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CEPI REX Crypto Equity Premium Income ETF

Covered call on BITQ, paying weekly

Over the year to Sep 18, 2026, CEPI paid 35.3% in cash and finished 6.0 points ahead of BITQ.

REX · Income ETFs · data as of

Key facts

35.3%Cash paid, 1 year, on its starting price
+18.1%Total return, 1 year
+6.0 ptsAgainst BITQ
100.0%Return of capital, latest payout (REX estimate)

Method

ETFIQ Return Stability Score

55.2joint 70th of 173

CEPI paid 35.3% in cash. Its price fell 22.5%, so 64% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −35.8 ptsMDST −28.6 ptsEIPI −26.8 ptsBLOX −26.6 ptsYQQQ −25.3 ptsULTY −24.3 ptsSLTY −22.7 ptsGDXY −21.4 ptsTDVI −20.9 ptsTOPW −19.8 ptsHIGH −18.8 ptsACKY −17.9 ptsYMAX −16.8 ptsHISF −16.4 ptsNDIV −16.4 ptsSDVD −16.4 ptsWEEI −15.8 ptsOARK −15.2 ptsFDND −14.1 ptsSCLZ −14.0 ptsLFGY −13.6 ptsXLRI −13.6 ptsTCAL −13.5 ptsQRMI −13.3 ptsSLJY −13.2 ptsYYY −13.2 ptsYFYA −13.1 ptsHIPS −12.8 ptsJULH −12.1 ptsRNTY −12.0 ptsXLKI −12.0 ptsXBTY −11.8 ptsQUSA −11.7 ptsJULJ −11.5 ptsLJUL −11.5 ptsJANJ −11.4 ptsLJAN −11.4 ptsFGSI −11.3 ptsLOCT −11.2 ptsQLDY −11.2 ptsOCTJ −11.1 ptsCVRD −11.0 ptsIWMY −10.9 ptsJUCY −10.9 ptsAPRJ −10.5 ptsLAPR −10.5 ptsXISE −10.5 ptsXIJN −10.3 ptsAPRH −10.1 ptsJANH −10.1 ptsXIDE −10.1 ptsXLEI −10.0 ptsOCTH −9.9 ptsJEPI −9.5 ptsAIPI −9.4 ptsMAGY −9.4 ptsBAGY −9.2 ptsXIMR −9.1 ptsSRHR −8.8 ptsBUYW −8.1 ptsRDVI −8.0 ptsIAUI −7.7 ptsOVLH −7.5 ptsVEGA −7.2 ptsXV −7.1 ptsYBTC −7.1 ptsFTHI −6.9 ptsBITY −6.7 ptsXLVI −6.7 ptsXRMI −6.3 ptsIGLD −6.2 ptsFEPI −6.1 ptsYLDE −6.0 ptsGPTY −5.7 ptsKHPI −5.5 ptsQQQI −5.3 ptsSPIN −5.2 ptsTYLG −5.2 ptsSPUT −5.1 ptsETCO −4.8 ptsWTPI −4.6 ptsCAIE −4.1 ptsIQQQ −4.1 ptsPAPI −3.8 ptsBIGY −3.6 ptsJEPQ −3.2 ptsXLBI −3.2 ptsISPY −3.1 ptsIWMW −3.0 ptsWEEL −2.3 ptsGIAX −2.1 ptsDIVO −2.0 ptsKNG −1.6 ptsQDTY −1.6 ptsDFII −1.5 ptsRDTY −1.5 ptsTSPY −1.5 ptsYMAG −1.5 ptsBTCC −1.4 ptsNBOS −1.4 ptsNIHI −1.4 ptsEGGY −1.2 ptsSPYI −1.2 ptsRYLD −1.1 ptsRYLG −1.0 ptsXDTE −1.0 ptsXPAY −0.9 ptsSDTY −0.8 ptsWDTE −0.8 ptsJOYT −0.7 ptsQDTE −0.7 ptsKGLD −0.6 ptsQQQY −0.6 ptsRDTE −0.6 ptsTHTA −0.6 ptsXLII −0.6 ptsFTKI −0.5 ptsGPIQ −0.4 ptsFTQI −0.3 ptsSIXH −0.3 ptsDJIA +0.2 ptsLTTI +0.2 ptsDYLG +0.3 ptsGPIX +0.4 ptsXLFI +0.4 ptsQYLG +0.5 ptsHYBI +0.6 ptsHYTI +0.6 ptsIVVW +0.6 ptsLQTI +0.6 ptsXYLG +0.7 ptsTDAQ +1.0 ptsIWMI +1.1 ptsQYLD +1.2 ptsCSHI +1.3 ptsTLTX +1.3 ptsXYLD +1.4 ptsHYGW +1.5 ptsHYBL +1.6 ptsBNDI +1.7 ptsOVS +1.7 ptsPBP +1.9 ptsTLTI +1.9 ptsXLUI +1.9 ptsBALI +2.0 ptsBTCI +2.0 ptsCHPY +2.3 ptsOVB +2.3 ptsOVT +2.3 ptsYBIT +2.3 ptsITWO +2.4 ptsOVL +2.6 ptsYETH +2.8 ptsOVM +2.9 ptsTLTP +3.0 ptsSOXY +3.5 ptsDUBS +3.7 ptsLQDW +3.8 ptsXLYI +4.1 ptsTLTW +4.2 ptsOVF +4.5 ptsDOGG +4.6 ptsOMAH +4.9 ptsIDVO +5.2 ptsSEPI +5.2 ptsBCCC +5.9 ptsIDUB +7.2 ptsXLCI +7.9 ptsBUCK +9.6 ptsUSOY +11.6 ptsXLSI +12.5 ptsKLIP +22.5 ptsCEPI +6.0 ptsCEPI +6.0 pts−35.8 pts+22.5 pts

