Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

FEPI vs KIQQ: which paid, and which earned it?

FEPI and KIQQ both write options for income.

REX FANG & Innovation Equity Premium Income ETF and KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF.

23.4%FEPI cash paid, 1 year
5.8%KIQQ cash paid, 1 year
+15.7%FEPI total return, 1 year
+6.0%KIQQ total return, 1 year
FEPI6.1 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%FEPI+15.7%23.4% of it arrived as cash6.1 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%FEPI+15.7%23.4% as cash6.1 pts behind QQQ
KIQQ9.9 pts behind QQQ · since launch to Sep 18, 2026
QQQ+15.9%KIQQ+6.0%5.8% as cash9.9 pts behind QQQTotal return, distributions reinvestedQQQ+15.9%KIQQ+6.0%9.9 pts behind QQQ

What they hold in common

By the books each fund has filed, FEPI and KIQQ hold 25% of their money in the same securities at the same weight.

Positions FEPI and KIQQ both hold, largest shared weight first
HoldingFEPIKIQQ
APPLE INC.5.14%8.20%
MICRON TECHNOLOGY, INC.8.91%5.14%
AMAZON.COM, INC.5.21%4.50%
META PLATFORMS, INC.5.14%3.31%
TESLA, INC.7.47%3.19%
BROADCOM INC.8.05%2.76%
NETFLIX, INC.5.16%1.39%
Only in each
Only in FEPIOnly in KIQQ
ADVANCED MICRO DEVICES, INC. 9.98%+NDXDBHIO/-FED FUNDS 100.58%
ALPHABET INC. 8.83%NVIDIA CORP 8.90%
NVIDIA CORPORATION 7.76%MICROSOFT CORP 6.17%
INTEL CORPORATION 5.24%ADVANCED MICRO DEVICES 4.21%
MICROSOFT CORPORATION 5.19%ALPHABET INC-CL A 3.40%
PALANTIR TECHNOLOGIES INC. 5.17%ALPHABET INC-CL C 3.15%
APPLOVIN CORPORATION 5.16%SPACE EXPLORATION TECHN-CL A 3.07%
ORACLE CORPORATION 5.16%INTEL CORP 2.66%

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 Sep 18, 2026.

Performance, window by window

FEPI and KIQQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FEPIKIQQFEPIKIQQFEPIKIQQ
3 months+2.9%−3.2%6.0%1.9%+5.4 pts−0.7 pts
6 months+17.2%+11.9%12.8%4.5%−7.1 pts−12.3 pts
1 year+15.7%not published23.4%not published−6.1 ptsnot published
Since launch+69.0%+6.0%66.8%5.8%−28.5 pts−9.9 pts
Open the live comparison on ETFIQ
FEPI and KIQQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FEPI
REX FANG & Innovation Equity Premium Income ETF
Covered call on QQQ, paying weekly
KIQQ
KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF
Buffer with income on QQQ, paying monthly
IssuerREXKraneShares
Strategycovered callbuffer with income
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyNasdaq-100 (QQQ)
Paysweeklymonthly
Payout rate, annualized24.9%6.3%
Expense ratio0.65%0.79%
Cash paid, 1 year23.4%5.8% (since launch on Jan 7, 2026)
Price change, 1 year−10.0%−0.1%
Total return, 1 year+15.7%+6.0% (since launch on Jan 7, 2026)
Benchmark return, 1 year+21.8%+15.9%
Ahead or behind−6.1 pts−9.9 pts
Return of capital, latest estimatenot publishednot published
Age1073 days254 days
Net assets$713m$3m

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.

KIQQ in plain words

Over the period since launch on Jan 7, 2026 to Sep 18, 2026, KIQQ paid 5.8% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +6.0%. Nasdaq-100 (QQQ) returned +15.9% over the same days, so a holder was behind by 9.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, paid monthly.

Questions people ask

Which is cheaper, FEPI or KIQQ?
FEPI charges 0.65% a year and KIQQ charges 0.79%, 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.

FEPI against KIQQ, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FEPI against KIQQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/fepi-vs-kiqq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources