Global X - Information Technology Covered Call & Growth ETF

Frequently Asked Questions About TYLG

What does TYLG invest in?

TYLG, the Global X Information Technology Covered Call & Growth ETF, aims to mirror the investment performance—specifically, the price appreciation and yield—of the Cboe S&P Technology Select Sector Half BuyWrite Index. This tracking occurs before the deduction of the ETF's management fees and associated expenses.

What is the expense ratio of TYLG?

Global X - Information Technology Covered Call & Growth ETF (TYLG) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations.

What is TYLG's distribution yield?

TYLG's trailing-twelve-month yield is 8.53%, calculated from the sum of distributions over the past year divided by the current price.

How does TYLG's covered-call strategy work?

TYLG 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 TYLG?

Global X - Information Technology Covered Call & Growth ETF (TYLG) manages $15.3M 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 TYLG actively managed or an index fund?

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