Global X Russell 2000 Covered Call ETF (RYLD)
RYLD is a passive ETF by Global X tracking the investment results of the CBOE Russell 2000 BuyWrite Index. RYLD launched on Apr 17, 2019 and has a 0.60% expense ratio.
ETF Info
| ISIN | US37954Y4594 |
|---|---|
| CUSIP | 37954Y459 |
| Issuer | Global X |
| Inception Date | Apr 17, 2019 |
| Region | North America (U.S.) |
| Category | Hedge Fund |
| Index Tracked | CBOE Russell 2000 BuyWrite Index |
| Home Page | www.globalxetfs.com |
| Asset Class | Multi-Asset |
Asset Class Size | Micro-Cap |
Asset Class Style | Blend |
Expense Ratio
The Global X Russell 2000 Covered Call ETF has a high expense ratio of 0.60%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
Global X Russell 2000 Covered Call ETF had a return of 1.52% year-to-date (YTD) and 2.53% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.52% | 6.12% |
| 1 month | -0.50% | -1.08% |
| 6 months | 4.36% | 15.73% |
| 1 year | 2.53% | 22.34% |
| 5 years (annualized) | N/A | 11.82% |
| 10 years (annualized) | N/A | 10.53% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.46% | 2.05% | 3.52% | |||||||||
| 2023 | -1.94% | -4.74% | 4.34% | 1.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Global X Russell 2000 Covered Call ETF(RYLD)
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.
Dividends
Dividend History
Global X Russell 2000 Covered Call ETF granted a 12.40% dividend yield in the last twelve months. The annual payout for that period amounted to $2.04 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $2.04 | $2.12 | $2.54 | $3.01 | $2.43 | $1.64 |
Dividend yield | 12.40% | 12.64% | 13.50% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.17 | $0.16 | $0.17 | |||||||||
| 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 |
| 2022 | $0.22 | $0.23 | $0.24 | $0.24 | $0.21 | $0.20 | $0.21 | $0.21 | $0.20 | $0.20 | $0.20 | $0.19 |
| 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 |
| 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 |
| 2019 | $0.23 | $0.22 | $0.14 | $0.25 | $0.21 | $0.17 | $0.25 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 13.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.53% | Feb 21, 2020 | 19 | Mar 18, 2020 | 204 | Jan 7, 2021 | 223 |
| -21.27% | Nov 22, 2021 | 486 | Oct 27, 2023 | — | — | — |
| -5.29% | Jul 31, 2019 | 12 | Aug 15, 2019 | 51 | Oct 28, 2019 | 63 |
| -4.66% | Jan 17, 2020 | 10 | Jan 31, 2020 | 9 | Feb 13, 2020 | 19 |
| -4.46% | Apr 29, 2021 | 10 | May 12, 2021 | 8 | May 24, 2021 | 18 |
Volatility
Volatility Chart
The current Global X Russell 2000 Covered Call ETF volatility is 2.62%, 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.