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
Stocks81.59%
Finance17.07%
Health Technology8.99%
Technology Services7.62%
Electronic Technology6.58%
Producer Manufacturing6.24%
Industrial Services3.85%
Energy Minerals3.30%
Commercial Services2.92%
Retail Trade2.72%
Consumer Services2.70%
Process Industries2.48%
Consumer Durables2.46%
Consumer Non-Durables2.39%
Utilities2.10%
Transportation1.87%
Non-Energy Minerals1.79%
Distribution Services1.44%
Health Services1.32%
Communications0.34%
Miscellaneous0.13%
Bonds, Cash & Other18.41%
ETF21.46%
Cash1.14%
Miscellaneous0.00%
Rights & Warrants−4.19%
Stock breakdown by region
North America99.84%
Europe0.16%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history