Key stats
About REX CRWV Growth & Income ETF
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Inception date
Nov 4, 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
ISIN
US7615627012
CWII offers weekly distributions and leveraged exposure to the daily price movements of CoreWeave, Inc. (CRWV). The fund targets a 105% to 150% daily notional exposure to CRWV, utilizing a combination of deep in-the-money and at-the-money call and put options, swaps, and CRWV 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 CRWV over periods longer than one day. Note that the funds use of leverage introduces increased volatility and risk. CWII does not provide direct ownership of CRWV shares and, therefore, does not have voting or dividend rights. Investments include US treasuries and money market funds as collateral.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash125.18%
Mutual fund0.36%
Rights & Warrants−25.54%
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CWII trades at 20.13 USD today, its price has fallen −2.71% in the past 24 hours. Track more dynamics on CWII price chart.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CWII invests in cash. See more details in our Analysis section.
CWII expense ratio is 0.99%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, CWII is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, CWII doesn't pay dividends to its holders.
CWII trades at a premium (0.32%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CWII shares are issued by Rex Financial LLC
CWII follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 4, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.