XNAS · Active · options-income

REX Crypto Equity Premium Income ETF

REX Advisers, LLC

Weighted score · 3.10 / 5

AUM

assets under mgmt

Avg Volume

shares · daily

Distribution

Monthly · 100% ROC

Expense Ratio

0.85% gross

1Y Return

vs underlying

Sharpe

Max DD -29.5%

Capital appreciation and current income..

The Fund invests at least 80% of its net assets in equity securities of companies comprising the BITA Crypto Assets & Digital Payments Index, which tracks 25 US-listed companies engaged in crypto-related activities such as mining, trading, custody, blockchain technology, and digital payments. It is an actively managed ETF that simultaneously writes covered call options on approximately 100% of each portfolio security to generate income from option premiums. The covered call strategy limits upside participation above the strike price of written options while maintaining full downside exposure to the underlying stocks. The Fund uses out-of-the-money call options with terms of 30 days or less, including both standardized exchange-traded options and FLEX Options.

The Fund writes covered call options on approximately 100% of its holdings in each portfolio security, using out-of-the-money calls with terms of 30 days or less to generate premium income. Both standardized exchange-traded options and FLEX Options may be used. The strategy caps upside participation above the strike price while leaving the Fund fully exposed to downside losses in the underlying securities.

NAV HISTORY · JUN '25 – JUN '26

Max DD

Volatility

Sharpe

Sortino

Calmar

Beta

Share of each distribution you’d need to reinvest just to hold NAV flat. Higher means more of the yield is your own capital coming back.

Composition · Recent Distribution

Tax Treatment — Ordinary Income

ORDINARY INCOME

Distribution Composition (Recent)

ROC is not free money — it lowers your cost basis. When shares are sold, capital gains are computed against the lower basis.

Composition · Narrative

The May 28, 2026 distribution of $0.2784 per share is estimated to consist entirely of Return of Capital (100%), with no net investment income or capital gains components. On a fiscal year-to-date basis, 100% of the $7.3396 cumulative distributions are also classified as Return of Capital.

Distribution Growth by Lookback Period

Sector Mix · Tilt vs S&P 500

Price vs. Moving Averages

Bullish — 50-DMA above 200-DMA

Price $35.08 is above the 200-day SMA ($29.98); 50-day SMA $32.51. The 50-day SMA sits above the 200-day — an established uptrend, no recent crossover. Moving-average signals are a timing aid, not a recommendation — weigh them against the distribution profile and framework score.

Liquidity

Estimated bid/ask spread ~0.41% (wide). Average daily dollar volume ~$1.8M (adequate). This spread is a high-low estimate, not a live quote; the issuer's reported median spread and premium/discount to NAV are shown above when available.

AUM ($)