Global X Russell 2000 Covered Call ETF (RYLD)
| Assets | $1.26B |
| Expense Ratio | 0.60% |
| PE Ratio | 15.90 |
| Shares Out | 81.33M |
| Dividend (ttm) | $1.86 |
| Dividend Yield | 12.05% |
| Ex-Dividend Date | Oct 20, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 191.47% |
| Volume | 510,265 |
| Open | 15.47 |
| Previous Close | 15.49 |
| Day's Range | 15.44 - 15.50 |
| 52-Week Low | 13.16 |
| 52-Week High | 16.87 |
| Beta | 0.58 |
| Holdings | 10 |
| 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.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Global X Russell 2000 ETF | RSSL | 102.91% |
| Cash | n/a | 1.12% |
| Warrant on Inhibrx Inc Ordinary Shares | n/a | 0.00% |
| Warrant on Novartis AG Registered Shares | n/a | 0.00% |
| Canadian Dollar | n/a | 0.00% |
| Pulse Biosciences ([Wts/Rts]) 0% | n/a | 0.00% |
| Cartesian Therapeutics ([Wts/Rts]) 0% | n/a | 0.00% |
| Omniab | n/a | 0.00% |
| Omniab | n/a | 0.00% |
| Rut Us 11/21/25 C2450 | n/a | -4.03% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 20, 2025 | $0.1525 | Oct 27, 2025 |
| Sep 22, 2025 | $0.1517 | Sep 29, 2025 |
| Aug 18, 2025 | $0.1506 | Aug 25, 2025 |
| Jul 21, 2025 | $0.1498 | Jul 28, 2025 |
| Jun 23, 2025 | $0.1485 | Jun 30, 2025 |
| May 19, 2025 | $0.1481 | May 27, 2025 |
Performance
RYLD had a total return of 8.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.45%.
News
RYLD Provides Stability And High Income On The Russell 2000 Index
RYLD offers high monthly income by writing covered calls on the Russell 2000, yielding 12.7% with a low 0.60% fee. The strategy caps upside potential but smooths volatility, making it relatively attra...
RYLD: Income Stability Over Growth In A Sideways Market
The Global X Russell 2000 Covered Call ETF offers exposure to small-cap US stocks via full replication of the Russell 2000 for capital appreciation potential. The ETF generates a conservative ~12% yie...
QYLD Vs. RYLD: Embrace The Fear With QYLD
Since my last writings, the implied volatilities (IV) for both the NASDAQ and Russell indices have risen to quite extreme levels. This offers favorable pricing for both RYLD and QYLD's use of options....
RYLD: 12%+ Dividend Yields Likely To Sustain As Volatility Returns
This article upgrades my rating on RYLD to buy primarily for two considerations. First, its 12%+ dividend yield is near peak levels since its inception, indicating unusually favorable risk premium. Th...
RYLD: Ideal Scenario For Small Cap Covered Call ETF
Global X Russell 2000 Covered Call ETF offers a high dividend yield of 11.8% through a covered call strategy, ideal for income generation. RYLD's price has declined by over 33% since inception, but hi...
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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...
My 9.5% Income Portfolio-The View From The Top
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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...
My 9% Income Portfolio - Harmony In Investment
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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
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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 ...
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...
RYLD: Imaginary Yield Falls Short Again, Updating Our Trade
Russell 2000 index has been a good place to harvest volatility over the last 3 years. RYLD has tried to capitalize on that, but blind option selling is always problematic. We review the performance si...
RYLD: VIX Index Suggests It Is The Worst Time To Sell Options In Years
Financial markets have been more stable in 2023, with mega-cap stocks seeing significant gains but small-cap stocks remaining nearly flat. Option-selling ETFs like RYLD may underperform due to low opt...
QYLD And RYLD: Yield Spread Narrowed And Ratings Downgraded
The purpose of this article is to update an article I published about 1 year ago in June 2022 regarding covered-call ETFs. More specifically, the thesis is to downgrade my ratings on Global X Russell ...
XYLD Vs. RYLD: Comparing Different Market-Cap Call Writing ETFs
The Global X S&P 500 Covered Call ETF invests based on the Cboe S&P 500 BuyWrite Index. The Global X Russell 2000 Covered Call ETF invests based on the Cboe Russell 2000 BuyWrite Index.
RYLD: A Fund That Should Outperform In A Recession
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RYLD: Traditional Strategies Outperform Covered Call Complexity
Global X Russell 2000 Covered Call ETF implements a Covered-Call "Income" Strategy over the Russell 2000. The fund structure extracts expensive fees and high trading costs in return for the promise of...
RYLD Yields 13.20% And Produces Better Results Than XYLD, QYLD
RYLD is a covered call ETF that yields 13.2% but sacrifices capital appreciation for current income by capping upside potential through selling covered calls. RYLD has been a better investment by the ...
RYLD: Ignore The Imaginary 12% Yield And Consider This 12% Instead
We called RYLD's double-digit yield "imaginary" as in one that would see poor total returns. The thesis has played out and total returns have been nowhere in the ballpark of the yield.
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