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DACL REX Defensive Autocallable Income ETF

$24.94
0.0% · 1 day, price
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Fund card

<iframe src="https://etfiq.com/embed/fund/dacl/" title="ETFIQ DACL analysis" width="100%" height="420" loading="lazy" style="border:0;max-width:600px"></iframe>
<p>Data: <a href="https://etfiq.com/funds/dacl">ETFIQ DACL analysis</a></p>

Daily flows

<iframe src="https://etfiq.com/embed/flows-strip/dacl/" title="ETFIQ DACL fund flows" width="100%" height="340" loading="lazy" style="border:0;max-width:600px"></iframe>
<p>Data: <a href="https://etfiq.com/funds/dacl">ETFIQ DACL fund flows</a></p>

How to embed ETFIQ charts

In one line

Since launch in Aug 2026, DACL paid 1.1% in cash and returned 0.8% in total.

How does DACL compare with older funds like it?What drove DACL’s returns?What does DACL hold?
Total return since launch
+0.8%to Nov 12, 2026
Expense ratio
0.65%a year
Net assets
$7.2mon Nov 11, 2026
Net flow, latest day
+$249kdaily basis to Nov 11, 2026
AutocallableREX ↗Expense ratio 0.65%Fund assets $7.2m on Nov 11, 2026First traded Aug 13, 2026Benchmark Not setFund page at the issuer ↗SEC filings ↗Every REX fund ETFIQ coversDividend history

Promise check: Not measured

Analyze DACLPut to the committeeAdd to portfolioAlerts
Growth of $10,000

DACL, since Aug 2026

Total return, distributions reinvested, Aug 13, 2026 to Nov 12, 2026. No second line: no ETF prices its benchmark.

DACL $10,079 +0.8%Returns from daily closes. Data
Scorecard · vs

DACL risk and return scorecard

vs its benchmark

Not measured: ETFIQ sets no benchmark for it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Net fund flows · daily basis · as of Nov 11, 2026

Money in and out

Latest day
+$249k
N-PORT monthly basis
Since Nov 2026
+$249k
N-PORT monthly basis
In on 1 day, out on 0. 61 days missing.
Ask why money is moving in DACLEvery window, day and month ↓
Total return

What you earned

DACL +0.1%: total return over one month to Nov 12, 2026.
$10,000 in DACL would be $10,010, over one month to Nov 12, 2026.
DACL+0.1%
Paid 0.6% in cash. Price −0.4%.
DACL +0.8%: total return over three months to Nov 12, 2026.
$10,000 in DACL would be $10,080, over three months to Nov 12, 2026.
DACL+0.8%
Paid 1.1% in cash. Price −0.3%.
DACL +0.8%: total return since launch to Nov 12, 2026.
$10,000 in DACL would be $10,080, since launch to Nov 12, 2026.
DACL+0.8%
Paid 1.1% in cash. Price −0.3%.
askIQ: what drove DACL’s returns? ↗
Fees over time · hypothetical
Fees paid
$631
Of the amount
6.3%

At DACL’s 0.65% a year, taken each year from the amount after growth. Hypothetical.

Cost to trade · hypothetical
One way
$4.00
Round trip
$8.00
A year
$8.00

One way: half its 30-day median bid-ask spread, as of Nov 11, 2026. A round trip buys and later sells the same size. Hypothetical. Trading page

First traded Aug 13, 2026

What can be shown yet

1.1%
Cash paid, since launch, on its starting price
Report
+0.8%
Total return, since launch
Report
not set
Benchmark
Report
57.4%
Return of capital, latest payout (REX estimate)
Report
$0.1438
Last payment, ex-date Oct 20, 2026
Report
DACL has traded for 91 days. Numbers that need a year of prices are not shown yet.
Shown now
Net assets$7.2m
Latest payout, annualized6.9%
Expense ratio0.65%
First tradedAug 13, 2026
Not yet
One-year returnfrom Aug 13, 2027
Three-year returnfrom Aug 13, 2029
askIQ: what can DACL’s first months tell me? ↗

12 committee seats read DACL on data as of Nov 12, 2026: 0 Supports, 0 Mixed, 4 Challenges, 8 without enough data.

0 Supports0 Mixed4 Challenges8 Not enough data
  • Bogle
  • Graham
  • Buffett & Munger
  • Lynch
  • Templeton
  • Dalio
  • Marks
  • Druckenmiller
  • Swensen
  • Wood
  • Livermore
  • Skeptic

Watch the committee read DACL How the committee works

12 seats on DACL, as of Nov 12, 2026: 4 Challenges, 8 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingNot enough data
Uses ETFIQ’s measuresETFIQ SkepticETFIQ’s own seatChallenges
Put DACL to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Risk Officer

Risk check

What to look at before you hold DACL. Not advice.

As of Nov 13, 2026, DACL crossed 1 of 5 ETFIQ risk lines.

