REX FANG & Innovation Equity Premium Income ETF

$FEPI · REX Shares · tracks Solactive FANG Innovation Covered Call Index · since 2023

Dividend yield

24.70%

Expense ratio

0.65%

Assets

$0.7B

Weighted P/E

32.5x

About FEPI

Holds the 15 largest tech and innovation names (FANG+ constituents like NVDA, META, AAPL, MSFT) with a covered call overlay to generate very high monthly income at the cost of capping upside.

Sector exposure

Technology60.2%
Communication26.4%
Consumer Discretionary13.4%

How StockWorthy analyses FEPI

ETFs hold companies rather than generating cash flow themselves, so FEPI is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 25.00% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.