Data as of .
FEPI vs IQQQ: which paid, and which earned it?
Over the year FEPI paid 23.4% of its price in cash against IQQQ’s 6.5%, though IQQQ returned more with it reinvested.
ETFIQ Return Stability Score: IQQQ scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. 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, FEPI and IQQQ hold 33% of their money in the same securities at the same weight.
| Holding | FEPI | IQQQ |
|---|---|---|
| APPLE INC. | 5.14% | 6.74% |
| MICRON TECHNOLOGY, INC. | 8.91% | 4.44% |
| AMAZON.COM, INC. | 5.21% | 4.27% |
| ADVANCED MICRO DEVICES, INC. | 9.98% | 3.41% |
| ALPHABET INC. | 8.83% | 3.25% |
| TESLA, INC. | 7.47% | 3.20% |
| BROADCOM INC. | 8.05% | 3.11% |
| META PLATFORMS, INC. | 5.14% | 2.74% |
| NETFLIX, INC. | 5.16% | 1.47% |
| PALANTIR TECHNOLOGIES INC. | 5.17% | 1.46% |
| Only in FEPI | Only in IQQQ |
|---|---|
| NVIDIA CORPORATION 7.76% | ProShares GENIUS Money Market ETF 7.60% |
| INTEL CORPORATION 5.24% | NVIDIA Corp. 7.54% |
| MICROSOFT CORPORATION 5.19% | Microsoft Corp. 4.92% |
| APPLOVIN CORPORATION 5.16% | Alphabet, Inc. 3.01% |
| ORACLE CORPORATION 5.16% | Intel Corp. 2.33% |
| United States of America 2.42% | Walmart, Inc. 2.30% |
| Cisco Systems, Inc. 1.93% | |
| Costco Wholesale Corp. 1.72% |
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 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FEPI | IQQQ | FEPI | IQQQ | FEPI | IQQQ | |
| 3 months | +2.9% | −3.1% | 6.0% | 1.8% | +5.4 pts | −0.6 pts |
| 6 months | +17.2% | +19.1% | 12.8% | 4.2% | −7.1 pts | −5.1 pts |
| 1 year | +15.7% | +17.7% | 23.4% | 6.5% | −6.1 pts | −4.1 pts |
| Since launch | +69.0% | +51.5% | 66.8% | 24.4% | −28.5 pts | −13.0 pts |
| FEPI REX FANG & Innovation Equity Premium Income ETF Covered call on QQQ, paying weekly | IQQQ ProShares Nasdaq-100 High Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | REX | ProShares |
| Strategy | covered call | option income |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | Nasdaq-100 (QQQ) |
| Pays | weekly | monthly |
| Payout rate, annualized | 24.9% | 5.7% |
| Expense ratio | 0.65% | 0.97% |
| Cash paid, 1 year | 23.4% | 6.5% |
| Price change, 1 year | −10.0% | +10.8% |
| Total return, 1 year | +15.7% | +17.7% |
| Benchmark return, 1 year | +21.8% | +21.8% |
| Ahead or behind | −6.1 pts | −4.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1073 days | 912 days |
| Net assets | $713m | $405m |
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.
IQQQ in plain words
Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +17.7%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.7%, paid monthly.
Questions people ask
- Which paid more, FEPI or IQQQ?
- Over the year to Sep 18, 2026, FEPI paid 23.4% of its starting price in cash and IQQQ paid 6.5%, 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 IQQQ?
- With every distribution reinvested, FEPI returned +15.7% and IQQQ returned +17.7% over the year to Sep 18, 2026, so IQQQ returned more.
- Which is cheaper, FEPI or IQQQ?
- FEPI charges 0.65% a year and IQQQ charges 0.97%, 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 IQQQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/fepi-vs-iqqq Free to use with attribution; the underlying files are at Open data.