FEPI vs. FDND ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to FT Vest Dow Jones Internet & Target Income ETF (FDND)
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
FDND
FT Vest Dow Jones Internet & Target Income ETF
FDND Description
FDND aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the Nasdaq-100 Index. The income stems from dividends from individual equity positions and premiums from selling naked call options. However, there is no guarantee the fund will deliver the target income. The portfolio manager actively selects 40 of the largest and most liquid US internet companies, which includes firms in the internet commerce and internet services sub-industries. Each week, FDND attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Nasdaq-100 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy.Grade (RS Rating)
Last Trade
$22.00
Average Daily Volume
1,560
41
Performance
| Period | FEPI | FDND |
|---|---|---|
| 30 Days | 1.93% | 7.92% |
| 60 Days | 5.57% | 12.56% |
| 90 Days | 6.98% | 16.46% |
| 12 Months | 21.54% |
FEPI Underweight 36 Positions Relative to FDND
| Symbol | Grade | Weight | |
|---|---|---|---|
| BKNG | A | -4.98% | |
| CSCO | B | -4.45% | |
| GOOG | C | -4.41% | |
| ANET | C | -4.25% | |
| PYPL | B | -4.25% | |
| ABNB | C | -2.86% | |
| DASH | B | -2.82% | |
| WDAY | B | -2.75% | |
| CPRT | B | -2.45% | |
| SNOW | B | -2.19% | |
| DDOG | A | -2.02% | |
| TEAM | A | -1.93% | |
| HUBS | A | -1.74% | |
| VEEV | C | -1.63% | |
| EBAY | D | -1.49% | |
| NET | B | -1.38% | |
| RBLX | C | -1.37% | |
| CVNA | B | -1.33% | |
| GDDY | A | -1.26% | |
| ZM | C | -1.03% | |
| DKNG | B | -0.97% | |
| PINS | F | -0.86% | |
| NTNX | B | -0.85% | |
| DOCU | B | -0.79% | |
| VRSN | C | -0.75% | |
| AKAM | D | -0.67% | |
| JNPR | D | -0.61% | |
| OKTA | C | -0.59% | |
| PAYC | B | -0.55% | |
| CIEN | C | -0.49% | |
| CFLT | B | -0.36% | |
| SMAR | B | -0.36% | |
| DBX | B | -0.31% | |
| MARA | B | -0.3% | |
| BOX | B | -0.24% | |
| ZI | D | -0.15% |
FEPI: Top Represented Industries & Keywords
FDND: Top Represented Industries & Keywords
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