CLOU vs. FEPI ETF Comparison
Comparison of Global X Cloud Computing ETF (CLOU) to REX FANG & Innovation Equity Premium Income ETF (FEPI)
CLOU
Global X Cloud Computing ETF
CLOU Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.
Grade (RS Rating)
Last Trade
$24.13
Average Daily Volume
181,608
35
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
$51.96
Average Daily Volume
126,441
15
Performance
| Period | CLOU | FEPI |
|---|---|---|
| 30 Days | 16.01% | 1.93% |
| 60 Days | 18.69% | 5.57% |
| 90 Days | 19.69% | 6.98% |
| 12 Months | 19.34% | 21.54% |
CLOU Overweight 31 Positions Relative to FEPI
| Symbol | Grade | Weight | |
|---|---|---|---|
| SHOP | B | 4.93% | |
| QLYS | B | 4.59% | |
| HUBS | A | 4.47% | |
| TWLO | A | 4.23% | |
| ZM | C | 4.09% | |
| WDAY | B | 4.09% | |
| ZS | B | 4.09% | |
| WIX | A | 4.0% | |
| SPSC | D | 4.0% | |
| NOW | A | 3.97% | |
| SNOW | B | 3.87% | |
| PAYC | B | 3.87% | |
| PCOR | B | 3.83% | |
| WK | B | 3.83% | |
| DBX | B | 3.82% | |
| BOX | B | 3.81% | |
| DLR | B | 3.59% | |
| AKAM | D | 3.16% | |
| FRSH | B | 2.97% | |
| DOCN | C | 2.85% | |
| AI | B | 2.77% | |
| FIVN | D | 2.37% | |
| VMEO | B | 0.85% | |
| YEXT | B | 0.82% | |
| HSTM | B | 0.8% | |
| FSLY | D | 0.79% | |
| VNET | B | 0.72% | |
| PUBM | C | 0.54% | |
| KC | B | 0.39% | |
| BABA | D | 0.31% | |
| IBM | C | 0.28% |
CLOU: Top Represented Industries & Keywords
FEPI: Top Represented Industries & Keywords
Compare ETFs
