Global X Russell 2000 Covered Call ETF (RYLD)Derivative Income | Exchange Traded Fund | NYSEArca
15.19 USD
-0.20
(-1.300%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 15.25 +0.06 (0.395%) ⇧ (Oct. 16, 2026, 6:13 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 8:25 a.m. EDT
This instrument is a classic 'value trap' wrapped in a high-yield strategy. While the 6.18% dividend yield is attractive, it is the result of a relentless six-year price decline where the asset has lost nearly 38% of its value. The price history reveals four consecutive years of negative annual returns, confirming a structural deterioration rather than a temporary dip. The recent price action shows the fund trading below its 50-day and 200-day moving averages, failing to generate any upward momentum despite the income stream. The options market reinforces this bearish view, with traders buying insurance against a crash rather than betting on a recovery. For a long-term investor, the compounding drag of the falling price far outweighs the benefit of the dividends, making this a poor candidate for capital preservation or growth. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.016902 |
| AutoARIMA | 0.017000 |
| AutoETS | 0.017025 |
| MSTL | 0.017084 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 64% |
| H-stat | 1.38 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.100 |
| Excess Kurtosis | -0.97 |
| Attribute | Value |
|---|---|
| Trailing P/E | 16.01 |
As of Oct. 10, 2026, 8:25 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 21 and 25) expiring in December 2026, which dwarfs call activity. This 'put skew' suggests a fear of a significant drop in the underlying Russell 2000 small-cap index. Conversely, call volume is negligible, indicating a lack of bullish conviction for a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.95% | 12.07% | 12.11% | 11.94% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-21 | 0.148 | 0.947503 |
| 2026-08-24 | 0.165 | 1.017890 |
| 2026-07-20 | 0.161 | 1.008140 |
| 2026-06-22 | 0.162 | 1.022082 |
| 2026-05-18 | 0.157 | 1.020143 |
| 2026-04-20 | 0.157 | 1.024804 |
| 2026-03-23 | 0.148 | 0.997305 |
| 2026-02-23 | 0.158 | 1.014121 |
| 2026-01-20 | 0.157 | 1.014867 |
| 2025-12-22 | 0.155 | 1.000646 |
| 2025-11-24 | 0.152 | 1.002639 |
| 2025-10-20 | 0.153 | 0.995446 |
| 2025-09-22 | 0.152 | 1.010638 |
| 2025-08-18 | 0.151 | 1.012743 |
| 2025-07-21 | 0.150 | 1.021798 |
| 2025-06-23 | 0.149 | 1.010855 |
| 2025-05-19 | 0.148 | 1.015089 |
| 2025-04-21 | 0.143 | 1.020699 |
| 2025-03-24 | 0.154 | 0.999351 |
| 2025-02-24 | 0.163 | 1.011166 |
| 2025-01-21 | 0.168 | 1.011439 |
| 2024-12-30 | 0.166 | 1.017781 |
| 2024-11-18 | 0.166 | 1.012813 |
| 2024-10-21 | 0.166 | 1.025324 |
| 2024-09-23 | 0.162 | 1.005587 |
| 2024-08-19 | 0.161 | 1.006250 |
| 2024-07-22 | 0.161 | 1.000621 |
| 2024-06-24 | 0.161 | 1.010038 |
| 2024-05-20 | 0.165 | 1.008557 |
| 2024-04-22 | 0.163 | 1.005552 |
| 2024-03-18 | 0.167 | 1.009673 |
| 2024-02-20 | 0.163 | 1.005552 |
| 2024-01-22 | 0.165 | 1.007941 |
| 2023-12-28 | 0.167 | 0.994048 |
| 2023-11-20 | 0.168 | 1.015719 |
| 2023-10-23 | 0.162 | 1.011236 |
| 2023-09-18 | 0.173 | 0.998269 |
| 2023-08-21 | 0.174 | 1.006362 |
| 2023-07-24 | 0.180 | 0.997230 |
| 2023-06-20 | 0.183 | 1.023490 |
| 2023-05-22 | 0.161 | 0.894444 |
| 2023-04-24 | 0.182 | 1.011673 |
| 2023-02-21 | 0.196 | 1.033210 |
| 2023-01-23 | 0.196 | 1.020833 |
| 2022-12-29 | 0.187 | 0.992569 |
| 2022-11-21 | 0.199 | 1.035919 |
| 2022-10-24 | 0.195 | 1.016684 |
| 2022-09-19 | 0.196 | 1.011874 |
| 2022-08-22 | 0.207 | 1.007299 |
| 2022-07-18 | 0.212 | 1.030126 |
| 2022-06-21 | 0.202 | 0.997531 |
| 2022-05-23 | 0.211 | 1.011990 |
| 2022-04-18 | 0.235 | 1.012931 |
| 2022-03-21 | 0.240 | 1.017380 |
| 2022-02-22 | 0.232 | 1.020229 |
| 2022-01-24 | 0.223 | 0.987600 |
| 2021-12-30 | 0.307 | 1.257166 |
| 2021-11-22 | 0.255 | 1.003937 |
| 2021-10-18 | 0.247 | 0.991172 |
