Which paid more, AMZY or FEPI?

Over the year to Sep 4, 2026, AMZY paid 34.9% of its starting price in cash and FEPI paid 23.2%, so AMZY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, AMZY or FEPI?

With every distribution reinvested, AMZY returned +6.5% and FEPI returned +17.8% over the year to Sep 4, 2026, so FEPI returned more.

Which is cheaper, AMZY or FEPI?

AMZY charges 1.09% a year and FEPI charges 0.65%, so FEPI is cheaper. Fees come from each fund's prospectus.

Data as of Sep 4, 2026. Every figure is the income desk's own, on published data.

AMZY vs FEPI

Name: ETFIQ comparison of AMZY and FEPI
Creator: ETFIQ

YieldMax(R) AMZN Option Income Strategy ETF and REX FANG & Innovation Equity Premium Income ETF, side by side on the income desk.

Open the live comparison on ETFIQ

AMZY and FEPI on the income desk fields, as of Sep 4, 2026. Source: ETFIQ.
	AMZY YieldMax(R) AMZN Option Income Strategy ETF	FEPI REX FANG & Innovation Equity Premium Income ETF
Issuer	YieldMax	REX
Strategy	synthetic covered call	covered call
Benchmark	Amazon (AMZN)	Nasdaq-100 (QQQ), used as the innovation proxy
Pays	weekly	weekly
Payout rate, annualised	29.8%	25.1%
Expense ratio	1.09%	0.65%
Cash paid, 1 year	34.9%	23.2%
Price change, 1 year	−30.9%	−7.5%
Total return, 1 year	+6.5%	+17.8%
Benchmark return, 1 year	+9.7%	+25.6%
Ahead or behind	−3.2 pts	−7.8 pts
Return of capital, latest estimate	62%	not published
Age	1137 days	1059 days

AMZY in plain words

Over the year to Sep 4, 2026, AMZY paid 34.9% of its starting value in cash distributions while its price fell 30.9%. With every distribution reinvested, the fund returned +6.5%. Amazon (AMZN) returned +9.7% over the same days, so a holder was behind by 3.2 pts. At its price on Sep 4, 2026 the latest distribution annualises to 29.8%, paid weekly. YieldMax estimates that 62% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).

FEPI in plain words

Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting value in cash distributions while its price fell 7.5%. With every distribution reinvested, the fund returned +17.8%. Nasdaq-100 (QQQ), used as the innovation proxy returned +25.6% over the same days, so a holder was behind by 7.8 pts. At its price on Sep 4, 2026 the latest distribution annualises to 25.1%, paid weekly.

Questions people ask

Which paid more, AMZY or FEPI?: Over the year to Sep 4, 2026, AMZY paid 34.9% of its starting price in cash and FEPI paid 23.2%, so AMZY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, AMZY or FEPI?: With every distribution reinvested, AMZY returned +6.5% and FEPI returned +17.8% over the year to Sep 4, 2026, so FEPI returned more.
Which is cheaper, AMZY or FEPI?: AMZY charges 1.09% a year and FEPI charges 0.65%, so FEPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Cite this page. ETFIQ, AMZY against FEPI, data as of Sep 4, 2026. https://etfiq.com/compare/income/AMZY-FEPI.html Free to use with attribution; the underlying files are at Open data.

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources