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 11/28/22

Inception Date 11/21/22
Gross Expense Ratio 0.66%
Net Expense Ratio* 0.60%
Net Assets $2.49 million
NAV $24.91
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 11/28/22

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 N/A

Distributions As of 11/28/22

30-Day SEC Yield N/A
Unsubsidized 30-Day SEC Yield N/A
Distribution Frequency Monthly

ETF Prices As of 11/28/22

NAV $24.91 Daily Change -$0.27 -1.08%
Market Price $24.92 Daily Change -$0.29 -1.15%

Performance History

As of recent
(09/30/22)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -- -- --
3 Months -- -- --
Since Inception -- -- --
Year-to-Date -- -- --
1 Month -- -- --
3 Months -- -- --
Since Inception -- -- --

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 11/28/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
56.21 XLF SPDR-FINL SELECT 2364038 35.49 39,449 1,400,045.01
6.54 BRK/B BERKSHIRE HATH-B 2073390 313.27 520 162,900.40
4.59 JPM JPMORGAN CHASE & CO 2190385 134.35 850 114,197.50
3.00 BAC BANK OF AMERICA CORP 2295677 36.86 2,030 74,825.80
2.08 WFC WELLS FARGO & CO 2649100 46.98 1,100 51,678.00
1.54 GS GOLDMAN SACHS GROUP INC 2407966 382.36 100 38,236.00
1.41 SCHW SCHWAB (CHARLES) CORP 2779397 79.83 440 35,125.20
1.41 SPGI S&P GLOBAL INC BYV2325 351.01 100 35,101.00
1.41 MS MORGAN STANLEY 2262314 89.89 390 35,057.10
1.25 BLK BLACKROCK INC 2494504 721.17 43 31,010.31
1.06 C CITIGROUP INC 2297907 47.23 560 26,448.80
1.04 CB CHUBB LTD B3BQMF6 215.40 120 25,848.00
1.03 AXP AMERICAN EXPRESS CO 2026082 150.87 170 25,647.90
0.95 MMC MARSH & MCLENNAN COS 2567741 168.38 140 23,573.20
0.89 PGR PROGRESSIVE CORP 2705024 130.02 170 22,103.40
0.78 PNC PNC FINANCIAL SE 2692665 162.61 120 19,513.20
0.74 AON AON PLC-CLASS A BLP1HW5 305.27 60 18,316.20
0.70 CME CME GROUP INC 2965839 173.13 100 17,313.00
0.69 TFC TRUIST FINANCIAL CORP BKP7287 45.32 380 17,221.60
0.69 USB US BANCORP 2736035 43.74 390 17,058.60
0.68 ICE INTERCONTINENTAL BFSSDS9 105.08 160 16,812.80
0.59 MCO MOODY'S CORP 2252058 291.89 50 14,594.50
0.58 MET METLIFE INC 2573209 75.73 190 14,388.70
0.54 AIG AMERICAN INTERNA 2027342 60.74 220 13,362.80
0.52 TRV TRAVELERS COS INC/THE 2769503 186.32 70 13,042.40
0.49 AFL AFLAC INC 2026361 70.99 170 12,068.30
0.47 AJG ARTHUR J GALLAGHER & CO 2359506 196.43 60 11,785.80
0.47 PRU PRUDENTIAL FINANCIAL INC 2819118 105.55 110 11,610.50
0.46 MSCI MSCI INC B2972D2 495.96 23 11,407.08
0.44 COF CAPITAL ONE FINA 2654461 99.58 110 10,953.80
0.42 ALL ALLSTATE CORP 2019952 131.87 80 10,549.60
0.39 AMP AMERIPRISE FINANCIAL INC B0J7D57 325.75 30 9,772.50
0.38 BK BANK NY MELLON B1Z77F6 44.80 210 9,408.00
0.34 DFS DISCOVER FINANCI B1YLC43 106.85 80 8,548.00
0.34 TROW T ROWE PRICE GROUP INC 2702337 121.13 70 8,479.10
0.34 MTB M & T BANK CORP 2340168 169.52 50 8,476.00
0.33 STT STATE STREET CORP 2842040 73.52 110 8,087.20
0.29 WTW WILLIS TOWERS WATSON PLC BDB6Q21 239.57 30 7,187.10
0.29 FITB FIFTH THIRD BANCORP 2336747 35.59 200 7,118.00
0.28 RJF RAYMOND JAMES 2718992 115.85 60 6,951.00
0.27 HIG HARTFORD FINL SV 2476193 75.06 90 6,755.40
0.27 NDAQ NASDAQ INC 2965107 66.27 100 6,627.00
0.26 ACGL ARCH CAPITAL GROUP LTD 2740542 58.02 110 6,382.20
0.25 HBAN HUNTINGTON BANCSHARES INC 2445966 15.05 420 6,321.00
0.25 PFG PRINCIPAL FINANCIAL GROUP 2803014 89.54 70 6,267.80
0.24 RF REGIONS FINANCIAL CORP B01R311 22.54 270 6,085.80
0.24 FRC FIRST REPUBLIC BANK/CA B4WHY15 120.56 50 6,028.00
0.23 CFG CITIZENS FINANCIAL GROUP BQRX1X3 41.12 140 5,756.80
0.22 NTRS NORTHERN TRUST CORP 2648668 91.20 60 5,472.00
0.22 CINF CINCINNATI FINANCIAL CORP 2196888 107.39 50 5,369.50
0.21 SYF SYNCHRONY FINANCIAL BP96PS6 36.42 140 5,098.80
0.20 KEY KEYCORP 2490911 18.33 270 4,949.10
0.18 FDS FACTSET RESEARCH 2329770 451.46 10 4,514.60
0.18 WRB WR BERKLEY CORP 2093644 74.79 60 4,487.40
0.18 SIVB SVB FINANCIAL GROUP 2808053 217.52 20 4,350.40
0.16 BRO BROWN & BROWN INC 2692687 57.89 70 4,052.30
0.15 CBOE CBOE GLOBAL MARKETS INC B5834C5 124.17 30 3,725.10
0.14 GL GLOBE LIFE INC BK6YKG1 116.13 30 3,483.90
0.14 L LOEWS CORP 2523022 56.77 60 3,406.20
0.13 RE EVEREST RE GROUP LTD 2556868 329.14 10 3,291.40
0.11 CMA COMERICA INC 2212870 70.13 40 2,805.20
0.11 SBNY SIGNATURE BANK B00JQL9 134.27 20 2,685.40
0.10 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 254.62 10 2,546.20
0.10 AIZ ASSURANT INC 2331430 125.22 20 2,504.40
0.10 IVZ INVESCO LTD B28XP76 18.69 130 2,429.70
0.08 BEN FRANKLIN RESOURCES INC 2350684 26.02 80 2,081.60
0.08 ZION ZIONS BANCORP NA 2989828 50.23 40 2,009.20
0.06 LNC LINCOLN NATIONAL CORP 2516378 37.56 40 1,502.40
0.05 CASH 1.00 1,292 1,292.39
-1.50 XLF US 12/16/2022 C35 105.59 -353 -37,274.45
Holdings are subject to change.

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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