SCHY vs. FEPI

Last updated Jun 16, 2026

SCHY (Schwab International Dividend Equity ETF) and FEPI (REX FANG & Innovation Equity Premium Income ETF) are both exchange-traded funds - SCHY is a Dividend fund tracking the Dow Jones International Dividend 100 Index, while FEPI is a Derivative Income fund actively managed by REX. SCHY is passively managed, while FEPI is actively managed. Over the past year, SCHY returned 23.12% vs 29.40% for FEPI. At a 0.31 correlation, their price movements are largely independent. SCHY charges 0.08%/yr vs 0.65%/yr for FEPI.

Performance

SCHY vs. FEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab International Dividend Equity ETF (SCHY) 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, SCHY achieves a 9.87% return, which is significantly higher than FEPI's 8.42% return.

SCHY

• 1D: -0.52%
• 1M: 1.78%
• YTD: 9.87%
• 6M: 10.53%
• 1Y: 23.12%
• 3Y*: 14.83%
• 5Y*: 8.24%
• 10Y*: —

FEPI

• 1D: 2.85%
• 1M: 1.58%
• YTD: 8.42%
• 6M: 10.88%
• 1Y: 29.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCHY vs. FEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCHY Schwab International Dividend Equity ETF	9.87%	33.98%	-1.79%	9.67%
FEPI REX FANG & Innovation Equity Premium Income ETF	8.42%	18.33%	15.69%	11.75%

Correlation

The correlation between SCHY and FEPI is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Oct 11, 2023	0.31

SCHY vs. FEPI - Sectors Allocation Comparison

Sectors	SCHY	FEPI
Financial Services	15.9%	-
Communication Services	15.0%	19.6%
Consumer Defensive	14.4%	-
Industrials	13.0%	-
Energy	9.6%	-
Consumer Cyclical	7.8%	12.4%
Healthcare	7.4%	-
Utilities	6.8%	-
Basic Materials	5.8%	-
Technology	3.6%	65.5%
Real Estate	0.8%	-

Return for Risk

SCHY vs. FEPI — Risk / Return Rank

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

SCHY

SCHY Risk / Return Rank: 61
SCHY Sharpe Ratio Rank: 66
SCHY Sortino Ratio Rank: 65
SCHY Omega Ratio Rank: 64
SCHY Calmar Ratio Rank: 57
SCHY Martin Ratio Rank: 51

FEPI

FEPI Risk / Return Rank: 53
FEPI Sharpe Ratio Rank: 56
FEPI Sortino Ratio Rank: 51
FEPI Omega Ratio Rank: 56
FEPI Calmar Ratio Rank: 51
FEPI Martin Ratio Rank: 49

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.

SCHY vs. FEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) 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.

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.

	SCHY	FEPI	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.71	+0.23
Sortino ratio: Return per unit of downside risk	2.67	2.28	+0.39
Omega ratio: Gain probability vs. loss probability	1.34	1.31	+0.03
Calmar ratio: Return relative to maximum drawdown	2.55	2.29	+0.26
Martin ratio: Return relative to average drawdown	7.89	7.48	+0.41

SCHY vs. FEPI - Sharpe Ratio Comparison

The current SCHY Sharpe Ratio is 1.94, which is comparable to the FEPI Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of SCHY and FEPI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCHY vs. FEPI - Drawdown Comparison

The maximum SCHY drawdown since its inception was -24.04%, roughly equal to the maximum FEPI drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for SCHY and FEPI.

Drawdown Indicators

	SCHY	FEPI	Difference
Max Drawdown Largest peak-to-trough decline	-24.04%	-23.56%	-0.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-12.91%	+3.80%
Max Drawdown (3Y) Largest decline over 3 years	-12.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.04%	—	—
Current Drawdown Current decline from peak	-3.44%	-3.24%	-0.20%
Average Drawdown Average peak-to-trough decline	-4.97%	-3.51%	-1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	3.94%	-1.00%

Volatility

SCHY vs. FEPI - Volatility Comparison

The current volatility for Schwab International Dividend Equity ETF (SCHY) is 3.42%, while REX FANG & Innovation Equity Premium Income ETF (FEPI) has a volatility of 6.42%. This indicates that SCHY experiences smaller price fluctuations and is considered to be less risky than FEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHY	FEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	6.42%	-3.00%
Volatility (6M) Calculated over the trailing 6-month period	9.97%	13.68%	-3.71%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	17.31%	-5.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.28%	19.19%	-5.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.23%	19.19%	-5.96%

SCHY vs. FEPI - Expense Ratio Comparison

SCHY has a 0.08% expense ratio, which is lower than FEPI's 0.65% expense ratio.

Dividends

SCHY vs. FEPI - Dividend Comparison

SCHY's dividend yield for the trailing twelve months is around 3.38%, less than FEPI's 24.96% yield.

Position	TTM	2025	2024	2023	2022	2021
FEPI REX FANG & Innovation Equity Premium Income ETF	24.96%	25.48%	27.18%	4.21%	0.00%	0.00%
SCHY Schwab International Dividend Equity ETF	3.38%	3.55%	4.64%	3.97%	3.67%	1.73%

Frequently Asked Questions

Can I hold both SCHY and FEPI in my portfolio?

SCHY and FEPI have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHY or FEPI?

FEPI has higher volatility (6.42%) compared to SCHY (3.42%). In terms of maximum drawdown, SCHY dropped -24.04% vs FEPI's -23.56%.

Which ETF is better, SCHY or FEPI?

On 1-year performance, FEPI leads with 29.40% vs 23.12% for SCHY. On fees, SCHY is cheaper at 0.08% per year. On volatility, SCHY has been the lower-risk option at 3.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHY or FEPI?

Over the 1-year period, FEPI has performed better with a 29.40% return vs 23.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHY or FEPI?

SCHY is cheaper with a 0.08% expense ratio, compared with 0.65% for FEPI.

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

FEPI has the higher dividend yield at 24.96%, compared with 3.38% for SCHY.

What is the main difference between SCHY and FEPI?

SCHY is categorized as Dividend, while FEPI is Derivative Income. They also come from different issuers: Charles Schwab and REX. Their fees differ too: 0.08% for SCHY and 0.65% for FEPI.

Which has better risk-adjusted returns?

SCHY currently has the higher Sharpe Ratio (1.94 vs 1.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.