RNDV vs. FEPI ETF Comparison
Comparison of First Trust US Equity Dividend Select ETF (RNDV) to REX FANG & Innovation Equity Premium Income ETF (FEPI)
RNDV
First Trust US Equity Dividend Select ETF
RNDV Description
The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").
Grade (RS Rating)
Last Trade
$30.54
Average Daily Volume
8,943
98
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
15
Performance
| Period | RNDV | FEPI |
|---|---|---|
| 30 Days | -2.33% | -2.47% |
| 60 Days | -0.31% | -2.16% |
| 90 Days | 2.76% | 0.20% |
| 12 Months | 14.70% |
1 Overlapping Holdings
| Symbol | Grade | Weight in RNDV | Weight in FEPI | Overlap | |
|---|---|---|---|---|---|
| MSFT | C | 0.81% | 6.68% | 0.81% |
RNDV Overweight 97 Positions Relative to FEPI
| Symbol | Grade | Weight | |
|---|---|---|---|
| IBM | D | 4.27% | |
| GLW | B | 3.8% | |
| VZ | D | 3.49% | |
| HPQ | D | 3.47% | |
| HPE | D | 3.28% | |
| TXN | A | 3.12% | |
| HAS | B | 2.61% | |
| QCOM | A | 2.34% | |
| MCHP | A | 1.94% | |
| IPG | F | 1.91% | |
| OMC | B | 1.8% | |
| BMY | F | 1.73% | |
| ADI | A | 1.71% | |
| BBY | D | 1.68% | |
| TEL | C | 1.63% | |
| ABBV | D | 1.55% | |
| PRU | C | 1.51% | |
| TROW | D | 1.34% | |
| OKE | C | 1.29% | |
| CMCSA | F | 1.26% | |
| ACN | F | 1.24% | |
| MDT | C | 1.21% | |
| CVS | F | 1.17% | |
| BEN | F | 1.15% | |
| MRK | B | 1.15% | |
| MTB | A | 1.15% | |
| PM | A | 1.14% | |
| GPC | B | 1.1% | |
| JNJ | F | 1.08% | |
| NTRS | C | 1.08% | |
| MMM | A | 1.08% | |
| KLAC | B | 1.02% | |
| APH | A | 1.02% | |
| PFG | C | 1.02% | |
| CAG | B | 0.99% | |
| MET | D | 0.96% | |
| XOM | B | 0.93% | |
| CVX | B | 0.92% | |
| GRMN | A | 0.91% | |
| CINF | D | 0.9% | |
| KMB | A | 0.86% | |
| DGX | A | 0.84% | |
| K | B | 0.83% | |
| HD | D | 0.82% | |
| TSN | A | 0.8% | |
| HRL | B | 0.78% | |
| UPS | F | 0.77% | |
| GIS | B | 0.77% | |
| LOW | D | 0.76% | |
| CAH | F | 0.75% | |
| MCD | F | 0.73% | |
| ABT | D | 0.73% | |
| EOG | B | 0.73% | |
| CTRA | A | 0.72% | |
| CI | C | 0.72% | |
| BLK | D | 0.7% | |
| AFL | B | 0.7% | |
| CMI | C | 0.69% | |
| KVUE | D | 0.66% | |
| CME | D | 0.64% | |
| SWK | F | 0.64% | |
| TRV | C | 0.62% | |
| PAYX | D | 0.6% | |
| BDX | F | 0.59% | |
| LMT | B | 0.59% | |
| AMCR | A | 0.58% | |
| EG | D | 0.56% | |
| O | B | 0.54% | |
| UNH | C | 0.51% | |
| ADP | D | 0.5% | |
| EMR | D | 0.5% | |
| SNA | D | 0.49% | |
| CHRW | C | 0.47% | |
| EMN | A | 0.47% | |
| NSC | D | 0.46% | |
| PNW | B | 0.46% | |
| NKE | F | 0.45% | |
| EVRG | B | 0.45% | |
| LHX | A | 0.44% | |
| FRT | B | 0.44% | |
| MAA | B | 0.43% | |
| FMC | D | 0.43% | |
| ES | B | 0.43% | |
| ITW | F | 0.42% | |
| AEP | A | 0.42% | |
| ETR | A | 0.42% | |
| FAST | D | 0.42% | |
| EIX | A | 0.41% | |
| ESS | A | 0.4% | |
| UNP | C | 0.4% | |
| POOL | F | 0.39% | |
| AVB | A | 0.39% | |
| LEN | C | 0.38% | |
| DLR | B | 0.38% | |
| RHI | F | 0.38% | |
| APD | C | 0.27% | |
| CF | F | 0.26% |
RNDV: Top Represented Industries & Keywords
FEPI: Top Represented Industries & Keywords
Compare ETFs
