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REX Crypto Equity Premium Income ETF (CEPI)

Derivative Income | Exchange Traded Fund | NasdaqGM
30.96 USD -0.73 (-2.307%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 31.12 +0.16 (0.515%) ⇧ (Aug. 28, 2026, 7:44 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 2:57 a.m. EDT

The headline 17% yield is a trap for traditional income investors; this is a distressed asset yielding high because the underlying crypto equities are collapsing. The price has dropped nearly 25% from its August 2025 peak, and the recent weekly distribution schedule change signals management trying to retain capital in a falling market rather than sustainable growth. While the yield is attractive, the underlying business quality is deteriorating rapidly as crypto assets lose value. The options market confirms this pessimism, with massive put walls placed far out-of-the-money, betting on a further crash. For a short-term trade, the momentum is clearly negative, and the statistical models offer no relief. Long-term, this is a speculative play on a volatile sector with no guarantee of recovery, making it unsuitable for a core portfolio holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.035042
AutoARIMA0.046082
AutoETS0.046806
MSTL0.056208

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 47%
H-stat 2.50
Ljung-Box p 0.000
Jarque-Bera p 0.070
Excess Kurtosis 1.64
Attribute Value
Trailing P/E 25.44

As of Aug. 22, 2026, 2:57 a.m. EDT: Speculators are positioning defensively with heavy put open interest at strikes significantly above the current price (35, 42, 44), suggesting a fear of a sharp downside gap or a 'crash' scenario. Conversely, call activity is sparse and concentrated near the money, indicating a lack of aggressive bullish conviction despite the high yield. Implied volatility is extremely low for longer-dated contracts, reflecting complacency or a lack of expected movement, while the short-term forecast model shows a weak bearish lean.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.80% 40.21%
Dividend History
Date Dividend Yield %
2026-08-26 0.252 0.802548
2026-08-19 0.258 0.833710
2026-08-12 0.249 0.796316
2026-08-05 0.255 0.808882
2026-07-29 0.254 0.862596
2026-07-22 0.257 0.789555
2026-07-15 0.259 0.801510
2026-07-08 0.269 0.834367
2026-07-01 0.273 0.821053
2026-06-24 0.284 0.845238
2026-06-17 0.284 0.821403
2026-06-10 0.276 0.837379
2026-06-03 0.288 0.830402
2026-05-27 0.278 0.793832
2026-04-28 1.171 3.686215
2026-03-24 1.064 3.593259
2026-02-24 1.114 3.587762
2026-01-27 1.252 3.603915
2025-12-23 1.233 3.585345
2025-11-26 1.228 3.523673
2025-10-28 1.496 3.553444
2025-09-23 1.439 3.598399
2025-08-26 1.414 3.597049
2025-07-29 1.456 3.650953
2025-06-24 1.380 3.511450
2025-05-29 1.388 3.673902
2025-04-29 1.329 3.603579
2025-03-25 1.459 3.635684
2025-02-25 1.578 3.774217
2025-01-28 1.698 3.597458
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 16.99

Info Dump

Attribute Value
All Time High 52.16
All Time Low 26.981
Ask 40.76
Ask Size 2
Average Daily Volume10 Day 41,420
Average Daily Volume3 Month 47,407
Average Volume 47,407
Average Volume10Days 41,420
Beta3 Year 0.0
Bid 22.79
Bid Size 2
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 31.51
Day Low 30.8699
Dividend Yield 16.99
Eps Trailing Twelve Months 1.2169579
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 32.09886
Fifty Day Average Change -1.138361
Fifty Day Average Change Percent -0.035464216
Fifty Two Week Change Percent -21.19878
Fifty Two Week High 43.7
Fifty Two Week High Change -12.7395
Fifty Two Week High Change Percent -0.29152173
Fifty Two Week Low 26.981
Fifty Two Week Low Change 3.9794998
Fifty Two Week Low Change Percent 0.14749266
Fifty Two Week Range 26.981 - 43.7
First Trade Date Milliseconds 1,733,322,600,000
Full Exchange Name NasdaqGM
Fullday Change -0.730999
Fullday Change Percent -2.30661
Fullday Price 31.12
Fund Family Rex
Fund Inception Date 1,733,184,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-12-04
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund, under normal market conditions, invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies comprising the BITA Crypto Assets & Digital Payments Index. The index is a rules-based composite index that tracks the market performance of 25 companies, listed on regulated exchanges based in the U.S., that are actively engaged in crypto-related activities. The fund is non-diversified.
Long Name REX Crypto Equity Premium Income ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1896644723
Nav Price 31.7079
Net Assets 110,133,872.0
Net Expense Ratio 0.85
Open 31.5
Post Market Change 0.15950012
Post Market Change Percent 0.51517296
Post Market Price 31.12
Post Market Time 1,787,960,661
Previous Close 31.6915
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.730999
Regular Market Change Percent -2.3066092
Regular Market Day High 31.51
Regular Market Day Low 30.8699
Regular Market Day Range 30.8699 - 31.51
Regular Market Open 31.5
Regular Market Previous Close 31.6915
Regular Market Price 30.9605
Regular Market Time 1,787,947,200
Regular Market Volume 65,591
Short Name REX Crypto Equity Premium Incom
Source Interval 15
Symbol CEPI
Total Assets 110,133,872
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 25.440897
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.50262
Trailing Three Month Returns 2.50262
Triggerable 1
Two Hundred Day Average 33.01342
Two Hundred Day Average Change -2.0529194
Two Hundred Day Average Change Percent -0.06218439
Type Disp ETF
Volume 65,591
Yield 0.1699
Ytd Return 13.17996