Rex FANG Innovation Premium Income ETF (FEPI)
NASDAQ (NMS) NASDAQ (NMS) Primary 
FEPI: High Yield But Poor Upside Capture
REX FANG & Innovation Equity Premium Income ETF (FEPI) offers concentrated exposure to FANG stocks and other top technology companies. The fund combines big tech stock exposure with the potential for enhanced income through a covered call strategy. While FEPI's yield is high, it has grossly underperformed on total returns because its portfolio is only exposed to the stock's downside while trading away its upside.
FEPI: Making It Rain Dividends With A Covered Call ETF
REX FANG & Innovation Equity Premium Income ETF offers a high dividend yield of around 25% and monthly distributions, making it appealing for income-focused investors. FEPI uses a strategy of writing covered calls on its holdings in the tech sector to generate income and provide capital appreciation. The fund has outperformed peer covered call ETFs, such as QYLD, due to the fact that options are written out of the money.
