FEPI vs. SOXX ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to iShares PHLX SOX Semiconductor Sector Index Fund (SOXX)
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
$51.80
Average Daily Volume
114,527
15
SOXX
iShares PHLX SOX Semiconductor Sector Index Fund
SOXX Description
The iShares PHLX SOX Semiconductor Sector Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of U.S.-listed semiconductor stocks as represented by the PHLX Semiconductor Sector IndexGrade (RS Rating)
Last Trade
$213.99
Average Daily Volume
4,048,991
30
Performance
| Period | FEPI | SOXX |
|---|---|---|
| 30 Days | -4.72% | -5.28% |
| 60 Days | -4.79% | -5.57% |
| 90 Days | -0.11% | 9.54% |
| 12 Months | 55.43% |
FEPI Underweight 25 Positions Relative to SOXX
| Symbol | Grade | Weight | |
|---|---|---|---|
| QCOM | B | -6.61% | |
| MCHP | A | -4.49% | |
| TXN | A | -4.29% | |
| ADI | A | -4.23% | |
| KLAC | B | -4.04% | |
| TSM | B | -4.01% | |
| AMAT | C | -4.01% | |
| LRCX | C | -3.93% | |
| NXPI | B | -3.9% | |
| MRVL | C | -3.85% | |
| ASML | D | -3.58% | |
| MPWR | C | -3.34% | |
| ON | D | -3.12% | |
| ENTG | C | -2.13% | |
| TER | B | -1.84% | |
| SWKS | B | -1.82% | |
| STM | F | -1.26% | |
| QRVO | B | -1.22% | |
| LSCC | F | -1.11% | |
| MKSI | C | -0.86% | |
| ASX | D | -0.73% | |
| RMBS | F | -0.69% | |
| UMC | C | -0.64% | |
| ACLS | D | -0.36% | |
| WOLF | D | -0.34% |
FEPI: Top Represented Industries & Keywords
SOXX: Top Represented Industries & Keywords
Compare ETFs
