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RYLG vs IWO

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

RYLG

Global X Russell 2000 Covered Call & Growth ETF

Global X Funds

Annual cost

0.35%

Fund size

$8M

IWO

iShares Russell 2000 Growth ETF

iShares

Annual cost

0.24%

Fund size

$13.9B

Key differences

  • IWO costs 0.11% less per year.
  • IWO is significantly larger than RYLG — larger funds tend to be more liquid and less likely to close.
  • RYLG is classified as alternative, while IWO is equity — different risk/return profiles.
  • RYLG follows a option income strategy; IWO uses index tracking.
  • Over the last 3 years, IWO has delivered higher annualized returns.
  • IWO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RYLGIWO
Annual cost (TER)0.35%0.24%
Fund size (AUM)$8M$13.9B
Since20222000
Dividend yield7.42%0.42%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+32.0%+40.1%
CAGR 3Y+13.0%+18.8%
CAGR 5YN/A+5.9%
Sharpe 3Y0.600.72
Volatility 1Y14.94%21.33%
Max drawdown-22.37%-42.01%

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

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