RWAY vs. FEPG.L

Last updated Jul 21, 2026

RWAY (Runway Growth Finance Corp.) is a stock, while FEPG.L (REX Tech Innovation Premium Income UCITS ETF) is Derivative Income fund actively managed by HANetf. At a 0.12 correlation, their price movements are largely independent.

Performance

RWAY vs. FEPG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Runway Growth Finance Corp. (RWAY) and REX Tech Innovation Premium Income UCITS ETF (FEPG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RWAY achieves a -30.64% return, which is significantly lower than FEPG.L's -3.44% return.

RWAY

• 1D: 0.18%
• 1M: 1.26%
• 6M: -34.04%
• YTD: -30.64%
• 1Y: -40.66%
• 3Y*: -10.55%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -3.66%

FEPG.L

• 1D: 0.00%
• 1M: -5.73%
• 6M: 0.07%
• YTD: -3.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

RWAY vs. FEPG.L - Yearly Performance Comparison

	2026 (YTD)	2025
RWAY Runway Growth Finance Corp.	-30.64%	-13.52%
FEPG.L REX Tech Innovation Premium Income UCITS ETF	-3.44%	8.72%

Correlation

The correlation between RWAY and FEPG.L is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 28, 2025	0.12

Return for Risk

RWAY vs. FEPG.L — Risk / Return Rank

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

RWAY

RWAY Risk / Return Rank: 3
RWAY Sharpe Ratio Rank: 1
RWAY Sortino Ratio Rank: 2
RWAY Omega Ratio Rank: 3
RWAY Calmar Ratio Rank: 8
RWAY Martin Ratio Rank: 3

FEPG.L

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

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.

RWAY vs. FEPG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Runway Growth Finance Corp. (RWAY) and REX Tech Innovation Premium Income UCITS ETF (FEPG.L). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RWAY	FEPG.L	Difference
Sharpe ratio: Return per unit of total volatility	-1.43	—	—
Sortino ratio: Return per unit of downside risk	-2.22	—	—
Omega ratio: Gain probability vs. loss probability	0.74	—	—
Calmar ratio: Return relative to maximum drawdown	-0.90	—	—
Martin ratio: Return relative to average drawdown	-1.72	—	—

Drawdowns

RWAY vs. FEPG.L - Drawdown Comparison

The maximum RWAY drawdown since its inception was -45.35%, which is greater than FEPG.L's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for RWAY and FEPG.L.

Drawdown Indicators

	RWAY	FEPG.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.35%	-35.75%	-9.60%
Max Drawdown (1Y) Largest decline over 1 year	-45.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-45.35%	—	—
Current Drawdown Current decline from peak	-41.40%	-28.16%	-13.24%
Average Drawdown Average peak-to-trough decline	-11.41%	-20.83%	+9.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.73%	—	—

Volatility

Volatility by Period

	RWAY	FEPG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.52%	45.69%	-17.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.99%	45.69%	-16.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.99%	45.69%	-16.70%

Dividends

RWAY vs. FEPG.L - Dividend Comparison

RWAY's dividend yield for the trailing twelve months is around 23.94%, less than FEPG.L's 27.80% yield.

Position	TTM	2025	2024	2023	2022	2021
FEPG.L REX Tech Innovation Premium Income UCITS ETF	27.80%	11.50%	0.00%	0.00%	0.00%	0.00%
RWAY Runway Growth Finance Corp.	23.94%	15.68%	16.33%	14.34%	10.87%	1.95%

Frequently Asked Questions

Can I hold both RWAY and FEPG.L in my portfolio?

RWAY and FEPG.L have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.