FEPI vs. ARTY ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to iShares Future AI & Tech ETF (ARTY)
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
ARTY
iShares Future AI & Tech ETF
ARTY Description
The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index measures the performance of equity securities across multiple sectors.Grade (RS Rating)
Last Trade
$36.85
Average Daily Volume
77,618
39
Performance
| Period | FEPI | ARTY |
|---|---|---|
| 30 Days | 1.93% | 4.04% |
| 60 Days | 5.57% | 8.06% |
| 90 Days | 6.98% | 8.70% |
| 12 Months | 21.54% | 14.49% |
11 Overlapping Holdings
| Symbol | Grade | Weight in FEPI | Weight in ARTY | Overlap | |
|---|---|---|---|---|---|
| ADBE | C | 6.33% | 0.7% | 0.7% | |
| AMD | F | 5.99% | 5.09% | 5.09% | |
| AMZN | C | 7.12% | 2.99% | 2.99% | |
| AVGO | D | 6.47% | 5.99% | 5.99% | |
| CRM | B | 7.59% | 0.98% | 0.98% | |
| GOOGL | C | 6.97% | 3.11% | 3.11% | |
| INTC | C | 6.97% | 3.49% | 3.49% | |
| META | D | 6.59% | 3.17% | 3.17% | |
| MSFT | D | 6.39% | 2.67% | 2.67% | |
| NVDA | B | 6.85% | 6.52% | 6.52% | |
| QCOM | F | 6.13% | 0.65% | 0.65% |
FEPI Underweight 28 Positions Relative to ARTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| PLTR | B | -4.39% | |
| CRWD | B | -3.41% | |
| FTNT | C | -3.14% | |
| ADSK | A | -3.09% | |
| ANET | C | -3.06% | |
| PANW | B | -3.0% | |
| SMCI | F | -2.84% | |
| CTSH | B | -2.76% | |
| SNOW | B | -2.76% | |
| IBM | C | -2.67% | |
| ACN | B | -2.66% | |
| NET | B | -2.43% | |
| ANSS | B | -2.38% | |
| ZS | B | -2.24% | |
| PTC | B | -2.24% | |
| BILL | A | -2.03% | |
| MDB | B | -1.89% | |
| S | B | -1.77% | |
| OKTA | C | -1.72% | |
| PATH | C | -1.52% | |
| ORCL | A | -0.88% | |
| NOW | A | -0.65% | |
| MRVL | B | -0.26% | |
| DT | D | -0.05% | |
| G | B | -0.03% | |
| ESTC | C | -0.02% | |
| NCNO | C | -0.01% | |
| ZI | D | -0.01% |
FEPI: Top Represented Industries & Keywords
ARTY: Top Represented Industries & Keywords
Compare ETFs
