Key stats
About REX NVDA Growth & Income ETF
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Inception date
May 28, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rex Advisers LLC
Distributor
Foreside Fund Services LLC
NVII offers weekly distributions and leveraged exposure to the daily price movements of Nvidia (NVDA). The fund targets a 105% to 150% daily notional exposure to NVDA, utilizing a combination of deep in-the-money and at-the-money call and put options, swaps, and NVDA shares. Positions are rebalanced daily to maintain target leverage based on technical signals and real-time market sentiment. The strategy employs a covered call approach, writing out-of-the-money calls to generate income, thereby capping potential gains. Due to daily compounding and rebalancing, performance may differ significantly from NVDA over periods longer than one day. Note that the funds use of leverage introduces increased volatility and risk. NVII does not provide direct ownership of NVDA shares and, therefore, does not have voting or dividend rights. Investments include US treasuries and money market funds as collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government95.79%
Rights & Warrants3.53%
Mutual fund0.69%
Cash−0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NVII assets under management is 2.12 M USD. It's risen 475.38% over the last month.
NVII fund flows account for 2.83 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, NVII doesn't pay dividends to its holders.
NVII shares are issued by Rex Advisers LLC under the brand REX Shares. The ETF was launched on May 28, 2025, and its management style is Active.
NVII expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
NVII follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NVII invests in bonds.
NVII trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.