NVII vs. FEPI

Last updated Apr 1, 2026

Compare and contrast key facts about REX NVDA Growth & Income ETF (NVII) and REX FANG & Innovation Equity Premium Income ETF (FEPI).

NVII and FEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVII is an actively managed fund by REX. It was launched on May 27, 2025. FEPI is an actively managed fund by REX. It was launched on Oct 11, 2023.

Performance

NVII vs. FEPI - Performance Comparison

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

NVII vs. FEPI - Yearly Performance Comparison

	2026 (YTD)	2025
NVII REX NVDA Growth & Income ETF	-4.80%	48.28%
FEPI REX FANG & Innovation Equity Premium Income ETF	-7.19%	22.49%

Returns By Period

In the year-to-date period, NVII achieves a -4.80% return, which is significantly higher than FEPI's -7.19% return.

NVII

• 1D: 6.41%
• 1M: 0.12%
• YTD: -4.80%
• 6M: -5.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FEPI

• 1D: 4.04%
• 1M: -2.01%
• YTD: -7.19%
• 6M: -3.83%
• 1Y: 22.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVII vs. FEPI - Expense Ratio Comparison

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

NVII

REX NVDA Growth & Income ETF

FEPI

REX FANG & Innovation Equity Premium Income ETF

Return for Risk

NVII 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: 65
FEPI Sharpe Ratio Rank: 63
FEPI Sortino Ratio Rank: 65
FEPI Omega Ratio Rank: 65
FEPI Calmar Ratio Rank: 72
FEPI Martin Ratio Rank: 61

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.

NVII vs. FEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX NVDA Growth & Income ETF (NVII) 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

	NVII	FEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.48	0.79	+0.69

Correlation

The correlation between NVII and FEPI is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NVII vs. FEPI - Dividend Comparison

NVII's dividend yield for the trailing twelve months is around 47.99%, more than FEPI's 28.60% yield.

	TTM	2025	2024	2023
NVII REX NVDA Growth & Income ETF	47.99%	29.17%	0.00%	0.00%
FEPI REX FANG & Innovation Equity Premium Income ETF	28.60%	25.48%	27.18%	4.21%

Drawdowns

NVII vs. FEPI - Drawdown Comparison

The maximum NVII drawdown since its inception was -18.47%, smaller than the maximum FEPI drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for NVII and FEPI.

Drawdown Indicators

	NVII	FEPI	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-23.56%	+5.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.91%	—
Current Drawdown Current decline from peak	-13.24%	-9.39%	-3.85%
Average Drawdown Average peak-to-trough decline	-5.62%	-3.63%	-1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.04%	—

Volatility

Volatility by Period

	NVII	FEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.50%	21.92%	+12.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.50%	19.39%	+15.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.50%	19.39%	+15.11%