REX FANG & Innovation Equity Premium Income (FEPI) ETF Holdings & Analysis

What FEPI does

The REX FANG & Innovation Equity Premium Income ETF, or FEPI, utilizes a covered call strategy designed to achieve two main goals: generating income and providing exposure to potential growth within the technology sector. The fund accomplishes this by maintaining positions in the stocks comprising its benchmark, the Solactive FANG Innovation Index, and simultaneously selling call options on these shares that are slightly out-of-the-money. This approach leverages the significant volatility often found in major technology companies, thereby earning premium income from the options. However, it also means that some of the potential upside from stock appreciation is capped. An additional benefit is a modest safeguard against drops in stock prices. It's important to recognize, though, that this protective buffer is confined to the option premiums received and may not completely negate substantial declines in the underlying securities. The fund's benchmark is an equally weighted index made up of fifteen U.S. technology firms. Eight of these are considered foundational holdings: Apple, Alphabet, Amazon, Meta, Microsoft, Netflix, Nvidia, and Tesla. The other seven companies are chosen quarterly from a diverse range of Factset technology-related industries, based on their trading volumes.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how FEPI fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does FEPI track?

FEPI is the REX FANG & Innovation Equity Premium Income ETF, a Other ETF.

What is the expense ratio of FEPI?

Expense ratio data for FEPI is shown on the page when available from our data provider.

What are the largest holdings in FEPI?

Top holdings include TSLA, META, AAPL, PLTR, MSFT.

How can PortView analyze FEPI overlap with other ETFs?

PortView computes the holdings overlap between FEPI and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.