NVII · REX NVDA Growth & Income ETF
Over the past year NVII paid 44.3% in cash and finished 3.9 points ahead of NVDA.
What a holder got
Over the year to Sep 4, 2026, NVII returned +38.3% with distributions reinvested and NVIDIA (NVDA) returned +34.4%, so a holder came out ahead of it by 3.9 points. The lighter segment is the 44.3% that arrived as cash rather than as price.
Period by period
| Window | Cash paid | Price | Total return | NVDA | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 11.7% | +1.7% | +14.7% | +12.3% | +2.4 pts |
| 6 months | 24.8% | +2.3% | +30.6% | +29.7% | +0.9 pts |
| 1 year | 44.3% | −15.4% | +38.3% | +34.4% | +3.9 pts |
| Since launch | 66.5% | +2.4% | +86.4% | +71.1% | +15.3 pts |
In plain words
With every distribution reinvested, the fund returned +38.3%. NVIDIA (NVDA) returned +34.4% over the same days, so a holder was ahead by 3.9 pts. At its price on Sep 4, 2026 the latest distribution annualises to 71.1%, paid weekly. REX estimates that 96% of the distribution paid Sep 2, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
| Strategy | option income |
|---|---|
| Benchmark | NVIDIA (NVDA) |
| Pays | weekly |
| Net assets (SEC filing, whole fund, as filed for Jun 30, 2026) | $104m |
| Latest payout, annualised (ETFIQ) | 71.1% |
| Expense ratio (prospectus XBRL) | not published |
| Cash paid, trailing 12 months (ETFIQ) | 52.3% |
| Launched | May 28, 2025 |
| Return of capital, latest distribution (REX 19a-1 estimate) | 96.3% |
Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How this desk computes every figure
Questions people ask
- How much has NVII paid over the last year?
- Over the year to Sep 4, 2026, NVII paid 44.3% of its starting price in cash distributions, while the price fell 15.4%.
- Is NVII ahead of NVDA?
- Over the year to Sep 4, 2026, with every distribution reinvested, NVII returned +38.3% against +34.4% for NVIDIA (NVDA), so a holder was ahead of it by 3.9 points.
- How often does NVII pay, and how much?
- NVII pays weekly. The latest distribution annualises to 71.1% at its price on Sep 4, 2026, which is not a promise; the next one can differ.
- Is the NVII distribution return of capital?
- REX estimates 96% of the distribution paid Sep 2, 2026 was return of capital. That is a tax characterisation from the fund's own 19a-1 notice, not a measure of erosion.
The words on this page
- Total return
- What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
- Cash paid
- Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
- Ahead or behind
- The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
- Return of capital
- The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterisation, not a measure of erosion.
- Covered call
- Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.
Every term this desk uses, defined in full on the income desk vocabulary page.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Funds near this one
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Cite this page. ETFIQ, NVII on the income desk, data as of Sep 4, 2026. https://etfiq.com/funds/NVII.html Free to use with attribution; the underlying files are at Open data.