ARCX · Passive · options-income

Global X Russell 2000 Covered Call ETF

Global X Management Company LLC

Weighted score · 2.90 / 5

AUM

assets under mgmt

Avg Volume

shares · daily

Distribution

Monthly · 100% ROC

Expense Ratio

0.60% gross

1Y Return

vs underlying

Sharpe

Max DD -21.3%

The Global X Russell 2000 Covered Call ETF (the "Fund") seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index (the "Underlying Index")..

The Fund invests at least 80% of its total assets in component securities of the Cboe Russell 2000 BuyWrite Index or investments with substantially identical economic characteristics. It follows a buy-write (covered call) strategy by holding the stocks of the Russell 2000 Index and each calendar month writing (selling) one-month at-the-money call options on the Russell 2000 Index. The written options are held until expiration and settled in cash. The Fund uses a representative sampling approach to track the Underlying Index.

Each calendar month the Fund writes a succession of one-month at-the-money covered call options on the Russell 2000 Index, held until expiration and cash-settled. The premiums received may partially offset declines in the Reference Index but cap upside participation when markets rally rapidly. Options are exchange-traded and the Fund has no control over exercise by the option holder prior to expiration.

NAV HISTORY · JUN '25 – JUN '26

Max DD

Volatility

Sharpe

Sortino

Calmar

Beta

Share of each distribution you’d need to reinvest just to hold NAV flat. Higher means more of the yield is your own capital coming back.

Composition · Recent Distribution

Tax Treatment — Ordinary Income

ORDINARY INCOME

Distribution Composition (Recent)

ROC is not free money — it lowers your cost basis. When shares are sold, capital gains are computed against the lower basis.

Composition · Narrative

The May 2026 distribution of $0.1568 per share is composed entirely of Return of Capital (100%), with no Net Investment Income component. On a fiscal year-to-date basis, 92.45% of cumulative distributions have been classified as Return of Capital and 7.55% as Net Investment Income. RYLD estimates it has distributed more than its income, meaning some of the capital returned may represent a return of the investor's own principal rather than fund earnings.

Distribution Growth by Lookback Period

Sector Mix · Tilt vs S&P 500

Price vs. Moving Averages

Bullish — 50-DMA above 200-DMA

Price $16.01 is above the 200-day SMA ($14.75); 50-day SMA $15.46. The 50-day SMA sits above the 200-day — an established uptrend, no recent crossover. Moving-average signals are a timing aid, not a recommendation — weigh them against the distribution profile and framework score.

Liquidity

Estimated bid/ask spread ~0.08% (tight). Average daily dollar volume ~$8.8M (adequate). This spread is a high-low estimate, not a live quote; the issuer's reported median spread and premium/discount to NAV are shown above when available.

AUM ($)