FEPI vs. FDN ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to First Trust DJ Internet Index Fund (FDN)
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
$51.35
Average Daily Volume
124,898
15
FDN
First Trust DJ Internet Index Fund
FDN Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Internet Composite Index (SM) (the "index"). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed to include only companies whose primary focus is Internet-related. The fund is non-diversified.Grade (RS Rating)
Last Trade
$230.78
Average Daily Volume
381,211
41
Performance
| Period | FEPI | FDN |
|---|---|---|
| 30 Days | 1.73% | 5.92% |
| 60 Days | 6.53% | 13.62% |
| 90 Days | 6.55% | 16.00% |
| 12 Months | 21.82% | 39.59% |
FEPI Underweight 36 Positions Relative to FDN
| Symbol | Grade | Weight | |
|---|---|---|---|
| BKNG | A | -4.88% | |
| ANET | C | -4.77% | |
| GOOG | B | -4.56% | |
| CSCO | B | -4.48% | |
| PYPL | A | -4.06% | |
| ABNB | C | -3.15% | |
| DASH | B | -2.78% | |
| WDAY | B | -2.64% | |
| CPRT | A | -2.4% | |
| SNOW | C | -2.1% | |
| DDOG | B | -2.0% | |
| TEAM | A | -1.83% | |
| HUBS | A | -1.62% | |
| VEEV | C | -1.6% | |
| EBAY | D | -1.49% | |
| NET | C | -1.45% | |
| RBLX | B | -1.39% | |
| CVNA | A | -1.35% | |
| GDDY | A | -1.22% | |
| ZM | B | -1.01% | |
| PINS | F | -0.99% | |
| DKNG | B | -0.93% | |
| NTNX | A | -0.85% | |
| AKAM | F | -0.8% | |
| DOCU | A | -0.76% | |
| VRSN | D | -0.75% | |
| JNPR | D | -0.62% | |
| OKTA | D | -0.6% | |
| PAYC | B | -0.56% | |
| CIEN | B | -0.5% | |
| SMAR | A | -0.37% | |
| CFLT | C | -0.35% | |
| DBX | C | -0.32% | |
| MARA | B | -0.28% | |
| BOX | B | -0.24% | |
| ZI | D | -0.16% |
FEPI: Top Represented Industries & Keywords
FDN: Top Represented Industries & Keywords
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