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Global X Russell 2000 Covered Call & Growth ETF (R...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US37960A7761
Issuer
Global X
Inception Date
Oct 4, 2022
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Cboe Russell 2000 Half BuyWrite Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Blend

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 & 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.


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S&P 500 Index

Returns By Period

Global X Russell 2000 Covered Call & Growth ETF (RYLG) has returned 0.64% so far this year and 18.22% over the past 12 months.


Global X Russell 2000 Covered Call & Growth ETF

1D
2.64%
1M
-4.29%
YTD
0.64%
6M
4.08%
1Y
18.22%
3Y*
9.48%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 5, 2022, RYLG's average daily return is +0.04%, while the average monthly return is +0.70%. At this rate, your investment would double in approximately 8.3 years.

Historically, 57% of months were positive and 43% were negative. The best month was Nov 2024 with a return of +8.1%, while the worst month was Mar 2025 at -5.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, RYLG closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +8.8%, while the worst single day was Apr 3, 2025 at -5.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.74%1.37%-4.29%0.64%
20252.70%-3.87%-5.68%-2.67%3.00%4.61%0.67%5.52%1.95%2.68%0.56%0.16%9.39%
2024-2.86%3.95%3.31%-4.73%2.81%-0.83%6.73%-0.65%0.53%-0.25%8.08%-5.07%10.57%
20236.81%-0.78%-5.18%-0.58%-0.20%5.38%3.77%-3.78%-4.09%-5.66%6.62%7.04%8.33%
20221.61%1.55%-4.60%-1.56%

Benchmark Metrics

Global X Russell 2000 Covered Call & Growth ETF has an annualized alpha of -6.38%, beta of 0.92, and R² of 0.70 versus S&P 500 Index. Calculated based on daily prices since October 06, 2022.

  • This ETF participated in 110.77% of S&P 500 Index downside but only 71.48% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -6.38% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • With beta of 0.92 and R² of 0.70, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
-6.38%
Beta
0.92
0.70
Upside Capture
71.48%
Downside Capture
110.77%

Expense Ratio

RYLG has an expense ratio of 0.35%, placing it in the medium range.


Return for Risk

Risk / Return Rank

RYLG ranks 52 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.


RYLG Risk / Return Rank: 5252
Overall Rank
RYLG Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
RYLG Sortino Ratio Rank: 5151
Sortino Ratio Rank
RYLG Omega Ratio Rank: 5151
Omega Ratio Rank
RYLG Calmar Ratio Rank: 5050
Calmar Ratio Rank
RYLG Martin Ratio Rank: 6060
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

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


RYLGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.93

0.90

+0.04

Sortino ratio

Return per unit of downside risk

1.43

1.39

+0.04

Omega ratio

Gain probability vs. loss probability

1.20

1.21

-0.01

Calmar ratio

Return relative to maximum drawdown

1.35

1.40

-0.05

Martin ratio

Return relative to average drawdown

6.15

6.61

-0.46

Explore RYLG risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Global X Russell 2000 Covered Call & Growth ETF provided a 11.35% dividend yield over the last twelve months, with an annual payout of $2.48 per share.


5.00%10.00%15.00%20.00%$0.00$1.00$2.00$3.00$4.00$5.002022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$2.48$2.39$5.35$1.46$1.08

Dividend yield

11.35%10.82%23.73%5.78%4.36%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.15$0.14$0.18$0.46
2025$0.13$0.11$0.14$0.16$0.13$0.13$0.13$0.14$0.13$0.18$0.22$0.79$2.39
2024$0.15$0.16$0.16$0.15$0.14$0.12$0.17$0.18$0.15$0.19$0.19$3.60$5.35
2023$0.13$0.13$0.12$0.12$0.11$0.13$0.13$0.12$0.12$0.11$0.12$0.12$1.46
2022$0.13$0.13$0.82$1.08

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Russell 2000 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 Russell 2000 Covered Call & Growth ETF was 22.37%, occurring on Apr 8, 2025. Recovery took 107 trading sessions.

The current Global X Russell 2000 Covered Call & Growth ETF drawdown is 5.75%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.37%Nov 26, 202490Apr 8, 2025107Sep 11, 2025197
-14.28%Feb 3, 2023185Oct 27, 202340Dec 26, 2023225
-8.2%Aug 1, 20243Aug 5, 202432Sep 19, 202435
-8.18%Feb 27, 202622Mar 30, 2026
-6.85%Dec 5, 202217Dec 28, 202219Jan 26, 202336

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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