# FEPI (REX FANG & Innovation Equity Premium Income ETF)

REX · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, FEPI paid 23.4% in cash and still finished 5.8 points behind QQQ.

## Key facts

- FEPI, cash paid, 1 year, on its starting price: 23.4%, as of Sep 11, 2026.
- FEPI, total return, 1 year: +17.1%, as of Sep 11, 2026.
- FEPI, against QQQ: −5.8 pts, as of Sep 11, 2026.
- FEPI, latest payout, annualized: 25.2%, as of Sep 11, 2026.
- FEPI, net assets: $700m (issuer page, as of Sep 10, 2026).
- FEPI, expense ratio: 0.65% (485BPOS XBRL, Nov 26, 2025).

## FEPI over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | QQQ | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 6.1% | −2.2% | +4.2% | −0.8% | +5.0 pts |
| 6 months | 12.1% | +1.6% | +14.6% | +20.7% | −6.1 pts |
| 1 year | 23.4% | −8.5% | +17.1% | +23.0% | −5.8 pts |
| Since launch | 66.4% | −17.8% | +67.5% | +95.6% | −28.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | covered call | ETFIQ |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy (proxy) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $700m | issuer page, as of Sep 10, 2026 |
| Latest payout, annualized | 25.2% | ETFIQ |
| Expense ratio | 0.65% | 485BPOS XBRL, Nov 26, 2025 |
| Cash paid, last 12 months, over today’s price | 25.6% | ETFIQ |
| Launched | Oct 11, 2023 | ETFIQ |
| Pays | weekly | ETFIQ |
| Typical gap between ex-dates | 7 days | ETFIQ |
| Typical wait from ex-date to payment | 1 day | ETFIQ |
| Last paid, per share | $0.2063 ex Sep 9, 2026 | ETFIQ |
| Sum of the last 12 distributions | $2.4283 | ETFIQ |

## Questions

### How much has FEPI paid over the last year?

Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting price in cash distributions, while the price fell 8.5%.

### Is FEPI ahead of QQQ?

Over the year to Sep 11, 2026, with every distribution reinvested, FEPI returned +17.1% against +23.0% for Nasdaq-100 (QQQ), used as the innovation proxy, so a holder was behind it by 5.8 points.

### How often does FEPI pay, and how much?

FEPI pays weekly. The latest distribution annualizes to 25.2% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### When does FEPI next pay a distribution?

FEPI pays weekly. The last distribution went ex on Sep 9, 2026 at $0.2063 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Sep 16, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 1 day.

### What does FEPI cost?

The prospectus expense ratio is 0.65% a year.


## Cite this page

ETFIQ, FEPI, data as of Sep 11, 2026. https://etfiq.com/funds/fepi
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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