Income

Weekly income, engineered three ways

Covered call, Growth & Income, and autocallable strategies that seek weekly distributions from the market's most-watched names. Distributions are not guaranteed.

Explore Income →
Thematic

Own the drone economy

DRNZ is a pure-play ETF providing exposure to the global drone and unmanned aerial vehicle economy, spanning both defense and commercial innovation.

Explore DRNZ →
Leverage

T-REX 2X single-stock ETFs

Seek 200% of the daily move of the names you actually trade: TSLA, NVDA, MSTR, and 30 more. Sub-advised by Tuttle Capital Management. Daily reset products for sophisticated investors who actively monitor positions.

Explore Leverage →
Crypto

Crypto exposure, brokerage simplicity

Osprey Funds digital asset ETFs. CTEN holds the top ten digital assets in one index ETF. CBAL balances crypto with core assets. No wallets, no keys, no exchanges.

Explore Crypto →
MicroSectors

Sector and index leveraged ETNs

The MicroSectors suite offers leveraged and inverse exposure to targeted sectors and major indexes through exchange-traded notes issued by Bank of Montreal (BMO).

Explore MicroSectors →
REX Shares

The exposures the rest of the market won't build.

REX engineers alternative-strategy ETFs and ETNs that are hard to find anywhere else: first-of-their-kind income structures, single-stock leverage, and pure-play themes. More than 60 exchange-traded products, built for investors who want a real edge.

I invest for myselfTrade your conviction2X single-stock leverage, weekly income, and thematic exposure in one ticker. No margin, no options chain.Explore the lineup →I advise clientsDifferentiated building blocksAlternative income beyond the 60/40 and cutting-edge thematics, in a standard ETF wrapper with daily liquidity.Advisor resources →
TSLX T-REX 2X TSLANVDX T-REX 2X NVDAMSTX T-REX 2X MSTRAAPX T-REX 2X AAPLFEPI Weekly IncomeAIPI Weekly IncomeNVII Weekly IncomeATCL Autocallable IncomeULTI IncomeMaxDRNZ Drone EconomyCTEN Crypto Ten IndexTSLX T-REX 2X TSLANVDX T-REX 2X NVDAMSTX T-REX 2X MSTRAAPX T-REX 2X AAPLFEPI Weekly IncomeAIPI Weekly IncomeNVII Weekly IncomeATCL Autocallable IncomeULTI IncomeMaxDRNZ Drone EconomyCTEN Crypto Ten Index
1stDaily laddered autocallable income strategy in an ETF: ATCL
Pure-playDrone and unmanned systems exposure in one ticker: DRNZ
4Product verticals: Income, Thematic, Leverage, Crypto
60+Exchange-traded products across four verticals
Know Before You Invest

REX products include leveraged, inverse, single-stock, and options-income strategies. Many reset daily and are built for sophisticated investors who actively monitor their positions. They are powerful tools, and they are not for everyone. Read the prospectus before investing.

For Financial Advisors

Alternative income. Cutting-edge themes.

Two things advisors ask REX for: differentiated income beyond the 60/40, and clean thematic exposure that is hard to build any other way. We deliver both in a standard ETF wrapper with daily liquidity and full transparency.

Advisor Resources →
Alternative Income

Yield the core cannot reach

Covered call, Growth & Income, and the ATCL autocallable ETF seek weekly distributions and a SOFR-plus target, a differentiated income sleeve to sit alongside traditional fixed income. Distributions are not guaranteed.

Explore Income →Thematic

Pure-play drone exposure

DRNZ gives clients targeted exposure to the drone and unmanned systems economy, defense and commercial, in one ticker. The leading edge of REX's thematic expansion, and a theme in the headlines every week.

Explore DRNZ →
The Lineup

Four ways to put a view to work

Amplify a trade, get paid on a position, own a theme before it goes mainstream, or hold crypto in an ETF wrapper. Pick the job. There is a fund for it.

Income

Income beyond the 60/40.

Covered call, Growth & Income, and the ATCL autocallable ETF seek weekly distributions and a SOFR-plus target. A differentiated income sleeve to sit alongside traditional fixed income, in a standard ETF wrapper. Distributions are not guaranteed.

See Income ETFs →
Thematic

Own the drone economy.

DRNZ gives clients pure-play exposure to drones and unmanned systems, defense and commercial, in one ticker. The theme is in the headlines every week.

