Global X Russell 2000 Covered Call ETF (RYLD)

NYSEARCA: RYLD · Real-Time Price · USD
16.01
-0.19 (-1.17%)
At close: Oct 31, 2024, 3:59 PM
16.00
-0.01 (-0.06%)
After-hours: Oct 31, 2024, 4:20 PM EDT
-1.17%
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 Page

The 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.

Asset Class Equity
Category Derivative Income
Region North America
Stock Exchange NYSEARCA
Ticker Symbol RYLD
ETF Provider Global X
Index Tracked CBOE Russell 2000 BuyWrite Index

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
Full Dividend History

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...

3 days ago - Seeking Alpha

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...

Other symbols: IWM
11 days ago - Invezz

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...

14 days ago - Seeking Alpha

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...

23 days ago - Invezz

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...

6 weeks ago - Seeking Alpha

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 ...

7 weeks ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

9 months ago - Seeking Alpha

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...

10 months ago - Seeking Alpha

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...

Other symbols: RVT
10 months ago - Seeking Alpha

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...

11 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

Other symbols: QYLD
1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

KNG: Not The Buy/Write ETF King

KNG employs a buy/write strategy quite successfully, considering the small opportunity cost in relation to market total returns and the decent dividend yield over the years.

1 year ago - Seeking Alpha