QQQI and FEPI are both covered call ETFs tracking the same benchmark, but with different approaches. QQQI offers ~14% yield with a focus on investor seeking nasdaq exposure with high income and optimized tax treatment, while FEPI provides ~7.2% yield targeting tech-bullish income investors who want to monetize their tech exposure. 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
NEOS Nasdaq 100 High Income ETF
6.5
Overall Score
REX FANG & Innovation Equity Premium Income ETF
5.1
Overall Score
| Criteria | QQQI | FEPI |
|---|---|---|
| Overall Score | 6.5 5.1 | |
| Total Return (25%) | 7.6 6.8 | |
| Downside Protection (25%) | 5.7 — | |
| Upside Participation (25%) | 7.7 8.1 | |
| Consistency (15%) | 4.8 5.6 | |
| Expense Ratio (5%) | 4.0 4.4 | |
| Liquidity (5%) | 6.5 5.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QQQI | FEPI |
|---|---|---|
| Expense Ratio | 0.680% | 0.650% |
| Inception Date | Jan 30, 2024 | Jan 1, 2022 |
| Issuer | NEOS | REX Shares |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 3/5 stars |
Ranked #1 in our model but interpret with caution — only 2 maturity stars, no 2022-style correction in its history
Investor Profile:
Investor seeking Nasdaq exposure with high income and optimized tax treatment
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