Global X Russell 2000 Covered Call ETF
Price through Oct 1 · Flows through Aug 23. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.
The fund invests at least 80% of its total assets in component securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the Russell 2000 Index, and "writes" a succession of one-month at-the-money covered call options on the Russell 2000 Index.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN · NET −$15M OVER THIS RANGE
Recent fund-flow records are unavailable, while the price has returned +1.2% so far this year. At 0.60% a year it is not the cheapest way in — GLD has a reported fee of 0.40%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | RSSLGLOBAL X RUSSELL 2000 ETF | 102.64% | $109.53 | +0.1% | ||
| 2 | —CASH | 0.13% | — | — | — |
| 1 week | -0.5% |
| 1 month | -3.2% |
| 3 months | -3.1% |
| 6 months | +5.7% |
| YTD | +1.2% |
| 1 year | +2.5% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 102.6% of the book; the top ten carry 103%. Spread across 2+ names, it behaves like roughly 1 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat RYLD on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| SPDW State Street SPDR Portfolio Developed World ex-US ETF | 0.03% | $41.5B | +$286M | -57bp on fee · 29× the assets · +$286M in over the month | Head-to-head |
| SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | $18.2B | +$199M | -57bp on fee · 13× the assets · +$199M in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $122.8B | +$2.3B | -55bp on fee · 87× the assets · +$2.3B in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.9B | +$497M | -56bp on fee · 23× the assets · +$497M in over the month | Head-to-head |
| IJR iShares Core S&P Small-Cap ETF | 0.06% | $105.6B | +$383M | -54bp on fee · 75× the assets · +$383M in over the month | Head-to-head |