Global X S&P 500® Covered Call & Growth ETF XYLG Strategy
Strategy
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Half BuyWrite Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the S&P 500® Index (the "reference index"), and "writes" (or sells) a succession of one-month at-the-money covered call options on the reference index. It generally will use a replication strategy.
|
Ticker
|
Name
|
Share Class Type
|
Investment Status
|
Morningstar Rating for Funds
Overall
|
Medalist Rating
Overall
|
Inception Date
|
Total Net Assets for Share Class
|
Adjusted Expense Ratio
|
Fee Level
Distribution
|
Minimum Initial Investment
|
1-Year Net Flow
|
|---|---|---|---|---|---|---|---|---|---|---|---|
XYLG
| Global X S&P 500® Covered Call & Growth ETF | ETF | Open | — | — | 0.350% | — | — | — | ||
XYLG
| Global X S&P 500® Covered Call & Growth ETF | ETF | Open | $69.76M | 0.350% | — | — | $5.45M |