FEPI vs QYLD: Which Covered Call ETF Is Better?

FEPI and QYLD 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 QYLD provides ~11.5% yield targeting retired investor seeking maximum cash flow, accepting capital erosion. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.

Compare ETFs

Compare covered call ETFs with the same benchmark side by side

Step 1: Select Benchmark

Step 2: Select ETFs to Compare

FEPI

REX FANG & Innovation Equity Premium Income ETF

NasdaqInception: Jan 1, 2022

5.1

Overall Score

QYLD

Global X Nasdaq 100 Covered Call ETF

NasdaqInception: Dec 11, 2013

5.3

Overall Score

CriteriaFEPIQYLD
Overall Score
5.1
5.3
Total Return (25%)
6.8
2.0
Downside Protection (25%)
8.5
Upside Participation (25%)
8.2
5.0
Consistency (15%)
5.3
4.9
Expense Ratio (5%)
4.4
5.0
Liquidity (5%)
5.9
7.9
🔒

Compare Across All Time Windows

Since Inception

3 Years

Pro only

1 Year

Pro only

3 Months

Pro only

Upgrade to Pro — $34/month

Key Metrics

MetricFEPIQYLD
Expense Ratio0.650%0.600%
Inception DateJan 1, 2022Dec 11, 2013
IssuerREX SharesGlobal X
Distribution FrequencyMonthlyMonthly
Maturity Rating3/5 stars5/5 stars

Verdicts

FEPI

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

QYLD

The yield is real but capital erodes — use with full understanding of the trade-off

Investor Profile:

Retired investor seeking maximum cash flow, accepting capital erosion

Full scores for these funds

See where these rank against every QQQ fund

Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.

Get the monthly ranking by email

28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.

We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.