Rex Tesla Growth & Income ETF

The Rex Tesla Growth & Income ETF is a specialized exchange-traded fund designed to offer investors a distinctive blend of leveraged growth exposure and regular income, with Tesla, Inc. as its underlying reference asset. The ETF seeks to deliver daily investment results ranging from 105% to 150% of Tesla’s share price movement, using derivatives to provide this amplified, synthetic exposure—not direct ownership of Tesla stock. Uniquely, the fund splits its portfolio: approximately half targets uncapped participation in Tesla’s potential upside, while the other half employs a covered call strategy, selling out-of-the-money call options to generate weekly income distributions. This structure aims to capture some of the high-growth potential associated with Tesla while simultaneously monetizing the stock’s volatility for income, making the ETF particularly notable amid demand for both yield and equity exposure. The fund incurs a 0.99% expense ratio and is suited for experienced investors who understand the complexities of leverage, derivatives, and the need for active portfolio monitoring, especially given potential performance divergence over periods longer than a single day.