FEPI vs. WANT ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to Direxion Daily Consumer Discretionary Bull 3X Shares (WANT)
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
$51.09
Average Daily Volume
177,397
15
WANT
Direxion Daily Consumer Discretionary Bull 3X Shares
WANT Description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Consumer Discretionary Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is provided by S&P Dow Jones Indices (the "index provider") and includes domestic companies from the consumer discretionary sector. It is non-diversified.Grade (RS Rating)
Last Trade
$41.02
Average Daily Volume
28,987
51
Performance
| Period | FEPI | WANT |
|---|---|---|
| 30 Days | 2.70% | 21.73% |
| 60 Days | 4.66% | 26.18% |
| 90 Days | -1.64% | 16.42% |
| 12 Months | 57.14% |
FEPI Underweight 49 Positions Relative to WANT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HD | A | -5.0% | |
| MCD | A | -2.75% | |
| LOW | A | -2.62% | |
| BKNG | B | -2.43% | |
| TJX | C | -2.32% | |
| SBUX | C | -1.88% | |
| NKE | D | -1.84% | |
| CMG | D | -1.39% | |
| ORLY | B | -1.15% | |
| MAR | C | -1.0% | |
| ABNB | D | -1.0% | |
| HLT | B | -0.97% | |
| DHI | C | -0.95% | |
| AZO | D | -0.92% | |
| ROST | C | -0.89% | |
| GM | D | -0.89% | |
| LEN | B | -0.76% | |
| RCL | B | -0.73% | |
| F | F | -0.71% | |
| YUM | B | -0.65% | |
| EBAY | A | -0.54% | |
| TSCO | A | -0.53% | |
| LULU | D | -0.52% | |
| PHM | B | -0.51% | |
| NVR | A | -0.51% | |
| GRMN | D | -0.46% | |
| DECK | C | -0.41% | |
| DRI | C | -0.35% | |
| APTV | D | -0.33% | |
| ULTA | D | -0.33% | |
| BBY | A | -0.33% | |
| GPC | D | -0.33% | |
| CCL | C | -0.32% | |
| EXPE | C | -0.31% | |
| LVS | C | -0.28% | |
| DPZ | D | -0.26% | |
| POOL | C | -0.24% | |
| KMX | D | -0.2% | |
| LKQ | F | -0.18% | |
| TPR | B | -0.18% | |
| HAS | A | -0.16% | |
| MGM | D | -0.15% | |
| CZR | C | -0.15% | |
| NCLH | C | -0.15% | |
| BWA | C | -0.14% | |
| WYNN | C | -0.14% | |
| MHK | B | -0.14% | |
| RL | B | -0.13% | |
| BBWI | F | -0.12% |
FEPI: Top Represented Industries & Keywords
WANT: Top Represented Industries & Keywords
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