Key stats
About Global X Funds Global X Dow 30 Covered Call ETF
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Inception date
Feb 23, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Retail Trade
Stocks102.31%
Finance20.31%
Technology Services13.83%
Electronic Technology11.61%
Retail Trade10.28%
Producer Manufacturing7.45%
Health Technology7.31%
Health Services7.21%
Consumer Services5.48%
Process Industries5.00%
Commercial Services4.52%
Consumer Non-Durables4.17%
Energy Minerals2.28%
Communications0.55%
Bonds, Cash & Other−2.31%
Rights & Warrants−0.95%
Cash−1.36%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history