IGV vs. FEPI ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to REX FANG & Innovation Equity Premium Income ETF (FEPI)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$105.15

Average Daily Volume

3,654,633

Number of Holdings ^*

109

* 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

$51.55

Average Daily Volume

125,412

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGV	FEPI
30 Days	11.95%	1.48%
60 Days	15.82%	5.25%
90 Days	20.30%	7.46%
12 Months	36.11%	21.81%

3 Overlapping Holdings

Symbol	Grade	Weight in IGV	Weight in FEPI	Overlap
ADBE	D	6.5%	6.33%	6.33%
CRM	B	9.42%	7.59%	7.59%
MSFT	D	7.19%	6.39%	6.39%

IGV Overweight 106 Positions Relative to FEPI

Symbol	Grade	Weight
ORCL	A	8.34%
NOW	B	7.13%
PANW	A	4.35%
PLTR	B	4.17%
INTU	B	4.13%
SNPS	C	2.94%
CDNS	B	2.91%
CRWD	B	2.79%
ADSK	A	2.31%
APP	B	2.13%
ROP	C	2.12%
FTNT	B	2.1%
WDAY	C	2.02%
MSTR	B	2.0%
FICO	A	1.99%
DDOG	A	1.43%
TEAM	B	1.39%
EA	A	1.38%
HUBS	A	1.25%
TTWO	A	1.04%
ANSS	B	1.04%
TYL	B	0.92%
PTC	B	0.8%
ZM	B	0.76%
ZS	C	0.68%
NTNX	B	0.61%
MANH	D	0.6%
DOCU	B	0.58%
GWRE	A	0.57%
GEN	B	0.57%
DT	D	0.56%
SNAP	D	0.4%
IOT	A	0.36%
BILL	A	0.3%
S	C	0.28%
PCOR	C	0.27%
ESTC	C	0.27%
SMAR	A	0.27%
BSY	D	0.26%
CVLT	A	0.26%
GTLB	B	0.25%
CFLT	B	0.25%
DBX	C	0.23%
AZPN	A	0.23%
SPSC	D	0.23%
MARA	B	0.22%
ALTR	B	0.22%
VRNS	D	0.21%
QTWO	A	0.21%
CWAN	B	0.2%
PATH	C	0.2%
ACIW	B	0.2%
AUR	C	0.19%
APPF	C	0.19%
U	C	0.19%
QLYS	C	0.19%
HCP	B	0.18%
WK	C	0.17%
CCCS	B	0.17%
TENB	D	0.17%
BOX	B	0.17%
IDCC	B	0.16%
DLB	B	0.15%
PEGA	B	0.14%
NCNO	B	0.13%
BLKB	C	0.12%
CLSK	C	0.12%
ZETA	D	0.12%
RNG	C	0.11%
BL	C	0.11%
RIOT	C	0.11%
INTA	A	0.1%
DV	C	0.1%
TDC	D	0.1%
PRGS	B	0.1%
AI	B	0.1%
FIVN	C	0.1%
FRSH	C	0.1%
ALRM	C	0.1%
YOU	D	0.09%
VERX	A	0.09%
RPD	C	0.09%
ENV	B	0.09%
AGYS	A	0.09%
BRZE	C	0.08%
ALKT	B	0.08%
PD	C	0.07%
RAMP	C	0.07%
VYX	B	0.07%
AVPT	A	0.06%
MTTR	B	0.05%
ZUO	B	0.05%
SPT	C	0.05%
VRNT	D	0.05%
APPN	C	0.05%
PRO	C	0.04%
ASAN	C	0.04%
ATEN	A	0.04%
ADEA	D	0.04%
SWI	B	0.03%
NABL	F	0.03%
CXM	C	0.03%
JAMF	F	0.03%
SEMR	C	0.02%
MLNK	C	0.02%
ETWO	F	0.02%

IGV Underweight 12 Positions Relative to FEPI

Symbol	Grade	Weight
TSLA	B	-10.32%
AMZN	B	-7.12%
INTC	C	-6.97%
GOOGL	B	-6.97%
NFLX	A	-6.86%
NVDA	A	-6.85%
MU	D	-6.63%
META	C	-6.59%
AVGO	D	-6.47%
AAPL	C	-6.21%
QCOM	F	-6.13%
AMD	F	-5.99%