FEPI vs. BUG ETF Comparison

Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to Global X Cybersecurity ETF (BUG)

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

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

BUG

Global X Cybersecurity ETF

BUG Description

The Global X Cybersecurity ETF (BUG) seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices.

Grade (RS Rating)

Last Trade

$28.65

Average Daily Volume

195,835

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

Performance

Period	FEPI	BUG
30 Days	-2.47%	-3.01%
60 Days	-2.16%	-5.29%
90 Days	0.20%	-4.88%
12 Months		36.70%

1 Overlapping Holdings

	Symbol	Grade	Weight in FEPI	Weight in BUG	Overlap
	PANW	B	7.32%	5.65%	5.65%

FEPI Overweight 14 Positions Relative to BUG

	Symbol	Grade	Weight
	TSLA	D	7.59%
	GOOGL	A	7.02%
	AAPL	C	6.98%
	ADBE	D	6.93%
	CRM	D	6.83%
	INTC	F	6.74%
	AVGO	D	6.74%
	MSFT	C	6.68%
	AMZN	A	6.59%
	NVDA	C	6.58%
	AMD	D	6.55%
	MU	B	6.38%
	NFLX	D	6.35%
	META	D	6.12%

FEPI Underweight 16 Positions Relative to BUG

	Symbol	Grade	Weight
	CRWD	D	-7.99%
	CHKP	D	-5.49%
	FTNT	F	-5.45%
	ZS	D	-5.38%
	CYBR	D	-5.19%
	S	D	-5.14%
	OKTA	D	-5.02%
	VRNS	D	-4.94%
	TENB	F	-4.72%
	ATEN	A	-4.59%
	QLYS	D	-4.09%
	RDWR	F	-3.95%
	RPD	F	-3.58%
	OSPN	B	-2.22%
	TLS	D	-1.24%
	ARQQ	F	-0.25%

FEPI: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Internet Content & Information Auto Manufacturers Consumer Electronics Media - Diversified Semiconductor Memory Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Work From Home Dow Jones Component Mobile Devices Hyperscale Smartphones Software Consumer Electronics Design Manufacturers Laptop Computer Operating System Subscription Services Artificial Intelligence Baseband Baseband Processor CRM Cellular Telephone Cloud Computing

BUG: Top Represented Industries & Keywords

Industries: Software - Infrastructure Software - Application Communication Equipment Information Technology Services Telecom Services

Keywords: Cybersecurity Computer Security Computing Nasdaq 100 Security Solution Computer Network Security Cryptography Cyberwarfare Firewall Firewall Software VPN Work From Home Cloud Computing Content Control Software Cybersecurity Solutions Malware Mobile Devices Software As A Service Web Application Antivirus Software