Global X - Dow 30 Covered Call & Growth ETF

Frequently Asked Questions About DYLG

What does DYLG invest in?

The Global X Dow 30 Covered Call & Growth ETF, known by its ticker DYLG, endeavors to replicate the overall financial performance, encompassing both capital appreciation and income generation, of the Cboe DJIA Half BuyWrite Index. This tracking objective is assessed before any management fees or operational expenses of the fund are taken into account.

What is the expense ratio of DYLG?

Global X - Dow 30 Covered Call & Growth ETF (DYLG) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

What is DYLG's distribution yield?

DYLG's trailing-twelve-month yield is 9.02%, calculated from the sum of distributions over the past year divided by the current price.

How does DYLG's covered-call strategy work?

DYLG sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is DYLG?

Global X - Dow 30 Covered Call & Growth ETF (DYLG) manages $6.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DYLG actively managed or an index fund?

DYLG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.