Which paid more, FEPI or XYLD?

Over the year to Oct 28, 2026, FEPI paid 22.9% of its starting price in cash and XYLD paid 10.6%, 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 XYLD?

With every distribution reinvested, FEPI returned +8.5% and XYLD +15.8% over the year to Oct 28, 2026.

Which is cheaper, FEPI or XYLD?

FEPI charges 0.65% a year and XYLD charges 0.60%, so XYLD is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Income ETFs

FEPI vs XYLD: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Oct 28, 2026, FEPI paid 22.9% of its price in cash against XYLD’s 10.6%, though XYLD returned more with it reinvested.

askIQ about this page

askIQ about FEPI and XYLD

Net assets: $725m on Oct 27, 2026 for REX FANG & Innovation Equity Premium Income ETF, and $3.4bn on Oct 12, 2026 for Global X S&P 500 Covered Call ETF.

FEPI on its own →XYLD on its own →

At a glance

22.9%

FEPI cash paid, 1 year

10.6%

XYLD cash paid, 1 year

+8.5%

FEPI total return, 1 year

+15.8%

XYLD total return, 1 year

FEPI · 1 year to Oct 28, 2026 Not measured

FEPI

+8.5%

none

Not measured

FEPI over 1 year: paid 22.9%, price −16.3%, total +8.5%, not measured against a benchmark. Data to Oct 28, 2026.

FEPI

+8.5%

22.9% of it arrived as cash

Total return, distributions reinvested

Not measured

FEPI over 1 year: paid 22.9%, price −16.3%, total +8.5%, not measured against a benchmark. Data to Oct 28, 2026.

FEPI

+8.5%

22.9% cash

22.9% of it arrived as cash. Total return, distributions reinvested. FEPI over 1 year: paid 22.9%, price −16.3%, total +8.5%, not measured against a benchmark. Data to Oct 28, 2026.

Data to Oct 28, 2026.

XYLD · 1 year to Oct 28, 2026 2.2 pts ahead of SPY

XYLD

+15.8%

SPY

+13.6%

2.2 pts ahead of SPY

XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.

SPY

+13.6%

XYLD

+15.8%

10.6% of it arrived as cash

2.2 pts ahead of SPY

Total return, distributions reinvested

2.2 pts ahead of SPY

XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.

SPY

+13.6%

XYLD

+15.8%

10.6% as cash

2.2 pts ahead of SPY

10.6% of it arrived as cash. Both charts share one scale, with zero at the line. XYLD over 1 year: paid 10.6%, price +4.3%, total +15.8%, SPY +13.6%, +2.2 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

XYLD costs 0.05 points a year less; their one-year returns differ by 7.3 points; XYLD is 4.6 times larger.

Points (pts) are percentage points.

FEPI vs XYLD: Dividend Yield & Total Return
Measure	FEPI	XYLD
Paid and earned
Measure	FEPI	XYLD
Total return, 1 year	+8.5%	+15.8%
Price change, 1 year	fell 16.3%	rose 4.3%
Return of capital, issuer estimate		93% of the Sep 24, 2026 payment
Against its benchmark
Measure	FEPI	XYLD
Benchmark	not published	S&P 500, measured through SPY
Cost and size
Measure	FEPI	XYLD
Expense ratio	0.65%	0.60%
Net assets, as of Oct 12, 2026	$744m	$3.4bn
Holdings
Measure	FEPI	XYLD
Holdings in common	36%

Holdings in common uses holdings dated Jul 31, 2026. Method

Risk and return

Oct 20, 2023 to Oct 23, 2026 · 157 weekly returns

FEPI XYLD

Return

Total return edge FEPI +68.3% +49.6%

Annualized edge FEPI +18.8% +14.3%

Price return edge XYLD −19.7% +6.9%

Risk

Volatility edge XYLD 19.1% 8.7%

Max drawdown edge XYLD −22.7% −14.0%

Risk-adjusted

Sharpe edge XYLD 0.77 1.06

Sortino edge XYLD 1.09 1.52

Calmar edge XYLD 0.83 1.02

Reading

FEPI returned more: +68.3% to +49.6%. XYLD swung less: 8.7% to 19.1%. XYLD fell less at its worst: −14.0% to −22.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: FEPI vs XYLD: Dividend Yield & Total Return
Measure	FEPI	XYLD	Edge	How it is measured
Return
Total return	+68.3%	+49.6%	FEPI	Price change plus distributions, reinvested.
Annualized	+18.8%	+14.3%	FEPI	Total return as a yearly rate.
Price return	−19.7%	+6.9%	XYLD	Price change alone, distributions left out.
Risk
Volatility	19.1%	8.7%	XYLD	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	13.4%	6.1%	XYLD	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−22.7%	−14.0%	XYLD	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.77	1.06	XYLD	Return above Treasury bills per unit of volatility.
Sortino	1.09	1.52	XYLD	Return above Treasury bills per unit of downside deviation.
Calmar	0.83	1.02	XYLD	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 157 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

36%

By the books each fund has filed, FEPI and XYLD 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 XYLD

