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FEPI
-1.59 · -6.24%
£23.89 · LSE
Rex Tech Innovation Premium Inc | Sector Equity Technology
HANetf Management Limited · UK
AUM:$0
#– of – in Sector Equity Technology ETFs
ℹ️
Reward Rating
25
Weak
Weak reward profile
ℹ️
Risk Rating
77
High
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

FEPI returned +0.0% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 0.65% — moderate cost. Consider how fees compound over long holding periods.

What is FEPI?

Rex Tech Innovation Premium Inc tracks Morningstar Gbl Tech NR USD, providing diversified exposure across 20 holdings. Its ongoing charge is 0.65%.

Performance Highlights

Investment Breakdown

Modest 1-Year Return
FEPI returned 0.0% over the past year.
Moderate Cost
Ongoing charge of 0.65%. Consider how fees compound over a long holding period.
Concentrated Holdings
Top 10 holdings account for 60.9% of the ETF — significant weight in a small number of names.

Openbook Analysis

Performance: Weak (25)

The scoring profile reflects subdued historical performance over the measured period. The ongoing charge of 0.65% should be considered against long-term return expectations. Risk indicators are high, reflecting meaningful price sensitivity (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM$0
Ongoing Charge0.65%
Dividend Yield0.00%
Holdings20
Inception DateJul 2025
Domicile–
Distribution–
IndexMorningstar Gbl Tech NR USD
ProviderHANetf Management Limited
Beta–
CategorySector Equity Technology
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified
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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-5.1%
1Y
-6.1%
3Y
-6.1%
5Y
-6.1%
OpenBook InsightIf you had invested £10,000 in FEPI 5 years ago, it would have fallen to £9,389 — a loss of £611.

Annual Returns

Calendar year performance

FEPI delivered positive returns in 0 of the last 2 calendar years.
YearFEPI
2026 YTD-1.3%
2025-2.6%
0/2 positive yearsAvg return: -2.0%Worst year: -2.6% (2025)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
15.1%
Low
Momentum
+8.6%
30-day change
Support Level
22.84
Key floor
Key Insights
  • Monitor key support and resistance levels as part of broader risk assessment.

Reward Rating Breakdown

Our reward rating analyses FEPI's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
25
Weak REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
0/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
—
No Data
3Y Return
—
No Data
5Y Return
—
No Data
10Y Return
—
No Data
Sharpe Ratio
—
No Data

Insufficient performance data available.

💰 Cost Efficiency

Weight: 30%
30/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
0.65%
Very Weak
Net Expense Ratio
—
No Data
Annual Turnover
—
No Data
Tracking Difference
—
No Data

Higher-than-average cost profile: ongoing charge of 0.65%.

💵 Income

Weight: 15%
Not applicable

This is an accumulating ETF. It reinvests distributions inside the fund rather than paying cash to unit-holders, so income metrics don't apply. Reward is scored on the other three factors with the 15% income weight redistributed proportionally.

🌐 Diversification Quality

Weight: 25%
19/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
20
Very Weak
Top 10 Concentration
60.94%
Very Weak
Top Sector
Technology69.4%
Very Weak
Top Region
North America100.0%
Very Weak

Heavily concentrated — returns will be driven by a narrow slice of the market: 20 holdings, top 10 at 60.9%, Technology sector at 69.4%, North America at 100.0%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses FEPI using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
77
High RISK
Data Coverage: 58%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
64/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
60.94%
Elevated
Largest Holding
8.73%
Moderate
Number of Holdings
20
High Risk
HHI (weight²)
410
Lower Risk

Moderate holdings concentration: top 10 holdings at 60.9%, largest single position at 8.73%, 20 total holdings.

🌍 Market Exposure

Weight: 25%
90/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
North America100.0%
High Risk
Top Sector
Technology69.4%
High Risk
Top 2 Sectors
86.99%
High Risk
Cyclical Sectors
0.00%
Low Risk

High market-exposure risk — returns closely track a narrow slice of the market: North America at 100.0%, Technology sector at 69.4%.

📊 Volatility

Weight: 35%
0/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
—
No Data
Beta
—
No Data
Max Drawdown
—
No Data

Insufficient volatility data available.

💵 Income Reliability

Weight: 15%
Not applicable

This is an accumulating ETF. Distributions are reinvested inside the fund, so there's no dividend-reliability risk to assess. The 15% income weight is redistributed to the other three factors.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
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