XLK vs. FEPI ETF Comparison
Comparison of SPDR Select Sector Fund - Technology (XLK) to REX FANG & Innovation Equity Premium Income ETF (FEPI)
XLK
SPDR Select Sector Fund - Technology
XLK Description
The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$194.26
Average Daily Volume
6,708,730
64
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
$51.39
Average Daily Volume
115,110
15
Performance
| Period | XLK | FEPI |
|---|---|---|
| 30 Days | -6.99% | -5.87% |
| 60 Days | -7.68% | -5.54% |
| 90 Days | -2.79% | -1.86% |
| 12 Months | 30.99% |
10 Overlapping Holdings
XLK Overweight 54 Positions Relative to FEPI
| Symbol | Grade | Weight | |
|---|---|---|---|
| CSCO | D | 2.18% | |
| ACN | F | 2.16% | |
| ORCL | D | 2.04% | |
| QCOM | C | 2.03% | |
| INTU | C | 1.95% | |
| AMAT | D | 1.83% | |
| TXN | A | 1.77% | |
| IBM | D | 1.72% | |
| NOW | D | 1.63% | |
| LRCX | D | 1.32% | |
| ADI | A | 1.09% | |
| KLAC | C | 1.01% | |
| SNPS | D | 0.9% | |
| CDNS | D | 0.84% | |
| APH | A | 0.79% | |
| ANET | D | 0.74% | |
| NXPI | B | 0.68% | |
| ROP | D | 0.64% | |
| MSI | B | 0.64% | |
| MCHP | A | 0.55% | |
| ADSK | F | 0.52% | |
| TEL | C | 0.48% | |
| FTNT | D | 0.45% | |
| SMCI | D | 0.44% | |
| IT | D | 0.39% | |
| CTSH | D | 0.37% | |
| CDW | D | 0.36% | |
| MPWR | C | 0.35% | |
| FICO | D | 0.33% | |
| ON | D | 0.32% | |
| ANSS | D | 0.32% | |
| KEYS | D | 0.29% | |
| GLW | B | 0.27% | |
| HPQ | D | 0.27% | |
| HPE | D | 0.25% | |
| WDC | A | 0.25% | |
| PTC | D | 0.24% | |
| NTAP | B | 0.23% | |
| FSLR | A | 0.21% | |
| TYL | A | 0.21% | |
| TDY | D | 0.2% | |
| TER | A | 0.19% | |
| STX | C | 0.19% | |
| VRSN | F | 0.18% | |
| SWKS | F | 0.18% | |
| ZBRA | A | 0.17% | |
| JBL | F | 0.17% | |
| AKAM | F | 0.17% | |
| ENPH | F | 0.16% | |
| TRMB | D | 0.16% | |
| EPAM | F | 0.15% | |
| JNPR | C | 0.13% | |
| FFIV | D | 0.12% | |
| QRVO | C | 0.12% |
XLK: Top Represented Industries & Keywords
FEPI: Top Represented Industries & Keywords
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