RYLGGlobal X Russell 2000 Covered Call & Growth ETF
Seeks to provide investment results that correspond generally to the price and yield performance of the Cboe Russell 2000 Half BuyWrite Index.
By Global X Funds · Launched 2022
0.35%
#1,644 of 5,854 · low cost
$8M
#4,966 of 5,854 · small
6.58%
3 years
#2,739 of 5,854 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Option income
Index tracked
Cboe Russell 2000 Half BuyWrite Index
What it actually holds
By weightConcentration
Top 3 holdings = 99.9% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide investment results that correspond generally to the price and yield performance of the Cboe Russell 2000 Half BuyWrite Index.
- Strategy
- Invests at least 80% of net assets in the securities of the Cboe Russell 2000 Half BuyWrite Index, employing a covered call strategy that generates income while allowing for some potential upside exposure to the small-cap U.S. equity market. The Fund does not try to outperform the Underlying Index.
- Inception date
- October 4, 2022
- Fund family
- Global X Funds
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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 2026-08-03