REX FANG & Innovation Equity Premium Income ETF (FEPI) Historical Volatility

Tracking FEPI historical volatility helps you see how much REX FANG & Innovation Equity Premium Income ETF's stock price has actually moved over past periods, giving you a baseline to judge whether current option premiums are fair, cheap, or expensive. While implied volatility tells you what the market expects, REX FANG & Innovation Equity Premium Income ETF's HV tells you what really happened. Use our scanner to monitor FEPI 30 day historical volatility alongside longer lookback windows and spot the moments when realized and implied diverge.

Historical volatility is the annualized standard deviation of an underlying's past returns, typically measured over rolling windows like 10, 20, 30, or 60 days. The FEPI 30 day historical volatility is one of the most widely watched readings because it balances responsiveness with stability. Comparing REX FANG & Innovation Equity Premium Income ETF's HV to its implied volatility reveals the volatility risk premium — when IV sits well above HV, option sellers tend to have an edge; when HV runs hot relative to IV, buyers may be underpaying for movement.

FEPI employs a covered call strategy, aiming for a balance between generating income and participating in potential gains within the technology sector. Specifically, the fund holds the stocks of its benchmark, the Solactive FANG Innovation Index, and writes slightly out-of-the-money call options on them. This approach capitalizes on the volatility of big-tech firms that is reflected in the option premiums, while limiting some of the potential stock gains. It also provides a small buffer against declines in stock prices. Note that the buffer is limited to the options premiums and may not fully offset underlying security losses.

The benchmark is an equal-weighted index comprised of 15 US technology companies, eight of which are core holdings: Apple, Alphabet, Amazon, Meta, Microsoft, Netflix, Nvidia, and Tesla. The remaining seven are selected based on quarterly trading volumes from various Factset technology-related industries.

Sizing a long premium trade, modeling a covered call, or hunting volatility arbitrage all come back to one question: how much has the stock actually moved? Our scanner puts REX FANG & Innovation Equity Premium Income ETF's historical volatility side-by-side with implied readings across every lookback window, so you can see exactly where FEPI HV is running hot, cold, or in line. Make the FEPI 30 day historical volatility — and every other window — work for your edge instead of against it.