FTXL vs. FEPI ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to REX FANG & Innovation Equity Premium Income ETF (FEPI)
FTXL

First Trust Nasdaq Semiconductor ETF

FTXL Description

The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.

Grade (RS Rating)

Last Trade

$86.96

Average Daily Volume

28,372

Number of Holdings *

31

* may have additional holdings in another (foreign) market
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

125,412

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period FTXL FEPI
30 Days -6.07% 1.48%
60 Days -3.70% 5.25%
90 Days -5.37% 7.46%
12 Months 20.61% 21.81%
6 Overlapping Holdings
Symbol Grade Weight in FTXL Weight in FEPI Overlap
AMD F 2.47% 5.99% 2.47%
AVGO D 8.81% 6.47% 6.47%
INTC C 8.92% 6.97% 6.97%
MU D 4.4% 6.63% 4.4%
NVDA A 10.11% 6.85% 6.85%
QCOM F 7.59% 6.13% 6.13%
FTXL Overweight 25 Positions Relative to FEPI
Symbol Grade Weight
AMAT F 7.7%
MRVL B 4.05%
TXN C 4.04%
ADI D 3.81%
LRCX F 3.75%
ON F 3.67%
NXPI F 3.57%
MCHP F 3.33%
KLAC F 3.3%
AMKR F 3.24%
SWKS F 3.23%
AVT C 2.22%
COHR B 1.93%
TER F 1.57%
QRVO F 1.45%
MPWR F 1.26%
CRUS F 1.13%
RMBS C 0.74%
MTSI B 0.62%
PI D 0.6%
LSCC F 0.59%
SMTC B 0.58%
FORM F 0.45%
ONTO F 0.42%
ACLS F 0.39%
FTXL Underweight 9 Positions Relative to FEPI
Symbol Grade Weight
TSLA B -10.32%
CRM B -7.59%
AMZN B -7.12%
GOOGL B -6.97%
NFLX A -6.86%
META C -6.59%
MSFT D -6.39%
ADBE D -6.33%
AAPL C -6.21%
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