FEPI vs. IGPT ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to Invesco AI and Next Gen Software ETF (IGPT)
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
IGPT
Invesco AI and Next Gen Software ETF
IGPT Description
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The fund is non-diversified.Grade (RS Rating)
Last Trade
$45.26
Average Daily Volume
40,048
63
Performance
| Period | FEPI | IGPT |
|---|---|---|
| 30 Days | -0.06% | 0.91% |
| 60 Days | 2.02% | 1.89% |
| 90 Days | 8.39% | 9.14% |
| 12 Months | 24.15% | 37.74% |
FEPI Underweight 55 Positions Relative to IGPT
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | B | -4.46% | |
| EQIX | B | -3.0% | |
| ADSK | B | -2.17% | |
| CDNS | C | -2.13% | |
| TTD | B | -1.86% | |
| DLR | A | -1.8% | |
| SNPS | B | -1.68% | |
| MRVL | A | -1.49% | |
| MSTR | B | -1.45% | |
| SNOW | C | -1.35% | |
| MCHP | F | -1.03% | |
| HUBS | B | -1.0% | |
| ANSS | C | -0.99% | |
| AME | A | -0.96% | |
| WDC | C | -0.8% | |
| SMCI | F | -0.78% | |
| STX | D | -0.77% | |
| EA | A | -0.75% | |
| FTV | F | -0.72% | |
| PINS | C | -0.68% | |
| ARM | B | -0.62% | |
| NTAP | D | -0.62% | |
| DOCU | A | -0.51% | |
| GRMN | A | -0.51% | |
| BIDU | F | -0.5% | |
| HPE | A | -0.47% | |
| IOT | C | -0.36% | |
| PSTG | D | -0.35% | |
| BSY | F | -0.31% | |
| ROKU | D | -0.29% | |
| LSCC | C | -0.26% | |
| U | C | -0.24% | |
| CGNX | B | -0.23% | |
| ESTC | D | -0.21% | |
| ALTR | B | -0.2% | |
| CRDO | A | -0.17% | |
| NOVT | C | -0.14% | |
| DLB | B | -0.14% | |
| RDNT | D | -0.14% | |
| SLAB | F | -0.13% | |
| PEGA | A | -0.12% | |
| CCOI | B | -0.12% | |
| TDC | B | -0.11% | |
| DV | F | -0.09% | |
| IPGP | B | -0.09% | |
| BRZE | F | -0.08% | |
| FIVN | C | -0.08% | |
| AMBA | B | -0.08% | |
| CLVT | D | -0.07% | |
| MGNI | D | -0.06% | |
| INFA | C | -0.06% | |
| VRNT | F | -0.05% | |
| CXM | F | -0.04% | |
| HLIT | F | -0.04% | |
| MXL | D | -0.02% |
FEPI: Top Represented Industries & Keywords
IGPT: Top Represented Industries & Keywords
Compare ETFs
