FEPI vs. ARKQ ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to ARK Autonomous Technology & Robotics ETF (ARKQ)
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
$53.87
Average Daily Volume
111,677
15
ARKQ
ARK Autonomous Technology & Robotics ETF
ARKQ Description
Companies within ARK Autonomous Technology & Robotics ETF are focused on and are expected to substantially benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, energy, automation and manufacturing, materials, and transportation. These companies may develop, produce, or enable: Autonomous Transportation Robotics and Automation 3D Printing Energy Storage Space Exploration ARKQ is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of of autonomous technology and robotics companies that are relevant to the Fund’s investment theme of disruptive innovation.Grade (RS Rating)
Last Trade
$55.05
Average Daily Volume
108,809
30
Performance
Period | FEPI | ARKQ |
---|---|---|
30 Days | 0.11% | 3.75% |
60 Days | 0.29% | -0.95% |
90 Days | 2.45% | 3.67% |
12 Months | 19.03% |
FEPI Underweight 27 Positions Relative to ARKQ
Symbol | Grade | Weight | |
---|---|---|---|
KTOS | B | -9.84% | |
TER | A | -8.78% | |
IRDM | D | -7.29% | |
TRMB | D | -7.1% | |
PATH | F | -6.84% | |
AVAV | B | -5.28% | |
DE | B | -3.63% | |
ACHR | F | -3.31% | |
TSM | C | -2.57% | |
GOOG | B | -2.19% | |
RKLB | D | -2.0% | |
U | F | -1.86% | |
BLDE | B | -1.85% | |
SNPS | D | -1.64% | |
ISRG | D | -1.61% | |
QCOM | A | -1.48% | |
JOBY | C | -1.44% | |
ANSS | D | -1.28% | |
TDY | D | -1.17% | |
CAT | D | -1.11% | |
LMT | B | -1.07% | |
OSPN | B | -0.81% | |
DDD | F | -0.64% | |
MTLS | C | -0.53% | |
VUZI | F | -0.33% | |
PLTR | C | -0.12% | |
TWOU | F | -0.01% |
FEPI: Top Represented Industries & Keywords
ARKQ: Top Represented Industries & Keywords