TDVI vs. FEPI ETF Comparison

Comparison of FT CBOE Vest Technology Dividend Target Income ETF (TDVI) to REX FANG & Innovation Equity Premium Income ETF (FEPI)

TDVI

FT CBOE Vest Technology Dividend Target Income ETF

TDVI Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in dividend-paying securities and/or investments that provide exposure to dividend-paying securities of technology companies. The equity securities held by the fund will be selected by the portfolio managers from the common stocks and depositary receipts in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.00

Average Daily Volume

16,583

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	TDVI	FEPI
30 Days	-2.07%	-2.47%
60 Days	-2.62%	-2.16%
90 Days	3.52%	0.20%
12 Months

3 Overlapping Holdings

Symbol	Grade	Weight in TDVI	Weight in FEPI	Overlap
AAPL	C	7.4%	6.98%	6.98%
AVGO	D	7.95%	6.74%	6.74%
MSFT	C	7.93%	6.68%	6.68%

TDVI Overweight 7 Positions Relative to FEPI

Symbol	Grade	Weight
IBM	D	8.05%
TXN	A	6.91%
ORCL	D	4.39%
QCOM	A	4.18%
TSM	C	3.34%
ADI	A	2.84%
VZ	D	2.04%

TDVI Underweight 12 Positions Relative to FEPI

Symbol	Grade	Weight
TSLA	D	-7.59%
PANW	B	-7.32%
GOOGL	A	-7.02%
ADBE	D	-6.93%
CRM	D	-6.83%
INTC	F	-6.74%
AMZN	A	-6.59%
NVDA	C	-6.58%
AMD	D	-6.55%
MU	B	-6.38%
NFLX	D	-6.35%
META	D	-6.12%