| 2021-09-20 | 0.252 | 1.024390 |
| 2021-08-23 | 0.251 | 1.002396 |
| 2021-07-19 | 0.246 | 1.012762 |
| 2021-06-21 | 0.248 | 0.978883 |
| 2021-05-24 | 0.248 | 1.000000 |
| 2021-04-19 | 0.249 | 1.016742 |
| 2021-03-22 | 0.245 | 1.002045 |
| 2021-02-22 | 0.240 | 1.012658 |
| 2021-01-19 | 0.227 | 0.988418 |
| 2020-12-30 | 0.228 | 1.008582 |
| 2020-11-23 | 0.222 | 0.995739 |
| 2020-10-19 | 0.214 | 1.010864 |
| 2020-09-21 | 0.209 | 1.028290 |
| 2020-08-24 | 0.208 | 1.001830 |
| 2020-07-20 | 0.202 | 1.005826 |
| 2020-06-22 | 0.192 | 0.997662 |
| 2020-05-18 | 0.187 | 0.983796 |
| 2020-04-20 | 0.176 | 1.013883 |
| 2020-03-23 | 0.159 | 1.006839 |
| 2020-02-24 | 0.239 | 0.963710 |
| 2020-01-21 | 0.196 | 0.773328 |
| 2019-12-30 | 0.166 | 0.652516 |
| 2019-11-20 | 0.251 | 0.997972 |
| 2019-10-23 | 0.168 | 0.669990 |
| 2019-09-25 | 0.212 | 0.844823 |
| 2019-08-21 | 0.251 | 1.006617 |
| 2019-07-24 | 0.137 | 0.529366 |
| 2019-06-26 | 0.223 | 0.890504 |
| 2019-05-22 | 0.235 | 0.944344 |
| Attribute | Value |
|---|---|
| All Time High | 26.14 |
| All Time Low | 13.16 |
| Ask | 15.25 |
| Ask Size | 2,100 |
| Average Daily Volume10 Day | 463,570 |
| Average Daily Volume3 Month | 508,837 |
| Average Volume | 508,837 |
| Average Volume10Days | 463,570 |
| Beta3 Year | 0.55 |
| Bid | 15.15 |
| Bid Size | 2,500 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 15.44 |
| Day Low | 15.15 |
| Display Name | Russell 2000 Covered Call ETF |
| Dividend Yield | 6.18 |
| Eps Trailing Twelve Months | 0.948924 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.9116 |
| Fifty Day Average Change | -0.72160053 |
| Fifty Day Average Change Percent | -0.045350596 |
| Fifty Two Week Change Percent | -1.1711121 |
| Fifty Two Week High | 16.47 |
| Fifty Two Week High Change | -1.2799997 |
| Fifty Two Week High Change Percent | -0.07771705 |
| Fifty Two Week Low | 14.61 |
| Fifty Two Week Low Change | 0.5799999 |
| Fifty Two Week Low Change Percent | 0.03969883 |
| Fifty Two Week Range | 14.61 - 16.47 |
| First Trade Date Milliseconds | 1,555,939,800,000 |
| Five Year Average Return | 0.022481699 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.14000034 |
| Fullday Change Percent | -0.9096838 |
| Fullday Price | 15.19 |
| Fund Family | Global X Funds |
| Fund Inception Date | 1,555,545,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its total assets in component securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the Russell 2000 Index, and "writes" a succession of one-month at-the-money covered call options on the Russell 2000 Index. |
| Long Name | Global X Russell 2000 Covered Call ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_597568697 |
| Nav Price | 15.39 |
| Net Assets | 1,316,145,540.0 |
| Net Expense Ratio | 0.6 |
| Open | 15.44 |
| Phone | +1 8884938631 |
| Post Market Change | 0.06000042 |
| Post Market Change Percent | 0.39499947 |
| Post Market Price | 15.25 |
| Post Market Time | 1,792,188,807 |
| Previous Close | 15.39 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.200001 |
| Regular Market Change Percent | -1.29955 |
| Regular Market Day High | 15.44 |
| Regular Market Day Low | 15.15 |
| Regular Market Day Range | 15.15 - 15.44 |
| Regular Market Open | 15.44 |
| Regular Market Previous Close | 15.39 |
| Regular Market Price | 15.19 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 500,318 |
| Short Name | Global X Russell 2000 Covered C |
| Source Interval | 15 |
| Symbol | RYLD |
| Three Year Average Return | 0.1015736 |
| Total Assets | 1,316,145,536 |
| Tradeable | 0 |
| Trailing P E | 16.007605 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -0.28656 |
| Trailing Three Month Returns | -0.28656 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.6819 |
| Two Hundred Day Average Change | -0.49190044 |
| Two Hundred Day Average Change Percent | -0.031367403 |
| Type Disp | ETF |
| Volume | 500,318 |
| Yield | 0.0618 |
| Ytd Return | 10.57676 |