ULTI ETF — REX IncomeMax Option Strategy ETF

REX IncomeMax Option Strategy ETF (ULTI)

Updated October 16, 2026.

ULTI is an ETF linked to Selected volatile U.S.-listed stocks and options on those stocks. its distribution rate is 69.60%, its trailing-12-month yield is 165.03%, its expense ratio is 1.32%. Dividend Vision Distribution Safety Score™ is 0/100 (High risk). Total return is -59.6% over the past year, 72.7 points behind SPY at 13.1%.

REX IncomeMax Option Strategy ETF actively manages put and call positions on selected volatile U.S.-listed stocks to seek weekly income. Its strategy adjusts with market conditions and may limit upside participation. Leverage, options and concentrated exposures can produce substantial losses; downside mitigation is conditional and distributions are variable.

ULTI performance versus SPY

Price and return data through 2026-10-16.

Total return is -59.6% over the past year, 72.7 points behind SPY at 13.1%. Its deepest 1-year drawdown was 59.6%.

ULTI key facts

Distribution Safety Score™

0 · High risk

Safety-Adjusted Yield

0.00%

Issuer

REX Shares

Asset type

ETF

Asset class

Alternatives

Inception date

10/31/2025

Expense ratio

1.32%

Distribution rate

69.60%

Distribution frequency

Weekly

Trailing yield

165.03%

Last close

$5.23 (as of 2026-10-16)

AUM

$15,695,129

Average volume

53366.0

Dividend

$0.07

Latest 19(a) ROC estimate

100.00%

Ex-dividend date

10/15/2026

Payment date

10/16/2026

Beta

2.7269

How Dividend Vision calculates yield and returns

Distribution rate (69.60%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (165.03%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: REX Shares or company page; Index: Selected volatile U.S.-listed stocks and options on those stocks; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ULTI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 59.6%.

Who may consider ULTI — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on ULTI

• All tickers starting with U

Tagged: Active, Options, Leverage.

Frequently asked questions

More securities from REX Shares.