FEPI logo

REX FANG & Innovation Equity Premium Income ETF (FEPI)

$45.17

Quotes are delayed by 15 minutes.

1D

1W

1M

3M

6M

YTD

1Y

2Y

5Y

ALL

Key data on FEPI

AUM

$598495092

P/E ratio

38.9

Dividend yield

24.089%

Expense ratio

0.65%

Beta

1.043879

Price on FEPI

Previous close

$45.55

Today's open

$45.97

Day's range

$44.97 - $46.05

52 week range

$35.44 - $50.98

Profile about FEPI

show more

Headquarters

US

Exchange

NASDAQ Global Market

Issue type

Exchange-Traded Fund

FEPI industries and sectors

Equities

Domestic

Large-Cap

Blend

Top holdings in FEPI
News on FEPI

Undercovered Dozen: Canadian Natural Resources, Duke Energy, PennyMac Mortgage And More

This week's Undercovered Dozen highlights 12 lesser-followed stocks and funds, each with distinct catalysts or value opportunities. This week's edition covers articles published between Dec. 12 and Dec. 18, offering fresh investment ideas. The series aims to inspire discussion and help investors discover overlooked opportunities in the market.

news source

Seeking Alpha • Dec 22, 2025

news preview

FEPI: High Tech, High Income, Both Good Things For 2026

REX FANG & Innovation Equity Premium Income ETF offers a 25% annual distribution rate via a covered call strategy on the 'Magnificent 15' innovation stocks. FEPI's high income comes at the cost of capped upside, with lagging performance versus uncovered indexes, but provides high monthly distributions. The fund maintains equal-weighted, US-based large- and mega-cap holdings, with a heavy tilt toward technology and communication services.

news source

Seeking Alpha • Dec 12, 2025

news preview

REX Shares Soars With New DRNZ Drone & UAV ETF

On Wednesday, REX Shares expanded its lineup of alternative ETF investment solutions with the release of the REX Drone ETF (DRNZ). REX Shares notes that DRNZ is the first fund to offer pure-play exposure to the global drone and unmanned aerial vehicle (UAV) market.

news source

ETF Trends • Oct 29, 2025

news preview

FEPI: Rare Moment When 25%+ Yield Is Suitable For Durable Income Investors

REX FANG & Innovation Equity Premium Income ETF offers a yield of ~25%. Optically, this looks like a value trap or covered call ETF with a clear NAV erosion dynamic. Yet, as I detail it in the article, FEPI is different.

news source

Seeking Alpha • Oct 4, 2025

news preview

31 Ideal 'Safer' Monthly Paying September Dividend Stocks And 80 Funds

Imagine stocks and funds paying you dividends monthly! Your angst awaiting dividend payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! September U.S. exchange-traded-monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (77); 2. Stocks-by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash Flow Margins (31). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. 5. Safer Equity Rankings All per prices as of 8/29/25.

news source

Seeking Alpha • Sep 4, 2025

news preview

FEPI: Tax-Efficient Income From A Buy-And-Hold Option ETF

FEPI offers a compelling 25% yield with monthly distributions, making it attractive for income-focused investors seeking lower volatility and capital preservation. The ETF's strategy of holding common shares and writing OTM options allows for some growth participation while limiting capital erosion compared to synthetic peers. FEPI's distributions are tax-efficient, primarily classified as return of capital, helping investors defer taxes and potentially recover their initial investment within four years.

news source

Seeking Alpha • Sep 3, 2025

news preview

25%+ Monthly Yielding Picks: One To Buy, One To Avoid

Usually, everything that offers a double digit dividend yield carries an elevated risk of being a value trap. If we speak about 25%+ yield zone, then I would say that '99%' of cases are just that - i.e., value traps. However, there are some very rare exceptions out there.

news source

Seeking Alpha • Aug 19, 2025

news preview

FEPI: Just Don't Look At 'What Ifs'

REX FANG & Innovation Equity Premium Income ETF offers a high 25% yield by writing covered calls on 15 mega-cap tech stocks, appealing to income-focused investors. The fund's strategy sacrifices significant upside potential compared to simply holding the underlying stocks, which may frustrate growth-oriented investors. I appreciate FEPI's steady distributions and relatively mild NAV erosion, though the non-core stock selection based on trading volume is a drawback.

news source

Seeking Alpha • Aug 14, 2025

news preview

31 June Ideal 'Safer' Monthly Paying Dividend Stocks And 80 Funds

June U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (80); 2. Stocks-by-price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash-Flow-Margins. Analyst estimates suggest top MoPay stocks could net 16.48% to 33.67% gains by June 2026, with an average net gain of 23.57% and higher-than-market risk. The dogcatcher rule highlights 31 'safer' MoPay stocks where dividends from $1K invested exceed share price, positive returns, and strong free cash flow coverage.

news source

Seeking Alpha • Jul 1, 2025

news preview

Get Paid Weekly From A Variety Of Options Income ETFs

Weekly income ETFs are booming, with new funds leveraging 0DTE options strategies to generate high-yield, frequent distributions for passive income seekers. Roundhill, YieldMax, Rex Shares, and GraniteShares have all launched innovative ETFs offering weekly payouts, each with unique strategies and underlying assets. While yields are attractive—some exceeding 20% annually—these funds are new, so investors should monitor performance and understand the risks involved.

news source

Seeking Alpha • Jun 22, 2025

news preview

¹ Disclosures

Get started with M1

Invest in REX FANG & Innovation Equity Premium Income ETF

Open an M1 investment account to buy and sell REX FANG & Innovation Equity Premium Income ETF commission-free¹. Build wealth for the long term using automated trading and transfers.

Invest in FEPI on M1