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ATCL

GradeBNew York Stock Exchange Arca

REX Autocallable Income ETF

Option Income · Rexshares · Inception 2026-02-18 · SEC filings

$24.45−0.07 (−0.27%)

As of Sep 23, 2026, 3:03 PM EDT

History starts Feb 18, 2026.History starts Feb 18, 2026.
Intraday session: down, 10 prints from 24.52 to 24.45. Range 24.45 to 24.50. Use the arrow keys to read each point.$24.48$24.5010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$48M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
7
Volume · 30D
0M sh
NAV per share
$24.49
52W range
low $23.40high $25.38

The ETF.net ATCL Grade

B

62/ 100

Rank 8 of 24 in Other Index Option Income⁠

Confidence Medium

Six-pillar profile for ATCL. Scores out of 100: Cost 72, Risk 73, Mission not scored, Tradability 43, Holdings not scored, Durability 33. Strongest: Risk (73). Weakest: Durability (33). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 62 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 72
    Category rank7/24 · top 29%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 73
    Category rank2/23 · top 9%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 43
    Category rank14/24 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 33
    Category rank19/24 · bottom quartile

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on ATCL

ETF.net Research

BAutocallables were private-bank paper: fat conditional coupons, barriers, early call. ATCL laddered them into an ETF in 2026, aiming for monthly income around SOFR plus 10 points when barriers hold.

Stated mandate

The Fund seeks high income through a laddered portfolio of synthetic autocallable contracts tied to the Bloomberg US Large Cap VolMax Index and intends monthly distributions. Payments are conditional on predefined barriers and other income sources, and no distribution level is guaranteed.

Why people hold it

  1. 01The first ETF built purely on autocallable contracts, a payoff long sold as bespoke bank notes, now available one share at a time.rexshares.com
  2. 02The income target is a stated formula, not vibes: SOFR plus 10%, with monthly distributions intended and payments conditional on barrier levels.
  3. 030.65% expense ratio, under the median for its options-income peer group.
  4. 04Contracts are added on a rolling daily ladder, spreading strike and observation dates across many positions instead of one all-or-nothing note.rexshares.com

Worth knowing

  1. 01Coupons are contingent. Drop below a contract's coupon barrier and income can go quiet; a breach that holds to maturity puts principal at risk.rexshares.com
  2. 02The reference index dials equity exposure to hit a 40% volatility target, a far hotter engine than plain large-cap, and financing costs come out of it.bloomberg.comrexshares.com
  3. 03Exposure runs through swap contracts with a bank counterparty rather than owned stocks, and the fund has traded thinly since its 2026 launch.rexshares.com

ATCL Holdings

As of Sep 20, 2026, 9:05 AM
Asset class
Stocks
Holdings
7
Top-10 weight
203%
Largest holding
UNITED STATES TREASURY BILL 10/26 094.3%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—UNITED STATES TREASURY BILL 10/26 094.34%44,748,000$45M56
002—BMAXATCL SWAP 29JUL2753.24%3,475$25M1
003—BMAXATCL SWAP 29APR2740.26%2,628$19M1
004—BMAXATCL SWAP 29OCT2711.54%753$5M1
005TLDRTHE LADDERED T-BILL ETF4.02%76,000$2M6
006—FIRST AMERICAN GOVERNMENT OBLI FIRST AM GOV OBLIG X0.03%14,880$15K625

Showing 1–6 of 6 holdings

ATCL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ATCL$10,223
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. ATCL $10,223. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ATCL. Periods over one year show the average yearly return.
PeriodATCL
Year to dateFund launched this year—
1 month+1.0%
3 months+2.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ATCL
YearReturn barATCL
2026 YTD+5.9%

Since listing, Feb 18, 2026

ATCL in the news

ATCL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.28 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 7 payments in 2026 YTD. Mar 17, 2026 $0.28; Apr 14, 2026 $0.28; May 19, 2026 $0.29; Jun 16, 2026 $0.29; Jul 14, 2026 $0.28; Aug 18, 2026 $0.28; Sep 15, 2026 $0.28. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 16, 2026$0.28
Aug 18, 2026Aug 19, 2026$0.28
Jul 14, 2026Jul 15, 2026$0.28
Jun 16, 2026Jun 17, 2026$0.29
May 19, 2026May 20, 2026$0.29
Apr 14, 2026Apr 15, 2026$0.28
Mar 17, 2026Mar 18, 2026$0.28

ATCL Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Feb 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Feb 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Feb 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.52
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ATCL Cost

Expense ratio0.65%
  • The middle half of Other Index Option Income funds
  • Median 0.74%

5 of the 23 Other Index Option Income funds charge less.

ATCL costs $65.00 a year on $10,000. The median Other Index Option Income fund costs $74.00.