FCLD vs. FEPI ETF Comparison
Comparison of Fidelity Cloud Computing ETF (FCLD) to REX FANG & Innovation Equity Premium Income ETF (FEPI)
FCLD
Fidelity Cloud Computing ETF
FCLD Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet
Grade (RS Rating)
Last Trade
$23.62
Average Daily Volume
26,010
45
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
$52.95
Average Daily Volume
112,076
15
Performance
| Period | FCLD | FEPI |
|---|---|---|
| 30 Days | -4.87% | -2.47% |
| 60 Days | -7.68% | -2.16% |
| 90 Days | -1.01% | 0.20% |
| 12 Months | 47.15% |
FCLD Overweight 43 Positions Relative to FEPI
| Symbol | Grade | Weight | |
|---|---|---|---|
| ORCL | D | 5.02% | |
| INTU | C | 4.66% | |
| NOW | D | 4.31% | |
| EQIX | F | 3.06% | |
| DLR | B | 2.93% | |
| DDOG | C | 2.9% | |
| SMCI | D | 2.89% | |
| WDAY | D | 2.85% | |
| SNOW | D | 2.83% | |
| WDC | B | 2.74% | |
| HUBS | D | 2.73% | |
| HPE | D | 2.58% | |
| NTAP | C | 2.56% | |
| MSTR | D | 2.5% | |
| TEAM | F | 2.34% | |
| MDB | F | 2.31% | |
| PSTG | C | 2.13% | |
| STX | D | 2.07% | |
| NTNX | C | 2.06% | |
| ZM | F | 1.96% | |
| TWLO | C | 1.92% | |
| DT | F | 1.84% | |
| XRX | F | 1.83% | |
| DAY | F | 1.65% | |
| DBX | F | 1.57% | |
| ESTC | C | 1.51% | |
| PATH | D | 1.49% | |
| CFLT | D | 1.46% | |
| CVLT | A | 1.41% | |
| BOX | F | 1.37% | |
| FIVN | F | 1.35% | |
| TDC | F | 1.32% | |
| FROG | D | 1.22% | |
| GTLB | F | 1.2% | |
| PEGA | D | 1.14% | |
| RNG | D | 1.1% | |
| VRNT | C | 1.05% | |
| FSLY | F | 0.93% | |
| DOCN | D | 0.93% | |
| INFA | D | 0.9% | |
| VERX | D | 0.86% | |
| AI | F | 0.79% | |
| SWI | B | 0.67% |
FCLD: Top Represented Industries & Keywords
FEPI: Top Represented Industries & Keywords
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