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Data as of .

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

Over the year NVDY paid 41.9% of its price in cash against FEPI’s 23.4%, and returned more with it reinvested.

REX FANG & Innovation Equity Premium Income ETF and YieldMax(R) NVDA Option Income Strategy ETF, side by side, income ETFs on ETFIQ.

23.4%FEPI cash paid, 1 year
41.9%NVDY cash paid, 1 year
+17.1%FEPI total return, 1 year
+23.3%NVDY total return, 1 year

ETFIQ Return Stability Score: NVDY scores higher

Was the payout funded by returns, or by your own capital?

FEPI 37.9NVDY 733.2, the lowest in this set96.9, the highest

A percentile among the 161 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

FEPI5.8 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%FEPI+17.1%23.4% of it arrived as cash5.8 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%FEPI+17.1%23.4% as cash5.8 pts behind QQQ
NVDYAbout even with NVDA · 1 year to Sep 11, 2026
NVDA+23.5%NVDY+23.3%41.9% of it arrived as cashabout even with NVDATotal return, distributions reinvestedNVDA+23.5%NVDY+23.3%41.9% as cashabout even with NVDA

What they hold in common

By the books each fund has filed, FEPI and NVDY hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in FEPIOnly in NVDY
ADVANCED MICRO DEVICES, INC. 9.98%TREASURY BILL 30.77%
MICRON TECHNOLOGY, INC. 8.91%TREASURY BILL 23.23%
ALPHABET INC. 8.83%TREASURY BILL 15.54%
BROADCOM INC. 8.05%TREASURY BILL 15.32%
NVIDIA CORPORATION 7.76%TREASURY BILL 15.13%
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

FEPI and NVDY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FEPINVDYFEPINVDYFEPINVDY
3 months+4.2%+6.6%6.1%10.3%+5.0 pts+0.1 pts
6 months+14.6%+15.5%12.1%22.7%−6.1 pts−5.9 pts
1 year+17.1%+23.3%23.4%41.9%−5.8 pts−0.2 pts
3 yearsnot published+247.4%not published167.4%not published−140.6 pts
Since launch+67.5%+354.3%66.4%205.8%−28.2 pts−311.9 pts
Open the live comparison on ETFIQ
FEPI and NVDY on the same fields, as of Sep 11, 2026. Source: ETFIQ.
FEPI
REX FANG & Innovation Equity Premium Income ETF
Covered call on QQQ, paying weekly
NVDY
YieldMax(R) NVDA Option Income Strategy ETF
Synthetic covered call on NVDA, paying weekly
IssuerREXYieldMax
Strategycovered callsynthetic covered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyNVIDIA (NVDA)
Paysweeklyweekly
Payout rate, annualized25.2%42.5%
Expense ratio0.65%1.09%
Cash paid, 1 year23.4%41.9%
Price change, 1 year−8.5%−23.6%
Total return, 1 year+17.1%+23.3%
Benchmark return, 1 year+23.0%+23.5%
Ahead or behind−5.8 pts−0.2 pts
Return of capital, latest estimatenot published69%
Age1066 days1219 days

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.

NVDY in plain words

Over the year to Sep 11, 2026, NVDY paid 41.9% of its starting value in cash distributions while its price fell 23.6%. With every distribution reinvested, the fund returned +23.3%. NVIDIA (NVDA) returned +23.5% over the same days, so a holder was about even. At its price on Sep 11, 2026 the latest distribution annualizes to 42.5%, paid weekly. YieldMax estimates that 69% 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).

Questions people ask

Which paid more, FEPI or NVDY?
Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting price in cash and NVDY paid 41.9%, so NVDY 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 NVDY?
With every distribution reinvested, FEPI returned +17.1% and NVDY returned +23.3% over the year to Sep 11, 2026, so NVDY returned more.
Which is cheaper, FEPI or NVDY?
FEPI charges 0.65% a year and NVDY charges 1.09%, 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 NVDY, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FEPI against NVDY, data as of Sep 11, 2026. https://etfiq.com/compare/income/fepi-vs-nvdy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources