Data as of .
FEPI vs GRNI: which paid, and which earned it?
FEPI and GRNI both write options for income.
What they hold in common
By the books each fund has filed, FEPI and GRNI hold 30% of their money in the same securities at the same weight.
| Holding | FEPI | GRNI |
|---|---|---|
| ADVANCED MICRO DEVICES, INC. | 9.98% | 4.11% |
| AMAZON.COM, INC. | 5.21% | 2.99% |
| ALPHABET INC. | 8.83% | 2.96% |
| BROADCOM INC. | 8.05% | 2.90% |
| NETFLIX, INC. | 5.16% | 2.79% |
| NVIDIA CORPORATION | 7.76% | 2.46% |
| APPLE INC. | 5.14% | 2.39% |
| MICROSOFT CORPORATION | 5.19% | 2.37% |
| PALANTIR TECHNOLOGIES INC. | 5.17% | 2.36% |
| META PLATFORMS, INC. | 5.14% | 2.23% |
| TESLA, INC. | 7.47% | 2.14% |
| Only in FEPI | Only in GRNI |
|---|---|
| MICRON TECHNOLOGY, INC. 8.91% | Quanta Services Inc 3.23% |
| INTEL CORPORATION 5.24% | GE Vernova Inc 3.08% |
| APPLOVIN CORPORATION 5.16% | Strategy Inc 3.04% |
| ORACLE CORPORATION 5.16% | Arista Networks Inc 2.86% |
| United States of America 2.42% | KLA Corp 2.75% |
| Caterpillar Inc 2.73% | |
| Eaton Corp PLC 2.64% | |
| Bank of New York Mellon Corp/T 2.61% |
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 | |||
|---|---|---|---|---|---|---|
| FEPI | GRNI | FEPI | GRNI | FEPI | GRNI | |
| 3 months | +2.9% | +2.1% | 6.0% | 2.5% | +5.4 pts | −0.2 pts |
| 6 months | +17.2% | +16.3% | 12.8% | 5.4% | −7.1 pts | −1.8 pts |
| 1 year | +15.7% | not published | 23.4% | not published | −6.1 pts | not published |
| Since launch | +69.0% | +14.5% | 66.8% | 7.8% | −28.5 pts | −2.1 pts |
| FEPI REX FANG & Innovation Equity Premium Income ETF Covered call on QQQ, paying weekly | GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | REX | Fundstrat |
| Strategy | covered call | option income |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualized | 24.9% | 10.0% |
| Expense ratio | 0.65% | 0.99% |
| Cash paid, 1 year | 23.4% | 7.8% (since launch on Nov 18, 2025) |
| Price change, 1 year | −10.0% | +6.2% |
| Total return, 1 year | +15.7% | +14.5% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −6.1 pts | −2.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1073 days | 304 days |
| Net assets | $713m | $49m |
FEPI in plain words
Over the year to Sep 18, 2026, FEPI paid 23.4% of its starting value in cash distributions while its price fell 10.0%. With every distribution reinvested, the fund returned +15.7%. Nasdaq-100 (QQQ), used as the innovation proxy returned +21.8% over the same days, so a holder was behind by 6.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 24.9%, paid weekly.
GRNI in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, GRNI paid 7.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +14.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.0%, paid monthly.
Questions people ask
- Which is cheaper, FEPI or GRNI?
- FEPI charges 0.65% a year and GRNI charges 0.99%, 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, FEPI against GRNI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fepi-vs-grni Free to use with attribution; the underlying files are at Open data.