
The Global X Russell 2000 Covered Call ETF, identified by its ticker RYLD, aims to replicate the total return—encompassing both price appreciation and income generation—of the Cboe Russell 2000 BuyWrite Index. This objective is measured before accounting for the ETF's own associated fees and operational expenses.
Is RYLD's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

The 10-year Treasury sits at 4.72% and the Fed funds upper bound has held at 3.75% for eight straight months, which leaves income seekers hunting for real yield in the back half of 2026.

Bank of America Corp DE lifted its stake in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 47.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,278,665 shares of the company's stock after acquiring an additional

Covered call ETFs have pulled in billions of dollars over the past few years, and most of that money has funneled into a small group of large-cap products tied to the S&P 500 or Nasdaq-100.

Small caps ripped higher in the first half of 2026. If you owned Global X Russell 2000 Covered Call ETF (CBOE:RYLD), you watched most of that rally through the window.

The Global X Russell 2000 Covered Call ETF (CBOE:RYLD) pays a monthly distribution that has drawn income-focused investors to small-cap territory for years, and at about $16 a share with $1.85 in trailing 12-month distributions, the fund still throws off a double-digit yield in a market where the 10-year Treasury pays 4.6%.