FEPI vs. SOXX ETF Comparison

Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to iShares PHLX SOX Semiconductor Sector Index Fund (SOXX)

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

$52.09

Average Daily Volume

125,412

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOXX

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX Description

The iShares PHLX SOX Semiconductor Sector Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of U.S.-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index

Grade (RS Rating)

Last Trade

$216.48

Average Daily Volume

3,046,719

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEPI	SOXX
30 Days	1.48%	-7.09%
60 Days	5.25%	-4.67%
90 Days	7.46%	-6.19%
12 Months	21.81%	25.00%

6 Overlapping Holdings

Symbol	Grade	Weight in FEPI	Weight in SOXX	Overlap
AMD	F	5.99%	8.07%	5.99%
AVGO	D	6.47%	8.74%	6.47%
INTC	C	6.97%	4.72%	4.72%
MU	D	6.63%	4.37%	4.37%
NVDA	A	6.85%	10.6%	6.85%
QCOM	F	6.13%	6.31%	6.13%

FEPI Overweight 9 Positions Relative to SOXX

Symbol	Grade	Weight
TSLA	B	10.32%
CRM	B	7.59%
AMZN	B	7.12%
GOOGL	B	6.97%
NFLX	A	6.86%
META	C	6.59%
MSFT	D	6.39%
ADBE	D	6.33%
AAPL	C	6.21%

FEPI Underweight 18 Positions Relative to SOXX

Symbol	Grade	Weight
TXN	C	-6.3%
MRVL	B	-5.04%
ADI	D	-3.85%
NXPI	F	-3.69%
AMAT	F	-3.69%
LRCX	F	-3.68%
MCHP	F	-3.4%
KLAC	F	-3.23%
ON	F	-3.07%
MPWR	F	-2.7%
TER	F	-1.78%
ENTG	F	-1.62%
SWKS	F	-1.44%
ONTO	F	-0.86%
OLED	F	-0.78%
MKSI	C	-0.78%
LSCC	F	-0.72%
QRVO	F	-0.68%