APPLE INC. 6.90% 7.13%

NVIDIA CORPORATION 6.68% 7.64%

MICROSOFT CORPORATION 4.23% 5.42%

AMAZON.COM, INC. 4.21% 4.18%

ALPHABET INC. 7.00% 3.28%

BROADCOM INC. 6.95% 2.90%

META PLATFORMS, INC. 4.25% 1.92%

MICRON TECHNOLOGY, INC. 5.88% 1.46%

TESLA, INC. 4.22% 1.38%

ADVANCED MICRO DEVICES, INC. 6.04% 1.22%

INTEL CORPORATION 4.10% 0.67%

NETFLIX, INC. 4.21% 0.47%

Only in one fund ↓

Only in FEPI

Only in XYLD

ALPHABET INC. 2.65%

JPMORGAN CHASE & CO. 1.48%

BERKSHIRE HATHAWAY INC. 1.47%

ELI LILLY AND COMPANY 1.43%

EXXONMOBIL HOLDINGS CORPORATION 1.01%

JOHNSON & JOHNSON 0.97%

VISA INC. 0.95%

WALMART INC. 0.77%

Check overlap with more funds →

Side by side

FEPI REX FANG & Innovation Equity Premium Income ETF · Covered call, paying weekly XYLD Global X S&P 500 Covered Call ETF · Covered call on SPY, paying monthly

Issuer REX Global X

Strategy covered call covered call

Benchmark none S&P 500 (SPY)

Pays weekly monthly

Payout rate, annualized 24.6% 9.1%

Expense ratio 0.65% 0.60%

Cash paid, 1 year 22.9% 10.6%

Price change, 1 year −16.3% +4.3%

Total return, 1 year +8.5% +15.8%

Benchmark return, 1 year not published +13.6%

Ahead or behind not available +2.2 pts

Return of capital, latest estimate not published 93%

Age 3.0 years 13.3 years

Net assets, FEPI as of Oct 27, 2026 and XYLD as of Oct 12, 2026 $725m $3.4bn

As of Oct 28, 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 XYLD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FEPI	XYLD	FEPI	XYLD	FEPI	XYLD
3 months	+16.3%	+5.0%	7.0%	2.3%	not measured	−1.1 pts
6 months	+8.1%	+9.2%	11.0%	5.2%	not measured	+0.1 pts
1 year	+8.5%	+15.8%	22.9%	10.6%	not measured	+2.2 pts
3 years	+78.0%	+53.3%	72.9%	35.1%	not measured	−41.7 pts
Since launchNot the same days: FEPI Oct 2023 · XYLD Jun 2013	+69.0%	+195.1%	69.2%	114.5%	not measured	−320.2 pts

Open this comparison in the app →

Client brief · page 1 of 2 Report BR-9298D71CA3

FEPI and XYLD are built for the same job. How do they differ in cost, holdings and results?

Income paid. FEPI paid 22.9% and XYLD 10.6% (cash paid over 1 year, as a share of its price at the start), a gap of 12.3 points.
Holdings in common. 36% of the weight is in the same securities (holdings dated Jul 31, 2026).
One-year total return. Over 1 year to Oct 28, 2026 FEPI returned +8.5% and XYLD +15.8% with distributions reinvested, a gap of 7.3 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

FEPI

Over the year to Oct 28, 2026, FEPI paid 22.9% of its starting value in cash distributions while its price fell 16.3%. With every distribution reinvested, the fund returned +8.5%. At its price on Oct 28, 2026 the latest distribution annualizes to 24.6%, paid weekly.

XYLD

Over the year to Oct 28, 2026, XYLD paid 10.6% of its starting value in cash distributions while its price rose 4.3%. With every distribution reinvested, the fund returned +15.8%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 2.2 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 9.1%, paid monthly. Global X estimates that 93% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, FEPI or XYLD?: Over the year to Oct 28, 2026, FEPI paid 22.9% of its starting price in cash and XYLD paid 10.6%, 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 XYLD?: With every distribution reinvested, FEPI returned +8.5% and XYLD +15.8% over the year to Oct 28, 2026.
Which is cheaper, FEPI or XYLD?: FEPI charges 0.65% a year and XYLD charges 0.60%, so XYLD is cheaper. Fees come from each fund's prospectus.

Other comparisons

FEPI vs FTHI FEPI vs GPIX FEPI vs BALI FEPI vs DIVO XYLD vs YYY XYLD vs ULTY XYLD vs SDVD XYLD vs SIXH

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 →XYLD on its own →FEPI dividend history →FEPI holdings →XYLD dividend history →XYLD holdings →Method →Standards and sources →

Sources and dates

FEPI filings on SEC EDGAR ↗

FEPI prospectus with the expense ratio (SEC) ↗

REX page for FEPI ↗

XYLD filings on SEC EDGAR ↗

XYLD prospectus with the expense ratio (SEC) ↗

XYLD 19a-1 distribution notice ↗

Global X page for XYLD ↗

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 XYLD, data as of Oct 28, 2026. https://etfiq.com/compare/income/fepi-vs-xyld

Open data →

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