FEPI vs. DARP ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to Return Stacked Bonds & Managed Futures ETF Grizzle Growth ETF (DARP)
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
$50.75
Average Daily Volume
125,887
15
DARP
Return Stacked Bonds & Managed Futures ETF Grizzle Growth ETF
DARP Description
The fund is an actively managed exchange-traded fund ("ETF") that invests primarily in equity securities of companies, with a focus on growth, innovation and disruption. The fund seeks to identify future leaders in the following overarching key growth themes including, but not limited to: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.02
Average Daily Volume
1,046
23
Performance
Period | FEPI | DARP |
---|---|---|
30 Days | -0.06% | 3.52% |
60 Days | 2.02% | 5.98% |
90 Days | 8.39% | 11.79% |
12 Months | 24.15% | 31.87% |
FEPI: Top Represented Industries & Keywords
DARP: Top Represented Industries & Keywords