CWII was created on 2025-11-04 by REX Shares. The fund's investment portfolio concentrates primarily on information technology equity. CWII seeks to provide weekly distributions through a synthetic covered call strategy on CoreWeave, Inc. (NASDAQ: CRWV), while also aiming for 105% to 150% of CRWVs daily share price performance. CRWV is a cloud-computing company that specializes in high-performance GPU infrastructure for AI and high-compute workloads.