FEPI Total Return Analyzer
See full FEPI analysis →REX FANG & Innovation Equity Premium Income ETF — See your real returns after distributions and NAV changes. Real yield: 28.5% (headline: 26.9%).
FEPI DRIP calculator
Compound FEPI's 28.5% real yield
Pre-filled with live FEPI data. Model 1, 5, or 10-year DRIP returns with after-tax math, adjustable yield assumptions, and Bull/Base/Bear scenarios.
What does the FEPI total return include?
FEPI total return combines two components: the cumulative distributions you received from FEPI over the holding period, and the change in NAV (share price) across the same window. Many high-yield funds advertise distribution rates that look spectacular in isolation but mask meaningful NAV erosion. The analyzer above shows exactly how much of your FEPI return came from distributions versus price change — a 50% annualized distribution rate paired with a 30% NAV decline is a very different investment than a 50% distribution with flat NAV.
REX FANG & Innovation Equity Premium Income ETF (FEPI) is issued by REX Shares. Owns the 15 largest U.S. big-tech and innovation names (the Solactive FANG Innovation Index — FAANG plus Nvidia, AMD, Tesla and peers) and writes covered calls against them for income. Monthly distributions, forward yield ~26%, expense ratio 0.65%. Concentrated, high-yield tech covered-call play — trades meaningful tech upside for outsized current income. That strategy directly shapes the gap between headline yield and real yield: option-premium and covered-call funds tend to show large gaps, while traditional dividend ETFs and index funds usually show small ones.
For the detail behind each payment, see the FEPI dividend history. To project how future FEPI distributions compound under DRIP, open the FEPI dividend calculator.