the assets · +$209M in over the month | Head-to-head |
| IDV iShares International Select Dividend ETF | 0.51% | $8.6B | +$97M | 22× the assets · +$97M in over the month | Head-to-head |
| PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 0.59% | $6.9B | +$1B | 18× the assets · +$1B in over the month | Head-to-head |