NYSEARCA:XYLG
Global X S&P 500 Covered Call & Growth ETF Company Profile
$30.82
+0.0186 (+0.0604%)
At Close: Jun 28, 2024
Information
888-493-8631
Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Half BuyWrite Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the S&P 500® Index (the "reference index"), and "writes" (or sells) a succession of one-month at-the-money covered call options on the reference index. It generally will use a replication strategy.