Cerebras prices its IPO at a $40B valuation as AI stocks continue to outperform crypto, Strive Asset Management launches daily dividend payments for its preferred stock, and tokenized money market funds from Fidelity Investments and BlackRock receive Moody’s highest rating.
@JennSanasie has what you need to know
NEW: Did Michael Burry get wiped out shorting AI stocks ($NVDA) before flipping long on GME? And is he now colluding with CEO Ryan Cohen to manipulate the price? Andrew was left speechless by Cohen’s response to GameStop $GME ($12B cap) potentially acquiring $EBAY ($46B cap).
How can investors gauge exposure in the fast-growing AI value chain?Narrow focus on a few AI stocks risks over-concentration or coverage gaps. Index designs commonly suffer from: excessive mega-cap weighting and under-representation of essential, lower-profile AI innovators.
Here is a quick breakdown of some of Rex Shares' Covered Call Income ETFs:
$FEPI - FEPI owns the 15 biggest U.S. tech stocks and writes covered calls on each one to generate weekly income — big tech exposure with a 25%+ distribution rate.
Inception Date: October 11, 2023
Expense Ratio: 0.65%
AUM: $673M
Distribution Rate: 25.21%
Distribution Frequency: Monthly
Distribution Per Share (Last): $0.9044
Top 10 Holdings:
Intel $INTC 9.82%
AMD $AMD 9.46%
Micron $MU 9.16%
Alphabet $GOOGL 7.51%
Oracle $ORCL 6.82%
Nvidia $NVDA 6.76%
Amazon $AMZN 6.64%
Tesla $TSLA 6.63%
Broadcom $AVGO 6.54%
Apple $AAPL 6.53%
$AIPI - AIPI owns the top AI stocks and writes covered calls on each one to generate monthly income — pure AI exposure with a 34%+ distribution rate.
Inception Date: June 4, 2024
Expense Ratio: 0.65%
AUM: $393M
Distribution Rate: 34.84%
Distribution Frequency: Monthly
Distribution Per Share (Last): $1.0518
Top 10 Holdings:
Crowdstrike $CRWD 10.58%
Nvidia $NVDA 10.08%
Palantir $PLTR 7.80%
Astera Labs $ALAB 7.33%
Datadog $DDOG 6.53%
Intel $INTC 5.52%
AMD $AMD 4.76%
Micron $MU 4.48%
IonQ $IONQ 4.13%
Qualcomm $QCOM 4.05%
$CEPI - CEPI owns the top crypto-related stocks and writes covered calls on each one to generate monthly income — crypto equity exposure with a 42%+ distribution rate.
Inception Date: December 4, 2024
Expense Ratio: 0.85%
AUM: $100M
Distribution Rate: 42.00%
Distribution Frequency: Monthly
Distribution Per Share (Last): $1.1707
Top 10 Holdings:
AMD $AMD 7.30%
Micron $MU 6.86%
Applied Digital $APLD 6.57%
IREN Ltd $IREN 6.35%
MicroStrategy $MSTR 5.83%
Marathon Digital $MARA 5.66%
Riot Platforms $RIOT 4.84%
Taiwan Semiconductor $TSM 4.75%
Nvidia $NVDA 4.63%
Cipher Mining $CIFR 4.48%
Disclsoure: Rex Shares is a partner of WOLF Financial. This is only for informational purpoases, make sure to dig in for yourself and do your own research
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