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EHCCGlobal X Ethereum Covered Call

Get incomeNewRanked #1,545 of 1,650 in this goal

Seeks current income while providing exposure to the price return of ether.

By Global X Funds · Launched 2026

Annual Cost

0.75%

#3,925 of 5,861 · average

Fund Size

$0.7M

#5,692 of 5,861 · small

Dividend YieldGoal

Track Record

4 months

#5,325 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$8,689-13.1%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 1 holdings = 21.1% of fundwell diversified

ETHA US 05/01/26 C10
21.1%

Asset allocation

Other
97.7%
Cash
2.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-30.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX, NYSE American

Full fund details

Objective
Seeks current income while providing exposure to the price return of ether.
Strategy
Actively manages a portfolio to provide current income while gaining exposure to ether through U.S.-listed Ether ETPs. Utilizes a synthetic covered call strategy involving options on Ether ETPs to generate income and replicate price movements.
Inception date
April 1, 2026
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