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 06/13/24

Inception Date 02/23/22
Total Expense Ratio 0.60%
Net Assets $84.12 million
NAV $21.85
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 06/13/24

Ticker DJIA
Bloomberg Index Ticker BXDE
CUSIP 37960A859
ISIN US37960A8595
Primary Exchange NYSE Arca
Shares Outstanding 3,850,000
Number of Holdings 31
30-Day Median Bid-Ask Spread 0.49%

Distributions As of 06/13/24

30-Day SEC Yield 1.38%
12-Month Trailing Yield 7.07%
Distribution Yield 7.29%
Distribution Frequency Monthly

ETF Prices As of 06/13/24

NAV $21.85 Daily Change -$0.03 -0.14%
Market Price $21.80 Daily Change -$0.10 -0.46%

Performance History

As of recent
As of recent
Fund NAV Market Price Index
1 Year 11.61% 11.79% 12.59%
Since Inception 5.43% 5.61% 6.51%
1 Year 9.89% 9.37% 10.08%
Since Inception 3.89% 3.88% 4.65%
Year-to-Date 5.13% 5.40% 5.45%
1 Month 1.38% 1.79% 1.99%
3 Months 5.13% 5.40% 5.45%
Since Inception 11.74% 12.15% 14.17%
Year-to-Date 2.58% 2.45% 2.38%
1 Month -0.60% -1.04% -0.52%
3 Months -1.07% -1.06% -0.98%
Since Inception 9.04% 9.01% 10.85%

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 06/13/24

Dow Jones Industrial Average Price 38,647.10 Dow Jones Industrial Average Mini Price 386.47

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 -$83,941,501 400 3.50% 06/21/2024 8

Top Holdings As of 06/13/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.44 UNH UNITEDHEALTH GROUP INC 2917766 497.30 14,270 7,096,471.00
7.57 GS GOLDMAN SACHS GROUP INC 2407966 446.35 14,270 6,369,414.50
7.49 MSFT MICROSOFT CORP 2588173 441.58 14,270 6,301,346.60
5.90 HD HOME DEPOT INC 2434209 347.88 14,270 4,964,247.60
5.54 CAT CATERPILLAR INC 2180201 326.36 14,270 4,657,157.20
5.06 AMGN AMGEN INC 2023607 298.50 14,270 4,259,595.00
4.60 V VISA INC-CLASS A SHARES B2PZN04 271.19 14,270 3,869,881.30
4.30 MCD MCDONALD'S CORP 2550707 253.70 14,270 3,620,299.00
3.89 CRM SALESFORCE INC 2310525 229.03 14,270 3,268,258.10
3.77 AXP AMERICAN EXPRESS CO 2026082 222.19 14,270 3,170,651.30
3.63 AAPL APPLE INC 2046251 214.24 14,270 3,057,204.80
3.54 HON HONEYWELL INTL 2020459 208.63 14,270 2,977,150.10
3.51 TRV TRAVELERS COS INC/THE 2769503 207.07 14,270 2,954,888.90
3.29 JPM JPMORGAN CHASE & CO 2190385 193.66 14,270 2,763,528.20
3.12 AMZN AMAZON.COM INC 2000019 183.83 14,270 2,623,254.10
3.07 BA BOEING CO/THE 2108601 180.70 14,270 2,578,589.00
2.87 IBM IBM 2005973 169.12 14,270 2,413,342.40
2.82 PG PROCTER & GAMBLE CO/THE 2704407 166.41 14,270 2,374,670.70
2.59 CVX CHEVRON CORP 2838555 152.84 14,270 2,181,026.80
2.47 JNJ JOHNSON & JOHNSON 2475833 145.45 14,270 2,075,571.50
2.20 MRK MERCK & CO. INC. 2778844 129.37 14,270 1,846,109.90
1.72 MMM 3M CO 2595708 101.54 14,270 1,448,975.80
1.70 DIS WALT DISNEY CO/THE 2270726 100.09 14,270 1,428,284.30
1.60 NKE NIKE INC -CL B 2640147 94.18 14,270 1,343,948.60
1.13 WMT WALMART INC 2936921 66.70 14,270 951,809.00
1.06 KO COCA-COLA CO/THE 2206657 62.51 14,270 891,946.35
0.95 DOW DOW INC BHXCF84 56.06 14,270 799,976.20
0.77 CSCO CISCO SYSTEMS INC 2198163 45.52 14,270 649,570.40
0.68 VZ VERIZON COMMUNIC 2090571 39.78 14,270 567,660.60
0.52 INTC INTEL CORP 2463247 30.46 14,270 434,664.20
0.13 CASH 1.00 111,734 111,733.77
0.10 OTHER PAYABLE & RECEIVABLES 1.00 81,490 81,489.86
-0.01 DJX US 06/21/24 C400 5.00 -2,172 -10,860.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 06/13/24

Return on Equity 23.80%
Weighted Avg. Market Cap 630,237 M
2023 2024
Price-to-earnings 22.11 18.35
Price-to-book value 4.72 4.06

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 05/31/24

Versus Beta
S&P 500 0.46
NASDAQ-100 0.30
MSCI Emg. Mkts 0.22
Standard Deviation 11.00%

Source: new windowAltaVista Research, LLC

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.