The fund invests at least 80% of its net assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index measures the performance of a covered call strategy that holds a theoretical portfolio of the underlying stocks of the Russell 2000 Index and writes (or sells) a succession of one-month ATM covered call options on the Reference Index.
Frequently asked questions
What is the Global X Russell 2000 Covered Call & Growth ETF (RYLG) expense ratio?
The Global X Russell 2000 Covered Call & Growth ETF funds expense ratio is 0.6%.
What is Global X Russell 2000 Covered Call & Growth ETF (RYLG) current stock price?
As of the latest data, Global X Russell 2000 Covered Call & Growth ETF stock price is $25.15, with a previous close of $25.11. Global X Russell 2000 Covered Call & Growth ETF gained $0.04 in the last trading session, representing a 0.16% increase.
Does Global X Russell 2000 Covered Call & Growth ETF (RYLG) pay dividends?
Yes. Global X Russell 2000 Covered Call & Growth ETF pays monthly dividends with an annualized yield of 9.55% and an estimated annual payout of $2.40 per share.
