NVIIREX NVDA Growth & Income ETF
The Funds primary investment objective is to pay weekly distributions.
By Rex · Launched 2025
1.49%
#5,410 of 5,562 · expensive
$102M
#2,928 of 5,562 · mid-size
50.57%
1 year
#4,412 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 6 holdings = 100.2% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- The Funds primary investment objective is to pay weekly distributions.
- Strategy
- Actively managed ETF that seeks to pay weekly distributions by employing a covered call strategy and maintaining 105%-150% notional exposure to NVDA through options contracts and direct holdings.
- Inception date
- May 27, 2025
- Fund family
- Rex
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19