KNGZ vs. FEPI ETF Comparison

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

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

$30.54

Average Daily Volume

8,830

Number of Holdings ^*

* 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

$52.95

Average Daily Volume

112,076

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KNGZ	FEPI
30 Days	-2.33%	-2.47%
60 Days	0.10%	-2.16%
90 Days	3.18%	0.20%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in KNGZ	Weight in FEPI	Overlap

KNGZ Overweight 10 Positions Relative to FEPI

Symbol	Grade	Weight
IBM	D	4.27%
GLW	B	3.83%
HPQ	D	3.59%
VZ	D	3.57%
HPE	D	3.3%
TXN	A	3.0%
QCOM	A	2.33%
HAS	B	2.19%
IPG	F	1.91%
MCHP	A	1.85%

KNGZ Underweight 15 Positions Relative to FEPI

Symbol	Grade	Weight
TSLA	D	-9.75%
NVDA	C	-8.03%
AVGO	D	-7.86%
MU	B	-7.62%
NFLX	D	-7.53%
AMD	D	-7.46%
META	D	-6.04%
ADBE	D	-5.96%
MSFT	C	-5.94%
GOOGL	A	-5.93%
AMZN	A	-5.92%
CRM	D	-5.9%
INTC	F	-5.86%
PANW	B	-5.8%
AAPL	C	-5.79%