ETF strategies that look beyond traditional fixed income, offering solutions for investors seeking to increase or diversify the yield potential of their portfolio.
The Global X Dow 30 Covered Call ETF (DJIA) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Dow Jones Industrial Average (also known as the Dow 30 Index) and “writes” or “sells” corresponding call options on the same index.
View DJIA's fund pageExplore DJIAThe Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index.
View QYLD's fund pageExplore QYLDThe Global X Nasdaq 100 ESG Covered Call ETF (QYLE) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 ESG Index and “writes” or “sells” call options on the Nasdaq-100 Index.
View QYLE's fund pageExplore QYLEThe Global X S&P 500 Covered Call ETF (XYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the S&P 500 Index and “writes” or “sells” corresponding call options on the same index.
View XYLD's fund pageExplore XYLDThe Global X S&P 500 ESG Covered Call ETF (XYLE) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the S&P 500 ESG Index and “writes” or “sells” corresponding call options on the same index.
View XYLE's fund pageExplore XYLEThe Global X Russell 2000 Covered Call ETF (RYLD) follows a “covered call” or “buy-write” strategy, in which the Fund purchases the Global X Russell 2000 ETF and/or the stocks in the Russell 2000 Index, and “writes” or “sells” corresponding call options on the Russell 2000 Index.
View RYLD's fund pageExplore RYLDThe Global X MSCI Emerging Markets Covered Call ETF (EMCC) follows a “covered call” or “buy-write” strategy, in which the Fund buys the iShares Core MSCI Emerging Markets ETF and “writes” or “sells” call options on the same ETF.
View EMCC's fund pageExplore EMCCThe Global X Nasdaq 100 Risk Managed Income ETF (QRMI) employs a protective net-credit collar1 strategy for investors seeking the income characteristics of a covered call fund, while mitigating the risks of a major market selloff with a protective put. QRMI seeks to achieve this outcome by owning the stocks in the Nasdaq 100 Index (NDX), while buying 5% out-of-the-money put options2 on NDX and selling at-the-money call options on the same index.
View QRMI's fund pageExplore QRMIThe Global X S&P 500 Risk Managed Income ETF (XRMI) employs a protective net-credit collar1 strategy for investors seeking the income characteristics of a covered call fund, while mitigating the risks of a major market selloff with a protective put. XRMI seeks to achieve this outcome by owning the stocks in the S&P 500 Index (SPX), while buying 5% out-of-the-money put options2 on SPX and selling at-the-money call options on the same index.
View XRMI's fund pageExplore XRMIThe Global X MLP & Energy Infrastructure Covered Call ETF follows a “covered call” or “buy-write” strategy, in which the Fund buys the Global X MLP & Energy Infrastructure ETF (MLPX) and “writes” or “sells” corresponding call options on the same ETF.
View MLPD's fund pageExplore MLPDThe Global X S&P 500 Quality Dividend Covered Call ETF follows a “covered call” or “buy-write” strategy, in which the Fund buys the Global X S&P 500 Quality Dividend ETF (QDIV) and “writes” or “sells” corresponding call options on the same ETF.
View QDCC's fund pageExplore QDCCThe Global X Dow 30 Covered Call & Growth ETF (DYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Dow Jones Industrial Average (also known as the Dow 30 Index) and “writes” or “sells” corresponding call options on approximately 50% of the value of the portfolio of stocks in the same index.
View DYLG's fund pageExplore DYLGThe Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on approximately 50% of the value of the portfolio of stocks in the same index.
View QYLG's fund pageExplore QYLGThe Global X S&P 500 Covered Call & Growth ETF (XYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the S&P 500 Index and “writes” or “sells” corresponding call options on approximately 50% of the value of the portfolio of stocks in the same index.
View XYLG's fund pageExplore XYLGThe Global X Russell 2000 Covered Call & Growth ETF (RYLG) follows a “covered call” or “buy-write” strategy, in which the Fund purchases the Global X Russell 2000 ETF and/or the stocks in the Russell 2000 Index, and “writes” or “sells” corresponding call options on the Russell 2000 Index representing approximately 50% of the value of RYLG’s portfolio.
View RYLG's fund pageExplore RYLGThe Global X Financials Covered Call & Growth ETF (FYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Financial Select Sector Index and the Financial Select Sector SPDR Fund, and “writes” or “sells” corresponding call options on the Financial Select Sector SPDR Fund representing approximately 50% of the value of FYLG's portfolio.
