Data as of .
FEPI vs PBP: which paid, and which earned it?
Over the year FEPI paid 23.4% of its price in cash against PBP’s 11.8%, though PBP returned more with it reinvested.
ETFIQ Return Stability Score: PBP 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 PBP hold 23% of their money in the same securities at the same weight.
| Holding | FEPI | PBP |
|---|---|---|
| APPLE INC. | 5.14% | 7.50% |
| AMAZON.COM, INC. | 5.21% | 3.77% |
| ALPHABET INC. | 8.83% | 3.11% |
| BROADCOM INC. | 8.05% | 2.57% |
| META PLATFORMS, INC. | 5.14% | 2.22% |
| MICRON TECHNOLOGY, INC. | 8.91% | 1.74% |
| TESLA, INC. | 7.47% | 1.56% |
| ADVANCED MICRO DEVICES, INC. | 9.98% | 1.39% |
| PALANTIR TECHNOLOGIES INC. | 5.17% | 0.62% |
| NETFLIX, INC. | 5.16% | 0.46% |
| Only in FEPI | Only in PBP |
|---|---|
| NVIDIA CORPORATION 7.76% | NVIDIA Corp 8.18% |
| INTEL CORPORATION 5.24% | Microsoft Corp 5.57% |
| MICROSOFT CORPORATION 5.19% | Alphabet Inc 2.47% |
| APPLOVIN CORPORATION 5.16% | JPMorgan Chase & Co 1.42% |
| ORACLE CORPORATION 5.16% | Berkshire Hathaway Inc 1.42% |
| United States of America 2.42% | Eli Lilly & Co 1.38% |
| ExxonMobil Holdings Corp 1.03% | |
| Johnson & Johnson 0.99% |
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 19, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FEPI | PBP | FEPI | PBP | FEPI | PBP | |
| 3 months | +2.9% | +5.0% | 6.0% | 2.8% | +5.4 pts | +2.7 pts |
| 6 months | +17.2% | +13.0% | 12.8% | 5.7% | −7.1 pts | −5.0 pts |
| 1 year | +15.7% | +18.5% | 23.4% | 11.8% | −6.1 pts | +1.9 pts |
| 3 years | not published | +46.1% | not published | 31.8% | not published | −32.3 pts |
| Since launch | +69.0% | +199.0% | 66.8% | 101.2% | −28.5 pts | −604.5 pts |
| FEPI REX FANG & Innovation Equity Premium Income ETF Covered call on QQQ, paying weekly | PBP Invesco S&P 500 BuyWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | REX | Invesco |
| 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% | 11.3% |
| Expense ratio | 0.65% | 0.29% |
| Cash paid, 1 year | 23.4% | 11.8% |
| Price change, 1 year | −10.0% | +5.5% |
| Total return, 1 year | +15.7% | +18.5% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −6.1 pts | +1.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1073 days | 6101 days |
| Net assets | $713m | $386m |
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.
PBP in plain words
Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.
Questions people ask
- Which paid more, FEPI or PBP?
- Over the year to Sep 18, 2026, FEPI paid 23.4% of its starting price in cash and PBP paid 11.8%, 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 PBP?
- With every distribution reinvested, FEPI returned +15.7% and PBP returned +18.5% over the year to Sep 18, 2026, so PBP returned more.
- Which is cheaper, FEPI or PBP?
- FEPI charges 0.65% a year and PBP charges 0.29%, so PBP 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 PBP, data as of Sep 18, 2026. https://etfiq.com/compare/income/fepi-vs-pbp Free to use with attribution; the underlying files are at Open data.