Data as of . Every figure is the income desk's own, on published data.
FEPI vs ISPY
What they hold in common
By the books each fund has filed, FEPI and ISPY hold 35% of their money in the same securities at the same weight.
| Holding | FEPI | ISPY |
|---|---|---|
| NVIDIA CORPORATION | 7.76% | 7.07% |
| APPLE INC. | 5.14% | 6.31% |
| MICROSOFT CORPORATION | 5.19% | 4.60% |
| AMAZON.COM, INC. | 5.21% | 3.64% |
| ALPHABET INC. | 8.83% | 3.05% |
| BROADCOM INC. | 8.05% | 2.92% |
| META PLATFORMS, INC. | 5.14% | 1.91% |
| TESLA, INC. | 7.47% | 1.69% |
| MICRON TECHNOLOGY, INC. | 8.91% | 1.50% |
| ADVANCED MICRO DEVICES, INC. | 9.98% | 1.16% |
| INTEL CORPORATION | 5.24% | 0.74% |
| ORACLE CORPORATION | 5.16% | 0.53% |
| Only in FEPI | Only in ISPY |
|---|---|
| United States of America 2.42% | ProShares GENIUS Money Market ETF 10.56% |
| Alphabet, Inc. 2.42% | |
| Eli Lilly & Co. 1.21% | |
| Berkshire Hathaway, Inc. 1.20% | |
| JPMorgan Chase & Co. 1.11% | |
| Exxon Mobil Corp. 0.84% | |
| Visa, Inc. 0.76% | |
| Johnson & Johnson 0.75% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FEPI | ISPY | FEPI | ISPY | FEPI | ISPY | |
| 3 months | +2.7% | +3.6% | 6.0% | 1.5% | +0.6 pts | −1.1 pts |
| 6 months | +14.8% | +11.8% | 11.7% | 3.5% | −5.3 pts | −3.3 pts |
| 1 year | +17.8% | +16.9% | 23.2% | 5.7% | −7.8 pts | −3.1 pts |
| Since launch | +66.6% | +54.6% | 66.0% | 25.8% | −30.1 pts | −14.8 pts |
| FEPI REX FANG & Innovation Equity Premium Income ETF | ISPY ProShares S&P 500 High Income ETF | |
|---|---|---|
| Issuer | REX | ProShares |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualised | 25.1% | 5.8% |
| Expense ratio | 0.65% | not published |
| Cash paid, 1 year | 23.2% | 5.7% |
| Price change, 1 year | −7.5% | +10.8% |
| Total return, 1 year | +17.8% | +16.9% |
| Benchmark return, 1 year | +25.6% | +20.0% |
| Ahead or behind | −7.8 pts | −3.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1059 days | 989 days |
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.
ISPY in plain words
Over the year to Sep 4, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +16.9%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 5.8%, paid monthly.
Questions people ask
- Which paid more, FEPI or ISPY?
- Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting price in cash and ISPY paid 5.7%, so FEPI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, FEPI or ISPY?
- With every distribution reinvested, FEPI returned +17.8% and ISPY returned +16.9% over the year to Sep 4, 2026, so FEPI returned more.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FEPI against ISPY, data as of Sep 4, 2026. https://etfiq.com/compare/income/FEPI-ISPY.html Free to use with attribution; the underlying files are at Open data.