Data as of . Every figure is the income desk's own, on published data.
FEPI vs MSTY
REX FANG & Innovation Equity Premium Income ETF and YieldMax(R) MSTR Option Income Strategy ETF, side by side on the income desk.
Open the live comparison on ETFIQ| FEPI REX FANG & Innovation Equity Premium Income ETF | MSTY YieldMax(R) MSTR Option Income Strategy ETF | |
|---|---|---|
| Issuer | REX | YieldMax |
| Strategy | covered call | synthetic covered call |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | MicroStrategy (MSTR) |
| Pays | weekly | weekly |
| Payout rate, annualised | 25.1% | 68.2% |
| Expense ratio | 0.65% | not published |
| Cash paid, 1 year | 23.2% | 35.0% |
| Price change, 1 year | −7.5% | −79.0% |
| Total return, 1 year | +17.8% | −50.8% |
| Benchmark return, 1 year | +25.6% | −56.4% |
| Ahead or behind | −7.8 pts | +5.7 pts |
| Return of capital, latest estimate | not published | 99% |
| Age | 1059 days | 925 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.
MSTY in plain words
Over the year to Sep 4, 2026, MSTY paid 35.0% of its starting value in cash distributions while its price fell 79.0%. With every distribution reinvested, the fund returned −50.8%. MicroStrategy (MSTR) returned −56.4% over the same days, so a holder was ahead by 5.7 pts. At its price on Sep 4, 2026 the latest distribution annualises to 68.2%, paid weekly. YieldMax estimates that 99% 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).
Questions people ask
- Which paid more, FEPI or MSTY?
- Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting price in cash and MSTY paid 35.0%, so MSTY 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 MSTY?
- With every distribution reinvested, FEPI returned +17.8% and MSTY returned −50.8% over the year to Sep 4, 2026, so FEPI returned more.
Other comparisons
Cite this page. ETFIQ, FEPI against MSTY, data as of Sep 4, 2026. https://etfiq.com/compare/income/FEPI-MSTY.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