Data as of . Every figure is the income desk's own, on published data.
FEPI vs RYLD
What they hold in common
By the books each fund has filed, FEPI and RYLD hold 0% of their money in the same securities at the same weight.
| Only in FEPI | Only in RYLD |
|---|---|
| ADVANCED MICRO DEVICES, INC. 9.98% | Global X Russell 2000 ETF 100.00% |
| MICRON TECHNOLOGY, INC. 8.91% | N/A 0.00% |
| ALPHABET INC. 8.83% | N/A 0.00% |
| BROADCOM INC. 8.05% | N/A 0.00% |
| NVIDIA CORPORATION 7.76% | N/A 0.00% |
| TESLA, INC. 7.47% | N/A 0.00% |
| INTEL CORPORATION 5.24% | |
| AMAZON.COM, INC. 5.21% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FEPI | RYLD | FEPI | RYLD | FEPI | RYLD | |
| 3 months | +2.7% | +7.0% | 6.0% | 3.1% | +0.6 pts | +1.7 pts |
| 6 months | +14.8% | +13.5% | 11.7% | 6.2% | −5.3 pts | −5.0 pts |
| 1 year | +17.8% | +21.0% | 23.2% | 12.4% | −7.8 pts | −5.4 pts |
| 3 years | n/a | +33.0% | n/a | 32.7% | n/a | −31.2 pts |
| Since launch | +66.6% | +54.7% | 66.0% | 67.2% | −30.1 pts | −54.1 pts |
| FEPI REX FANG & Innovation Equity Premium Income ETF | RYLD Global X Russell 2000 Covered Call ETF | |
|---|---|---|
| Issuer | REX | Global X |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | Russell 2000 (IWM) |
| Pays | weekly | monthly |
| Payout rate, annualised | 25.1% | 12.2% |
| Expense ratio | 0.65% | 0.60% |
| Cash paid, 1 year | 23.2% | 12.4% |
| Price change, 1 year | −7.5% | +7.3% |
| Total return, 1 year | +17.8% | +21.0% |
| Benchmark return, 1 year | +25.6% | +26.4% |
| Ahead or behind | −7.8 pts | −5.4 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 1059 days | 2692 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.
RYLD in plain words
Over the year to Sep 4, 2026, RYLD paid 12.4% of its starting value in cash distributions while its price rose 7.3%. With every distribution reinvested, the fund returned +21.0%. Russell 2000 (IWM) returned +26.4% over the same days, so a holder was behind by 5.4 pts. At its price on Sep 4, 2026 the latest distribution annualises to 12.2%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 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 RYLD?
- Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting price in cash and RYLD paid 12.4%, 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 RYLD?
- With every distribution reinvested, FEPI returned +17.8% and RYLD returned +21.0% over the year to Sep 4, 2026, so RYLD returned more.
- Which is cheaper, FEPI or RYLD?
- FEPI charges 0.65% a year and RYLD charges 0.60%, so RYLD is cheaper. Fees come from each fund's prospectus.
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 RYLD, data as of Sep 4, 2026. https://etfiq.com/compare/income/FEPI-RYLD.html Free to use with attribution; the underlying files are at Open data.