REX WMT Growth & Income ETF (WMTI)

The REX WMT Growth & Income ETF is a single-stock options income fund from REX Shares that is built around Walmart Inc. (WMT), the Bentonville, Arkansas-based retailer.

The fund seeks to provide exposure to Walmart's share price while generating income by writing covered call options on a portion of its exposure. By leaving part of the position uncovered, the strategy aims to retain some participation in the stock's price gains while collecting option premiums that fund regular distributions.

Because it is tied to a single company, the fund's performance depends heavily on Walmart stock, adjusted for the effects of the options strategy.