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REX FANG & Innovation Equity Premium Income ETF (FEPI)

Derivative Income | Exchange Traded Fund | NasdaqGM
43.19 USD -0.18 (-0.415%) ⇩ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 18, 2026, 11:29 p.m. EDT

FEPI offers a compelling 28% yield backed by consistent dividend hikes, making it optimal for income replacement despite a weak long-term cap structure. Short-term tactical buyers are positioning calls above the 44 resistance while hedging puts below 42, creating a tight range-bound setup ideal for selling.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.043369
MSTL0.043760
AutoTheta0.050789
AutoARIMA0.064306

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 75%
H-stat 1.09
Ljung-Box p 0.000
Jarque-Bera p 0.616
Excess Kurtosis 0.69
Attribute Value
Trailing P/E 35.81

As of April 18, 2026, 11:29 p.m. EDT: Short-term (1/2/5-week) strikes show pronounced Put OI and high IV concentrations between 40.0 and 43.0, suggesting a strong defense level as traders hedge downside risk near recent lows. Long-dated (7/10-week) data reveals a skew toward Call OI at strikes 44.0/45.0+ with elevated IV, indicating a bullish bias for month-end price discovery despite the short-term Defensive positioning.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.13% 28.82%
Dividend History
Date Dividend Yield %
2026-03-25 0.868 2.131631
2026-02-25 0.883 2.152562
2026-01-28 0.955 2.234547
2025-12-24 0.984 2.280183
2025-11-25 0.959 2.335916
2025-10-29 1.041 2.377692
2025-09-24 0.997 2.434075
2025-08-27 0.975 2.482052
2025-07-23 0.971 2.527629
2025-06-25 0.962 2.584613
2025-05-28 0.926 2.653696
2025-04-23 0.824 2.628282
2025-03-26 0.944 2.818597
2025-02-26 0.981 2.803694
2025-01-29 1.046 2.896531
2024-12-24 1.083 2.911752
2024-11-26 1.097 3.000859
2024-10-24 1.078 3.046537
2024-09-26 1.092 3.124560
2024-08-27 1.079 3.204825
2024-07-26 1.089 3.239634
2024-06-25 1.150 3.309502
2024-05-23 1.161 3.424664
2024-04-23 1.093 3.429447
2024-03-26 1.189 3.565502
2024-02-26 1.186 3.620258
2024-01-24 1.195 3.688068
2023-12-26 1.178 3.780021
2023-11-27 1.150 3.856571
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 28.58

Info Dump

Attribute Value
All Time High 57.29
All Time Low 35.44
Ask 46.69
Ask Size 2
Average Daily Volume10 Day 184,070
Average Daily Volume3 Month 189,362
Average Volume 189,362
Average Volume10Days 184,070
Beta3 Year 0.0
Bid 43.06
Bid Size 2
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 43.4
Day Low 42.8501
Dividend Yield 28.58
Eps Trailing Twelve Months 1.205968
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 41.62136
Fifty Day Average Change 1.5686378
Fifty Day Average Change Percent 0.03768829
Fifty Two Week Change Percent 10.038221
Fifty Two Week High 49.68
Fifty Two Week High Change -6.4900017
Fifty Two Week High Change Percent -0.13063611
Fifty Two Week Low 37.9
Fifty Two Week Low Change 5.289997
Fifty Two Week Low Change Percent 0.13957776
Fifty Two Week Range 37.9 - 49.68
First Trade Date Milliseconds 1,697,031,000,000
Full Exchange Name NasdaqGM
Fund Family REX Advisers, LLC
Fund Inception Date 1,696,982,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,023-10-11
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange-traded fund (“ETF”) that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the securities of the companies comprising the Solactive FANG Innovation Index. The fund advisor seeks to employ the fund's investment strategy regardless of whether there are periods of adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. It is non-diversified.
Long Name REX FANG & Innovation Equity Premium Income ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1843173608
Nav Price 43.19
Net Assets 580,477,890.0
Net Expense Ratio 0.65
Open 43.38
Pre Market Change 0.2800026
Pre Market Change Percent 0.6483042
Pre Market Price 43.47
Pre Market Time 1,776,771,341
Previous Close 43.37
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.18
Regular Market Change Percent -0.415034
Regular Market Day High 43.4
Regular Market Day Low 42.8501
Regular Market Day Range 42.8501 - 43.4
Regular Market Open 43.38
Regular Market Previous Close 43.37
Regular Market Price 43.19
Regular Market Time 1,776,715,201
Regular Market Volume 236,447
Short Name REX FANG & Innovation Equity Pr
Source Interval 15
Symbol FEPI
Total Assets 580,477,888
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 35.813553
Trailing Peg Ratio None
Trailing Three Month Nav Returns -7.04089
Trailing Three Month Returns -7.04089
Triggerable 1
Two Hundred Day Average 45.06698
Two Hundred Day Average Change -1.8769798
Two Hundred Day Average Change Percent -0.04164867
Type Disp ETF
Volume 236,447
Yield 0.2858
Ytd Return -7.04089