REX Launches DACL ETF With Laddered Autocallable Income Strategy

REX Shares has launched the REX Defensive Autocallable Income ETF (DACL), offering exposure to a laddered portfolio of synthetic autocallable contracts. The strategy adds a new contract each trading day, with individual positions capped at 2.5%, creating exposure across different strike dates, observation periods and maturities. Contracts can generate coupons when predefined barriers are met and incorporate a downside risk buffer, while the reference index dynamically adjusts equity exposure using a volatility target. DACL’s systematic laddering aims to diversify timing risk while providing an income-oriented, defensive approach to equity market exposure.