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TYLGGlobal X Information Technology Covered Call & Growth ETF

Get income3y track recordRanked #1,327 of 1,650 in this goal

Seeks investment results that correspond generally to the price and yield performance of the Cboe S&P Technology Select Sector Half BuyWrite Index.

By Global X Funds · Launched 2022

Annual Cost

0.60%

#3,235 of 5,861 · average

Fund Size

$15M

#4,640 of 5,861 · small

Dividend YieldGoal

6.51%

Track Record

3 years

#2,796 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,874+28.7%

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

Cboe S&P Technology Select Sector Half BuyWrite Index

What it actually holds

By weight

Concentration

Top 10 holdings = 82.0% of fundconcentrated

THE SELECT SECTOR SPDR TRUST - The Technology Select Sector SPDR Fund
52.0%
NVIDIA CORPORATION
7.5%
APPLE INC.
6.2%
MICROSOFT CORPORATION
4.7%
BROADCOM INC.
3.1%
MICRON TECHNOLOGY, INC.
2.2%
ADVANCED MICRO DEVICES, INC.
2.2%
INTEL CORPORATION
1.7%
CISCO SYSTEMS, INC.
1.4%
LAM RESEARCH CORPORATION
1.2%

Asset allocation

Stocks
99.8%
Cash
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
19.2%Moderate

Year-on-year price swings

Max drawdown
-24.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.83Decent risk-adjusted returns
Sortino (3Y)
1.21Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks investment results that correspond generally to the price and yield performance of the Cboe S&P Technology Select Sector Half BuyWrite Index.
Strategy
Invests at least 80% of net assets in securities of the Cboe S&P Technology Select Sector Half BuyWrite Index, employing a covered call strategy that generates income while allowing for some upside exposure to the information technology sector. The Fund is designed to track the performance of the Underlying Index, which includes a theoretical portfolio of the underlying securities of the Information Technology Select Sector Index.
Inception date
November 21, 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