View FYLG's fund pageExplore FYLGThe Global X Health Care Covered Call & Growth ETF (HYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Health Care Select Sector Index and the Health Care Select Sector SPDR Fund, and “writes” or “sells” corresponding call options on the Health Care Select Sector SPDR Fund representing approximately 50% of the value of HYLG's portfolio.
View HYLG's fund pageExplore HYLGThe Global X Information Technology Covered Call & Growth ETF (TYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Information Technology Select Sector Index and the Technology Select Sector SPDR Fund, and “writes” or “sells” corresponding call options on the Information Technology Select Sector SPDR Fund representing approximately 50% of the value of TYLG's portfolio.
View TYLG's fund pageExplore TYLGThe Global X S&P 500 Quality Dividend ETF (QDIV) invests in U.S. equity securities included in the S&P 500 Index that rank within the top 200 of the index's universe by both quality score and dividend yield.
View QDIV's fund pageExplore QDIVThe Global X SuperDividend® ETF (SDIV) invests in 100 of the highest dividend yielding equity securities in the world.
View SDIV's fund pageExplore SDIVThe Global X SuperDividend® U.S. ETF (DIV) invests in 50 of the highest dividend yielding equity securities in the United States.
View DIV's fund pageExplore DIVThe Global X MSCI SuperDividend® Emerging Markets ETF (SDEM) invests in 50 of the highest dividend yielding equities in the Emerging Markets.
View SDEM's fund pageExplore SDEMThe Global X MSCI SuperDividend® EAFE ETF (EFAS) invests in 50 of the highest dividend yielding equity securities from the MSCI EAFE Index, which includes securities from international developed markets across Europe, Australasia, and the Far East.
View EFAS's fund pageExplore EFASThe Global X U.S. Preferred ETF (PFFD) invests in a broad basket of U.S. preferred stocks, providing benchmark-like exposure to the asset class.
View PFFD's fund pageExplore PFFDThe Global X Variable Rate Preferred ETF (PFFV) invests in a broad basket of U.S. variable rate preferred stocks, providing benchmark-like exposure to the asset class. Variable rate preferreds can play a role in an investor’s portfolio as a source of income with less interest rate risk, offering the potential to mitigate the risks of rising interest rates due to coupon payments that adjust at certain points over their lifespan.
View PFFV's fund pageExplore PFFVThe Global X SuperIncomeSM Preferred ETF (SPFF) invests in 50 of the highest yielding preferred stocks in the United States.
View SPFF's fund pageExplore SPFFThe Global X Alternative Income ETF (ALTY) provides exposure to a range of alternative income-generating categories, including MLPs & Infrastructure, Real Estate, Preferreds, Emerging Market Bonds and Covered Calls.
View ALTY's fund pageExplore ALTYThe Global X MLP ETF (MLPA) invests in some of the largest, most liquid midstream Master Limited Partnerships (MLPs).
View MLPA's fund pageExplore MLPAThe Global X MLP & Energy Infrastructure ETF (MLPX) is a tax-efficient vehicle for gaining access to MLPs and similar entities, such as the General Partners of MLPs and energy infrastructure corporations.
View MLPX's fund pageExplore MLPXThe Global X SuperDividend® REIT ETF (SRET) invests in 30 of the highest dividend yielding REITs globally.
View SRET's fund pageExplore SRETInvesting involves risk, including the possible loss of principal. High yielding stocks are often speculative, high-risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance.
The risks associated with real estate investment trusts including interest rate risk which may cause certain REIT holdings to decline in value if interest rates increase. REITs are subject to general risks related to real estate including default risk and the possibility of decreasing property values.
The potential benefits of investing in MLPs depend on them being treated as partnerships for federal income tax purposes. Further, if the MLP is deemed to be a corporation then its income would be subject to federal taxation at the entity level, reducing the amount of cash available for distributions to the Fund which could result in a reduction of the Fund’s value.
Covered Call ETFs engage in options trading. An option is a contract sold by one party to another that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed upon price within a certain period or on a specific date. A covered call option involves holding a long position in a particular asset, in this case U.S. common equities, and writing a call option on that same asset with the goal of realizing additional income from the option premium. By selling covered call options, these funds limit opportunity to profit from an increase in the price of the underlying index above the exercise price, but continues to bear the risk of a decline in the index. A liquid market may not exist for options held by the funds. While the funds receive premiums for writing the call options, the price realized from the exercise of an option could be substantially below the indices’ current market price. High yield bonds involve greater risks of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Carefully consider the funds’ investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the funds’ summary or full prospectus, available at globalxetfs.com. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to the Global X Funds. The funds are distributed by SEI Investments Distribution Co. (SIDCO, 1 Freedom Valley Drive, Oaks, PA, 19456), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments.