Which paid more, FEPI or OARK?

Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting price in cash and OARK paid 39.3%, so OARK 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 OARK?

With every distribution reinvested, FEPI returned +17.8% and OARK returned +13.3% over the year to Sep 4, 2026, so FEPI returned more.

Which is cheaper, FEPI or OARK?

FEPI charges 0.65% a year and OARK charges 1.00%, 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.

FEPI vs OARK

Name: ETFIQ comparison of FEPI and OARK
Creator: ETFIQ

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

Open the live comparison on ETFIQ

FEPI and OARK on the income desk fields, as of Sep 4, 2026. Source: ETFIQ.
	FEPI REX FANG & Innovation Equity Premium Income ETF	OARK YieldMax(R) Innovation Option Income Strategy ETF
Issuer	REX	YieldMax
Strategy	covered call	synthetic covered call
Benchmark	Nasdaq-100 (QQQ), used as the innovation proxy	Nasdaq-100 (QQQ), used as the innovation proxy
Pays	weekly	weekly
Payout rate, annualised	25.1%	40.3%
Expense ratio	0.65%	1.00%
Cash paid, 1 year	23.2%	39.3%
Price change, 1 year	−7.5%	−29.0%
Total return, 1 year	+17.8%	+13.3%
Benchmark return, 1 year	+25.6%	+25.6%
Ahead or behind	−7.8 pts	−12.3 pts
Return of capital, latest estimate	not published	78%
Age	1059 days	1381 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.

OARK in plain words

Over the year to Sep 4, 2026, OARK paid 39.3% of its starting value in cash distributions while its price fell 29.0%. With every distribution reinvested, the fund returned +13.3%. Nasdaq-100 (QQQ), used as the innovation proxy returned +25.6% over the same days, so a holder was behind by 12.3 pts. At its price on Sep 4, 2026 the latest distribution annualises to 40.3%, paid weekly. YieldMax estimates that 78% 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 OARK?: Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting price in cash and OARK paid 39.3%, so OARK 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 OARK?: With every distribution reinvested, FEPI returned +17.8% and OARK returned +13.3% over the year to Sep 4, 2026, so FEPI returned more.
Which is cheaper, FEPI or OARK?: FEPI charges 0.65% a year and OARK charges 1.00%, so FEPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Cite this page. ETFIQ, FEPI against OARK, data as of Sep 4, 2026. https://etfiq.com/compare/income/FEPI-OARK.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