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

> Source: Nexqual · https://nexqual.com/FEPI · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, REX FANG & Innovation Equity Premium Income ETF (FEPI), nexqual.com/FEPI" · informational, not investment advice.

**Price:** USD 40.16 (-0.02% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 40.17 · day 39.97–40.5 · 52w 37.9–49.68 · market cap null · NGM

## Key facts
- Total return with dividends: 1Y +6.8% vs S&P 500 +13.4%; 5Y +65.3% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2023-10-09) |
|---|---|---|
| Total return | +6.8% | +65.3% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +6.8% | +18.0% |
| Volatility (annualized) | 20.1% | 19.1% |
| Max drawdown | -15.0% (May 2026→Jul 2026) | -22.7% (Dec 2024→Mar 2025) |

## Peers
AIPI (REX AI Equity Premium Income ET) USD 35.22 +0.66% · QDTE (Roundhill Nasdaq-100 0DTE Cover) USD 27.58 +0.18% · SVOL (Simplify Volatility Premium ETF) USD 16.62 +0.54% · XDTE (Roundhill S&P 500 0DTE Covered ) USD 37.59 -0.34% · YMAX (YieldMax Universe Fund of Optio) USD 7.14 -0.14%

## More
Full page: https://nexqual.com/FEPI · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 23.3% | ±5.4% |
| 2026-12-18 | 56 | 21.9% | ±7.2% |
| 2027-01-15 | 84 | 16.4% | ±8.7% |
| 2027-04-16 | 175 | 22.6% | ±19.6% |