2024-03-30 10:42:55 ET
Summary
- REX Fang & Innovation Equity Premium Income ETF is a covered call ETF that has performed well since its inception in November 2023.
- FEPI tracks a selected universe of stocks and sells out-of-the-money calls to generate income.
- There are some structural difference in the FEPI relative to other more conventional covered call ETF.
- Considering the pros and cons of FEPI specifics, it boils down to a nuanced choice, where investors have to believe in a single scenario to really extract alpha.
REX FANG & Innovation Equity Premium Income ETF (NASDAQ: FEPI ) is a relatively fresh covered call ETF that was established back in November, 2023....
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FEPI: Above Average Yielding Covered Call ETF With A Nuanced Focus