FEPI vs. KNGZ ETF Comparison

Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ)

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

$51.07

Average Daily Volume

179,477

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

KNGZ

First Trust S&P 500 Diversified Dividend Aristocrats ETF

KNGZ Description

The fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider to the new index, the new index measures the performance of companies within the S&P 500 Index that have demonstrated stable or increasing dividend per share amounts.

Grade (RS Rating)

Last Trade

$34.27

Average Daily Volume

2,353

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	FEPI	KNGZ
30 Days	4.52%	3.08%
60 Days	3.87%	4.85%
90 Days	-0.54%	9.08%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in FEPI	Weight in KNGZ	Overlap

FEPI Overweight 15 Positions Relative to KNGZ

	Symbol	Grade	Weight
	AMZN	C	7.33%
	TSLA	C	7.33%
	NFLX	B	7.26%
	AMD	C	7.16%
	INTC	D	7.09%
	MSFT	C	7.0%
	AVGO	C	7.0%
	PANW	D	6.79%
	META	B	6.79%
	CRM	C	6.68%
	NVDA	C	6.65%
	AAPL	C	6.54%
	GOOGL	D	6.47%
	ADBE	F	6.45%
	MU	D	6.09%

FEPI Underweight 10 Positions Relative to KNGZ

	Symbol	Grade	Weight
	IBM	B	-4.15%
	TXN	B	-3.6%
	HPQ	C	-3.6%
	VZ	A	-3.49%
	GLW	B	-3.49%
	HPE	C	-2.88%
	IPG	C	-2.58%
	MCHP	D	-2.31%
	ACN	C	-2.19%
	BMY	C	-2.09%

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 IBD 50 Smartphones Software Consumer Electronics Design Manufacturers Laptop Computer Operating System Subscription Services Artificial Intelligence Baseband Baseband Processor CRM Cellular Telephone

KNGZ: Top Represented Industries & Keywords

Industries: Information Technology Services Semiconductors Advertising Agencies Communication Equipment Computer Systems Drug Manufacturers - Major Electronic Components Telecom Services

Keywords: S&P 500 Computing Information Management Technology Services Analog Products Cloud Computing Dow Jones Component Electronics Enterprise Solution Ethernet Information Technology Management Microcontroller Nasdaq 100 Networking Products Notebook Computer Power Management Semiconductor Wireless Segment Work From Home Accenture