FEPI vs. MBCC ETF Comparison

Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to Monarch Blue Chips Core ETF (MBCC)

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

$48.25

Average Daily Volume

198,783

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MBCC

Monarch Blue Chips Core ETF

MBCC Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Blue Chips Core Index. The fund generally invests at least 80% of its total assets in the component securities of the index. The index consists of established, well-recognized companies listed on the S&P 500 from a broad range of industries that demonstrate strength in the marketplace based on fundamental company data such as revenue, revenue growth, net income, and net income growth.

Grade (RS Rating)

Last Trade

$32.99

Average Daily Volume

13,666

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEPI	MBCC
30 Days	3.76%	3.55%
60 Days	-10.25%	-0.15%
90 Days	-5.69%	1.84%
12 Months		20.34%

7 Overlapping Holdings

Symbol	Grade	Weight in FEPI	Weight in MBCC	Overlap
ADBE	B	7.09%	4.2%	4.2%
AMZN	D	6.9%	4.11%	4.11%
CRM	D	6.53%	4.13%	4.13%
META	C	6.5%	4.1%	4.1%
MSFT	D	6.62%	4.12%	4.12%
NFLX	B	7.1%	4.06%	4.06%
NVDA	D	6.78%	3.68%	3.68%

FEPI Overweight 8 Positions Relative to MBCC

Symbol	Grade	Weight
PANW	B	7.18%
INTC	F	7.17%
AMD	F	6.96%
AVGO	D	6.92%
AAPL	C	6.81%
TSLA	D	6.79%
GOOGL	D	6.55%
MU	F	6.52%

FEPI Underweight 17 Positions Relative to MBCC

Symbol	Grade	Weight
AMT	A	-4.51%
V	A	-4.32%
MCD	A	-4.29%
ORCL	A	-4.29%
TMO	A	-4.25%
MRK	D	-4.25%
DHR	B	-4.23%
MA	B	-4.21%
COST	B	-4.2%
DIS	F	-4.16%
NKE	C	-4.14%
BRK.A	B	-4.13%
AMGN	C	-4.11%
BKNG	C	-4.08%
LLY	B	-4.02%
GE	C	-3.95%
TXN	C	-3.94%