PSI vs. FEPI ETF Comparison

Comparison of PowerShares Dynamic Semiconductors (PSI) to REX FANG & Innovation Equity Premium Income ETF (FEPI)

PSI

PowerShares Dynamic Semiconductors

PSI Description

The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$56.47

Average Daily Volume

95,135

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

$52.09

Average Daily Volume

125,412

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSI	FEPI
30 Days	-4.08%	1.48%
60 Days	-0.62%	5.25%
90 Days	-4.10%	7.46%
12 Months	24.54%	21.81%

4 Overlapping Holdings

Symbol	Grade	Weight in PSI	Weight in FEPI	Overlap
AVGO	D	5.41%	6.47%	5.41%
MU	D	5.25%	6.63%	5.25%
NVDA	A	5.76%	6.85%	5.76%
QCOM	F	4.99%	6.13%	4.99%

PSI Overweight 22 Positions Relative to FEPI

Symbol	Grade	Weight
TXN	C	5.19%
ADI	D	4.77%
AMAT	F	4.6%
LRCX	F	4.53%
SMTC	B	3.45%
MTSI	B	3.39%
PI	D	3.07%
ACMR	F	2.88%
PLAB	C	2.87%
ICHR	C	2.85%
UCTT	F	2.72%
MKSI	C	2.62%
NXPI	F	2.5%
ENTG	F	2.48%
AOSL	D	2.34%
SWKS	F	2.24%
AMKR	F	2.21%
ONTO	F	2.21%
KLAC	F	2.2%
FORM	F	2.15%
CRUS	F	2.03%
MPWR	F	1.79%

PSI Underweight 11 Positions Relative to FEPI

Symbol	Grade	Weight
TSLA	B	-10.32%
CRM	B	-7.59%
AMZN	B	-7.12%
INTC	C	-6.97%
GOOGL	B	-6.97%
NFLX	A	-6.86%
META	C	-6.59%
MSFT	D	-6.39%
ADBE	D	-6.33%
AAPL	C	-6.21%
AMD	F	-5.99%