FEPI REX FANG & Innovation Equity Premium Income ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 41.42 | Day Range | 41.32 – 41.61 |
| 52-Week Range | 37.90 – 49.68 | Volume | 84.90K |
| Avg Volume | 201.57K | AUM | $680.5M (Aug 27, 2026) |
| Expense Ratio | 0.65% | Yield (TTM) | 27.04% |
| NAV | 41.57 | Premium/Discount | -0.07% indicative |
| Inception | Oct 11, 2023 | Holdings | 47 |
| Issuer | Rexshares | Exchange | NASDAQ |
| Category | Technology | Index Tracked | Not stated in source data |
| CUSIP | 26923N744 | ISIN | US26923N7443 |
| Structure | Option Income | ||
| Management | Not stated in source data | ||
About this ETF
The REX FANG & Innovation Equity Premium Income ETF, or FEPI, utilizes a covered call strategy designed to achieve two main goals: generating income and providing exposure to potential growth within the technology sector. The fund accomplishes this by maintaining positions in the stocks comprising its benchmark, the Solactive FANG Innovation Index, and simultaneously selling call options on these shares that are slightly out-of-the-money. This approach leverages the significant volatility often found in major technology companies, thereby earning premium income from the options. However, it also means that some of the potential upside from stock appreciation is capped. An additional benefit is a modest safeguard against drops in stock prices. It's important to recognize, though, that this protective buffer is confined to the option premiums received and may not completely negate substantial declines in the underlying securities. The fund's benchmark is an equally weighted index made up of fifteen U.S. technology firms. Eight of these are considered foundational holdings: Apple, Alphabet, Amazon, Meta, Microsoft, Netflix, Nvidia, and Tesla. The other seven companies are chosen quarterly from a diverse range of Factset technology-related industries, based on their trading volumes.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +4.84% | -9.13% | -1.05% | -8.63% | -10.05% | — | — | — | -7.36% |
| Total return | +6.36% | -3.70% | +11.73% | +5.39% | +15.39% | — | — | — | +17.98% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.65% | Annual cost of a $10,000 investment | $65.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 26, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 47 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Tesla Inc. | TSLA | 6.94% | 134.13K | $46.8M |
| 2 | META PLATFORMS INC | META | 6.81% | 82.21K | $46.0M |
| 3 | NETFLIX INC | NFLX | 6.80% | 573.58K | $45.9M |
| 4 | PALANTIR TECHNOLOGIES INC. CLASS A | PLTR | 6.79% | 260.51K | $45.8M |
| 5 | ALPHABET INC-CL A | GOOGL | 6.77% | 131.21K | $45.7M |
| 6 | MICROSOFT CORP | MSFT | 6.76% | 93.53K | $45.6M |
| 7 | AMAZON.COM INC | AMZN | 6.72% | 173.04K | $45.3M |
| 8 | APPLE INC | AAPL | 6.68% | 145.24K | $45.1M |
| 9 | ORACLE CORP | ORCL | 6.61% | 313.22K | $44.6M |
| 10 | MICRON TECHNOLOGY INC | MU | 6.55% | 48.50K | $44.2M |
| 11 | ADVANCED MICRO DEVICES INC | AMD | 6.42% | 94.77K | $43.3M |
| 12 | NVIDIA CORP | NVDA | 6.35% | 205.55K | $42.9M |
| 13 | Broadcom Inc. | AVGO | 6.31% | 118.72K | $42.6M |
| 14 | SANDISK CORP/DE SNDKV | SNDK | 6.22% | 28.08K | $41.9M |
| 15 | INTEL CORP | INTC | 6.10% | 471.68K | $41.2M |
| 16 | CASH AND CASH EQUIVALENTS | — | 0.66% | 4.47M | $4.5M |
| 17 | WI TREASURY SEC 08/26 0 | — | 0.50% | 3.40M | $3.4M |
| 18 | TREASURY BILL | — | 0.50% | 3.40M | $3.4M |
| 19 | TREASURY BILL 09/26 0.00000 | — | 0.50% | 3.40M | $3.4M |
| 20 | TREASURY BILL 09/26 0.00000 | — | 0.50% | 3.40M | $3.4M |
| 21 | MSFT US 09/18/26 C520 | — | 0.00% | -3 | -$924.00 |
| 22 | TSLA US 09/18/26 C400 | — | 0.00% | -4 | -$984.00 |
| 23 | GOOGL US 09/18/26 C370 | — | 0.00% | -4 | -$1.3K |
| 24 | NVDA US 09/18/26 C230 | — | 0.00% | -6 | -$1.5K |
| 25 | AMZN US 09/18/26 C275 | — | 0.00% | -5 | -$1.7K |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 27.04% | Paid (last 12 months) | $11.2552 |
| Frequency | Weekly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 19, 2026 | Last payment | $0.2047 (Aug 20, 2026) |
| Growth 1Y | -6.85% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 19, 2026 | Aug 19, 2026 | Aug 20, 2026 | $0.2047 |
| Aug 12, 2026 | Aug 12, 2026 | Aug 13, 2026 | $0.2029 |
| Aug 05, 2026 | Aug 05, 2026 | Aug 06, 2026 | $0.1954 |
| Jul 29, 2026 | Jul 29, 2026 | Jul 30, 2026 | $0.1920 |
| Jul 22, 2026 | Jul 22, 2026 | Jul 23, 2026 | $0.1978 |
| Jul 15, 2026 | Jul 15, 2026 | Jul 16, 2026 | $0.2033 |
| Jul 08, 2026 | Jul 08, 2026 | Jul 09, 2026 | $0.2064 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 02, 2026 | $0.2089 |
| Jun 24, 2026 | Jun 24, 2026 | Jun 25, 2026 | $0.2054 |
| Jun 17, 2026 | Jun 17, 2026 | Jun 18, 2026 | $0.2129 |
| Jun 10, 2026 | Jun 10, 2026 | Jun 11, 2026 | $0.2133 |
| Jun 03, 2026 | Jun 03, 2026 | Jun 04, 2026 | $0.2248 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 19.58% / 19.57% | Sharpe 1Y / 3Y | 0.713 / 0.852 |
| Max drawdown 1Y / 3Y | -14.96% / -23.59% | Sortino 1Y | 1.02 |
| Beta vs S&P 500 (3Y) | 1.11 | Correlation vs S&P 500 (1Y) | 0.843 |
| Downside deviation 1Y | 13.64% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 84.90K | Average volume | 201.57K |
| AUM | $680.5M | Premium/Discount | -0.07% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$7.5M | -1.10% | $682.1M → $674.6M |
| 1 Week | -$13.6M | -1.97% | $688.2M → $674.6M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for FEPI
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.