IGPT vs. FEPI ETF Comparison

Comparison of Invesco AI and Next Gen Software ETF (IGPT) to REX FANG & Innovation Equity Premium Income ETF (FEPI)

IGPT

Invesco AI and Next Gen Software ETF

IGPT Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.36

Average Daily Volume

45,722

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$52.05

Average Daily Volume

128,957

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGPT	FEPI
30 Days	4.80%	3.52%
60 Days	6.33%	5.39%
90 Days	4.78%	7.17%
12 Months	31.08%	21.75%

8 Overlapping Holdings

Symbol	Grade	Weight in IGPT	Weight in FEPI	Overlap
ADBE	C	6.73%	6.55%	6.55%
AMD	F	6.86%	6.48%	6.48%
GOOGL	C	8.45%	6.51%	6.51%
INTC	D	3.46%	6.88%	3.46%
META	D	8.18%	6.49%	6.49%
MU	D	3.77%	6.39%	3.77%
NVDA	C	9.18%	6.56%	6.56%
QCOM	F	4.16%	6.76%	4.16%

IGPT Overweight 55 Positions Relative to FEPI

Symbol	Grade	Weight
ISRG	A	4.56%
EQIX	A	2.92%
CDNS	B	2.5%
ADSK	A	2.26%
MSTR	C	1.96%
TTD	B	1.93%
DLR	B	1.89%
SNPS	B	1.81%
MRVL	B	1.61%
SNOW	C	1.48%
HUBS	A	1.22%
AME	A	1.08%
ANSS	B	1.02%
MCHP	D	0.87%
EA	A	0.83%
WDC	D	0.74%
FTV	C	0.71%
STX	D	0.7%
GRMN	B	0.65%
PINS	D	0.61%
NTAP	C	0.6%
ARM	D	0.59%
DOCU	A	0.56%
HPE	B	0.5%
BIDU	F	0.45%
IOT	A	0.37%
PSTG	D	0.32%
SMCI	F	0.3%
BSY	D	0.29%
ROKU	D	0.28%
CGNX	C	0.24%
LSCC	D	0.24%
ESTC	C	0.23%
U	C	0.21%
ALTR	B	0.19%
RDNT	B	0.17%
CRDO	B	0.17%
DLB	B	0.14%
PEGA	A	0.13%
NOVT	D	0.13%
SLAB	D	0.12%
CCOI	B	0.11%
TDC	D	0.1%
DV	C	0.1%
FIVN	C	0.1%
BRZE	C	0.09%
MGNI	A	0.08%
AMBA	B	0.08%
IPGP	D	0.08%
INFA	D	0.06%
CLVT	F	0.05%
VRNT	C	0.05%
CXM	C	0.04%
HLIT	D	0.03%
MXL	C	0.02%

IGPT Underweight 7 Positions Relative to FEPI

Symbol	Grade	Weight
NFLX	A	-6.92%
AAPL	C	-6.87%
MSFT	F	-6.72%
TSLA	B	-6.64%
AMZN	C	-6.64%
CRM	B	-6.51%
AVGO	D	-6.46%