FEPI

REX FANG & Innovation Equity Premium Income ETF

Fundamental data last updated:August 12, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management - Income

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Not Scheduled

Business Summary

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.

 


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VALUATION

P/E

N/A

Market Cap ($M USD)

$730.86M

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

N/A

PRICE TO BOOK

N/A

EV / EBITDA

N/A

5-Year Average P/E

Free Cash Flow Yield

N/A

DCF Value

N/A

Graham Number

N/A

Price to FCF

N/A

EV to FCF

N/A

Earnings Yield

N/A

FCF Yield

N/A

DIVIDEND

Yield

N/A

Annual Payout

N/A

Payout Ratio

N/A

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

N/A

Next Year EPS Growth Estimate

N/A

Next Year Revenue Growth Estimate

N/A

Return on Equity (ROE)

N/A

FREE CASH FLOW

Operating Margin

N/A

Debt-to-Equity

N/A

Piotroski F-Score

N/A

Altman Z-Score

N/A

Return on Invested Capital (ROIC)

N/A

Current Ratio

N/A

Quick Ratio

N/A

Net Debt to EBITDA

N/A

Interest Coverage

N/A

Gross Profit margin

N/A

FCF PER SHARE

N/A

REVENUE PER SHARE

N/A

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Gainseekers Quantitative Analysis

Summary

The absence of key valuation metrics like the DCF Value and Graham Number leaves us in the dark about FEPI REX FANG & Innovation Equity Premium Income ETF’s intrinsic worth. With no Forward P/E or Earnings Yield, it’s impossible to gauge future profitability or current earnings efficiency. The lack of an Altman Z-score raises questions about its financial stability. The market’s pricing, hovering between its 50-day and 200-day SMAs, suggests a lack of conviction in either direction. This ETF’s valuation remains a mystery, shrouded in uncertainty.

AI Exposure / Tech Reliance

Operating within the Asset Management - Income sector, this ETF is well-positioned to leverage AI and tech advancements. The financial services industry is increasingly driven by data analytics and automation, which can enhance decision-making and operational efficiency. However, without specific metrics, it's unclear how aggressively this ETF is pursuing these innovations.

The Bull Case

For a value or GARP investor, the appeal of this ETF is elusive. The absence of ROIC, FCF Yield, and Piotroski F-Score data means we can't assess its capital efficiency or financial health. Without margins or cash flow insights, the narrative of pricing power or operational excellence remains untold. Investors seeking transparency and robust financial metrics might look elsewhere.

The Bear Case

The stock's proximity to its 52-week high, just 11.42% away, suggests potential overextension. Without concrete valuation multiples like Price/Book or Price/Sales, it's challenging to justify its current market position. The lack of cash flow data and earnings metrics further clouds its investment thesis. In the absence of clear financial indicators, the structural risks loom large, making it a precarious choice for risk-averse investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

1.00

Insider Buying % (6 Mo)

Distance to 52-Week High

7.23%

Distance to 52-Week Low

18.20%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$42.79

200-DAY SMA

$44.83

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.