FEPI vs. GPIQ
Compare and contrast key facts about REX FANG & Innovation Equity Premium Income ETF (FEPI) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ).
FEPI and GPIQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEPI is an actively managed fund by REX. It was launched on Oct 11, 2023. GPIQ is an actively managed fund by Goldman Sachs. It was launched on Oct 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEPI or GPIQ.
Performance
FEPI vs. GPIQ - Performance Comparison
Returns By Period
In the year-to-date period, FEPI achieves a 15.75% return, which is significantly lower than GPIQ's 20.61% return.
FEPI
15.75%
1.75%
6.17%
22.69%
N/A
N/A
GPIQ
20.61%
1.57%
9.50%
26.17%
N/A
N/A
Key characteristics
| FEPI | GPIQ | |
|---|---|---|
| Sharpe Ratio | 1.46 | 1.79 |
| Sortino Ratio | 1.90 | 2.41 |
| Omega Ratio | 1.27 | 1.34 |
| Calmar Ratio | 1.62 | 2.25 |
| Martin Ratio | 5.85 | 9.13 |
| Ulcer Index | 3.92% | 2.87% |
| Daily Std Dev | 15.81% | 14.71% |
| Max Drawdown | -14.17% | -11.66% |
| Current Drawdown | -2.43% | -2.02% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEPI vs. GPIQ - Expense Ratio Comparison
FEPI has a 0.65% expense ratio, which is higher than GPIQ's 0.29% expense ratio.
Correlation
The correlation between FEPI and GPIQ is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
FEPI vs. GPIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for REX FANG & Innovation Equity Premium Income ETF (FEPI) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FEPI vs. GPIQ - Dividend Comparison
FEPI's dividend yield for the trailing twelve months is around 26.32%, more than GPIQ's 9.98% yield.
| TTM | 2023 | |
|---|---|---|
FEPI REX FANG & Innovation Equity Premium Income ETF | 26.32% | 4.21% |
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 9.98% | 1.74% |
Drawdowns
FEPI vs. GPIQ - Drawdown Comparison
The maximum FEPI drawdown since its inception was -14.17%, which is greater than GPIQ's maximum drawdown of -11.66%. Use the drawdown chart below to compare losses from any high point for FEPI and GPIQ. For additional features, visit the drawdowns tool.
Volatility
FEPI vs. GPIQ - Volatility Comparison
REX FANG & Innovation Equity Premium Income ETF (FEPI) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) have volatilities of 4.79% and 4.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.