Global X Russell 2000 Covered Call ETF (RYLD)
| Assets | $1.44B |
| Expense Ratio | 0.60% |
| PE Ratio | 10.29 |
| Shares Out | 87.99M |
| Dividend (ttm) | $1.97 |
| Dividend Yield | 11.98% |
| Ex-Dividend Date | Nov 18, 2024 |
| Payout Ratio | 123.27% |
| 1-Year Return | -1.50% |
| Volume | 538,128 |
| Open | 16.41 |
| Previous Close | 16.42 |
| Day's Range | 16.32 - 16.42 |
| 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 |
|---|---|---|
| Nov 18, 2024 | $0.166 | n/a |
| Oct 21, 2024 | $0.166 | Oct 28, 2024 |
| Sep 23, 2024 | $0.162 | Sep 30, 2024 |
| Aug 19, 2024 | $0.161 | Aug 26, 2024 |
| Jul 22, 2024 | $0.161 | Jul 29, 2024 |
| Jun 24, 2024 | $0.161 | Jul 1, 2024 |
News
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Russell 2000 Not A Great Fit In RYLD's Strategy
RYLD tracks the Russell 2000 while systematically selling monthly at-the-money covered calls on the index. The Russell 2000 is not a great fit for this strategy due to its tendency to reap gains throu...
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?
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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...
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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...
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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...
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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...
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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 ...