PSIL vs. FEPI ETF Comparison

Comparison of AdvisorShares Psychedelics ETF (PSIL) to REX FANG & Innovation Equity Premium Income ETF (FEPI)

PSIL

AdvisorShares Psychedelics ETF

PSIL Description

AdvisorShares Trust - AdvisorShares Psychedelics ETF is an exchange traded fund launched and managed by AdvisorShares Investments, LLC. The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across healthcare, pharmaceuticals, biotechnology and life sciences companies focused on plant-based psychedelic medicines as well as other companies with business activities in the psychedelics industry sectors. The fund uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The investment seeks long-term capital appreciation. AdvisorShares Trust - AdvisorShares Psychedelics ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$1.27

Average Daily Volume

76,333

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$55.02

Average Daily Volume

110,148

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSIL	FEPI
30 Days	-5.93%	3.92%
60 Days	-15.33%	4.56%
90 Days	-13.01%	4.14%
12 Months	-26.44%

0 Overlapping Holdings

	Symbol	Grade	Weight in PSIL	Weight in FEPI	Overlap

PSIL Overweight 9 Positions Relative to FEPI

Symbol	Grade	Weight
MNMD	D	16.3%
CYBN	F	9.43%
CMPS	F	7.07%
ATAI	D	5.67%
GHRS	C	5.59%
ITCI	D	4.7%
ALKS	F	4.49%
RLMD	F	4.16%
SAGE	F	2.71%

PSIL Underweight 15 Positions Relative to FEPI

Symbol	Grade	Weight
TSLA	D	-7.49%
NVDA	B	-7.48%
MU	B	-7.04%
AAPL	B	-6.98%
GOOGL	A	-6.93%
AVGO	B	-6.92%
NFLX	B	-6.9%
PANW	C	-6.86%
AMZN	C	-6.79%
ADBE	F	-6.61%
AMD	D	-6.6%
CRM	D	-6.51%
MSFT	C	-6.48%
META	D	-6.18%
INTC	F	-5.53%