LLII vs. FEPI

Last updated Jun 4, 2026

LLII (REX LLY Growth & Income ETF) and FEPI (REX FANG & Innovation Equity Premium Income ETF) are both exchange-traded funds - LLII is a Derivative Income fund actively managed by REX, while FEPI is a Technology Equities fund actively managed by REX. Both are actively managed. At a 0.01 correlation, their price movements are largely independent. LLII charges 0.99%/yr vs 0.65%/yr for FEPI.

Performance

LLII vs. FEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX LLY Growth & Income ETF (LLII) and REX FANG & Innovation Equity Premium Income ETF (FEPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LLII achieves a -4.28% return, which is significantly lower than FEPI's 10.42% return.

LLII

• 1D: 1.47%
• 1M: 9.79%
• YTD: -4.28%
• 6M: 0.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FEPI

• 1D: -0.75%
• 1M: 5.91%
• YTD: 10.42%
• 6M: 11.37%
• 1Y: 33.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LLII vs. FEPI - Yearly Performance Comparison

	2026 (YTD)	2025
LLII REX LLY Growth & Income ETF	-4.28%	19.03%
FEPI REX FANG & Innovation Equity Premium Income ETF	10.42%	0.17%

Correlation

The correlation between LLII and FEPI is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.01

Return for Risk

LLII vs. FEPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEPI

FEPI Risk / Return Rank: 54
FEPI Sharpe Ratio Rank: 58
FEPI Sortino Ratio Rank: 54
FEPI Omega Ratio Rank: 58
FEPI Calmar Ratio Rank: 51
FEPI Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LLII vs. FEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX LLY Growth & Income ETF (LLII) and REX FANG & Innovation Equity Premium Income ETF (FEPI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	LLII	FEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	1.16	-0.45

Drawdowns

LLII vs. FEPI - Drawdown Comparison

The maximum LLII drawdown since its inception was -23.96%, roughly equal to the maximum FEPI drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for LLII and FEPI.

Drawdown Indicators

	LLII	FEPI	Difference
Max Drawdown Largest peak-to-trough decline	-23.96%	-23.56%	-0.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.91%	—
Current Drawdown Current decline from peak	-6.88%	-1.45%	-5.43%
Average Drawdown Average peak-to-trough decline	-9.28%	-3.51%	-5.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.84%	—

Volatility

Volatility by Period

	LLII	FEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.42%	16.54%	+19.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.42%	19.02%	+17.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.42%	19.02%	+17.40%

LLII vs. FEPI - Expense Ratio Comparison

LLII has a 0.99% expense ratio, which is higher than FEPI's 0.65% expense ratio.

Dividends

LLII vs. FEPI - Dividend Comparison

LLII's dividend yield for the trailing twelve months is around 25.95%, more than FEPI's 23.92% yield.

Position	TTM	2025	2024	2023
FEPI REX FANG & Innovation Equity Premium Income ETF	23.92%	25.48%	27.18%	4.21%
LLII REX LLY Growth & Income ETF	25.95%	5.13%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LLII and FEPI in my portfolio?

LLII and FEPI have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LLII or FEPI?

On fees, FEPI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LLII or FEPI?

FEPI is cheaper with a 0.65% expense ratio, compared with 0.99% for LLII.

Which ETF pays a higher dividend yield, LLII or FEPI?

LLII has the higher dividend yield at 25.95%, compared with 23.92% for FEPI.

What is the main difference between LLII and FEPI?

LLII is categorized as Derivative Income, while FEPI is Technology Equities. Their fees differ too: 0.99% for LLII and 0.65% for FEPI.