Key stats
About Global X Funds Global X Dow 30 Covered Call ETF
Expense ratio
0.60%
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Inception date
Feb 23, 2022
DJIA writes covered calls on its portfolio of Dow Jones Industrial Average (The Dow) stocks. Writing covered calls is an options strategy that potentially increases yield but also limits upside potential. The fund writes the near-term options generally each month, and each options exercise price is at or above the current price level of The Dow. By writing index call options, the fund adds income from call premiums at the expense of the upside potential. As a total return version, the underlying index reinvests all dividends paid on The Dow components and the premiums from writing the option.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.