RYLD — Global X Russell 2000 Covered Call ETF

RYLD Price Performance — Growth of $10,000

Value of a $10,000 investment in RYLD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

RYLD Drawdown

The "underwater" chart: RYLD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

Global X Funds issues the Global X Russell 2000 Covered Call ETF, a $1.32 billion fund graded C with an overall rank of 283 out of 458 tracked ETFs. It sits eighth among ten peers in the Covered Call / Income category, carrying an expense ratio of 0.6% which matches the category median. The fund offers a dividend yield of 12.31%, slightly above the category median of 11.79%. Its portfolio is concentrated in the Global X Russell 2000 ETF, which comprises 100.9% of its largest position and accounts for 99.9% of total assets.

The ETF has delivered a 1-year return of 12.09%, trailing the category median of 13.14%. Short-term performance shows a divergence, with a 1-month decline of 1.23% contrasting against a 6-month gain of 4.97%. Year-to-date, the fund is up 8.65%, while the 3-year return stands at 36.28%. The current price of $15.18 places it at 30.6% of its 52-week range. The ETFValuer grade has remained unchanged at C over the last 35 tracked days, based on 3.0 years of available price history.

With a beta of 0.55, the fund exhibits lower sensitivity to market movements compared to the broader market. Annualized volatility is recorded at 10.30%, labeled as Low, while the maximum drawdown reached -19.05%. A Sharpe ratio of 0.69 indicates the risk-adjusted return profile over the measured period. Liquidity is supported by an average daily volume of 494,603 shares. These metrics collectively describe the historical behavior of the fund's price stability and trading activity.

AI-generated summary based on the data on this page.

RYLD Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 8 holdings make up 99.9% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how RYLD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With RYLD

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with RYLD's top 10 — PDBC overlaps most, holding 1 of the same companies as RYLD's top 10 (-1.0% of RYLD's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

RYLD Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 495K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $1.32B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: RYLD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

RYLD Performance History

How RYLD Compares to Other Covered Call / Income ETFs