FEPI vs. SEMI ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to Columbia Seligman Semiconductor and Technology ETF (SEMI)
FEPI
REX FANG & Innovation Equity Premium Income ETF
FEPI Description
FEPI employs a covered call strategy, aiming for a balance between generating income and participating in potential gains within the technology sector. Specifically, the fund holds the stocks of its benchmark, the Solactive FANG Innovation Index, and writes slightly out-of-the-money call options on them. This approach capitalizes on the volatility of big-tech firms that is reflected in the option premiums, while limiting some of the potential stock gains. It also provides a small buffer against declines in stock prices. Note that the buffer is limited to the options premiums and may not fully offset underlying security losses. The benchmark is an equal-weighted index comprised of 15 US technology companies, eight of which are core holdings: Apple, Alphabet, Amazon, Meta, Microsoft, Netflix, Nvidia, and Tesla. The remaining seven are selected based on quarterly trading volumes from various Factset technology-related industries.
Grade (RS Rating)
Last Trade
$53.71
Average Daily Volume
109,149
15
SEMI
Columbia Seligman Semiconductor and Technology ETF
SEMI Description
SEMI is designed to provide exposure to the broad information technology sector by focusing on pure-play companies related to the semiconductor industry. The fund actively and generally invests in 30-50 high-conviction semiconductor or semiconductor-related firms, as defined by GICS, including those under communication equipment, electronic equipment, technology hardware, storage and peripherals, and software. Additionally, the fund requires at least 25% of its assets be invested in companies in the semiconductor and semiconductor equipment industry. Security selection is done through extensive in-depth research. SEMI is a non-transparent ETF and does not provide daily disclosure of its portfolio holdings unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads, especially during periods of volatility. The fund instead publishes a trading basket daily, which provides a preview of selected holdings without disclosing the actual portfolio.Grade (RS Rating)
Last Trade
$24.98
Average Daily Volume
4,241
33
Performance
| Period | FEPI | SEMI |
|---|---|---|
| 30 Days | -0.71% | -2.27% |
| 60 Days | 0.31% | 0.84% |
| 90 Days | 0.18% | 6.24% |
| 12 Months | 46.53% |
FEPI Underweight 28 Positions Relative to SEMI
| Symbol | Grade | Weight | |
|---|---|---|---|
| LRCX | D | -7.94% | |
| SMTC | B | -5.87% | |
| AMAT | C | -4.47% | |
| MRVL | D | -4.47% | |
| ADI | A | -4.46% | |
| KLAC | B | -4.14% | |
| NXPI | A | -4.0% | |
| ON | F | -3.81% | |
| MCHP | C | -3.28% | |
| QCOM | B | -3.16% | |
| TER | A | -3.12% | |
| WDC | B | -3.01% | |
| INDI | F | -2.92% | |
| TSM | B | -2.7% | |
| QRVO | F | -2.33% | |
| SYNA | F | -2.18% | |
| STM | F | -2.01% | |
| AEIS | B | -1.9% | |
| BE | C | -1.72% | |
| CDNS | D | -1.45% | |
| SNPS | D | -1.45% | |
| SWKS | F | -1.26% | |
| SGH | F | -0.98% | |
| ICHR | D | -0.64% | |
| MKSI | C | -0.54% | |
| KLIC | D | -0.49% | |
| DIOD | B | -0.48% | |
| ENTG | D | -0.43% |
FEPI: Top Represented Industries & Keywords
SEMI: Top Represented Industries & Keywords
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