Key stats
About Global X Russell 2000 Covered Call ETF
Expense ratio
0.60%
Home page
Inception date
Apr 17, 2019
RYLD tracks the Russell 2000 index while holding a succession of one-month at-the-money option of the index. The fund follows a buy-write (or covered call) strategy on the underlying index, where it buys the constituent securities of the index, or purchases other investments with substantially identical economic characteristics. At the same time, the fund writes (or sells) call options that correspond to the index. This strategy has a few effects. One, the obligation of the sold calls limits the upside of the overall fund, and two, the premium income from the written calls protects the fund against stagnant prices or small losses.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
ETF
Stocks54.59%
Finance11.58%
Health Technology6.53%
Technology Services5.30%
Electronic Technology4.66%
Producer Manufacturing4.20%
Industrial Services2.70%
Energy Minerals2.05%
Retail Trade2.04%
Commercial Services1.94%
Consumer Services1.86%
Consumer Non-Durables1.74%
Process Industries1.72%
Consumer Durables1.72%
Utilities1.44%
Transportation1.37%
Non-Energy Minerals1.23%
Health Services0.99%
Distribution Services0.98%
Communications0.25%
Miscellaneous0.10%
Bonds, Cash & Other45.41%
ETF45.60%
Cash0.14%
Miscellaneous0.00%
Rights & Warrants−0.34%
Stock breakdown by region
North America99.88%
Europe0.12%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history