---
ticker: "ULTI"
name: "REX IncomeMax Option Strategy ETF"
url: "https://etf.net/etf/ULTI"
grade: "F"
score: 17
graded_at: "2026-10-12"
category: "Active Option Income"
category_rank: "44 of 51"
methodology: "https://etf.net/methodology"
---

# ULTI: REX IncomeMax Option Strategy ETF

Grade **F**, Score 17 of 100. Rank 44 of 51 in Active Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 8 | 47 of 51 |
| Mission | Not scored | — |
| Risk | 4 | 46 of 46 |
| Tradability | 33 | 42 of 51 |
| Holdings | 29 | 38 of 42 |
| Durability | 49 | 29 of 51 |

## Top holdings

The fund holds 62 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash & Other | 6.39% |
| 2 | MRNA | Moderna Inc | 5.06% |
| 3 | ALAB | Astera Labs Inc | 5.01% |
| 4 | CRDO | Credo Technology Group Ho | 5.00% |
| 5 | NBIS | Nebius Group NV | 4.98% |
| 6 | LITE | Lumentum Holdings Inc | 4.97% |
| 7 | FIG | Figma Inc-Cl A | 4.95% |
| 8 | SMCI | Super Micro Computer Inc | 4.90% |
| 9 | SLS | Sellas Life Sciences Group Inc | 4.90% |
| 10 | CBRS | Cerebras Systems Inc A | 4.90% |
| 11 | CRWV | Coreweave Inc | 4.90% |
| 12 | BE | Bloom Energy Corp. Class A | 4.89% |
| 13 | FPS | Forgent Power Solutions Inc | 4.89% |
| 14 | AAOI | Applied Optoelectronics Inc | 4.87% |
| 15 | HIMS | Hims Hers Health Inc Class A | 4.87% |
| 16 | TEM | Tempus Ai Inc | 4.87% |
| 17 | ASST | Strive Inc-A | 4.87% |
| 18 | FSLY | Fastly Inc. Class A | 4.86% |
| 19 | IOVA | Iovance Biotherapeutics Inc | 4.85% |
| 20 | PURR | Hyperliquid Strategies Inc | 4.85% |
| 21 | CRCL | Circle Internet Group Inc Class A | 4.85% |
| 22 | — | First American Government Obli First Am Gov Oblig X | 0.62% |
| 23 | — | Sls Us 10/16/26 C12.5 | 0.15% |
| 24 | — | Mrna Us 10/16/26 C242.5 | 0.12% |
| 25 | — | Purr Us 10/16/26 C12 | 0.10% |
| 26 | — | Sls Us 10/16/26 P10.5 | 0.08% |
| 27 | — | Fps Us 10/16/26 C42.5 | 0.08% |
| 28 | — | Fsly Us 10/16/26 P27 | 0.08% |
| 29 | — | Aaoi Us 10/16/26 P101 | 0.08% |
| 30 | — | Fsly Us 10/16/26 C32 | 0.07% |

Source: etf.net, https://etf.net/etf/ULTI. Please cite the page URL.