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DJIAGlobal X Dow 30 Covered Call ETF

Get income4y track recordRanked #749 of 1,650 in this goal

Seeks investment results that correspond generally to the price and yield performance of the DJIA Cboe BuyWrite v2 Index.

By Global X Funds · Launched 2022

Annual Cost

0.60%

#3,235 of 5,861 · average

Fund Size

$181M

#2,431 of 5,861 · mid-size

Dividend YieldGoal

7.72%

Track Record

4 years

#2,565 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,617+16.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

DJIA Cboe BuyWrite v2 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 56.9% of fundmoderately concentrated

THE GOLDMAN SACHS GROUP, INC.
11.5%
CATERPILLAR INC.
11.1%
MICROSOFT CORPORATION
5.1%
UNITEDHEALTH GROUP INCORPORATED
4.6%
AMGEN INC.
4.3%
VISA INC.
4.1%
THE HOME DEPOT, INC.
4.1%
AMERICAN EXPRESS COMPANY
4.0%
THE SHERWIN-WILLIAMS COMPANY
4.0%
JPMORGAN CHASE & CO.
3.9%

Asset allocation

Stocks
99.9%
Cash
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
7.7%Low

Year-on-year price swings

Max drawdown
-16.9%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.68Decent risk-adjusted returns
Sortino (3Y)
0.99Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks investment results that correspond generally to the price and yield performance of the DJIA Cboe BuyWrite v2 Index.
Strategy
Invests at least 80% of net assets in the securities of the DJIA Cboe BuyWrite v2 Index, employing a covered call strategy to generate income. Uses an indexing approach to achieve investment results that correspond to the performance of the underlying index, which has significant exposure to U.S. financials.
Inception date
February 23, 2022
Fund family
Global X Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04