FTXL vs. FEPI ETF Comparison
Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to REX FANG & Innovation Equity Premium Income ETF (FEPI)
FTXL
First Trust Nasdaq Semiconductor ETF
FTXL Description
The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.
Grade (RS Rating)
Last Trade
$87.19
Average Daily Volume
28,159
31
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
$52.10
Average Daily Volume
125,234
15
Performance
| Period | FTXL | FEPI |
|---|---|---|
| 30 Days | -6.29% | 1.75% |
| 60 Days | -4.91% | 5.53% |
| 90 Days | -6.66% | 6.20% |
| 12 Months | 20.70% | 22.69% |
FTXL Overweight 25 Positions Relative to FEPI
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMAT | F | 7.7% | |
| MRVL | B | 4.05% | |
| TXN | B | 4.04% | |
| ADI | D | 3.81% | |
| LRCX | F | 3.75% | |
| ON | F | 3.67% | |
| NXPI | F | 3.57% | |
| MCHP | F | 3.33% | |
| KLAC | F | 3.3% | |
| AMKR | F | 3.24% | |
| SWKS | F | 3.23% | |
| AVT | C | 2.22% | |
| COHR | C | 1.93% | |
| TER | F | 1.57% | |
| QRVO | F | 1.45% | |
| MPWR | F | 1.26% | |
| CRUS | F | 1.13% | |
| RMBS | C | 0.74% | |
| MTSI | B | 0.62% | |
| PI | D | 0.6% | |
| LSCC | D | 0.59% | |
| SMTC | C | 0.58% | |
| FORM | F | 0.45% | |
| ONTO | F | 0.42% | |
| ACLS | F | 0.39% |
FTXL: Top Represented Industries & Keywords
FEPI: Top Represented Industries & Keywords
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