FEPI vs. WCBR ETF Comparison
Comparison of REX FANG & Innovation Equity Premium Income ETF (FEPI) to WisdomTree Cybersecurity Fund (WCBR)
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
$54.98
Average Daily Volume
141,271
15
WCBR
WisdomTree Cybersecurity Fund
WCBR Description
The investment seeks to track the price and yield performance of the WisdomTree Team8 Cybersecurity Index. The index is designed to provide exposure to equity securities of exchange-listed companies globally, which are primarily involved in cybersecurity and security-oriented technology that generate a meaningful part of their revenue from cybersecurity activities and are experiencing revenue growth. To the extent the index concentrates in the securities of a particular industry or group of industries, the fund will concentrate its investments to approximately the same extent as the index. It is non-diversified.Grade (RS Rating)
Last Trade
$25.13
Average Daily Volume
42,635
20
Performance
Period | FEPI | WCBR |
---|---|---|
30 Days | 5.18% | 8.83% |
60 Days | 10.18% | 1.53% |
90 Days | 5.69% | -0.83% |
12 Months | 29.84% |
1 Overlapping Holdings
Symbol | Grade | Weight in FEPI | Weight in WCBR | Overlap | |
---|---|---|---|---|---|
PANW | B | 6.78% | 6.05% | 6.05% |
FEPI Underweight 19 Positions Relative to WCBR
FEPI: Top Represented Industries & Keywords
WCBR: Top Represented Industries & Keywords