Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
REX FANG & Innovation Equity Premium Income ETF(FEPI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FEPI
11/13/2026: FEPI (3-star) is currently NOT-A-BUY. Pass it for now.
FEPI is an actively managed ETF that provides high monthly income by holding a concentrated portfolio of 15 high-growth technology stocks and selling call options against them. It is a strong choice for income-focused investors who want to monetize volatility within the tech sector, though it involves significant concentration risk and caps capital gains. The primary use case is income generation, with the risk that principal may decline during tech downturns. Investors should monitor the fund’s distribution consistency and the volatility levels of its underlying tech holdings to gauge its future effectiveness.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The covered call strategy caps the upside potential of growth stocks, limiting capital appreciation. |
| Momentum investor | Strong fit while signal remains positive | The fund captures premiums during periods of high market momentum and volatility in tech stocks. |
| Value investor | Weak fit | The underlying assets are typically high-growth, high-multiple stocks which rarely align with traditional value criteria. |
| Dividend/Income investor | Strong fit | The fund is specifically designed to provide high monthly distributions to income-focused portfolios. |
| Low-risk investor | Weak fit | The concentration in volatile technology stocks creates significant price risk that outweighs the income benefits for conservative investors. |
Investor Profile
Ideal Investor Profile
The ideal investor is an income-seeking individual who wants exposure to the tech sector but prefers monthly cash flow over total capital growth.
Suitability
Best for investors comfortable with high volatility who prioritize immediate income over long-term capital appreciation.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The fund's reliance on tech sector volatility creates significant swings in net asset value. |
| Market risk | High | A downturn in the broader technology sector significantly impacts the portfolio's principal value. |
| Concentration | High | Holding only 15 stocks increases exposure to the specific performance of individual company outcomes. |
| Tracking/expense | Medium | The management fee is higher than passive alternatives, which can erode total returns over time. |
| Liquidity | Low | Underlying holdings are among the most liquid assets globally, ensuring smooth trading. |
| Business/sector quality | Medium / high | Performance is tethered to the health and innovation cycles of the tech sector. |
Sector & Industry Intelligence
This fund is not assigned to one sector.
Risk Analysis
Volatility
FEPI exhibits high volatility due to its concentrated exposure to high-growth tech stocks and the derivative overlay.
Market Risk
Market risk is significant; the fund does not hedge against systemic declines in the tech sector, meaning investors bear the full brunt of price drops.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Single stock | Portfolio of 15 high-growth technology and innovation stocks | 100 | The portfolio consists of equal-weighted holdings in large-cap technology companies which serve as the underlying assets for the call option strategy. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 29.56% | Avg. Invested days 61 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/13/2026 |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.