See DRNZ →
Leverage

Single-stock 2X, one ticker

T-REX 2X ETFs for a tactical view on the names clients follow. Daily reset, for active monitoring.

See Leveraged Funds →
Crypto

Crypto exposure. Brokerage simplicity.

CTEN holds the top ten digital assets in one index ETF. CBAL balances crypto with core assets. No wallets, no keys, no exchanges.

See Crypto ETFs →
By the Numbers

Built to trade, at scale

60+Exchange-Traded Products
30+Single-Stock Leveraged ETFs
WeeklyDistributions across the income lineup
1Pure-Play Drone ETF: DRNZ
Income, Three Ways

Pick your income engine

Most providers sell one flavor of covered call and stop. REX built three distinct engines, because "I want income" means something different to every investor.

Classic

Big themes, weekly checks

FEPI, AIPI, and CEPI write covered calls on FANG+, AI leaders, and crypto equities, then pass the premium through as weekly distributions. The most-watched stocks in the market, working for income instead of sitting idle.

Upside Kept

Income without giving up the trade

The problem with covered calls: they cap your winner. Growth & Income ETFs (NVII, TSII, PLTI, and more) seek ~1.25x exposure to a single stock and write calls on only ~50% of it. Weekly distributions, with roughly half the position still riding.

Engineered

Income by design, not by default

ULTI hunts 20 to 30 of the most volatile stocks for maximum premium capture. ATCL puts a daily laddered autocallable portfolio in an ETF wrapper, seeking SOFR + 10% with a deep maturity barrier designed for downside mitigation. First of its kind.

Featured Funds

Start with the flagships

Every fund page has the prospectus, performance, holdings, and distribution history. Click a ticker and go deep.

TickerFund NameVerticalStrategyDistribution
T-REX 2XT-REX 2X Long Single-Stock ETFs (TSLX, NVDX, AAPX, MSFX, GOOX, and more)Leverage2x daily target on individual stocksN/A
MicroSectorsMicroSectors Sector and Index Leveraged ETNsLeverageLeveraged and inverse exposure to sectors and indexesN/A
FEPIREX FANG & Innovation Equity Premium Income ETFIncomeCovered call on FANG+Weekly
AIPIREX AI Equity Premium Income ETFIncomeCovered call on AI stocksWeekly
NVIIREX NVDA Growth & Income ETFIncome~1.25x NVDA + calls on ~50%Weekly
TSIIREX TSLA Growth & Income ETFIncome~1.25x TSLA + calls on ~50%Weekly
ATCLREX Autocallable Income ETFIncomeSeeks SOFR + 10% via daily laddered autocallablesWeekly
ULTIREX IncomeMax Options Strategy ETFIncomeDynamic volatility maximizationWeekly
GIFREX Growth & Income Universe ETFIncomeFund of funds: holds all G&I ETFsWeekly
DRNZREX DRNZ Autonomous Systems ETFThematicPure-play drones and UAV economyN/A




FAQ



Know what you own



What kind of firm is REX Shares?


REX Shares is a U.S. asset manager that engineers alternative-strategy ETFs and ETNs, focusing on exposures that are difficult to build elsewhere. Its lineup spans four verticals: Income (covered call, Growth & Income, and the ATCL daily laddered autocallable ETF), Thematic (the DRNZ drone and unmanned systems ETF), Leverage (the T-REX 2X single-stock suite), and Crypto (Osprey Funds). REX offers more than 60 exchange-traded products and is based in Westport, Connecticut.



What is the difference between an ETF and an ETN?


An ETF (exchange-traded fund) is a registered investment company that holds a portfolio of underlying assets such as stocks, options, or other instruments. An ETN (exchange-traded note) is an unsecured debt obligation issued by a bank that promises to pay returns linked to an index. REX issues ETFs under REX Shares. REX ETNs (including MicroSectors) are issued by Bank of Montreal (BMO).



What are T-REX ETFs?


T-REX ETFs are leveraged and inverse single-stock ETFs designed to deliver 2x or -2x daily targeted exposure to individual stocks such as Tesla (TSLX), NVIDIA (NVDX), Apple (AAPX), Microsoft (MSFX), and Alphabet (GOOX). The T-REX suite includes more than 30 products and is sub-advised by Tuttle Capital Management. These funds are intended for sophisticated investors who actively monitor their positions.



What are REX Covered Call ETFs?


