FYLG


Financials Covered Call & Growth ETF

Reasons to Consider FYLG

High Income Potential

FYLG seeks to generate income by writing covered calls on the Financial Select Sector SPDR Fund.

Upside Potential

By writing calls on 50% of the Financial Select Sector SPDR Fund, the strategy allows investors to capture half the upside potential of the Financial Select Sector Index.

Monthly Distributions

FYLG seeks to make distributions on a monthly basis.

Key Information As of 02/02/23

Inception Date 11/21/22
Gross Expense Ratio 0.66%
Net Expense Ratio* 0.60%
Net Assets $2.56 million
NAV $25.59
Fact Sheet

*Fee waivers are contractual and in effect until at least March 1, 2024.


ETF Summary

The Global X Financials Covered Call & Growth ETF (FYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Financial Select Sector Index and the Financial Select Sector SPDR Fund, and “writes” or “sells” corresponding call options on the Financial Select Sector SPDR Fund representing approximately 50% of the value of FYLG’s portfolio.

ETF Objective

The Global X Financials Covered Call & Growth ETF (FYLG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P Financial Select Sector Half BuyWrite Index.

Trading Details As of 02/02/23

Ticker FYLG
Bloomberg Index Ticker BXLFH
CUSIP 37960A768
ISIN US37960A7688
Primary Exchange NYSE Arca
Shares Outstanding 100,000
Number of Holdings 69
30-Day Median Bid-Ask Spread 0.24%

Distributions As of 02/02/23

30-Day SEC Yield 1.72%
Unsubsidized 30-Day SEC Yield 1.66%
Distribution Frequency Monthly

ETF Prices As of 02/02/23

NAV $25.59 Daily Change $0.07 0.27%
Market Price $25.61 Daily Change $0.05 0.20%

Performance History

As of recent
(12/31/22)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -3.40% -3.13% -3.23%
3 Months -- -- 12.20%
Since Inception -1.73% -1.57% -1.52%
Year-to-Date 5.50% 5.32% 5.72%
1 Month 5.50% 5.32% 5.72%
3 Months -- -- 7.44%
Since Inception 3.67% 3.67% 4.10%

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.