OverlapNot publishedNot published
Trading cost30-day median spread 0.08%Clear
Premium or discount95% of days within ±0.201% of NAV, 0 days over 1%, Sep 10, 2026 to Nov 11, 2026Clear
Return of capital66.9% of distributions, Sep 16, 2026 to Oct 21, 202666.9% of distributions were return of capital from 2026-09-16 to 2026-10-21, at or above 50%.Flag
ClosureNo closure flagClear

Lines and sources: Method. Check several funds at once on My Portfolio.

More on DACL

Every number below is on this page. Open what you need.

DACL flows, by email on Sundays.

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Price since launch, Aug 13, 2026

$24.940.0%1 day, priceClose, Nov 12, 2026

Price only. Total return over the same days, distributions reinvested, was +0.8%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 12, 2026. Updated every trading night. Report a data error

DACL returns by window: total return, cash paid and price change
WindowTotal returnCash paidPrice
1M Oct 13 – Nov 12, 2026+0.1%0.6%−0.4%
3M Aug 13 – Nov 12, 2026+0.8%1.1%−0.3%
Since launch Aug 13 – Nov 12, 2026+0.8%1.1%−0.3%

Total returns, distributions reinvested. Listed Aug 2026: no 6 months, year to date, 1 year and 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Daily data · as of Nov 11, 2026

DACL: in the 4 trading days to Nov 11, 2026, net $249k came in.

1D
+$249k
3.6% of $7.0m on Nov 10, 2026
Nov 11, 2026
Since Nov 2026
+$249k
Nov 6, 2026 to Nov 11, 2026
Net flow each trading day
Net flow into DACL each trading day, Aug 12, 2026 to Nov 11, 2026+$249kmonthly, from SEC filingsdaily, from REX+$249k−$249kAug 12, 2026Nov 11, 2026

DACL, net flow each trading day over the 65 sessions from Aug 12, 2026 to Nov 11, 2026: money came in on 1 day and went out on 0 days, of the 4 days with daily data; the other 61 have none. Before Nov 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 61 days missing.

Net flow into DACL each trading day, Nov 12, 2025 to Nov 11, 2026+$249kmonthly, from SEC filingsdaily, from REX+$249k−$249kNov 12, 2025Nov 11, 2026

DACL, net flow each trading day over the 251 sessions from Nov 12, 2025 to Nov 11, 2026: money came in on 1 day and went out on 0 days, of the 4 days with daily data; the other 247 have none. Before Nov 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 247 days missing.

Net flow into DACL each trading day, Apr 10, 2025 to Nov 11, 2026+$249kmonthly, from SEC filingsdaily, from REX+$249k−$249kApr 10, 2025Nov 11, 2026

DACL, net flow each trading day over the 400 sessions from Apr 10, 2025 to Nov 11, 2026: money came in on 1 day and went out on 0 days, of the 4 days with daily data; the other 396 have none. Before Nov 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 396 days missing.

Money in, netMoney out, netMonthly basis
Streak
Money in on its last trading day, Nov 11, 2026, a net +$249k.

Daily data starts Nov 6, 2026.

How this is computed

Computed by ETFIQ from REX’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Every day and month ETFIQ holds for DACL, back to Nov 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare DACL with other funds in the flows tool

Every trading day, last 3 months4 days
Nov 11, 2026 +$249k
Nov 10, 2026 $0
Nov 9, 2026 $0
Nov 6, 2026 $0

Most recent first.

Week by week, last year2 weeks
Nov 11, 2026 +$249k 3 days
Nov 6, 2026 $0 1 day

Net flow into DACL each week, Nov 6, 2026 to Nov 11, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.

Month by month, money in and money outNov 2026

DACL, net flow each month from Nov 2026 to Nov 2026: money came in in 1 month and went out in 0 months.

MonthInOutNet
Nov 2026 ETFIQ, the sum of its days, Nov 6 to Nov 11+$249k$0+$249k

Most recent first.

How this is computed

Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Nov 11, 2026. Last checked Nov 13, 2026.

DACL key stats

High since Aug 13, 2026, daily closes to Nov 12, 2026 (ETFIQ)$25.09 on Sep 14, 2026
Low since Aug 13, 2026, daily closes to Nov 12, 2026 (ETFIQ)$24.92 on Nov 6, 2026
Close on Nov 12, 2026, within that range (ETFIQ)$24.94, 14% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

DACL return of capital and tax

Return of capital, latest notice (REX estimate, Oct 21, 2026)57.4%
Return of capital, distributions paid Sep 16, 2026 to Oct 21, 2026 (REX estimates)66.9%
Notices behind that number2 of 2 distributions
Return of capital, annual reportnot yet filed
Estimates are REX’s Rule 19a-1 notices, made before the fund year closes. Not tax advice. What a 19a-1 estimate is · Income ETFs by return of capital

Trading

as of Nov 11, 2026
Trading · DACLas of Nov 11, 2026
·
Not scored1 of 6 measured · Nov 11, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$0.400.04%
$10,000$4.000.04%
Premium or discount to NAV, Nov 11 close+0.04%
−0.3%95% of days within ±0.20% · the 1% band is off this scale+0.3%
How to tradeLimit: midpoint + 1¢ to buy, midpoint − 1¢ to sell.At the Nov 11 close of $24.95, that’s $24.96 to buy and $24.94 to sell.
Full trading page: components, premium history, dealers →

DACL for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
DACL interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

DACL is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work
$0.14
$0.14
Sep 2026Not established, per shareOct 2026
Latest
$0.1438
Ex Oct 20, 2026 · paid about 2 days later
Annualized
6.9%
At its price on Nov 12, 2026
Since launch, Aug 13, 2026, at today’s price
1.1%
2 payments, ex Sep 15, 2026 to Oct 20, 2026: $0.2822
Return of capital
57.4%
Latest payout (REX estimate)
Next, projected

DACL pays on no established schedule. The last distribution was $0.1438 a share, which went ex on Oct 20, 2026, with payment about 2 days later.

