FEPI and IQQQ are both covered call ETFs tracking the same benchmark, but with different approaches. FEPI offers ~7.2% yield with a focus on tech-bullish income investors who want to monetize their tech exposure, while IQQQ provides ~9.1% yield targeting income investors seeking nasdaq-100 exposure with daily covered call overlay and tax efficiency. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
REX FANG & Innovation Equity Premium Income ETF
5.1
Overall Score
ProShares Nasdaq-100 High Income ETF
5.7
Overall Score
| Criteria | FEPI | IQQQ |
|---|---|---|
| Overall Score | 5.1 5.7 | |
| Total Return (25%) | 6.8 8.0 | |
| Downside Protection (25%) | — 0.3 | |
| Upside Participation (25%) | 8.1 8.9 | |
| Consistency (15%) | 5.6 5.9 | |
| Expense Ratio (5%) | 4.4 5.6 | |
| Liquidity (5%) | 5.9 5.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | FEPI | IQQQ |
|---|---|---|
| Expense Ratio | 0.650% | 0.550% |
| Inception Date | Jan 1, 2022 | Jan 1, 2022 |
| Issuer | REX Shares | ProShares |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 3/5 stars | 3/5 stars |
A compelling option for investors who believe in mega-cap tech and want income on top. Concentration risk must be accepted.
Investor Profile:
Tech-bullish income investors who want to monetize their tech exposure
Solid but faces stiff competition from QQQI. Tax efficiency is its main differentiator.
Investor Profile:
Income investors seeking Nasdaq-100 exposure with daily covered call overlay and tax efficiency