Top Holdings As of 02/02/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
56.63 XLF SPDR-FINL SELECT 2364038 36.66 39,524 1,448,949.84
6.45 BRK/B BERKSHIRE HATH-B 2073390 311.86 529 164,973.94
4.68 JPM JPMORGAN CHASE & CO 2190385 138.94 862 119,766.28
2.90 BAC BANK OF AMERICA CORP 2295677 36.13 2,050 74,066.50
2.07 WFC WELLS FARGO & CO 2649100 47.23 1,120 52,897.60
1.51 MS MORGAN STANLEY 2262314 99.21 390 38,691.90
1.47 SPGI S&P GLOBAL INC BYV2325 383.16 98 37,549.68
1.44 GS GOLDMAN SACHS GROUP INC 2407966 369.47 100 36,947.00
1.35 SCHW SCHWAB (CHARLES) CORP 2779397 76.62 449 34,402.38
1.33 BLK BLACKROCK INC 2494504 770.73 44 33,912.12
1.19 AXP AMERICAN EXPRESS CO 2026082 173.13 176 30,470.88
1.13 C CITIGROUP INC 2297907 51.71 560 28,957.60
0.99 MMC MARSH & MCLENNAN COS 2567741 175.32 144 25,246.08
0.99 CB CHUBB LTD B3BQMF6 210.17 120 25,220.40
0.90 PGR PROGRESSIVE CORP 2705024 134.97 170 22,944.90
0.78 PNC PNC FINANCIAL SE 2692665 166.17 120 19,940.40
0.76 AON AON PLC-CLASS A BLP1HW5 323.00 60 19,380.00
0.75 USB US BANCORP 2736035 49.15 390 19,168.50
0.75 TFC TRUIST FINANCIAL CORP BKP7287 50.39 380 19,148.20
0.72 CME CME GROUP INC 2965839 176.00 104 18,303.48
0.68 ICE INTERCONTINENTAL BFSSDS9 108.33 160 17,332.80
0.59 MCO MOODY'S CORP 2252058 329.49 46 15,156.54
0.52 COF CAPITAL ONE FINA 2654461 121.22 110 13,334.20
0.52 MET METLIFE INC 2573209 69.71 190 13,244.90
0.51 MSCI MSCI INC B2972D2 568.44 23 13,074.12
0.51 AIG AMERICAN INTERNA 2027342 59.03 220 12,986.60
0.50 TRV TRAVELERS COS INC/THE 2769503 181.75 70 12,722.50
0.46 AFL AFLAC INC 2026361 68.90 170 11,713.00
0.46 AJG ARTHUR J GALLAGHER & CO 2359506 194.68 60 11,680.80
0.44 PRU PRUDENTIAL FINANCIAL INC 2819118 102.82 110 11,310.20
0.41 ALL ALLSTATE CORP 2019952 131.89 80 10,551.20
0.41 BK BANK NY MELLON B1Z77F6 50.17 210 10,535.70
0.41 AMP AMERIPRISE FINANCIAL INC B0J7D57 347.71 30 10,431.30
0.40 STT STATE STREET CORP 2842040 92.37 110 10,160.70
0.37 DFS DISCOVER FINANCI B1YLC43 117.95 80 9,436.00
0.35 TROW T ROWE PRICE GROUP INC 2702337 128.75 70 9,012.50
0.31 MTB M & T BANK CORP 2340168 156.02 50 7,801.00
0.30 WTW WILLIS TOWERS WATSON PLC BDB6Q21 254.76 30 7,642.80
0.30 FITB FIFTH THIRD BANCORP 2336747 37.85 200 7,570.00
0.29 FRC FIRST REPUBLIC BANK/CA B4WHY15 147.00 50 7,350.00
0.26 ACGL ARCH CAPITAL GROUP LTD 2740542 61.35 110 6,748.50
0.26 HIG HARTFORD FINL SV 2476193 74.43 90 6,698.70
0.26 RJF RAYMOND JAMES 2718992 108.83 60 6,529.80
0.25 HBAN HUNTINGTON BANCSHARES INC 2445966 15.50 420 6,510.00
0.25 PFG PRINCIPAL FINANCIAL GROUP 2803014 92.87 70 6,500.90
0.25 RF REGIONS FINANCIAL CORP B01R311 23.95 270 6,466.50
0.24 CFG CITIZENS FINANCIAL GROUP BQRX1X3 44.46 140 6,224.40
0.24 NDAQ NASDAQ INC 2965107 60.57 100 6,057.00
0.24 SIVB SVB FINANCIAL GROUP 2808053 333.50 18 6,003.00
0.23 NTRS NORTHERN TRUST CORP 2648668 98.09 60 5,885.40
0.23 CINF CINCINNATI FINANCIAL CORP 2196888 115.41 50 5,770.50
0.21 KEY KEYCORP 2490911 20.05 270 5,413.50
0.21 SYF SYNCHRONY FINANCIAL BP96PS6 37.56 140 5,258.40
0.17 FDS FACTSET RESEARCH 2329770 433.30 10 4,333.00
0.16 BRO BROWN & BROWN INC 2692687 58.66 70 4,106.20
0.16 WRB WR BERKLEY CORP 2093644 66.59 60 3,995.40
0.15 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 379.94 10 3,799.35
0.14 CBOE CBOE GLOBAL MARKETS INC B5834C5 120.82 30 3,624.60
0.14 L LOEWS CORP 2523022 60.18 60 3,610.80
0.14 GL GLOBE LIFE INC BK6YKG1 116.75 30 3,502.50
0.13 RE EVEREST RE GROUP LTD 2556868 341.43 10 3,414.30
0.12 CASH 1.00 3,003 3,003.27
0.12 CMA COMERICA INC 2212870 74.88 40 2,995.20
0.11 SBNY SIGNATURE BANK B00JQL9 143.17 20 2,863.40
0.11 BEN FRANKLIN RESOURCES INC 2350684 33.82 80 2,705.60
0.10 IVZ INVESCO LTD B28XP76 20.21 130 2,627.30
0.09 ZION ZIONS BANCORP NA 2989828 54.29 40 2,171.60
0.08 AIZ ASSURANT INC 2331430 133.58 16 2,137.28
0.06 LNC LINCOLN NATIONAL CORP 2516378 36.10 40 1,444.00
-2.57 2XLF US 02/17/2023 C35 183.00 -359 -65,697.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Research

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

FYLG 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. 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. FYLG 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 Cboe, nor does Cboe 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 Cboe.

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