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Upturn AI SWOT - About
REX FANG & Innovation Equity Premium Income ETF (FEPI)
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Upturn Advisory Summary
04/01/2025: FEPI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 1.23% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 178526 | Beta - | 52 Weeks Range 37.27 - 48.46 | Updated Date 04/1/2025 |
52 Weeks Range 37.27 - 48.46 | Updated Date 04/1/2025 |
Upturn AI SWOT
REX FANG & Innovation Equity Premium Income ETF
ETF Overview
Overview
The REX FANG & Innovation Equity Premium Income ETF (FEPI) seeks to generate current income and capital appreciation by investing in FANG+ stocks and other innovation-focused companies, while employing a covered call strategy.
Reputation and Reliability
REX Shares is a smaller ETF issuer, but is known for thematic and leveraged ETFs.
Management Expertise
REX Shares has expertise in developing and managing niche ETFs and is regarded to have an experienced management team.
Investment Objective
Goal
To provide current income and capital appreciation by investing in FANG+ stocks and other innovation-focused companies, while employing a covered call strategy.
Investment Approach and Strategy
Strategy: FEPI aims to generate income through a covered call strategy on a portfolio of FANG+ and other innovation-focused stocks. This includes selling call options on a portion of their holdings to generate income.
Composition The ETF primarily holds stocks of companies in the technology, consumer discretionary, and communication services sectors, specifically focusing on FANG+ stocks.
Market Position
Market Share: Insufficient data available to accurately determine current market share.
Total Net Assets (AUM): 120315887
Competitors
Key Competitors
- QYLD
- XYLD
- JEPI
- JEPQ
- TLTW
Competitive Landscape
The covered call ETF market is competitive, with several established players managing larger AUM. FEPI's focus on FANG+ stocks differentiates it but makes it sector-concentrated. FEPI also has higher yield when compared to competitors.
Financial Performance
Historical Performance: Historical performance data can be obtained from financial data providers.
Benchmark Comparison: The ETF's performance should be compared to an index tracking FANG+ stocks and a covered call strategy benchmark.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate and may require monitoring for large trades.
Bid-Ask Spread
The bid-ask spread should be monitored to assess trading costs, especially for larger trades.
Market Dynamics
Market Environment Factors
Economic conditions, interest rates, and the performance of the technology sector will significantly impact FEPI's performance.
Growth Trajectory
Future growth depends on the continued growth of FANG+ stocks, the effectiveness of its covered call strategy, and its ability to attract investors seeking income.
Moat and Competitive Advantages
Competitive Edge
FEPIu2019s competitive advantage lies in its focus on the FANG+ stocks, which offer high-growth potential and the implementation of a covered call strategy to enhance income. This provides investors with exposure to leading technology companies while generating income. FEPI's focused strategy differs from broader market ETFs that implement covered calls. It focuses on high growth stocks.
Risk Analysis
Volatility
The ETF's volatility is expected to be high due to its concentration in technology stocks and the use of options strategies.
Market Risk
The ETF is exposed to market risk related to technology sector downturns and changes in investor sentiment towards growth stocks.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking income generation from a high-growth sector, willing to accept higher volatility and concentration risk.
Market Risk
FEPI is more suitable for investors with a higher risk tolerance and a focus on income generation, rather than passive index followers.
Summary
The REX FANG & Innovation Equity Premium Income ETF (FEPI) seeks income and capital appreciation by focusing on FANG+ stocks and employing a covered call strategy. It provides exposure to high-growth tech companies with income enhancement, suitable for investors with higher risk tolerance. However, its concentrated holdings and reliance on options strategies introduce significant volatility. Investors should be aware of the potential for underperformance during strong market rallies due to the covered call strategy.
Similar Companies
- QQQ
- XLK
- IGV
- SOXX
- TECL
- JEPQ
Sources and Disclaimers
Data Sources:
- REX Shares Official Website
- ETF.com
- Morningstar.com
- YCharts
- Finviz
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Data is based on information available as of the time of analysis and may be subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About REX FANG & Innovation Equity Premium Income ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively managed exchange-traded fund ("ETF") that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the securities of the companies comprising the Solactive FANG Innovation Index. The fund advisor seeks to employ the fund's investment strategy regardless of whether there are periods of adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. It is non-diversified.
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