REX Covered Call ETFs combine equity exposure with options-based income strategies. Funds such as FEPI, AIPI, and CEPI write call options on themed stock baskets (FANG+, AI leaders, and crypto-related companies) and pass the option premium income through to investors as weekly distributions.



What are REX Growth & Income ETFs?


REX Growth & Income ETFs (NVII, TSII, PLTI, COII, MSII, HOII, CWII, LLII, WMTI, and others) use synthetic options to seek approximately 1.25x leveraged exposure to a single stock while writing call options on roughly 50% of that exposure. The structure is designed to preserve more upside potential than a traditional covered call ETF while still generating weekly distributions.



What is the REX Autocallable Income ETF (ATCL)?


ATCL is the REX Autocallable Income ETF. It seeks to deliver income of 10% above SOFR through a daily laddered autocallable portfolio inside an ETF wrapper, a first-of-its-kind structure compared with traditional weekly laddered approaches. The strategy includes a deep maturity barrier designed to provide enhanced downside mitigation.



What is the DRNZ ETF?


DRNZ is the REX DRNZ Autonomous Systems ETF. It is a pure-play ETF providing exposure to the global drone and unmanned aerial vehicle (UAV) economy, spanning both defense and commercial innovation.



Who is the fund distributor?


Foreside Fund Services, LLC, a FINRA member, is the distributor for REX ETFs.



How can I contact REX Shares?


REX Shares can be reached by phone at (203) 664-1960 and by email at info@rexshares.com. The mailing address is 44 Post Road West, Westport, Connecticut 06880.







Glossary

Key terms, in plain language

ETF (Exchange-Traded Fund)
A pooled investment vehicle that trades on an exchange like a stock and holds underlying assets such as equities, options, or other instruments.
ETN (Exchange-Traded Note)
An unsecured debt obligation issued by a bank that promises to pay returns linked to a benchmark or index. REX ETNs are issued by Bank of Montreal (BMO).
Covered Call
An options strategy in which a fund holds an equity position and sells call options on that position to generate premium income.
Growth & Income
REX strategy that combines approximately 1.25x synthetic single-stock exposure with call writing on roughly 50% of the position to preserve upside potential while generating weekly distributions.
Autocallable
A structured note that pays a coupon and may be redeemed automatically if the underlying reference asset meets specified conditions on observation dates. The REX Autocallable Income ETF (ATCL) wraps a daily laddered autocallable portfolio inside an ETF.
Leveraged ETF
An ETF designed to deliver a multiple (e.g., 2x) of the daily return of a reference asset. REX T-REX 2X ETFs target 200% of the daily return of individual stocks.
Distribution Rate
The annualized rate an investor would receive if the most recently declared distribution remained constant going forward, calculated against the fund's most recent NAV. The Distribution Rate is not a total return and is not guaranteed.
SOFR
The Secured Overnight Financing Rate, a benchmark interest rate used to reference floating-rate yields. ATCL seeks SOFR plus 10%.


News & Insights

Sharper takes, every week

Market commentary, fund updates, and educational content from the REX team.




Read All Insights







Stay Connected



Talk to the desk



Questions about a fund, a strategy, or a distribution? Ask the people who built it.










Send us a message


A REX representative will follow up within one business day.


"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Consent
Consent








Important Information

REX Shares is a brand of REX Financial. Investing involves risk, including possible loss of principal. ETFs and ETNs offered by REX Shares, REX ETNs, MicroSectors, MAX ETNs, and Osprey Funds are not suitable for all investors. Leveraged and inverse ETFs are designed to be utilized only by knowledgeable investors who understand the consequences of seeking daily leveraged investment results, the additional risks associated with the use of leverage, and who are willing to monitor their portfolios frequently. Distributions are not guaranteed. Past performance is no guarantee of future results.

Investors should carefully consider the investment objectives, risks, charges, and expenses of any fund before investing. The prospectus and summary prospectus contain this and other important information about the fund. Read it carefully before investing. Foreside Fund Services, LLC, a FINRA member, is the distributor for REX ETFs.

Bank of Montreal, the issuer of the ETNs, has filed a registration statement (including a pricing supplement, product supplement, prospectus supplement and prospectus) with the SEC regarding each offering of the ETNs. Please read those documents and the other documents relating to the ETNs that Bank of Montreal has filed with the SEC for more complete information about Bank of Montreal and the ETNs. These documents may be obtained without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Bank of Montreal, and any agent or dealer that participated in the offering of the ETNs, will arrange to send these documents if so requested by calling toll-free at 1-877-369-5412.