Global X - Russell 2000 Covered Call ETF
$15.49−0.05 (−0.32%)
- 0.60%
- $1.3B
- +17.3%
- 12.04%
- 0.5M sh
- $15.58
- low $14.61high $16.47
The ETF.net RYLD Grade
A
Score 77 out of 100
- 1 of 9
Score 77 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.A72 out of 100Rank 3 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B65 out of 100Rank 3 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A83 out of 100Rank 2 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 4 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A86 out of 100Rank 1 of 9
Our read on RYLD
AThe veteran of small-cap options income. Launched in 2019 and now a multi-billion-dollar fund, it owns the Russell 2000 and sells calls against it, swapping some upside for a monthly check.
The Fund is designed to track the price and yield performance of the Cboe Russell 2000 BuyWrite Index before fees and expenses.
Why people hold it
- 0.60% a year undercuts the median fee among Russell 2000 income funds, and comes in below NEOS's IWMI at 0.76%.
- Simple, legible machine: track the Cboe Russell 2000 BuyWrite Index, own the small caps, sell the calls, pay out monthly.
- One of the stronger implementations in its Russell 2000 income group, backed by active trading and a multi-billion-dollar asset base.
Worth knowing
- A buy-write trades away the melt-up. When small caps rip, the called-away shares mean the premium is most of what you get.
- Cheaper Russell 2000 call-writers exist: iShares' IWMW at 0.39% and Global X's own RYLG at 0.35%.
- The monthly payment is option premium, not a coupon. It rises and falls with small-cap volatility rather than arriving at a set rate.
RYLD Holdings
- Stocks
- 6
- 100%
- RSSL
Sectors
- Health Care20.7%
- Financials18.0%
- Technology14.8%
- Industrials13.4%
- Consumer Discretionary8.6%
- Energy6.5%
- Real Estate6.3%
- Materials4.3%
- Utilities2.7%
- Consumer Staples2.6%
- Communication2.3%
Geography
- United States100.00%
RYLD 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.
RYLD$11,727
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 | RYLD |
|---|---|
| Year to date | +11.1% |
| 1 month | −1.8% |
| 3 months | −0.3% |
| 1 year | +17.3% |
| 3 years | +10.2% |
| 5 years | +2.3% |
| 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 | RYLD |
|---|---|---|
| 2026 YTD | +11.1% | |
| 2025 | +5.6% | |
| 2024 | +10.1% | |
| 2023 | +0.3% | |
| 2022 | −13.1% | |
| 2021 | +22.2% | |
| 2020 | −0.5% |
RYLD in the news
RYLD Dividends
- 12.04%
- $1.87
- $0.15 per share
- Monthly
Distribution history
RYLD Risk
- 9.3%
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.
- 0.51
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.
- −21.4%
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.
- 0.54
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RYLD Cost
0.60%
RYLD0.60%
- The middle half of Russell 2000 Option Income funds
- Median 0.76%
2 of the 9 Russell 2000 Option Income funds charge less.
Other funds in Russell 2000 Option Income
- AIWMWiShares Russell 2000 BuyWrite ETFExpense ratio 0.39%1 year return +13.5%
- ARYLGGlobal X - Russell 2000 Covered Call & Growth ETFExpense ratio 0.35%1 year return +17.6%
- BFTKIFirst Trust Small Cap BuyWrite Income ETFExpense ratio 0.86%1 year return +22.3%
- BIWMINEOS Russell 2000 High Income ETFExpense ratio 0.76%1 year return +18.2%
- CCPRACalamos Russell 2000 Structured Alt Protection ETF – AprilExpense ratio 0.69%1 year return +6.8%