FEPI writes calls against a concentrated portfolio of technology and innovation stocks. QDTE combines Nasdaq-100 exposure with calls that expire the day they are sold. Different holdings and option timing can produce different return paths.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
FEPI has lagged QDTE over the trailing twelve months, posting a 15.86% total return against 22.67%. Measured from Mar 2024 — the start of shared available history — QDTE has compounded at 20.84% a year versus 15.52% for FEPI. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 30, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Mar 2024” measures every fund from March 7, 2024 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate, SEC yield and return of capital
Metric
FEPI
QDTE
Forward distribution rate
25.17%
19.75%
Trailing 12-month yield
24.55%
44.08%
30-day SEC yield
-0.32%
—
Return of capital
100.00%
100.00%
Total return (price change plus reinvested distributions) is the Total returns section above. Return of capital is the share of a recent distribution that was not income. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
Total return against the stated underlying is on QDTE vs QQQ.
Side-by-side snapshot
Side-by-side snapshot. Each row is one metric;
each column is one fund.
Targets income by selling covered calls on an actively managed basket of FANG and innovation
focused equities while maintaining growth exposure.
Seeks weekly income by investing at least 80% of net assets in instruments that provide exposure to the Nasdaq-100 Index and writing zero-days-to-expiration (0DTE) call options against that exposure.
Bottom lineChoose FEPI if you want individual-stock covered calls and accept concentrated equity risk. Choose QDTE if you want Nasdaq-100 same-day calls and accept option-path and equity risk. No. FEPI's individual-stock calls and QDTE's same-day index calls cover different exposures. Both exchange some upside participation for option premium while retaining downside risk. Compare total return over the same dates and distribution composition, rather than annualizing one payment as an expected return.
FEPI vs QDTE: Stock Covered Calls or Nasdaq 0DTE?
FEPI writes calls against a concentrated portfolio of technology and innovation stocks. QDTE combines Nasdaq-100 exposure with calls that expire the day they are sold. Different holdings and option timing can produce different return paths.
FEPI
QDTE
Approach
Concentrated technology and innovation stocks
Nasdaq-100 exposure
Risk review
Stock concentration and capped upside
Intraday option path and index losses
Expense ratio
0.65%
0.96%
Portfolio fit
Review combined holdings and weights
Review combined holdings and weights
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Capped upside and premium dependence. FEPI and QDTE generate income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
REX Shares is known for specializing in options-based and thematic ETF strategies, offering 23 funds organized across distinct families including Covered Call, IncomeMax Option Strategy, and MicroSectors products. The fund lineup emphasizes income generation through option strategies and sector-specific exposure, with holdings spanning technology, commodities, and alternative assets. REX Shares targets investors seeking non-traditional income approaches and concentrated sector bets, positioning itself in a niche segment focused on structured strategies rather than broad market indexing.
See our curated list of related YouTube videos on FEPI.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Roundhill Investments is known for offering innovative, specialized ETFs that often feature weekly dividend distributions and exposure to trending themes and individual mega-cap stocks. Their lineup spans income-focused strategies, leveraged products, thematic investments in areas like cryptocurrency and artificial intelligence, and weekly-pay funds that appeal to investors seeking frequent distributions. The issuer has built a distinctive niche with products targeting both traditional income seekers and those interested in emerging sectors, offering a diverse range of tickers that go well beyond conventional dividend vehicles.
See our curated list of related YouTube videos on QDTE.
FEPI writes calls against a concentrated portfolio of technology and innovation stocks. QDTE combines Nasdaq-100 exposure with calls that expire the day they are sold. Different holdings and option timing can produce different return paths.
No. FEPI's individual-stock calls and QDTE's same-day index calls cover different exposures. Both exchange some upside participation for option premium while retaining downside risk. Compare total return over the same dates and distribution composition, rather than annualizing one payment as an expected return.
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On a $10,000 investment, FEPI would generate roughly $48.40 cash per distribution, while QDTE would produce $37.98 cash per distribution, at current distribution rates. Both pay weekly distributions.
FEPI yield25.17%
QDTE yield19.75%
Cash diff on $10K$10.42
Cost & efficiency
Over 10 years on $10,000, FEPI would cost approximately $650 in fees vs $960 for QDTE (simplified, not compounded). The $310.00 difference may be offset by yield or performance.
FEPI ER0.65%
QDTE ER0.96%
Strategy & risk
FEPI writes calls against a concentrated portfolio of technology and innovation stocks. QDTE combines Nasdaq-100 exposure with calls that expire the day they are sold. Different holdings and option timing can produce different return paths. Beta describes historical benchmark sensitivity, not guaranteed downside protection.
FEPI beta1.1684
QDTE beta1.1903
Fund details
FEPI is managed by REX Shares (launched 10/11/2023) with $727M in assets. QDTE is managed by Roundhill Investments (launched 03/07/2024) with $983M in assets.
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Frequently asked questions
Are FEPI and QDTE interchangeable because they distribute income?
No. FEPI's individual-stock calls and QDTE's same-day index calls cover different exposures. Both exchange some upside participation for option premium while retaining downside risk. Compare total return over the same dates and distribution composition, rather than annualizing one payment as an expected return.
How should I compare risk and ownership costs?
Use matching dates and definitions for returns, distributions, and fees. Beta describes historical benchmark sensitivity, not guaranteed downside protection. Check current bid-ask spreads and premiums or discounts; AUM alone does not determine the price available for your order.
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