Global X Russell 2000 Covered Call ETF (RYLD)

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The chart shows the growth of an initial investment of $10,000 in Global X Russell 2000 Covered Call ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Global X Russell 2000 Covered Call ETF (RYLD) has returned 0.70% so far this year and 11.70% over the past 12 months.

Based on dividend-adjusted daily data since Apr 22, 2019, RYLD's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +10.4%, while the worst month was Mar 2020 at -23.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.

On a daily basis, RYLD closed higher 55% of trading days. The best single day was Mar 19, 2020 with a return of +9.1%, while the worst single day was Mar 16, 2020 at -11.9%.

Global X Russell 2000 Covered Call ETF has an annualized alpha of -3.63%, beta of 0.70, and R² of 0.65 versus S&P 500 Index. Calculated based on daily prices since April 23, 2019.

• This ETF participated in 81.56% of S&P 500 Index downside but only 56.20% of its upside — more exposed to losses than it benefited from rallies.
• This ETF had an annualized alpha of -3.63% versus S&P 500 Index — delivering less than market exposure alone would predict.

RYLD has an expense ratio of 0.60%, placing it in the medium range.

RYLD ranks 40 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Global X Russell 2000 Covered Call ETF (RYLD) and compare them to a chosen benchmark (S&P 500 Index).

Global X Russell 2000 Covered Call ETF provided a 12.14% dividend yield over the last twelve months, with an annual payout of $1.81 per share.

The table displays the monthly dividend distributions for Global X Russell 2000 Covered Call ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Global X Russell 2000 Covered Call 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 Russell 2000 Covered Call ETF was 41.53%, occurring on Mar 18, 2020. Recovery took 204 trading sessions.

The current Global X Russell 2000 Covered Call ETF drawdown is 4.31%.

The chart below shows the rolling one-month volatility.