CEPI vs FELC
REX Crypto Equity Premium Income ETF vs Fidelity Enhanced Large Cap Core ETF
Which is better, CEPI or FELC?
FELC has been ahead.
FELC has a lower expense ratio. FELC led over 1Y and the full window. FELC is less concentrated, with 39.4% of the fund in its ten largest positions against 54.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CEPI | FELC |
|---|---|---|
| Expense Ratio | 0.85% | 0.18%Best |
| AUM | $109M | $8.7B |
| Dividend Yield | 48.28% | 0.85% |
| Holdings | 205 | 622 |
| YTD Return | +9.53% | +12.88%Best |
| 1Y Return | +5.18% | +13.52%Best |
| 3Y Return (annualized) | - | +20.75% |
| Volatility (annualized) | 26.1% | 12.3%Best |
| Max Drawdown | -28.9% | -18.6%Best |
| $10,000 over 1.9 years | $11,658 | $12,724Best |
| Top 10 Weight | 54.3% | 39.4%Best |
| Fund Family | REX Shares | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 4, 2024 | Nov 20, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 4, 2024 to Nov 11, 2026 (1.9 years).
CEPI vs FELC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
CEPI vs FELC Performance
REX Crypto Equity Premium Income ETF (CEPI) is an ETF from REX Shares and Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US). Over the past year CEPI returned +5.18% while FELC returned +13.52%. Year to date, CEPI is up 9.53% versus a gain of 12.88% for FELC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CEPI has been the more volatile fund, with annualized monthly volatility of 26.1% compared with 12.3% for FELC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -28.9% for CEPI and -18.6% for FELC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CEPI charges 0.85% per year while FELC charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, CEPI currently yields 48.28% against 0.85% for FELC.
Holdings Overlap
42.6% of CEPI's money is in holdings FELC also owns. 14.6% of FELC's money is in holdings CEPI also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 26 positions we hold weights for in CEPI and 306 in FELC, against full books of 205 and 622.
What only one of them owns
Our book lists 202 positions for FELC that do not appear in our book for CEPI (85.3% of the fund), and 15 for CEPI that do not appear in FELC (51.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CEPI | Weight in FELC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.14% | 8.15% | 3.01% |
| MAMastercard Inc | 6.19% | 1.09% | 5.10% |
| VVisa Inc Class A | 6.19% | 1.03% | 5.16% |
| TSLATesla Inc | 5.51% | 0.99% | 4.52% |
| MUMicron Technology, Inc. | 4.67% | 1.70% | 2.97% |
| AMDAdvanced Micro Devices Inc | 4.70% | 0.84% | 3.86% |
| APLDApplied Digital Corp | 4.20% | 0.00% | 4.20% |
| FIFiserv, Inc. (United States) | 3.34% | 0.32% | 3.02% |
| SQBlock, Inc | 2.69% | 0.49% | 2.20% |
42.6% of CEPI is already inside FELC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, CEPI or FELC?
CEPI has an expense ratio of 0.85% while FELC charges 0.18%. FELC is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, CEPI or FELC?
Over the past year CEPI returned +5.18% vs +13.52% for FELC, so FELC leads on 1-year performance. Over the longest common window we track (2 years), CEPI annualized +8.41% vs +13.52% for FELC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CEPI or FELC?
CEPI has been the more volatile fund at 26.1% annualized versus 12.3% for FELC. Worst drawdown: CEPI -28.9% vs FELC -18.6%.
Should I hold both CEPI and FELC?
CEPI and FELC have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CEPI and FELC?
42.6% of CEPI's money is in holdings FELC also owns. 14.6% of FELC's is in holdings CEPI also owns. They hold 9 positions in common, counted across the 26 positions we hold weights for in CEPI and 306 in FELC.
Which pays a higher dividend, CEPI or FELC?
CEPI yields 48.28% while FELC yields 0.85%, so CEPI currently pays the higher dividend yield.
Is FELC better than CEPI?
FELC has a lower expense ratio. FELC led over 1Y and the full window. FELC is less concentrated, with 39.4% of the fund in its ten largest positions against 54.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.