TSII
REX TSLA Growth & Income ETF
weekly DividendsTSII Quick Stats
TSII Distribution History Trend
TSII has paid 64 weekly distributions on record since inception (2025-06-04). The average distribution over the trailing 12 periods is $0.16 per share. The highest distribution was $0.26 (week of 2026-06-23) and the lowest was $0.10 (week of 2026-08-25). Distribution variance of $0.16 reflects how sensitive the option premium on REX TSLA Growth & Income's underlying exposure is to market volatility — richer weeks follow volatility spikes, thinner weeks follow calm markets.
Fund Overview
TSII — REX TSLA Growth & Income ETF — is a weekly-distribution ETF issued by REX Shares that generates income by selling call options against REX exposure. The fund targets investors seeking high-frequency cash flow from REX exposure without holding the underlying directly. Distributions are paid weekly, with the ex-dividend date typically falling on a Tuesday. The current annualized yield of 39.01% is calculated from the most recent weekly distribution of $0.1001 per share divided by the current share price of $13.34 and multiplied by 52. As with all option-income funds, the distribution rate reflects current implied volatility in REX options — when volatility falls, distributions typically shrink. The fund has $41.3 million in assets under management and has returned -46.14% on a price basis year-to-date, excluding distributions.
Compared to similar REX Shares funds, TSII ranks 5 out of 7 by current yield and 6 out of 7 by year-to-date price performance.
Annual Yield Calculations
Both figures start from the same per-period rate: the average of the last 3 distributions ($0.10) divided by the current price ($13.34) = 0.750% per week. The non-DRIP yield annualizes it simply; the DRIP yield compounds it over 52 periods.
WeeklyYield™ Actual Performance
How YTD & performance are calculated: YTD returns shown across WeeklyYield are price-only, using split-adjusted close-to-close prices from the first trading day of the calendar year to the latest close — the same method your brokerage uses. Dividends are tracked separately in the yield figures above. "Actual Non-DRIP" and "Actual DRIP" add distributions back in to show total return since the earliest price we have on record (2025-09-02 at $22.96), using the same 53 distributions in both — non-DRIP collects them as cash, DRIP buys shares at each ex-date close. For TSII, DRIP trails non-DRIP: because NAV fell over this window, shares bought with early distributions ended up worth less than the cash would have been. See full methodology →
Top Performer Score
Fund quality adjustment: ×0.92. Score is reduced for small AUM ($41.3M), young inception (2025-06-04), expense ratio 1.52%. Raw score before adjustment: 25.
Price History (1 Year)
About This ETF
The REX TSLA Growth & Income ETF (TSII) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide weekly distributions through a synthetic covered call strategy on Tesla (TSLA), while also aiming for 105% to 150% of TSLAs daily share price performance. The actively managed fund uses both standardized exchange-traded and FLEX options, collateralized by US treasuries. TSII was launched on Jun 4, 2025 and is issued by REX Shares.
How TSII Generates Income
TSII generates weekly income by selling call options on REX or a synthetic equivalent. When the fund sells a call option, it collects a premium from the buyer — this premium is what funds the weekly distribution. The tradeoff is that the fund caps its upside: if REX rallies sharply above the strike price, the fund does not fully participate in that gain. In a flat or declining market the income generation continues while the fund absorbs price losses similar to holding the underlying. The size of the weekly distribution directly reflects implied volatility in REX options at the time the options were written — higher volatility means more expensive options and larger distributions, lower volatility means smaller ones. This makes the distribution variable week to week rather than fixed.
Distribution Composition and Tax Considerations
Not all of TSII's weekly distributions represent taxable income. Option-income funds frequently classify part of each distribution as return of capital (ROC), which is not taxable in the year received but reduces your cost basis in the fund. When your cost basis reaches zero, subsequent ROC distributions become taxable as capital gains. The exact composition of each distribution — ordinary income, qualified dividends, short-term capital gains, long-term capital gains, and return of capital — is reported annually on Form 1099-DIV and may not be known until after the tax year ends. Holding TSII in a tax-advantaged account (IRA, Roth IRA, 401k) eliminates the annual tax complexity entirely and is the approach most income-focused investors use for high-distribution funds.
Educational information only — not tax advice. See our after-tax dividend calculator to model your own situation.
Dividend History
| Ex-Dividend Date | Cash Amount | Pay Date |
|---|---|---|
| 2026-09-01 | $0.10190 | 2026-09-02 |
| 2026-08-25 | $0.09600 | 2026-08-26 |
| 2026-08-18 | $0.10230 | 2026-08-19 |
| 2026-08-11 | $0.11340 | 2026-08-12 |
| 2026-08-04 | $0.12380 | 2026-08-05 |
| 2026-07-28 | $0.13080 | 2026-07-29 |
| 2026-07-21 | $0.18010 | 2026-07-22 |
| 2026-07-14 | $0.20280 | 2026-07-15 |
| 2026-07-07 | $0.17340 | 2026-07-08 |
| 2026-06-30 | $0.19250 | 2026-07-01 |
| 2026-06-23 | $0.25710 | 2026-06-24 |
| 2026-06-16 | $0.23160 | 2026-06-17 |
TSII has paid 12 weekly distributions over the past 12 weeks. The average weekly distribution over this period was $0.1588 per share. The highest distribution in the trailing 12 weeks was $0.2571 (ex-date 2026-06-23) and the lowest was $0.0960 (ex-date 2026-08-25). Distribution consistency — the variance between the highest and lowest payment — is one indicator of underlying volatility stability. High variance suggests the fund's income generation is sensitive to volatility swings in REX options.
Latest TSII News
- TSII declares $0.1019 weekly distribution — ex-date 2026-09-01, payment date 2026-09-02Distribution announcement · 2026-09-01
- TSII declares $0.0960 weekly distribution — ex-date 2026-08-25, payment date 2026-08-26Distribution announcement · 2026-08-25
- TSII declares $0.1023 weekly distribution — ex-date 2026-08-18, payment date 2026-08-19Distribution announcement · 2026-08-18
Similar ETFs
Frequently Asked Questions About TSII
TSII pays weekly dividends. Its most recent ex-dividend date was 2026-09-01 with a pay date of 2026-09-02.
TSII has paid an average of $0.1001 per share across its most recent 3 distributions. Its latest distribution was $0.1019 per share.
TSII's current annualized yield is 39.01%. This is calculated as the average of its last 3 distributions ($0.1001) divided by the current share price of $13.34, annualized over 52 periods. Reinvesting those distributions (DRIP) compounds the same rate: (1 + rate)^52 − 1.
Covered call and option-income ETF distributions vary week to week. TSII's actual total return figures on the fund's WeeklyYield page show total return net of NAV changes; high distribution rates can coincide with NAV decline, so investors should compare yield to actual total return before drawing conclusions. This is educational information, not investment advice.
Option-income ETF distributions are generally treated as ordinary income or return of capital, depending on the fund's structure and the underlying options strategy. For TSII's exact tax character, refer to the fund issuer's 19a-1 notices and year-end 1099-DIV. This is not tax advice.
More detail on how these numbers are calculated is on our methodology page.