FEPI vs. QQQ
Compare and contrast key facts about REX FANG & Innovation Equity Premium Income ETF (FEPI) and Invesco QQQ (QQQ).
FEPI and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEPI or QQQ.
Performance
FEPI vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, FEPI achieves a 15.69% return, which is significantly lower than QQQ's 23.40% return.
FEPI
15.69%
1.48%
6.12%
21.81%
N/A
N/A
QQQ
23.40%
1.56%
10.75%
30.41%
20.90%
18.08%
Key characteristics
| FEPI | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.35 | 1.71 |
| Sortino Ratio | 1.78 | 2.29 |
| Omega Ratio | 1.26 | 1.31 |
| Calmar Ratio | 1.50 | 2.19 |
| Martin Ratio | 5.41 | 7.95 |
| Ulcer Index | 3.93% | 3.73% |
| Daily Std Dev | 15.77% | 17.38% |
| Max Drawdown | -14.17% | -82.98% |
| Current Drawdown | -2.48% | -2.13% |
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. QQQ - Expense Ratio Comparison
FEPI has a 0.65% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between FEPI and QQQ 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. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for REX FANG & Innovation Equity Premium Income ETF (FEPI) and Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
FEPI's dividend yield for the trailing twelve months is around 26.33%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEPI REX FANG & Innovation Equity Premium Income ETF | 26.33% | 4.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
FEPI vs. QQQ - Drawdown Comparison
The maximum FEPI drawdown since its inception was -14.17%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FEPI and QQQ. For additional features, visit the drawdowns tool.
Volatility
FEPI vs. QQQ - Volatility Comparison
The current volatility for REX FANG & Innovation Equity Premium Income ETF (FEPI) is 4.87%, while Invesco QQQ (QQQ) has a volatility of 5.66%. This indicates that FEPI experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.