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Global X Dow 30 Covered Call Etf

Global X Dow 30 Covered Call Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization168.01 mln

Business Description

This fund tracks an index built around a covered call strategy, which involves holding the stocks that make up the Dow Jones Industrial Average while regularly selling short-term call options on that same group of stocks. The goal is to generate income from those option sales, though this approach may limit gains when stock prices rise sharply. Because the fund mirrors this index, it holds a concentrated set of securities and is considered non-diversified.

Key Fundamentals

EPS0.91
P/E23.75

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -0.97% 53 / 100   
1 Month 0.51% 63 / 100   
2 Months -1.91% 42 / 100   
6 Months 3.71% 54 / 100   
1 Year 11.37% 55 / 100   



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