Data as of .
FEPI vs XRMI: which paid, and which earned it?
Over the year FEPI paid 23.4% of its price in cash against XRMI’s 12.1%, and returned more with it reinvested.
ETFIQ Return Stability Score: XRMI 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 XRMI hold 18% of their money in the same securities at the same weight.
| Holding | FEPI | XRMI |
|---|---|---|
| APPLE INC. | 5.14% | 7.54% |
| AMAZON.COM, INC. | 5.21% | 3.82% |
| BROADCOM INC. | 8.05% | 2.61% |
| META PLATFORMS, INC. | 5.14% | 2.26% |
| MICRON TECHNOLOGY, INC. | 8.91% | 1.76% |
| TESLA, INC. | 7.47% | 1.58% |
| NETFLIX, INC. | 5.16% | 0.46% |
| Only in FEPI | Only in XRMI |
|---|---|
| ADVANCED MICRO DEVICES, INC. 9.98% | NVIDIA CORP 8.27% |
| ALPHABET INC. 8.83% | MICROSOFT CORP 5.63% |
| NVIDIA CORPORATION 7.76% | ALPHABET INC-CL A 3.15% |
| INTEL CORPORATION 5.24% | ALPHABET INC-CL C 2.50% |
| MICROSOFT CORPORATION 5.19% | BERKSHIRE HATHAWAY INC-CL B 1.46% |
| PALANTIR TECHNOLOGIES INC. 5.17% | JPMORGAN CHASE & CO 1.44% |
| APPLOVIN CORPORATION 5.16% | ELI LILLY & CO 1.42% |
| ORACLE CORPORATION 5.16% | ADVANCED MICRO DEVICES 1.40% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FEPI | XRMI | FEPI | XRMI | FEPI | XRMI | |
| 3 months | +2.9% | +3.5% | 6.0% | 3.0% | +5.4 pts | +1.2 pts |
| 6 months | +17.2% | +8.9% | 12.8% | 6.3% | −7.1 pts | −9.1 pts |
| 1 year | +15.7% | +10.3% | 23.4% | 12.1% | −6.1 pts | −6.3 pts |
| 3 years | not published | +27.2% | not published | 33.3% | not published | −51.2 pts |
| Since launch | +69.0% | +17.0% | 66.8% | 43.8% | −28.5 pts | −66.1 pts |
| FEPI REX FANG & Innovation Equity Premium Income ETF Covered call on QQQ, paying weekly | XRMI Global X S&P 500 Risk Managed Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | REX | Global X |
| Strategy | covered call | option income |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualized | 24.9% | 12.3% |
| Expense ratio | 0.65% | 0.60% |
| Cash paid, 1 year | 23.4% | 12.1% |
| Price change, 1 year | −10.0% | −2.4% |
| Total return, 1 year | +15.7% | +10.3% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −6.1 pts | −6.3 pts |
| Return of capital, latest estimate | not published | 95% |
| Age | 1073 days | 1849 days |
| Net assets | $713m | $60m |
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.
XRMI in plain words
Over the year to Sep 18, 2026, XRMI paid 12.1% of its starting value in cash distributions while its price fell 2.4%. With every distribution reinvested, the fund returned +10.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 6.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.3%, paid monthly. Global X estimates that 95% of the distribution paid Aug 27, 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 XRMI?
- Over the year to Sep 18, 2026, FEPI paid 23.4% of its starting price in cash and XRMI paid 12.1%, 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 XRMI?
- With every distribution reinvested, FEPI returned +15.7% and XRMI returned +10.3% over the year to Sep 18, 2026, so FEPI returned more.
- Which is cheaper, FEPI or XRMI?
- FEPI charges 0.65% a year and XRMI charges 0.60%, so XRMI 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 XRMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fepi-vs-xrmi Free to use with attribution; the underlying files are at Open data.