Global X Russell 2000 Covered Call ETF (RYLD)
Assets | $1.42B |
Expense Ratio | 0.60% |
PE Ratio | 10.02 |
Shares Out | 87.61M |
Dividend (ttm) | $1.97 |
Dividend Yield | 12.29% |
Ex-Dividend Date | Oct 21, 2024 |
Payout Ratio | 124.35% |
1-Year Return | +0.06% |
Volume | 529,160 |
Open | 16.19 |
Previous Close | 16.20 |
Day's Range | 16.01 - 16.19 |
52-Week Low | 14.75 |
52-Week High | 16.98 |
Beta | 0.72 |
Holdings | 9 |
Inception Date | Apr 17, 2019 |
About RYLD
Fund Home PageThe Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is issued by Global X.
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Oct 21, 2024 | $0.1655 | Oct 28, 2024 |
Sep 23, 2024 | $0.1617 | Sep 30, 2024 |
Aug 19, 2024 | $0.1608 | Aug 26, 2024 |
Jul 22, 2024 | $0.1605 | Jul 29, 2024 |
Jun 24, 2024 | $0.1608 | Jul 1, 2024 |
May 20, 2024 | $0.1654 | May 29, 2024 |
News
Steady Cash Flow Or Missed Gains? A Look At RYLD's Covered Call Approach
RYLD employs a covered call strategy on the Russell 2000, offering high monthly income but capping upside potential, making it attractive for income-focused investors. Since inception, RYLD has underp...
RYLD yields 12%, IWM 1.1%: which is the better Russel 2000 ETF?
Small cap companies have underperformed their large-cap peers in the past few years as most of them have struggled in a high-interest-rate environment. For example, the S&P 500 index and the Nasdaq 10...
My 9.5% Income Portfolio-Fifty Shades Of Blue
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus o...
RYLD ETF: Is this 12% yielding Russell 2000 ETF a buy?
The Global X Russell 2000 Covered Call ETF (RYLD) has become one of the most popular small-cap-focused active fund. It has accumulated over $1.4 billion, with $35 million of these funds coming this ye...
RYLD: I'd Rather Prefer Small-Caps Without The Covered Call Overlay
Covered call strategies, like Global X Russell 2000 Covered Call ETF, offer high yields and potential downside protection but may underperform in strong markets. RYLD aims to match the Cboe Russell 20...
My 9.5% Income Portfolio-The View From The Top
Total Return is a percentage measure reflecting the total performance of a fund, incorporating both capital gains and the effect of dividends reinvested over a specific period. Net Asset Value is the ...
Undercovered Dozen ETF Edition: China, Bitcoin, Cybersecurity, Motley Fool +
This ETF Edition highlights 12 less covered exchange-traded fund ideas on Seeking Alpha from June 1st - July 15th. ETFs in our first edition include Saba Closed-End Funds, iShares 20+ Year Treasury Bo...
RYLD: 2 Alternatives To 12.3% Yielding Covered Call Fund
RYLD has dropped over the last 7 months. Total return has done better, but the fund has only returned about 3.1% annually since inception. We go over why and tell you how we are making income while do...
RYLD: Optically Enticing, But Fundamentally Still Weak
In September last year, I issued a bearish piece on RYLD arguing that the ETF is structured in a way that inherently limits alpha potential. So far, the investment thesis has played out nicely. Yet, g...
My 9% Income Portfolio - Harmony In Investment
Surrounded by the smoothness of the Tuscan landscape, I have always thought that the pursuit of harmony in human activities is the first step toward happiness. I also chase a balance in investments, s...
RYLD: Small Cap Implied Volatility Dips, Not Ideal For Selling Calls
Russell 2000 implied volatility hits a two-month low, which means less in the way of option premium to be collected from selling upside calls. Small caps continue to struggle relative to large caps, b...
RYLD: Lagging Other Buy-Write ETFs
Global X Russell 2000 Covered Call ETF implements a buy-write strategy in the small cap index Russell 2000. The RYLD ETF shows a 2-digit yield, but also a high variability in distributions and a large...
My 9% Income Portfolio-In Search For Happiness
For those who invest for dividends, the goal is to look for securities that can guarantee sustainable dividends and distributions over time. Choices about how to deploy the income generated by those i...
My 9% Income Portfolio-Living Off Dividends
Total Return is the actual rate of return for an investment over a given evaluation period, typically one, three, five, or ten years. The Total NAV Return is the sum of all dividends/distributions, as...
RVT Crushes Blind Covered Call Selling From RYLD (Rating Downgrades)
Royce Value Trust has outperformed Global X Russell 2000 Covered Call ETF since the article was written, with RVT up 21.07% and RYLD up 3.60%. RVT's outperformance can be attributed to picking the rig...
RYLD: A Magnet For Yield Chasers, Not Worth Your Time
Global X Russell 2000 Covered Call ETF sells monthly call options against RUT, an index of US small-cap stocks. RYLD's options strategy limits its upside exposure to the index, resulting in missed opp...
RYLD: Possibly The Worst 'High Dividend' Fund For Retired Investors Today
From a technical and tax view, covered call ETFs, such as RYLD, do not pay actual dividends but distribute capital back to investors. RYLD often attracts unsuitable investors looking for long-term inc...
RVT's 8.3% Yield Beats RYLD's 15.5%
RYLD, a covered call writing fund, has performed poorly and has a sub 2% annual total return since inception. We explain why that has happened and why the odds of meeting the current yield without NAV...
RYLD: Inflation First, Dividends Second
Global X Russell 2000 Covered Call ETF is a covered call exchange-traded fund that focuses on small cap stocks and employs an at-the-money buy write strategy with a dividend yield of 13.77%. When cons...
RYLD: The History Has Shown That The Structure Does Not Function
The Global X Russell 2000 Covered Call ETF applies a covered call strategy against the Russell 2000 Index and Vanguard Russell 2000 ETF. RYLD has a low net fee expense ratio of 0.6% and holds about 20...
QYLD Or RYLD? There's A Better Idea
Many income investors are familiar with Global X Russell 2000 Covered Call ETF and Global X NASDAQ 100 Covered Call ETF. Both funds currently provide ~12% dividend yields, paid monthly. This article w...
My 9% Income Portfolio - Nobody Is Perfect
Perfection is defined as being complete and correct in every way, and can be pursued in various fields, including art and investing. For years now, I have been employing all my strength in investing i...
RYLD: A Clearer View
RYLD's covered call strategy offers statistical benefits and an appealing distribution schedule but faces challenges in the current economy. The nature of its underlying index manifests a challenging ...
RYLD: Low NAV Erosion And Occasional Tax Benefits
The Global X Russell 2000 Covered Call ETF (RYLD) seeks to generate income by selling at-the-money covered calls on tickers in the Russel 2000. Their variable distributions are currently paying a trai...