RexShares is liquidating many of their Growth and Income ETFs: MSII, CWII, HOII, LLII, PLTI, and GIF

Added: 2026-05-28

[00:00:01]Hi, my name is Amy. Thank you very much for watching and let's make some better financial decisions together. This is for entertainment purposes only. So, if you're entertained, please like and subscribe. I would really appreciate that.

[00:00:13]So, today I'd really love to thank the Ambassador Quan. You did me a solid. You alerted me to the fact that there is a breaking announcement about Rexhares.

[00:00:24]They are closing several of their growth and income ETFs and that's what we're going to talk about today. But first I'd like to let you know that I am the owner of yieldmight.com. I do receive avenue revenue from that website, but this video is not sponsored. Although we are going to talk about Dividend Visions, I do have an affiliate link with them. It is BFD 20, so you can get 20% off, but talk about that in a little bit, too.

[00:00:49]So, um they are liquidating on June 16th their Coinbase Core Weave, Hood, Eli Lilly, Strategy, Palantir, and their Growth and Income Universe ETF, which I believe I just did a video on GIF because it just came out. It like I didn't know that it you know Okay, what when did it come out? It feels like it came out last week.

[00:01:22]Usually they allow these type of things to be open for a year or two just to see is it going to catch on?

[00:01:32]Well, the expense ratio is 1.23%.

[00:01:35]That's a little expensive for what it is.

[00:01:38]Um Inception.

[00:01:43]Yeah, so it was only in February.

[00:01:46]Uh so it is a baby fund, okay?

[00:01:51]But the thing that really happened with this is it got really volatile in the market. It was not a risk-on environment. And so people really got out of these leveraged single stock ETFs. So, can't really blame Rex Shares. It's a shame cuz I believe that maybe you know, next year after the midterm elections and with the anticipation of the having, I think people might feel more risk-on and you know, the environment might change a little bit. And so having things I really thought that these were good ideas with, you know, half in and then half in leveraged income.

[00:02:41]But or half of it's in the underlying, half of it is in leveraged income. But you can achieve the same thing on your own where you can do leveraged of the underlying something or other and then own the actual underlying.

[00:03:00]So, I don't know why this is refreshing like that.

[00:03:05]But um this is the dividendvision.com MS 2 page.

[00:03:13]And I didn't realize that there was a feature like this before, but in this chart here, you can also click on total return.

[00:03:21]And they have a slider thing here.

[00:03:25]So, you can actually look for yourself and see what is the total return looking like. And I find this amusing and informative.

[00:03:37]And I really wish you know, MS 2 did not look like the biggest yield trap in the world. Like if you looked at the definition of yield trap, this is what they show you where it's, you know, $26, [snorts] $28 up here.

[00:03:54]And then it is $7 right now.

[00:03:59]And so, this is OVL.

[00:04:02]>> [snorts] >> And if you want to, we can do the max. We can do total return.

[00:04:08]And you can see here that at 100% it's practically the same thing over here.

[00:04:15]And then it because there was a dip at some point, it diverged and now if you reinvest, your total return is much more than if you're looking at, you know, over the entirety of everything.

[00:04:35]But you can see where like your total return will be more, but you know, you you don't have to um I think what I'm trying to say is that I just think that it's interesting to to see that the visualization of the difference between if I am reinvesting just a little bit, can I get like how much more am I going to get in my total return?

[00:05:11]And for me, if you can find like a time period where it went down and then you're looking to see like did reinvesting more when it went down is that more helpful or less? I really wish that this also had um comparison to the underlying.

[00:05:35]Or you can just choose the S&P 500 because I would really love to have the price of the S&P 500 in scale with this just so that we can see like how how much of this that I have to reinvest to be in line with the S&P 500. Um not that this is a back test or did you know conclusive or um for anything other than entertainment, but I just want to let you know that this total return here is in this chart on dividend dividend vision and that is something that you can use and that you can look at the information from single tickers where it has um the blurb from it, the name, what's the underlying asset, when was it um first made and then expense ratio which that was a very high expense ratio.

[00:06:36]Um and yeah, it does have the assets under management which it did have $4 million under management, but if they don't want to support anymore, then they don't want to support it anymore.

[00:06:50]And so they also have a curated list of um related um videos on Rex shares and stuff on the page.

[00:07:01]Which none of us have been covering MSTU because it hasn't been a bull run for strategy and so um I actually looked at my Robinhood accounts and I don't have any of these uh leveraged funds in my Robinhood account, but I just checked my HSA.

