Which paid more, FEPI or OEI?

Over the year to Nov 4, 2026, FEPI paid 22.1% of its starting price in cash and OEI paid 9.2%, 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 OEI?

With every distribution reinvested, FEPI returned +2.9% and OEI +12.9% over the year to Nov 4, 2026.

Which is cheaper, FEPI or OEI?

FEPI charges 0.65% a year and OEI charges 1.02%, so FEPI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FEPI vs OEI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FEPI paid 22.1% of its price in cash against OEI’s 9.2%, though OEI returned more with it reinvested.

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Net assets: $679m on Nov 3, 2026 for REX FANG & Innovation Equity Premium Income ETF, and $46m on Jul 31, 2026 for Optimized Equity Income ETF.

FEPI on its own →OEI on its own →

At a glance

22.1%

FEPI cash paid, 1 year

9.2%

OEI cash paid, 1 year

+2.9%

FEPI total return, 1 year

+12.9%

OEI total return, 1 year

FEPI · 1 year to Nov 4, 2026 Not measured

FEPI

+2.9%

none

Not measured

FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

FEPI

+2.9%

22.1% as cash

Total return, distributions reinvested

Not measured

FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

FEPI

+2.9%

22.1% of it arrived as cash. Total return, distributions reinvested. FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

OEI · 1 year to Nov 4, 2026 1.9 pts behind SPY

OEI

+12.9%

SPY

+14.8%

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% of it arrived as cash

1.9 pts behind SPY

Total return, distributions reinvested

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% cash

1.9 pts behind SPY

9.2% of it arrived as cash. Both charts share one scale, with zero at the line. OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FEPI costs 0.37 points a year less; their one-year returns differ by 10.0 points.

Points (pts) are percentage points.

FEPI vs OEI: Dividend Yield & Total Return
Measure	FEPI	OEI
Paid and earned
Measure	FEPI	OEI
Total return, 1 year	+2.9%	+12.9%
Price change, 1 year	fell 19.3%	rose 3.0%
Against its benchmark
Measure	FEPI	OEI
Benchmark	not published	S&P 500, measured through SPY
Cost and size
Measure	FEPI	OEI
Expense ratio	0.65%	1.02%
Net assets, FEPI as of Nov 3, 2026 and OEI as of Jul 31, 2026	$679m	$46m
Holdings
Measure	FEPI	OEI
Holdings in common	36%

Method

What they share

36%

By the books each fund has filed, FEPI and OEI hold 36% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

50%

0 half 100%

half

36% in common

Positions both hold · largest shared weight first FEPI OEI

NVIDIA CORPORATION 6.68% 8.22%

APPLE INC. 6.90% 4.23%

MICROSOFT CORPORATION 4.23% 5.93%

AMAZON.COM, INC. 4.21% 4.51%

ALPHABET INC. 7.00% 3.44%

BROADCOM INC. 6.95% 3.01%

MICRON TECHNOLOGY, INC. 5.88% 2.54%

META PLATFORMS, INC. 4.25% 2.15%

ADVANCED MICRO DEVICES, INC. 6.04% 1.54%

TESLA, INC. 4.22% 1.44%

INTEL CORPORATION 4.10% 1.32%

NETFLIX, INC. 4.21% 0.55%

Only in one fund ↓

Only in FEPI

SANDISK CORPORATION 4.09%

Only in OEI

Alphabet Inc 2.76%

Johnson & Johnson 2.08%

ExxonMobil Holdings Corp 2.04%

Booking Holdings Inc 1.86%

Eli Lilly & Co 1.78%

JPMorgan Chase & Co 1.63%

Berkshire Hathaway Inc 1.58%

AbbVie Inc 1.55%

Check overlap with more funds →

Side by side

FEPI REX FANG & Innovation Equity Premium Income ETF · Covered call, paying weekly OEI Optimized Equity Income ETF · Option income on SPY, paying monthly

Issuer REX Core Alternative

Strategy covered call option income

Benchmark none S&P 500 (SPY)

Pays weekly monthly

Payout rate, annualized 24.9% 9.6%

Expense ratio 0.65% 1.02%

Cash paid, 1 year 22.1% 9.2%

Price change, 1 year −19.3% +3.0%

Total return, 1 year +2.9% +12.9%

Benchmark return, 1 year not published +14.8%

Ahead or behind not available −1.9 pts

Return of capital, latest estimate not published not published

Age 3.1 years 1.0 years

Net assets, FEPI as of Nov 3, 2026 and OEI as of Jul 31, 2026 $679m $46m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FEPI vs OEI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FEPI	OEI	FEPI	OEI	FEPI	OEI
3 months	−1.5%	+3.3%	6.4%	2.4%	not measured	+3.4 pts
6 months	−2.4%	+6.3%	11.2%	4.7%	not measured	+1.3 pts
1 year	+2.9%	+12.9%	22.1%	9.2%	not measured	−1.9 pts
3 years	+55.6%	–	69.1%	–	not measured	–
Since launchNot the same days: FEPI Oct 2023 · OEI Oct 2025	+56.7%	+15.0%	69.6%	9.4%	not measured	−1.1 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

FEPI

Over the year to Nov 4, 2026, FEPI paid 22.1% of its starting value in cash distributions while its price fell 19.3%. With every distribution reinvested, the fund returned +2.9%. At its price on Nov 4, 2026 the latest distribution annualizes to 24.9%, paid weekly.

OEI

Over the year to Nov 4, 2026, OEI paid 9.2% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +12.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 1.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.6%, paid monthly.

Questions people ask

Which paid more, FEPI or OEI?: Over the year to Nov 4, 2026, FEPI paid 22.1% of its starting price in cash and OEI paid 9.2%, 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 OEI?: With every distribution reinvested, FEPI returned +2.9% and OEI +12.9% over the year to Nov 4, 2026.
Which is cheaper, FEPI or OEI?: FEPI charges 0.65% a year and OEI charges 1.02%, so FEPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FEPI vs GPIX FEPI vs SPYI FEPI vs JEPI FEPI vs SPIN OEI vs SDVD OEI vs KNG OEI vs RDVI OEI vs QQQI

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →FEPI on its own →OEI on its own →FEPI dividend history →FEPI holdings →OEI dividend history →OEI holdings →Method →Standards and sources →

Sources and dates

FEPI filings on SEC EDGAR ↗

FEPI prospectus with the expense ratio (SEC) ↗

REX page for FEPI ↗

OEI filings on SEC EDGAR ↗

OEI prospectus with the expense ratio (SEC) ↗

Core Alternative website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FEPI against OEI, data as of Nov 4, 2026. https://etfiq.com/compare/income/fepi-vs-oei

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.