TSIIREX TSLA Growth & Income ETF
Seeks to pay weekly distributions to shareholders.
By Rex · Launched 2025
1.52%
#5,474 of 5,562 · expensive
$44M
#3,689 of 5,562 · mid-size
—
1 year
#4,426 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 7 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
- Seeks to pay weekly distributions to shareholders.
- Strategy
- Actively managed ETF that seeks to pay weekly distributions by employing a covered call strategy and maintaining 105%-150% notional exposure to TSLA through options contracts, swaps, and direct TSLA shares. The Fund will rebalance daily to maintain this exposure and generate income via call options. It invests at least 80% of net assets in TSLA-related investments. The strategy may involve high portfolio turnover and is not suitable for investors who do not actively manage their portfolios.
- Inception date
- June 3, 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