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RYLD vs IWM

Global X Russell 2000 Covered Call ETF vs iShares Russell 2000 ETF

RYLD

Global X Russell 2000 Covered Call ETF

Global X Funds

Annual cost

0.60%

Fund size

$1.3B

IWM

iShares Russell 2000 ETF

iShares

Annual cost

0.19%

Fund size

$76.9B

Key differences

  • IWM costs 0.41% less per year.
  • IWM is significantly larger than RYLD — larger funds tend to be more liquid and less likely to close.
  • RYLD is classified as alternative, while IWM is equity — different risk/return profiles.
  • RYLD follows a option income strategy; IWM uses index tracking.
  • Over the last 3 years, IWM has delivered higher annualized returns.
  • IWM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RYLDIWM
Annual cost (TER)0.60%0.19%
Fund size (AUM)$1.3B$76.9B
Since20192000
Dividend yield11.85%0.91%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+23.1%+41.8%
CAGR 3Y+7.4%+18.8%
CAGR 5Y+2.8%+6.5%
Sharpe 3Y0.350.75
Volatility 1Y10.82%19.22%
Max drawdown-41.52%-41.13%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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