Every income ETF going ex-dividend in the next 14 days →
Every distribution ETFIQ holds for DACL (2, most recent first)
Oct 20, 2026$0.1438
Sep 15, 2026$0.1384

Cash distributions per share for DACL. Source: ETFIQ from Tiingo end-of-day distributions.

Source: ETFIQ, from Tiingo end-of-day distributions.

About DACL

Strategyautocallable
BenchmarkNot set
How the benchmark is set (ETFIQ)ETFIQ sets no benchmark for it. DACL has no published holdings, and its prospectus names no one reference, so none could be read.
Paysnot established
Net assets (issuer page, as of Nov 11, 2026)$7.2mReport
Latest payout, annualized (ETFIQ)6.9%
Expense ratio (497 XBRL, Sep 25, 2026)0.65%Report
Cash paid, since launch, Aug 13, 2026, over today’s price (ETFIQ)1.1%
First tradedAug 13, 2026
Return of capital, latest distribution (REX 19a-1 estimate)57.4%
Payson no established schedule
Typical wait from ex-date to payment2 days
Last paid, per share$0.1438 ex Oct 20, 2026
Cash paid in the 12 months to Nov 12, 2026, 2 distributions, ex Sep 15, 2026 to Oct 20, 2026$0.2822
Promise checkNot measured. It paid no cash over a year, or since a launch at least six months back.
How we measure
Every number 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. Method

Questions people ask about DACL

How much has DACL paid since it launched?
Over the period from its first trade on Aug 13, 2026 to Nov 12, 2026, DACL paid 1.1% of its starting price in cash distributions, while the price fell 0.3%.
How often does DACL pay, and how much?
DACL pays on no established schedule. The latest distribution annualizes to 6.9% at its price on Nov 12, 2026, which is not a promise; the next one can differ.
Is the DACL distribution return of capital?
REX estimates 57% of the distribution paid Oct 21, 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 DACL next pay a distribution?
DACL pays on no established schedule. The last distribution went ex on Oct 20, 2026 at $0.1438 a share.
What does DACL cost?
The prospectus expense ratio is 0.65% a year.
How much of DACL’s distribution is return of capital?
REX’s Rule 19a-1 notice estimates 57.4% of the distribution paid Oct 21, 2026 was return of capital. Across its notices for distributions paid Sep 16, 2026 to Oct 21, 2026, the estimate is 66.9%. Estimates come before the fund year closes and often change.
Sources and dates
Prices, DACLTiingo end-of-day · Nov 12, 2026
Fee, 0.65%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $7.2mIssuer page · Nov 11, 2026
Return of capitalREX 19a-1 distribution notice ↗
DistributionsTiingo end-of-day · 2 payments
All fund filingsFund filings on SEC EDGAR ↗
IssuerREX page for DACL ↗
REX 19a-1 distribution notice ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, DACL, income ETFs, data as of Nov 12, 2026. https://etfiq.com/funds/dacl

The payout bar for DACL, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Total return
Price change plus every distribution reinvested on the day it went ex-dividend. This is what you actually ended up with, and the only fair basis for comparing with an index.
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
Total return minus benchmark total return, in percentage points. A fund can pay 12% a year and still be behind by 10 points if its price fell while the index rose.
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
The fund owns the stocks and sells call options on them, collecting premium and giving up gains above the strike. Synthetic covered call funds hold options instead of the stocks. 0DTE funds sell options that expire the same day.
Autocallable
A fund that pays a coupon and can be called away early, on dates set when it launched. If it is called, you get your money back with the coupon and the run ends. If it is not, it runs on to the next date.
Barrier
The level the underlying has to stay above for you to be repaid in full. A barrier is not a buffer. A buffer takes the first slice of a fall for you; a barrier takes none of it once it breaks, so below it you take the whole fall rather than only the part past it.
Full definitions: income ETFs vocabulary page. →
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DACL: DACL since launch: paid 1.1%, price −0.3%, total +0.8%, not measured against a benchmark. Data to Nov 12, 2026.
<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/income/dacl/" title="DACL: DACL since launch: paid 1.1%, price −0.3%, total +0.8%, not measured against a benchmark. Data to Nov 12, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">DACL: DACL since launch: paid 1.1%, price −0.3%, total +0.8%, not measured against a benchmark. Data to Nov 12, 2026. Data: <a href="https://etfiq.com/funds/dacl">ETFIQ</a></figcaption>
</figure>

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Snapshot, Nov 12, 2026. More on the tabs above.