Global X - Dow 30 Covered Call ETF
$22.56−0.02 (−0.09%)
- 0.60%
- $190M
- +15.9%
- 10.16%
- 0.1M sh
- $22.47
- low $20.65high $23.06
The ETF.net DJIA Grade
A
Score 75 out of 100
- 1 of 24
Score 75 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A87 out of 100Rank 4 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 4Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 7 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B67 out of 100Rank 5 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 5 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A81 out of 100Rank 2 of 24
Our read on DJIA
ACovered calls, but on the Dow. This fund owns the 30 blue chips and sells one-month at-the-money calls against them, swapping upside for monthly cash. It also happens to carry the index's own ticker.
The Fund seeks to track, before fees and expenses, the price and yield performance of the DJIA Cboe BuyWrite v2 Index. Its strategy owns Dow Jones Industrial Average stocks and sells corresponding one-month at-the-money call options.
Why people hold it
- Sells one-month at-the-money calls against the Dow 30 it holds. That is the maximum-premium version of the covered-call trade, not a partial overlay on a slice of the book.
- 0.60% a year undercuts the typical fund in its options-income peer group, and fees are one of the few inputs an income overlay actually controls.
- Distributions land monthly by design, funded mainly by option premium rather than the Dow's dividend stream alone.
- Does what the prospectus says: close tracking of its buy-write index and one of the strongest implementations in its options-income cohort.
Worth knowing
- At-the-money strikes on the full portfolio cap each month's upside at the strike. Strong Dow rallies get left on the table; that is the trade being made.
- A cheaper twin exists. DYLG follows the same declared index for 0.35%.
- Assets are modest next to the covered-call heavyweights and trading is moderate, which can show up in bid-ask spreads.
DJIA Holdings
- Stocks
- 32
- 55%
- GS
Sectors
- Financials26.3%
- Technology19.1%
- Industrials16.0%
- Health Care14.0%
- Consumer Discretionary9.3%
- Communication5.2%
- Consumer Staples3.9%
- Materials3.8%
- Energy2.4%
Geography
- United States100.00%
DJIA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
DJIA$11,587
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DJIA |
|---|---|
| Year to date | +8.7% |
| 1 month | −0.2% |
| 3 months | +3.0% |
| 1 year | +15.9% |
| 3 years | +12.0% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DJIA |
|---|---|---|
| 2026 YTD | +8.7% | |
| 2025 | +9.1% | |
| 2024 | +14.5% | |
| 2023 | +9.2% | |
| 2022 | −2.8% |
DJIA in the news
Category Review
The largest alternatives fund has no one-year record
DJIA Dividends
- 10.16%
- $2.30
- $0.12 per share
- Monthly
Distribution history
DJIA Risk
- 7.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.98
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DJIA Cost
0.60%
DJIA0.60%
- The middle half of Other Index Option Income funds
- Median 0.73%
3 of the 24 Other Index Option Income funds charge less.
Other funds in Other Index Option Income
- ASIOOVistaShares Target 15 S&P 100 Distribution ETFExpense ratio 0.59%1 year return —
- BTHTASoFi Enhanced Yield ETFExpense ratio 0.61%1 year return +17.2%
- BHYGWiShares High Yield Corporate Bond BuyWrite Strategy ETFExpense ratio 0.69%1 year return +4.5%
- BEDGXGlobal X U.S. 500 Income Edge ETFExpense ratio 0.50%1 year return —
- BATCLREX Autocallable Income ETFExpense ratio 0.65%1 year return —