XDTE vs FEPI: Income Fund Comparison
Roundhill S&P 500 0DTE Covered Call Strategy ETF - US (XDTE) and REX FANG & Innovation Equity Premium Income ETF - US (FEPI) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: XDTE individual review · FEPI individual review
XDTE: XDTE's gross expense ratio of 0.97% is slightly above average for similar ETFs - reflecting the active management and complexity of the 0DTE options strategy. FEPI: Total expense ratio is 0.65%. XDTE the fund launched March 7 2024 so it is still relatively new. FEPI inception date was October 11 2023. As of March 6 2026 the fund is approximately 2 years and 4 months old. Full Dependability and Return scores for both funds are available in the app.
| XDTE | FEPI | |
|---|---|---|
| Fund Name | Roundhill S&P 500 0DTE Covered Call Strategy ETF - US | REX FANG & Innovation Equity Premium Income ETF - US |
| Fund Type | Index Based Fund | Sector Based Fund - Information Technology |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2025-07-10 | 2026-03-06 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: XDTE vs FEPI 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
XDTE's gross expense ratio of 0.97% is slightly above average for similar ETFs - reflecting the active management and complexity of the 0DTE options strategy.
Total expense ratio is 0.65%.
As of June 2025 - Roundhill has over $5 billion in AUM across all funds.
Over $10 billion in assets under management for Rex Financial.
The fund launched March 7 2024 so it is still relatively new.
Inception date was October 11 2023. As of March 6 2026 the fund is approximately 2 years and 4 months old.
Approximately $400 million in the fund as of July 2025.
Fund AUM is approximately $591.6 million as of March 4 2026.
Risk: XDTE vs FEPI 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
slightly lower volatility than the S&P 500.
Beta is 1.12 vs SPY over the available price series (October 2023 to March 2026). Standalone annualized volatility is 21.39% (weekly total returns). Both measures score 3.
See the full Risk analysis for both XDTE and FEPI — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: XDTE vs FEPI 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Pays weekly distributions.
Fund pays monthly distributions.
See the full Return analysis for both XDTE and FEPI — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both XDTE and FEPI are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: XDTE vs FEPI
Which has a lower expense ratio, XDTE or FEPI?
XDTE: XDTE's gross expense ratio of 0.97% is slightly above average for similar ETFs - reflecting the active management and complexity of the 0DTE options strategy.
FEPI: Total expense ratio is 0.65%.
Which fund has more assets under management, XDTE or FEPI?
XDTE: Approximately $400 million in the fund as of July 2025.
FEPI: Fund AUM is approximately $591.6 million as of March 4 2026.
Which fund has been trading longer, XDTE or FEPI?
XDTE: The fund launched March 7 2024 so it is still relatively new.
FEPI: Inception date was October 11 2023. As of March 6 2026 the fund is approximately 2 years and 4 months old.
Who manages XDTE vs FEPI?
XDTE: As of June 2025 - Roundhill has over $5 billion in AUM across all funds.
FEPI: Over $10 billion in assets under management for Rex Financial.
Where can I see the full XDTE vs FEPI comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
What is the difference between XDTE and FEPI?
Roundhill S&P 500 0DTE Covered Call Strategy ETF - US is a Index Based Fund. XDTE's gross expense ratio of 0.97% is slightly above average for similar ETFs - reflecting the active management and complexity of the 0DTE options strategy. REX FANG & Innovation Equity Premium Income ETF - US is a Sector Based Fund - Information Technology. Total expense ratio is 0.65%. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, XDTE or FEPI?
XDTE: XDTE's gross expense ratio of 0.97% is slightly above average for similar ETFs - reflecting the active management and complexity of the 0DTE options strategy. The fund launched March 7 2024 so it is still relatively new. FEPI: Total expense ratio is 0.65%. Inception date was October 11 2023. As of March 6 2026 the fund is approximately 2 years and 4 months old. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do XDTE and FEPI pay monthly distributions?
XDTE: Pays weekly distributions. FEPI: Fund pays monthly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full XDTE vs FEPI Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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