PortfoliosLab logo
Global X Russell 2000 Covered Call ETF (RYLD)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37954Y4594

CUSIP

37954Y459

Issuer

Global X

Inception Date

Apr 17, 2019

Region

North America (U.S.)

Category

Hedge Fund

Leveraged

1x

Index Tracked

CBOE Russell 2000 BuyWrite Index

Asset Class

Multi-Asset

Asset Class Size

Micro-Cap

Asset Class Style

Blend

Expense Ratio

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


Share Price Chart


Loading data...

Compare to other instruments

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


Performance

Performance Chart


Loading data...

Returns By Period

Global X Russell 2000 Covered Call ETF (RYLD) returned -6.71% year-to-date (YTD) and -0.17% over the past 12 months.


RYLD

YTD

-6.71%

1M

3.22%

6M

-7.41%

1Y

-0.17%

5Y*

7.52%

10Y*

N/A

^GSPC (Benchmark)

YTD

0.19%

1M

9.00%

6M

-1.55%

1Y

12.31%

5Y*

15.59%

10Y*

10.78%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.38%-2.11%-4.97%-3.05%1.04%-6.71%
2024-1.46%2.05%3.52%-2.51%0.70%-0.48%2.26%0.64%0.94%0.01%5.43%-1.16%10.13%
20233.82%-0.03%-5.17%1.07%0.17%2.45%1.67%-2.54%-1.94%-4.74%4.34%1.72%0.28%
2022-5.66%2.78%3.67%-6.15%-2.68%-2.64%4.18%-4.97%-6.59%7.32%0.93%-2.87%-13.03%
20210.53%5.24%4.71%3.38%2.00%2.90%-0.86%1.66%-0.47%2.33%-2.88%1.92%22.13%
2020-3.45%-7.15%-23.14%7.32%8.30%0.85%5.37%3.03%0.73%0.16%10.42%1.95%-0.44%
20190.86%-3.75%6.79%2.19%-2.81%0.67%2.20%1.91%0.89%8.92%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of RYLD is 15, meaning it’s performing worse than 85% 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 RYLD is 1515
Overall Rank
The Sharpe Ratio Rank of RYLD is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of RYLD is 1515
Sortino Ratio Rank
The Omega Ratio Rank of RYLD is 1515
Omega Ratio Rank
The Calmar Ratio Rank of RYLD is 1515
Calmar Ratio Rank
The Martin Ratio Rank of RYLD is 1515
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 Russell 2000 Covered Call ETF (RYLD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Global X Russell 2000 Covered Call ETF Sharpe ratios as of May 15, 2025 (values are recalculated daily):

  • 1-Year: -0.01
  • 5-Year: 0.51
  • All Time: 0.16

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Global X Russell 2000 Covered Call ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Loading data...

Dividends

Dividend History

Global X Russell 2000 Covered Call ETF provided a 13.22% dividend yield over the last twelve months, with an annual payout of $1.93 per share.


6.00%8.00%10.00%12.00%14.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.50201920202021202220232024
Dividends
Dividend Yield
PeriodTTM202420232022202120202019
Dividend$1.93$1.97$2.12$2.54$3.01$2.43$1.64

Dividend yield

13.22%12.03%12.64%13.49%12.35%10.76%6.43%

Monthly Dividends

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.17$0.16$0.15$0.14$0.00$0.63
2024$0.17$0.16$0.17$0.16$0.17$0.16$0.16$0.16$0.16$0.17$0.17$0.17$1.97
2023$0.20$0.20$0.18$0.18$0.16$0.18$0.18$0.17$0.17$0.16$0.17$0.17$2.12
2022$0.22$0.23$0.24$0.23$0.21$0.20$0.21$0.21$0.20$0.19$0.20$0.19$2.54
2021$0.23$0.24$0.24$0.25$0.25$0.25$0.25$0.25$0.25$0.25$0.25$0.31$3.01
2020$0.20$0.24$0.16$0.18$0.19$0.19$0.20$0.21$0.21$0.21$0.22$0.23$2.43
2019$0.23$0.22$0.14$0.25$0.21$0.17$0.25$0.17$1.64

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.


Loading data...

Worst Drawdowns

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 12.95%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-41.53%Feb 21, 202019Mar 18, 2020204Jan 7, 2021223
-21.32%Nov 22, 2021847Apr 8, 2025
-5.29%Jul 31, 201912Aug 15, 201951Oct 28, 201963
-4.66%Jan 17, 202010Jan 31, 20209Feb 13, 202019
-4.46%Apr 29, 202110May 12, 20218May 24, 202118

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...