Data as of .
FEPI vs HEMI: which paid, and which earned it?
FEPI and HEMI both write options for income.
What they hold in common
By the books each fund has filed, FEPI and HEMI hold 44% of their money in the same securities at the same weight.
| Holding | FEPI | HEMI |
|---|---|---|
| NVIDIA CORPORATION | 7.76% | 9.11% |
| ALPHABET INC. | 8.83% | 7.69% |
| AMAZON.COM, INC. | 5.21% | 5.73% |
| MICROSOFT CORPORATION | 5.19% | 5.72% |
| APPLE INC. | 5.14% | 5.86% |
| BROADCOM INC. | 8.05% | 4.02% |
| META PLATFORMS, INC. | 5.14% | 2.66% |
| ADVANCED MICRO DEVICES, INC. | 9.98% | 1.89% |
| NETFLIX, INC. | 5.16% | 1.39% |
| MICRON TECHNOLOGY, INC. | 8.91% | 1.15% |
| ORACLE CORPORATION | 5.16% | 0.55% |
| PALANTIR TECHNOLOGIES INC. | 5.17% | 0.52% |
| Only in FEPI | Only in HEMI |
|---|---|
| INTEL CORPORATION 5.24% | JPMorgan Chase & Co 2.42% |
| United States of America 2.42% | Eli Lilly & Co 2.13% |
| Mastercard Inc 2.04% | |
| Goldman Sachs Group Inc/The 1.71% | |
| Walmart Inc 1.70% | |
| KLA Corp 1.39% | |
| Intercontinental Exchange Inc 1.28% | |
| Welltower Inc 1.26% |
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 | HEMI | FEPI | HEMI | FEPI | HEMI | |
| 3 months | +2.9% | +0.8% | 6.0% | 2.2% | +5.4 pts | −1.5 pts |
| 6 months | +17.2% | +13.6% | 12.8% | 4.9% | −7.1 pts | −4.5 pts |
| 1 year | +15.7% | not published | 23.4% | not published | −6.1 pts | not published |
| Since launch | +69.0% | +11.2% | 66.8% | 6.0% | −28.5 pts | −3.4 pts |
| FEPI REX FANG & Innovation Equity Premium Income ETF Covered call on QQQ, paying weekly | HEMI Hartford Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | REX | Hartford |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualized | 24.9% | 9.1% |
| Expense ratio | 0.65% | 0.49% |
| Cash paid, 1 year | 23.4% | 6.0% (since launch on Dec 17, 2025) |
| Price change, 1 year | −10.0% | +4.9% |
| Total return, 1 year | +15.7% | +11.2% (since launch on Dec 17, 2025) |
| Benchmark return, 1 year | +21.8% | +14.7% |
| Ahead or behind | −6.1 pts | −3.4 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1073 days | 275 days |
| Net assets | $713m | $33m |
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.
HEMI in plain words
Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, paid monthly.
Questions people ask
- Which is cheaper, FEPI or HEMI?
- FEPI charges 0.65% a year and HEMI charges 0.49%, so HEMI 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 HEMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fepi-vs-hemi Free to use with attribution; the underlying files are at Open data.