FEPI vs. FVAL ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to Fidelity Value Factor ETF (FVAL)
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
$51.21
Average Daily Volume
123,779
15
FVAL
Fidelity Value Factor ETF
FVAL Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.Grade (RS Rating)
Last Trade
$62.31
Average Daily Volume
71,977
124
Performance
| Period | FEPI | FVAL |
|---|---|---|
| 30 Days | 3.83% | 2.52% |
| 60 Days | 8.16% | 7.14% |
| 90 Days | 8.56% | 8.44% |
| 12 Months | 24.60% | 29.08% |
10 Overlapping Holdings
FEPI Underweight 114 Positions Relative to FVAL
| Symbol | Grade | Weight | |
|---|---|---|---|
| BRK.A | B | -2.01% | |
| JPM | A | -1.75% | |
| UNH | B | -1.72% | |
| V | A | -1.4% | |
| ABBV | F | -1.32% | |
| JNJ | D | -1.3% | |
| HD | B | -1.19% | |
| ACN | B | -1.14% | |
| XOM | B | -1.14% | |
| IBM | D | -1.11% | |
| BAC | A | -1.08% | |
| MRK | F | -1.06% | |
| WMT | A | -1.06% | |
| PG | C | -1.05% | |
| GILD | B | -1.04% | |
| WFC | A | -1.0% | |
| ZM | B | -0.97% | |
| BMY | B | -0.93% | |
| MCD | C | -0.85% | |
| BKNG | A | -0.85% | |
| HPE | B | -0.83% | |
| AXP | B | -0.82% | |
| CI | D | -0.79% | |
| UAL | A | -0.79% | |
| CTSH | A | -0.78% | |
| CAT | B | -0.77% | |
| CVS | F | -0.73% | |
| C | B | -0.73% | |
| COF | B | -0.71% | |
| ELV | F | -0.69% | |
| TRV | B | -0.66% | |
| DFS | B | -0.66% | |
| EXPE | B | -0.65% | |
| GM | B | -0.64% | |
| HON | B | -0.64% | |
| ADP | A | -0.64% | |
| SYF | B | -0.64% | |
| CVX | A | -0.64% | |
| UNP | D | -0.62% | |
| CMCSA | B | -0.61% | |
| RPRX | F | -0.61% | |
| DAL | A | -0.6% | |
| T | A | -0.6% | |
| JXN | C | -0.59% | |
| DE | D | -0.58% | |
| VZ | D | -0.58% | |
| SWKS | F | -0.58% | |
| LMT | D | -0.58% | |
| LVS | C | -0.57% | |
| CNC | F | -0.56% | |
| RNR | D | -0.55% | |
| UPS | C | -0.54% | |
| MO | A | -0.53% | |
| LIN | D | -0.53% | |
| PRU | B | -0.53% | |
| PCAR | B | -0.53% | |
| EBAY | C | -0.51% | |
| MMM | C | -0.51% | |
| F | C | -0.5% | |
| CMI | A | -0.5% | |
| KVUE | A | -0.5% | |
| G | B | -0.49% | |
| OZK | B | -0.48% | |
| EG | D | -0.48% | |
| NEE | D | -0.46% | |
| FDX | B | -0.46% | |
| TGT | C | -0.46% | |
| WYNN | C | -0.45% | |
| RHI | B | -0.44% | |
| KR | A | -0.43% | |
| OC | A | -0.4% | |
| KMB | D | -0.4% | |
| M | C | -0.39% | |
| COP | C | -0.39% | |
| AGCO | F | -0.37% | |
| DUK | D | -0.34% | |
| ACI | C | -0.34% | |
| ADM | F | -0.33% | |
| PLD | D | -0.32% | |
| EOG | A | -0.31% | |
| BG | D | -0.3% | |
| PCG | A | -0.28% | |
| PARA | B | -0.28% | |
| NRG | C | -0.27% | |
| ATKR | C | -0.27% | |
| FCX | F | -0.26% | |
| AEP | D | -0.26% | |
| SPG | A | -0.26% | |
| PSA | D | -0.25% | |
| CBRE | B | -0.24% | |
| EXC | C | -0.24% | |
| O | D | -0.23% | |
| MPC | D | -0.23% | |
| NEM | F | -0.21% | |
| VLO | C | -0.21% | |
| VICI | D | -0.2% | |
| NUE | D | -0.2% | |
| NFG | D | -0.19% | |
| STLD | C | -0.19% | |
| DVN | F | -0.18% | |
| UGI | D | -0.18% | |
| BXP | D | -0.18% | |
| ARE | F | -0.17% | |
| CF | B | -0.17% | |
| HST | D | -0.17% | |
| DOW | F | -0.17% | |
| JLL | C | -0.17% | |
| WPC | F | -0.16% | |
| GLPI | D | -0.16% | |
| LYB | F | -0.15% | |
| MUR | D | -0.14% | |
| MOS | D | -0.14% | |
| CIVI | D | -0.13% | |
| CLF | F | -0.12% |
FEPI: Top Represented Industries & Keywords
FVAL: Top Represented Industries & Keywords
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