Data as of .
AMZY vs FEPI: which paid, and which earned it?
Over the year AMZY paid 35.9% of its price in cash against FEPI’s 23.4%, though FEPI returned more with it reinvested.
ETFIQ Return Stability Score: AMZY scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 61 income ETFs writing on a single company. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, AMZY and FEPI hold 0% of their money in the same securities at the same weight.
| Only in AMZY | Only in FEPI |
|---|---|
| TREASURY BILL 29.93% | ADVANCED MICRO DEVICES, INC. 9.98% |
| TREASURY BILL 28.22% | MICRON TECHNOLOGY, INC. 8.91% |
| TREASURY BILL 27.36% | ALPHABET INC. 8.83% |
| TREASURY BILL 8.79% | BROADCOM INC. 8.05% |
| TREASURY BILL 5.70% | NVIDIA CORPORATION 7.76% |
| TESLA, INC. 7.47% | |
| 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 dated Apr 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| AMZY | FEPI | AMZY | FEPI | AMZY | FEPI | |
| 3 months | +7.2% | +4.2% | 9.6% | 6.1% | −0.5 pts | +5.0 pts |
| 6 months | +19.1% | +14.6% | 23.2% | 12.1% | −4.6 pts | −6.1 pts |
| 1 year | +7.7% | +17.1% | 35.9% | 23.4% | −4.0 pts | −5.8 pts |
| 3 years | +70.6% | not published | 97.3% | not published | −11.2 pts | not published |
| Since launch | +88.3% | +67.5% | 107.5% | 66.4% | −10.6 pts | −28.2 pts |
| AMZY YieldMax(R) AMZN Option Income Strategy ETF Synthetic covered call on AMZN, paying weekly | FEPI REX FANG & Innovation Equity Premium Income ETF Covered call on QQQ, paying weekly | |
|---|---|---|
| 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, annualized | 25.3% | 25.2% |
| Expense ratio | 1.09% | 0.65% |
| Cash paid, 1 year | 35.9% | 23.4% |
| Price change, 1 year | −30.5% | −8.5% |
| Total return, 1 year | +7.7% | +17.1% |
| Benchmark return, 1 year | +11.7% | +23.0% |
| Ahead or behind | −4.0 pts | −5.8 pts |
| Return of capital, latest estimate | 34% | not published |
| Age | 1144 days | 1066 days |
AMZY in plain words
Over the year to Sep 11, 2026, AMZY paid 35.9% of its starting value in cash distributions while its price fell 30.5%. With every distribution reinvested, the fund returned +7.7%. Amazon (AMZN) returned +11.7% over the same days, so a holder was behind by 4.0 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 25.3%, paid weekly. YieldMax estimates that 34% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
FEPI in plain words
Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting value in cash distributions while its price fell 8.5%. With every distribution reinvested, the fund returned +17.1%. Nasdaq-100 (QQQ), used as the innovation proxy returned +23.0% over the same days, so a holder was behind by 5.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 25.2%, paid weekly.
Questions people ask
- Which paid more, AMZY or FEPI?
- Over the year to Sep 11, 2026, AMZY paid 35.9% of its starting price in cash and FEPI paid 23.4%, 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 +7.7% and FEPI returned +17.1% over the year to Sep 11, 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
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, AMZY against FEPI, data as of Sep 11, 2026. https://etfiq.com/compare/income/amzy-vs-fepi Free to use with attribution; the underlying files are at Open data.