FEPI - REX FANG & Innovation Equ... Analysis | Stock Taper
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FEPI

REX FANG & Innovation Equity Premium Income ETF
REX FANG & Innovation Equity Premium Income ETF Rexshares
$43.21 0.68% (+0.29)

Managing Company Rexshares
Asset Under Management $603.29M
Inception Date Oct 11, 2023
Expense Ratio 0.65%
52w High $49.68
52w Low $37.77
Volume 204,662
Avg Volume 191,298
Asset Class US Equity

About REX FANG & Innovation Equity Premium Income ETF

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...