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Global X Health Care Covered Call & Growth ETF (HY...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37960A7506

Issuer

Global X

Inception Date

Nov 21, 2022

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Cboe S&P Health Care Select Sector Half BuyWrite Index - Benchmark TR Gross

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

HYLG features an expense ratio of 0.60%, falling within the medium range.


Expense ratio chart for HYLG: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
HYLG vs. IHI HYLG vs. SCHG HYLG vs. JEPI HYLG vs. XLV HYLG vs. FTHI HYLG vs. XLVP.L HYLG vs. SCHD
Popular comparisons:
HYLG vs. IHI HYLG vs. SCHG HYLG vs. JEPI HYLG vs. XLV HYLG vs. FTHI HYLG vs. XLVP.L HYLG vs. SCHD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Global X Health Care Covered Call & Growth ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
5.55%
46.67%
HYLG (Global X Health Care Covered Call & Growth ETF)
Benchmark (^GSPC)

Returns By Period

Global X Health Care Covered Call & Growth ETF had a return of 0.76% year-to-date (YTD) and 1.83% in the last 12 months.


HYLG

YTD

0.76%

1M

-3.06%

6M

-4.45%

1Y

1.83%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

Monthly Returns

The table below presents the monthly returns of HYLG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.42%2.28%2.04%-4.08%1.16%2.08%2.23%3.48%-1.05%-3.32%0.10%0.76%
2023-1.23%-3.05%1.72%2.30%-3.11%3.76%0.80%0.27%-2.17%-2.49%4.61%2.91%4.00%
20221.37%-0.63%0.73%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of HYLG is 16, meaning it’s performing worse than 84% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of HYLG is 1616
Overall Rank
The Sharpe Ratio Rank of HYLG is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of HYLG is 1414
Sortino Ratio Rank
The Omega Ratio Rank of HYLG is 1616
Omega Ratio Rank
The Calmar Ratio Rank of HYLG is 1818
Calmar Ratio Rank
The Martin Ratio Rank of HYLG is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Global X Health Care Covered Call & Growth ETF (HYLG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for HYLG, currently valued at 0.28, compared to the broader market0.002.004.000.281.90
The chart of Sortino ratio for HYLG, currently valued at 0.42, compared to the broader market-2.000.002.004.006.008.0010.000.422.54
The chart of Omega ratio for HYLG, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.001.061.35
The chart of Calmar ratio for HYLG, currently valued at 0.23, compared to the broader market0.005.0010.0015.000.232.81
The chart of Martin ratio for HYLG, currently valued at 0.83, compared to the broader market0.0020.0040.0060.0080.00100.000.8312.39
HYLG
^GSPC

The current Global X Health Care Covered Call & Growth ETF Sharpe ratio is 0.28. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X Health Care Covered Call & Growth ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.28
1.90
HYLG (Global X Health Care Covered Call & Growth ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X Health Care Covered Call & Growth ETF provided a 7.35% dividend yield over the last twelve months, with an annual payout of $1.74 per share.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%$0.00$0.50$1.00$1.5020222023
Dividends
Dividend Yield
PeriodTTM20232022
Dividend$1.74$1.71$0.13

Dividend yield

7.35%6.98%0.50%

Monthly Dividends

The table displays the monthly dividend distributions for Global X Health Care Covered Call & Growth ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.12$0.10$0.11$0.10$0.10$0.08$0.11$0.13$0.09$0.11$0.10$0.00$1.15
2023$0.13$0.12$0.12$0.08$0.10$0.09$0.10$0.10$0.09$0.09$0.09$0.59$1.71
2022$0.13$0.13

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.24%
-3.58%
HYLG (Global X Health Care Covered Call & Growth ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Health Care Covered Call & Growth ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Health Care Covered Call & Growth ETF was 10.24%, occurring on Dec 18, 2024. The portfolio has not yet recovered.

The current Global X Health Care Covered Call & Growth ETF drawdown is 10.24%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.24%Sep 17, 202466Dec 18, 2024
-7.88%Dec 15, 202258Mar 10, 202390Jul 20, 2023148
-6.75%Aug 15, 202353Oct 27, 202332Dec 13, 202385
-5.2%Apr 1, 202414Apr 18, 202458Jul 12, 202472
-2.45%Aug 2, 20244Aug 7, 20244Aug 13, 20248

Volatility

Volatility Chart

The current Global X Health Care Covered Call & Growth ETF volatility is 3.05%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.05%
3.64%
HYLG (Global X Health Care Covered Call & Growth ETF)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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