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Global X Russell 2000 Covered Call & Growth ETF (RYLG)

Derivative Income | Exchange Traded Fund | NYSEArca
24.46 USD -0.16 (-0.660%) ⇩ (July 13, 2026, 11:12 a.m. EDT)
After hours: 24.46

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 3:10 a.m. EDT

This instrument presents a classic case of a 'value trap' disguised by aggressive income tactics. While the headline 6.58% yield is attractive, the underlying business quality has deteriorated significantly, evidenced by a 15.45% cumulative loss over the last two years and two consecutive years of negative annual returns. The recent price action shows a slight uptick, likely driven by the ex-dividend event rather than genuine recovery momentum. The statistical forecast offers no directional bias, and the options market is silent, confirming a lack of conviction. Investors chasing yield here are likely buying a falling knife; the capital appreciation potential is severely compromised by the multi-year structural decline.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.032983
AutoETS0.037005
AutoARIMA0.037499
AutoTheta0.039007

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 52%
H-stat 7.55
Ljung-Box p 0.000
Jarque-Bera p 0.457
Excess Kurtosis -0.69
Attribute Value
Trailing P/E 18.35

As of July 11, 2026, 3:10 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across both calls and puts. Implied volatility is low, indicating a lack of speculative positioning or hedging demand. The market appears indifferent to near-term directional moves.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.60% 11.10% 13.59%
Dividend History
Date Dividend Yield %
2026-06-22 0.146 0.595117
2026-05-18 0.162 0.697614
2026-04-20 0.145 0.621757
2026-03-23 0.180 0.827510
2026-02-23 0.137 0.599274
2026-01-20 0.148 0.645752
2025-12-30 0.671 3.014376
2025-12-22 0.122 0.523493
2025-11-24 0.218 0.974302
2025-10-20 0.182 0.791098
2025-09-22 0.126 0.555237
2025-08-18 0.142 0.651974
2025-07-21 0.129 0.604924
2025-06-23 0.127 0.607888
2025-05-19 0.132 0.639225
2025-04-21 0.163 0.860476
2025-03-24 0.136 0.639038
2025-02-24 0.114 0.513884
2025-01-21 0.132 0.568573
2024-12-30 3.598 15.928812
2024-11-18 0.191 0.718829
2024-10-21 0.186 0.715137
2024-09-23 0.147 0.568138
2024-08-19 0.185 0.727487
2024-07-22 0.167 0.644663
2024-06-24 0.123 0.498097
2024-05-20 0.136 0.536299
2024-04-22 0.154 0.630631
2024-03-18 0.162 0.646552
2024-02-20 0.158 0.640610
2024-01-22 0.146 0.591309
2023-12-28 0.125 0.489237
2023-11-20 0.119 0.502110
2023-10-23 0.113 0.504149
2023-09-18 0.121 0.495800
2023-08-21 0.123 0.501652
2023-07-24 0.126 0.488732
2023-06-20 0.127 0.507695
2023-05-22 0.105 0.427699
2023-04-24 0.123 0.502697
2023-03-20 0.119 0.498680
2023-02-21 0.133 0.514845
2023-01-23 0.130 0.500308
2022-12-29 0.820 3.304187
2022-11-21 0.134 0.509583
2022-10-24 0.129 0.503709
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 6.58

Info Dump

Attribute Value
All Time High 27.77
All Time Low 17.93
Ask 30.66
Ask Size 100
Average Daily Volume10 Day 1,540
Average Daily Volume3 Month 2,511
Average Volume 2,511
Average Volume10Days 1,540
Beta3 Year 0.9
Bid 21.29
Bid Size 1,000
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.599
Day Low 24.4555
Dividend Yield 6.58
Eps Trailing Twelve Months 1.3327875
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.06498
Fifty Day Average Change 0.3905201
Fifty Day Average Change Percent 0.016227735
Fifty Two Week Change Percent 13.614548
Fifty Two Week High 24.86
Fifty Two Week High Change -0.40450096
Fifty Two Week High Change Percent -0.016271157
Fifty Two Week Low 20.79
Fifty Two Week Low Change 3.6654987
Fifty Two Week Low Change Percent 0.17631066
Fifty Two Week Range 20.79 - 24.86
First Trade Date Milliseconds 1,664,976,600,000
Full Exchange Name NYSEArca
Fund Family Global X Funds
Fund Inception Date 1,664,841,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,022-10-05
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests at least 80% of its net assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index measures the performance of a covered call strategy that holds a theoretical portfolio of the underlying stocks of the Russell 2000 Index and "writes" (or sells) a succession of one-month ATM covered call options on the Reference Index.
Long Name Global X Russell 2000 Covered Call & Growth ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1793089808
Nav Price 24.59
Net Assets 8,415,422.0
Net Expense Ratio 0.35
Open 24.65
Phone +1 8884938631
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 24.4555
Post Market Time 1,783,976,700
Previous Close 24.6179
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.162401
Regular Market Change Percent -0.659687
Regular Market Day High 24.599
Regular Market Day Low 24.4555
Regular Market Day Range 24.4555 - 24.599
Regular Market Open 24.65
Regular Market Previous Close 24.6179
Regular Market Price 24.4555
Regular Market Time 1,783,955,550
Regular Market Volume 1,505
Short Name Global X Russell 2000 Covered C
Source Interval 15
Symbol RYLG
Three Year Average Return 0.129247
Total Assets 8,415,422
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 18.349136
Trailing Peg Ratio None
Trailing Three Month Nav Returns 15.82058
Trailing Three Month Returns 15.82058
Triggerable 1
Two Hundred Day Average 23.092344
Two Hundred Day Average Change 1.3631554
Two Hundred Day Average Change Percent 0.05903062
Type Disp ETF
Volume 1,505
Yield 0.065799996
Ytd Return 16.31099