DYLG


Dow 30 Covered Call & Growth ETF

Reasons to Consider DYLG

High Income Potential

DYLG seeks to generate income by writing covered calls on the Dow Jones Industrial Average.

Upside Potential

By writing calls on 50% of the portfolio, the strategy allows investors to capture half the upside potential of the Dow Jones Industrial Average.

Monthly Distributions

DYLG expects to make distributions on a monthly basis.

Key Information As of 12/10/24

Inception Date 07/25/23
Total Expense Ratio 0.35%
Net Assets $2.11 million
NAV $30.12
Fact Sheet View the document

ETF Summary

The Global X Dow 30 Covered Call & Growth ETF (DYLG) 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 approximately 50% of the value of the portfolio of stocks in the same index.

ETF Objective

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

Trading Details As of 12/10/24

Ticker DYLG
Bloomberg Index Ticker BXDEH
CUSIP 37960A511
ISIN US37960A5112
Primary Exchange NYSE Arca
Shares Outstanding 70,000
Number of Holdings 32
30-Day Median Bid-Ask Spread 0.20%

Distributions As of 12/10/24

30-Day SEC Yield 1.32%
Trailing 12-Month Distribution (%) 3.22%
Distribution Rate 4.31%
Distribution Frequency Monthly

ETF Prices As of 12/10/24

NAV $30.12 Daily Change -$0.05 -0.17%
Market Price $30.09 Daily Change -$0.06 -0.20%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 21.56% 21.73% 21.77%
Since Inception 13.87% 13.97% 14.03%
1 Year 21.81% 22.01% 22.11%
Since Inception 16.37% 16.51% 16.56%
Year-to-Date 11.90% 12.02% 12.08%
1 Month 1.56% 1.71% 1.61%
3 Months 7.22% 7.37% 7.31%
Since Inception 16.66% 16.78% 16.85%
Year-to-Date 17.77% 17.97% 18.02%
1 Month 7.10% 6.49% 7.14%
3 Months 6.90% 7.11% 7.00%
Since Inception 22.78% 22.98% 23.05%

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 12/10/24

Dow Jones Industrial Average Price 44,247.83 Dow Jones Industrial Average Mini Price 442.48

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 -$1,061,948 435 0.00% 12/20/2024 10

Top Holdings As of 12/10/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.19 GS GOLDMAN SACHS GROUP INC 2407966 585.03 295 172,583.85
7.91 UNH UNITEDHEALTH GROUP INC 2917766 565.19 295 166,731.05
6.20 MSFT MICROSOFT CORP 2588173 443.33 295 130,782.35
5.91 HD HOME DEPOT INC 2434209 422.59 295 124,664.05
5.44 CAT CATERPILLAR INC 2180201 388.39 295 114,575.05
5.20 SHW SHERWIN-WILLIAMS CO/THE 2804211 371.60 295 109,622.00
4.88 CRM SALESFORCE INC 2310525 348.82 295 102,901.90
4.37 V VISA INC-CLASS A SHARES B2PZN04 312.38 295 92,152.10
4.23 AXP AMERICAN EXPRESS CO 2026082 302.11 295 89,122.45
4.21 MCD MCDONALD'S CORP 2550707 300.71 295 88,709.45
3.86 AMGN AMGEN INC 2023607 275.75 295 81,346.25
3.47 AAPL APPLE INC 2046251 247.77 295 73,092.15
3.47 TRV TRAVELERS COS INC/THE 2769503 247.65 295 73,056.75
3.40 JPM JPMORGAN CHASE & CO 2190385 242.86 295 71,643.70
3.24 IBM IBM 2005973 231.72 295 68,357.40
3.21 HON HONEYWELL INTL 2020459 229.08 295 67,578.60
3.15 AMZN AMAZON.COM INC 2000019 225.04 295 66,386.80
2.41 PG PROCTER & GAMBLE CO/THE 2704407 172.28 295 50,822.60
2.30 BA BOEING CO/THE 2108601 164.10 295 48,409.50
2.20 CVX CHEVRON CORP 2838555 157.00 295 46,315.00
2.09 JNJ JOHNSON & JOHNSON 2475833 149.23 295 44,022.85
1.89 NVDA NVIDIA CORP 2379504 135.07 295 39,845.65
1.82 MMM 3M CO 2595708 129.77 295 38,282.15
1.61 DIS WALT DISNEY CO/THE 2270726 114.73 295 33,845.35
1.41 MRK MERCK & CO. INC. 2778844 101.00 295 29,795.00
1.32 WMT WALMART INC 2936921 94.55 295 27,892.25
1.07 NKE NIKE INC -CL B 2640147 76.74 295 22,638.30
0.88 KO COCA-COLA CO/THE 2206657 62.91 295 18,558.45
0.82 CSCO CISCO SYSTEMS INC 2198163 58.72 295 17,322.40
0.59 VZ VERIZON COMMUNIC 2090571 42.30 295 12,478.50
0.17 OTHER PAYABLE & RECEIVABLES 1.00 3,511 3,511.45
0.14 DJIA GLOBAL X D 30 C BPGKWY6 23.67 125 2,958.75
0.02 CASH 1.00 365 365.20
-1.06 DJX US 12/20/24 C435 927.50 -24 -22,260.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 11/30/24

Sector Weight (%)
Financials 23.9
Information Technology 19.4
Health Care 15.7
Consumer Discretionary 13.9
Industrials 12.7
Materials 5.4
Consumer Staples 4.6
Energy 2.2
Communication Services 2.2

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Financial Services 16.8
Software & Services 13.4
Capital Goods 12.7
Consumer Discretionary Distribution & Retail 8.7
Health Care Equipment & Services 8.4
Pharmaceuticals, Biotechnology & Life Sciences 7.4
Materials 5.4
Technology Hardware & Equipment 4.1
Consumer Services 4.1
Insurance 3.6
Banks 3.4
Other 12.0

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 12/10/24

Return on Equity 23.80%
Weighted Avg. Market Cap 655,980 M
2023 2024
Price-to-earnings 26.43 23.05
Price-to-book value 5.96 5.10

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus Beta
S&P 500 0.64
NASDAQ-100 0.48
MSCI EAFE 0.45
MSCI Emg. Mkts 0.35
Standard Deviation 9.40%

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 DYLG to loss due to adverse occurrences that may affect that industry or sector. Investors in DYLG should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

DYLG 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. DYLG 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. DYLG 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.