96.2% of the 173 sit at or below CEPI on this measure.

What happened to the principal
ETCO −75.5%XBTY −74.1%YETH −66.4%YBTC −60.1%BTCC −59.1%YBIT −58.9%BAGY −57.9%ULTY −54.1%BITY −51.5%SLTY −51.5%BCCC −48.5%BTCI −47.0%LFGY −44.7%DFII −43.7%BLOX −40.9%YMAX −40.7%TOPW −37.7%OARK −34.0%GDXY −33.1%KLIP −32.5%YMAG −28.1%YQQQ −25.7%MAGY −25.3%IWMY −24.9%RDTY −21.8%RDTE −21.4%QLDY −20.3%QDTE −19.2%TLTX −18.5%EGGY −16.2%XLYI −15.5%ACKY −15.1%WDTE −14.8%QDTY −14.0%AIPI −13.8%TLTP −13.4%XDTE −13.4%QQQY −13.2%LTTI −12.6%XLUI −11.3%QUSA −11.0%SDTY −10.8%GIAX −10.5%FEPI −10.0%TLTW −9.9%LQTI −9.7%XLRI −9.4%TLTI −9.1%LQDW −8.8%XLCI −8.8%XV −8.8%YYY −8.8%TCAL −8.6%HIGH −8.3%FDND −8.2%GPTY −8.1%IGLD −7.9%RNTY −7.3%HIPS −7.0%HYTI −6.8%XLSI −6.5%OMAH −6.3%XLBI −6.3%IWMW −6.2%XLFI −6.2%HYGW −6.0%XPAY −5.8%HYBI −5.5%OVB −5.0%BNDI −4.9%USOY −4.8%HISF −4.7%OVT −4.3%QRMI −3.8%OVM −3.6%FGSI −3.2%HYBL −2.8%CAIE −2.5%JUCY −2.5%XRMI −2.4%BUCK −2.2%CVRD −2.2%MLPD −2.1%IAUI −2.0%IVVW −2.0%YFYA −1.7%JEPI −1.2%XLII −1.2%XIJN −0.9%WTPI −0.8%JULJ −0.6%XISE −0.6%CSHI −0.4%JULH −0.4%KNG −0.4%BIGY −0.3%LJUL −0.3%QQQI −0.1%TSPY −0.1%JANH 0.0%JANJ 0.0%LAPR 0.0%OCTH 0.0%XIDE 0.0%APRJ +0.1%LJAN +0.1%LOCT +0.1%OCTJ +0.1%APRH +0.3%FTHI +0.3%XIMR +0.5%WEEL +0.7%SRHR +1.0%SDVD +1.2%SPYI +1.2%IWMI +1.3%KHPI +1.5%BUYW +2.1%DJIA +2.4%QYLG +2.4%XYLG +2.6%YLDE +2.6%NIHI +2.8%RYLD +2.9%KGLD +3.4%TDAQ +3.4%DYLG +3.5%FTKI +3.8%XLVI +4.0%SCLZ +4.1%THTA +4.1%RYLG +4.2%PAPI +4.5%XLKI +4.6%PBP +5.5%JEPQ +5.7%SPIN +5.8%XYLD +5.9%NBOS +6.0%SPUT +6.0%DIVO +7.3%GPIX +7.4%ISPY +7.6%DOGG +8.0%FTQI +8.0%MDST +8.2%TDVI +8.2%OVF +8.3%OVS +8.5%OVLH +8.8%VEGA +8.9%QYLD +9.1%BALI +9.2%GPIQ +9.3%OVL +9.4%RDVI +9.6%ITWO +10.5%IQQQ +10.8%SLJY +12.3%EIPI +12.8%XLEI +12.8%SEPI +13.4%SIXH +14.1%IDVO +14.4%JOYT +15.2%WEEI +17.3%IDUB +17.4%DUBS +17.6%NDIV +20.4%CHPY +20.6%TYLG +20.6%SOXY +64.1%CEPI −22.5%CEPI −22.5%−75.5%+64.1%

14.2% of the 173 sit at or below CEPI on this measure.

