USD vs. FEPI ETF Comparison

Comparison of ProShares Ultra Semiconductors (USD) to REX FANG & Innovation Equity Premium Income ETF (FEPI)

USD

ProShares Ultra Semiconductors

USD Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Dow Jones U.S. SemiconductorsSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of the semiconductor sub-sector of the U.S. equity market. Component companies are engaged in the production of semiconductors and other integrated chips, as well as other related products such as semi-conductor capital equipment and mother-boards. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$66.36

Average Daily Volume

860,318

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

$52.14

Average Daily Volume

124,782

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USD	FEPI
30 Days	-2.30%	2.36%
60 Days	18.77%	5.94%
90 Days	0.93%	6.69%
12 Months	173.22%	22.06%

6 Overlapping Holdings

Symbol	Grade	Weight in USD	Weight in FEPI	Overlap
AMD	F	1.89%	5.99%	1.89%
AVGO	C	6.77%	6.47%	6.47%
INTC	C	0.89%	6.97%	0.89%
MU	D	0.93%	6.63%	0.93%
NVDA	A	30.17%	6.85%	6.85%
QCOM	F	1.5%	6.13%	1.5%

USD Overweight 27 Positions Relative to FEPI

Symbol	Grade	Weight
TXN	C	1.57%
AMAT	F	1.27%
ADI	D	0.89%
LRCX	F	0.81%
KLAC	F	0.73%
MRVL	B	0.65%
NXPI	F	0.48%
MCHP	F	0.3%
MPWR	F	0.25%
ON	F	0.25%
TER	F	0.15%
ENTG	F	0.13%
SWKS	F	0.11%
ONTO	F	0.07%
ENPH	F	0.07%
LSCC	D	0.06%
OLED	F	0.06%
MKSI	C	0.06%
RMBS	C	0.05%
QRVO	F	0.05%
CRUS	F	0.04%
ALGM	F	0.03%
SLAB	F	0.03%
GFS	C	0.03%
POWI	D	0.03%
ACLS	F	0.02%
AMKR	F	0.02%

USD Underweight 9 Positions Relative to FEPI

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