ESPO vs. FEPI ETF Comparison

Comparison of VanEck Vectors Video Gaming and eSports ETF (ESPO) to REX FANG & Innovation Equity Premium Income ETF (FEPI)

ESPO

VanEck Vectors Video Gaming and eSports ETF

ESPO Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Video Gaming & eSports Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is a global index that tracks the performance of the global video gaming and eSports (also known as electronic sports) segment. The fund may invest in depositary receipts and securities denominated in foreign currencies. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.88

Average Daily Volume

14,793

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

$52.26

Average Daily Volume

130,996

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ESPO	FEPI
30 Days	12.81%	2.29%
60 Days	8.04%	4.26%
90 Days	17.31%	8.23%
12 Months	51.65%	22.42%

1 Overlapping Holdings

	Symbol	Grade	Weight in ESPO	Weight in FEPI	Overlap
	AMD	F	6.3%	6.48%	6.3%

ESPO Overweight 7 Positions Relative to FEPI

Symbol	Grade	Weight
APP	B	14.3%
NTES	D	6.24%
EA	C	5.97%
RBLX	C	5.4%
GME	C	5.32%
TTWO	B	4.7%
U	C	4.39%

ESPO Underweight 14 Positions Relative to FEPI

Symbol	Grade	Weight
NFLX	B	-6.92%
INTC	C	-6.88%
AAPL	B	-6.87%
QCOM	F	-6.76%
MSFT	D	-6.72%
TSLA	B	-6.64%
AMZN	C	-6.64%
NVDA	C	-6.56%
ADBE	C	-6.55%
CRM	B	-6.51%
GOOGL	C	-6.51%
META	D	-6.49%
AVGO	D	-6.46%
MU	D	-6.39%