FEPI ETF Weaknesses Exposed by CFA I'm a chartered financial analyst and investment professional, and I would never let anyone I care about invest in FEPI. Here's why. In a single sentence, FEPI, aka the REX FANG & Innovation Equity Premium Income ETF, offers an incredibly unattractive risk-reward profile that will likely one day end in tears for its investors. Allow me to explain. It's no secret why investors are attracted to it. Right now, it's showing a 25% yield, and at the bottom, you can see it says it gives you big tech exposure, income generation, a whole lot of it, and a potential downside buffer. Well, who wouldn't want to capture all the upside tech has been having, with protection on the downside, and a 25% yield, right? There's just one problem. When you dive into how it works in real life, it's not nearly as good as it sounds.

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