[00:07:21]I do have MSTU. So you have until June 16th to um get out of it.

[00:07:31]And so if you don't get out of it by June 16th, it'll freeze the trading, then eventually get liquidated and you'll get your money back. And that's what happens when ETFs are discontinued.

[00:07:48]So, I think they are Well, still have the Tesla one.

[00:07:54]Um the Robinhood one, and the Walmart one.

[00:08:01]But other than that, your Monday declaration date ones are now Top W from Roundhill, which they changed their strategy, so it is just the top 25 companies, I believe.

[00:08:14]Um just the ones that they have that of the top 525 [snorts] companies in the large caps.

[00:08:22]And then we have from YieldMax, we have their MSST test and NVIT, which those are the target 25% ones, so you get more price appreciation, especially in these down markets, like you don't get absolutely hammered. So, the biggest risk, well, one of the bigger risks with leveraged and these newer funds is, you know, if we're not in a risk-on environment, and you're losing your NAV every week or whatever long it is, people will get out of it because there's only so much pain the average person can endure with this. So, um and if there's not enough assets under management, they'll no longer support it, and then the ETF closes.

[00:09:20]So, um hopefully you only had an appropriate portion in this of this, um as a part of your overall strategy strategy. So, [snorts] um I have like 30 shares or something in my HSA.

[00:09:39]So, as soon as the market opens tomorrow, I will go ahead and sell out of those shares because uh something that does happen with these liquidation um events is people will come in and buy those shares. Like there's liquidation houses and they'll actually specifically buy the ETFs and wait until they're actually liquidated and get the money.

[00:10:11]So, we'll see how that works and I hope that because this was announced on May 20th, but today is May 26th, so it took me almost a week to become aware of this. So, maybe I'll be able to sell my own shares before um it completely loses all the value that it already has.

[00:10:42]It stays in the $7 um >> [snorts] >> range for tomorrow.

[00:10:47]And then hopefully you're seeing this and you're able to get out of your um whatever you wanted to whatever you were in before that's not going to be a thing. Hopefully you'll be able to get out of those, too.

[00:11:00]I just um I'm very uh not confused, but they just launched GIF if they were going to liquidate these things and they knew about it and they they thought they were going to do it, why would they launch the universe one just for it to um be closed 2 months later. That doesn't make too much sense to me, but I think that maybe having only two or three ETFs left after they close the closing the majority of these is not uh a good look for them.

[00:11:36]But also, they do have good news for Rex Shares.

[00:11:41]They are um Well, I like ULTI. ULTI's I think is doing pretty well.

[00:11:49]But their AIPI, FEPI, and SEPI, these are moving to be weekly soon. I think next week. So, um I think that SEPI, AIPI, are not as high like they don't have as high of a distribution rate. SEPI has like a 40% distribution rate, AIPI 34%, and FEPI is 25%.

[00:12:15]And so, I think these were better able to um last through this bear market that happened since, you know, October to March.

[00:12:27]And AIPI and FEPI benefited from being one of the early ETFs that were available at the time.

[00:12:34]And so, they had a lot of assets under management and since they've been doing pretty well, people haven't been um inspired to leave it for something else.

[00:12:45]So, um I do think that Rex Shares is cleaning house and they're totally able to do that. And I'm actually a little surprised they still have MS too in the portfolio, but that's fine.

[00:12:59]And so, what's happening with Yield MAX is until they have their last trading day, it'll be on here.

[00:13:08]And then um I'll mark them as inactive and they won't be here anymore.

[00:13:15]So, um anyways, did you have any of these ETFs?

[00:13:21]And where are you going to put the money that you uh that you are selling out of that.

[00:13:28]Anyways, um I really love to thank the members. You all are amazing and you make it so that I can make a video every day. And so, thank you so much, Joey, Cat, Michelle, Paul, CMST, Wren, Mexican Vexcity, Nikita, Christian, Lil Kay, David, Shane, Leroy, Beach Bum Automotive, An Opinion Mine, and Jetta.

[00:13:51]You all are amazing and again, if you were invested in these, when you sell them, how much were you able to get for your shares? And then, what are you planning to buy as an alternative?

[00:14:05]Um are you going to try like you old TI or top W or just put it into something uh reasonable like oval? And I'll talk to you all later.

[00:14:19]Bye.