Weighted evenly, those two positions are what the score combines, across the 173 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark+6.0 pts96.250%
what happened to the principal−22.5%14.250%

All income ETFs ranked by this score · How it is computed

What a holder got

CEPI against BITQCEPI returned +18.1% with distributions reinvested against +12.1% for Crypto industry (BITQ), used as the crypto proxy, a gap of +6.0 pts. Of that, 35.3% arrived as cash rather than price.+18.1%CEPI total return+12.1%Crypto industry (BITQ), used as the crypto proxy35.3% of it arrived as cash

Over the year to Sep 18, 2026, CEPI returned +18.1% with distributions reinvested and Crypto industry (BITQ), used as the crypto proxy returned +12.1%, so a holder came out ahead of it by 6.0 points. The lighter segment is the 35.3% that arrived as cash rather than as price.

Its ten largest equity positions

CEPI top ten by weight, 52.5% of its 25 equity positions, from the holdings filed for Apr 30, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the fund’s SEC filing.
HoldingTickerWeight
Advanced Micro Devices IncAMD6.59%
Micron Technology IncMU5.71%
Applied Digital CorpAPLD5.64%
Strategy IncMSTR5.58%
MARA Holdings IncMARA5.57%
IREN LtdIREN5.29%
TSMCTSM4.72%
NVIDIA CorpNVDA4.55%
Visa IncV4.43%
Coinbase Global IncCOIN4.43%

Method

Period by period

CEPI over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnBITQAhead or behind
3 months9.6%−9.2%+0.9%−2.1%+3.1 pts
6 months22.2%+4.9%+29.4%+33.8%−4.4 pts
1 year35.3%−22.5%+18.1%+12.1%+6.0 pts
Since launch51.2%−37.7%+26.2%+27.2%−1.0 pts

Method

When CEPI pays

CEPI pays weekly. The last distribution was $0.2513 a share, which went ex on Sep 16, 2026 and was paid on Sep 17, 2026. The next is declared: $0 going ex on Dec 30, 2026, payable Dec 31, 2026.

Expected distributions for CEPI. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Dec 30, 2026Dec 31, 2026$0Declared by the issuer
Every distribution ETFIQ holds for CEPI (13, most recent first)
Cash distributions per share for CEPI. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 16, 2026$0.2513
Sep 9, 2026$0.2567
Sep 2, 2026$0.2515
Aug 26, 2026$0.2522
Aug 19, 2026$0.2578
Aug 12, 2026$0.2493
Aug 5, 2026$0.2554
Jul 29, 2026$0.2542
Jul 22, 2026$0.2566
Jul 15, 2026$0.2589
Jul 8, 2026$0.2686
Jul 1, 2026$0.2729
Jun 24, 2026$0.284

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Dec 4, 2024, CEPI has returned +26.2% with distributions reinvested, against +27.2% for Crypto industry (BITQ), used as the crypto proxy, and has paid out 51.2% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 41.0%. REX estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

CEPI (REX Crypto Equity Premium Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategycovered call
BenchmarkCrypto industry (BITQ), used as the crypto proxy (proxy)
Paysweekly
Net assets (issuer page, as of Sep 17, 2026)$121m
Latest payout, annualized (ETFIQ)41.0%
Expense ratio (485BPOS XBRL, Feb 27, 2026)0.85%
Cash paid, last 12 months, over today’s price (ETFIQ)45.5%
LaunchedDec 4, 2024
Return of capital, latest distribution (REX 19a-1 estimate)100.0%
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.2513 ex Sep 16, 2026
Sum of the last 12 distributions$3.0853

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 these figures are computed

Questions people ask

How much has CEPI paid over the last year?
Over the year to Sep 18, 2026, CEPI paid 35.3% of its starting price in cash distributions, while the price fell 22.5%.
Is CEPI ahead of BITQ?
Over the year to Sep 18, 2026, with every distribution reinvested, CEPI returned +18.1% against +12.1% for Crypto industry (BITQ), used as the crypto proxy, so a holder was ahead of it by 6.0 points.
How often does CEPI pay, and how much?
CEPI pays weekly. The latest distribution annualizes to 41.0% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
Is the CEPI distribution return of capital?
REX estimates 100% of the distribution paid Aug 27, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does CEPI next pay a distribution?
CEPI pays weekly. The last distribution went ex on Sep 16, 2026 at $0.2513 a share. The next is declared: $0, ex Dec 30, 2026, payable Dec 31, 2026.
What does CEPI cost?
The prospectus expense ratio is 0.85% a year.

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 characterization, 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 used here, defined in full on the income ETFs 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.

Compare CEPI

Also against BLOX, BPI, BTCC, BTCI, DFII, EHCC, EHY, ETCO, ETTY, LFGY, NEHI, SOLM, XBCI, XBTY, XEY, XRPM, YBIT, YBTC, YETH.

Funds near this one

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CEPI payout bar, ETFIQ

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<p><a href="https://etfiq.com/funds/cepi">CEPI payout bar, updated daily by ETFIQ</a></p>

Where CEPI is written about

CEPI, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open CEPI live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, CEPI, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/cepi Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources