Global X Information Technology Covered Call & Growth ETFGlobal X Information Technology Covered Call & Growth ETFGlobal X Information Technology Covered Call & Growth ETF

Global X Information Technology Covered Call & Growth ETF

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Key stats


Assets under management (AUM)
‪10.43 M‬USD
Fund flows (1Y)
‪370.67 K‬USD
Dividend yield (indicated)
7.52%
Discount/Premium to NAV
−0.06%
Shares outstanding
‪300.00 K‬
Expense ratio
0.60%

About Global X Information Technology Covered Call & Growth ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Inception date
Nov 21, 2022
Structure
Open-Ended Fund
Index tracked
Cboe S&P Technology Select Sector Half BuyWrite Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A7431
TYLG provides both the potential for growth and some yield from an index of technology stocks in the S&P 500. The fund utilizes a partial covered call strategy, it holds a theoretical portfolio of stocks of the reference index (or a related ETF) and writes one-month, at-the-money FLEX call options on half of the portfolio value. The call options sold by the fund are European-style, meaning the options can only be exercised at the expiration date each month. The contracts will be collateralized by the equity portfolio. The fund looks to earn some premium income from half of the portfolio while allowing the other half upside potential. The funds strategy should reduce volatility and help generate some income, compared to the reference index, but it may also cause a drag on the overall upside potential.

Broaden your horizons with more funds linked to TYLG via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Broad-based
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
ETF
Stock breakdown by region
98%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TYLG trades at 34.92 USD today, its price has risen 0.00% in the past 24 hours. Track more dynamics on TYLG price chart.
TYLG net asset value is 34.89 today — it's risen 2.51% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TYLG assets under management is ‪10.43 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TYLG price has risen by 0.58% over the last month, and its yearly performance shows a 8.67% increase. See more dynamics on TYLG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.51% over the last month, showed a 9.46% increase in three-month performance and has increased by 21.65% in a year.
TYLG fund flows account for ‪370.67 K‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TYLG invests in funds. See more details in our Analysis section.
TYLG expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TYLG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TYLG technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TYLG shows the buy signal. See more of TYLG technicals for a more comprehensive analysis.
Yes, TYLG pays dividends to its holders with the dividend yield of 7.52%.
TYLG trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TYLG shares are issued by Mirae Asset Global Investments Co., Ltd.
TYLG follows the Cboe S&P Technology Select Sector Half BuyWrite Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 21, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.