FEPI vs. LRGG ETF Comparison

Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to Macquarie Focused Large Growth ETF (LRGG)

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

$51.31

Average Daily Volume

162,683

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LRGG

Macquarie Focused Large Growth ETF

LRGG Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of large capitalization companies. The fund"s securities will primarily include equity securities of growth-oriented companies selected by Delaware Management Company, the fund"s investment adviser ("Manager") that the Manager believes are high quality and have competitively advantaged business models and growth potential over the long term. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.88

Average Daily Volume

11,450

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEPI	LRGG
30 Days	6.16%	2.45%
60 Days	12.94%	7.87%
90 Days	-2.29%	-0.37%
12 Months

4 Overlapping Holdings

Symbol	Grade	Weight in FEPI	Weight in LRGG	Overlap
AAPL	C	6.91%	7.83%	6.91%
AMZN	C	6.59%	6.53%	6.53%
MSFT	D	6.45%	13.02%	6.45%
NVDA	B	6.9%	9.76%	6.9%

FEPI Overweight 11 Positions Relative to LRGG

Symbol	Grade	Weight
MU	D	7.96%
TSLA	C	7.47%
INTC	D	7.29%
AMD	C	7.18%
CRM	B	7.05%
AVGO	B	7.0%
META	A	6.98%
GOOGL	B	6.75%
QCOM	D	6.66%
NFLX	A	6.6%
ADBE	F	6.52%

FEPI Underweight 6 Positions Relative to LRGG

Symbol	Grade	Weight
GOOG	B	-6.13%
V	B	-4.86%
UNH	B	-4.77%
MSI	A	-4.6%
INTU	F	-4.21%
WCN	D	-4.16%