Dow 30 Covered Call ETF

Reasons to Consider DJIA

High Income Potential

DJIA seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.1

Monthly Distributions

DJIA expects to make distributions on a monthly basis.

Efficient Options Execution

DJIA writes call options on the Dow Jones Industrial Average, saving investors the time and potential expense of doing so individually.

1Covered call writing can limit the upside potential of the underlying security

Key Information As of 12/05/23

Inception Date 02/23/22
Total Expense Ratio 0.60%
Net Assets $82.11 million
NAV $21.61
Fact Sheet View the document

ETF Summary

The Global X Dow 30 Covered Call ETF (DJIA) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Dow Jones Industrial Average (also known as the Dow 30 Index) and “writes” or “sells” corresponding call options on the same index.

ETF Objective

The Global X Dow 30 Covered Call ETF (DJIA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the DJIA Cboe BuyWrite v2 Index.

Trading Details As of 12/04/23

Ticker DJIA
Bloomberg Index Ticker BXDE
CUSIP 37960A859
ISIN US37960A8595
Primary Exchange NYSE Arca
Shares Outstanding 3,800,000
Number of Holdings 31
30-Day Median Bid-Ask Spread 0.42%

Distributions As of 12/05/23

30-Day SEC Yield 1.63%
12-Month Trailing Yield 7.95%
Distribution Yield 5.84%
Distribution Frequency Monthly

ETF Prices As of 12/05/23

NAV $21.61 Daily Change $0.02 0.09%
Market Price $21.69 Daily Change $0.02 0.09%

Performance History

As of recent
As of recent
Fund NAV Market Price Index
1 Year 15.57% 14.08% 16.60%
Since Inception 1.16% 1.17% 2.24%
1 Year 4.58% 5.62% 5.67%
Since Inception 2.37% 2.51% 3.47%
Year-to-Date 4.28% 4.52% 5.02%
1 Month -2.50% -2.89% -2.45%
3 Months -1.60% -1.92% -1.40%
Since Inception 1.86% 1.88% 3.60%
Year-to-Date 6.71% 7.19% 7.66%
1 Month 3.77% 2.54% 3.92%
3 Months -0.23% -0.41% -0.00%
Since Inception 4.23% 4.48% 6.21%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Options Details As of 12/04/23

Dow Jones Industrial Average Price 36,204.40 Dow Jones Industrial Average Mini Price 362.04

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short 1/100 DJ Industrial Avg Call Option -$84,790,798 350 0.00% 12/15/2023 11

Top Holdings As of 12/05/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.35 UNH UNITEDHEALTH GROUP INC 2917766 550.26 15,524 8,542,236.24
7.01 MSFT MICROSOFT CORP 2588173 372.52 15,524 5,783,000.48
6.43 GS GOLDMAN SACHS GROUP INC 2407966 341.75 15,524 5,305,327.00
6.09 HD HOME DEPOT INC 2434209 323.50 15,524 5,022,014.00
5.39 MCD MCDONALD'S CORP 2550707 286.54 15,524 4,448,246.96
5.10 AMGN AMGEN INC 2023607 270.87 15,524 4,204,985.88
4.80 CAT CATERPILLAR INC 2180201 255.19 15,524 3,961,569.56
4.79 V VISA INC-CLASS A SHARES B2PZN04 254.61 15,524 3,952,565.64
4.72 CRM SALESFORCE INC 2310525 251.02 15,524 3,896,834.48
4.40 BA BOEING CO/THE 2108601 234.16 15,524 3,635,099.84
3.70 HON HONEYWELL INTL 2020459 196.95 15,524 3,057,451.80
3.64 AAPL APPLE INC 2046251 193.42 15,524 3,002,652.08
3.45 TRV TRAVELERS COS INC/THE 2769503 183.66 15,524 2,851,137.84
3.21 AXP AMERICAN EXPRESS CO 2026082 170.68 15,524 2,649,636.32
3.04 IBM IBM 2005973 161.39 15,524 2,505,418.36
2.98 JNJ JOHNSON & JOHNSON 2475833 158.55 15,524 2,461,330.20
2.97 JPM JPMORGAN CHASE & CO 2190385 157.97 15,524 2,452,326.28
2.93 WMT WALMART INC 2936921 155.73 15,524 2,417,552.52
2.76 PG PROCTER & GAMBLE CO/THE 2704407 146.76 15,524 2,278,302.24
2.69 CVX CHEVRON CORP 2838555 142.86 15,524 2,217,758.64
2.17 NKE NIKE INC -CL B 2640147 115.41 15,524 1,791,624.84
2.00 MRK MERCK & CO. INC. 2778844 106.23 15,524 1,649,114.52
1.91 MMM 3M CO 2595708 101.69 15,524 1,578,635.56
1.71 DIS WALT DISNEY CO/THE 2270726 90.79 15,524 1,409,423.96
1.10 KO COCA-COLA CO/THE 2206657 58.66 15,524 910,637.84
0.96 DOW DOW INC BHXCF84 51.14 15,524 793,897.36
0.90 CSCO CISCO SYSTEMS INC 2198163 47.93 15,524 744,065.32
0.79 INTC INTEL CORP 2463247 41.92 15,524 650,766.08
0.72 VZ VERIZON COMMUNIC 2090571 38.42 15,524 596,432.08
0.39 WBA WALGREENS BOOTS BTN1Y44 20.51 15,524 318,397.24
0.28 OTHER PAYABLE & RECEIVABLES 1.00 234,445 234,445.17
0.03 CASH 1.00 27,824 27,824.15
-3.41 DJX US 12/15/23 C350 1,195.00 -2,355 -2,814,225.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 12/04/23

Return on Equity 23.20%
Weighted Avg. Market Cap 563,214 M
2022 2023
Price-to-earnings 20.23 19.86
Price-to-book value 4.87 4.38

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/23

Versus Beta
S&P 500 0.48
NASDAQ-100 0.31
MSCI Emg. Mkts 0.22
Standard Deviation 12.20%

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject DJIA to loss due to adverse occurrences that may affect that industry or sector. Investors in DJIA should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

DJIA engages in options trading. An option is a contract sold by one party to another that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed upon price within a certain period or on a specific date. A covered call option involves holding a long position in a particular asset, in this case U.S. common equities, and writing a call option on that same asset with the goal of realizing additional income from the option premium. DJIA writes covered call index options on the Dow Jones Industrial Average. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying index above the exercise price, but continues to bear the risk of a decline in the index. A liquid market may not exist for options held by the fund. While the fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below the indices current market price. DJIA is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Dow Jones or Cboe, nor do these entities make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with these entities.