TYLG


Information Technology Covered Call & Growth ETF

Reasons to Consider TYLG

High Income Potential

TYLG seeks to generate income by writing covered calls on the Information Technology Select Sector SPDR Fund.

Upside Potential

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

Monthly Distributions

TYLG 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 $2.48 million
NAV $24.78
Fact Sheet

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


ETF Summary

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

ETF Objective

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

Trading Details As of 11/28/22

Ticker TYLG
Bloomberg Index Ticker BXLKH
CUSIP 37960A743
ISIN US37960A7431
Primary Exchange NYSE Arca
Shares Outstanding 100,000
Number of Holdings 77
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 $24.78 Daily Change -$0.42 -1.67%
Market Price $24.84 Daily Change -$0.40 -1.57%

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 ($) Shares Held Market Value ($)
55.88 XLK SPDR-TECH SEL S 2369709 130.74 10,591 1,384,667.34
10.01 AAPL APPLE INC 2046251 144.22 1,720 248,058.40
9.75 MSFT MICROSOFT CORP 2588173 241.76 999 241,518.24
2.11 NVDA NVIDIA CORP 2379504 158.27 330 52,229.10
1.88 V VISA INC-CLASS A SHARES B2PZN04 211.26 220 46,477.20
1.59 MA MASTERCARD INC - A B121557 344.59 114 39,283.26
1.14 AVGO BROADCOM INC BDZ78H9 522.21 54 28,199.34
1.07 CSCO CISCO SYSTEMS INC 2198163 48.08 550 26,444.00
0.94 ACN ACCENTURE PLC-CL A B4BNMY3 290.60 80 23,248.00
0.84 TXN TEXAS INSTRUMENTS INC 2885409 173.00 120 20,760.00
0.81 CRM SALESFORCE INC 2310525 153.69 130 19,979.70
0.80 ADBE ADOBE INC 2008154 328.97 60 19,738.20
0.72 QCOM QUALCOMM INC 2714923 119.54 150 17,931.00
0.71 IBM IBM 2005973 146.18 120 17,541.60
0.66 ORCL ORACLE CORP 2661568 81.39 200 16,278.00
0.64 INTC INTEL CORP 2463247 28.73 550 15,798.75
0.63 ADP AUTOMATIC DATA PROCESSING 2065308 258.33 60 15,499.80
0.62 INTU INTUIT INC 2459020 385.64 40 15,425.60
0.62 AMD ADVANCED MICRO DEVICES 2007849 73.19 210 15,369.90
0.50 AMAT APPLIED MATERIALS INC 2046552 103.47 120 12,416.40
0.49 NOW SERVICENOW INC B80NXX8 401.93 30 12,057.90
0.48 PYPL PAYPAL HOLDINGS INC BYW36M8 79.93 150 11,989.50
0.46 ADI ANALOG DEVICES INC 2032067 164.01 70 11,480.70
0.37 FISV FISERV INC 2342034 101.76 90 9,158.40
0.36 LRCX LAM RESEARCH CORP 2502247 443.23 20 8,864.60
0.34 MU MICRON TECHNOLOGY INC 2588184 55.75 150 8,362.50
0.30 KLAC KLA CORP 2480138 374.93 20 7,498.60
0.27 CDNS CADENCE DESIGN SYS INC 2302232 164.95 40 6,598.00
0.27 SNPS SYNOPSYS INC 2867719 329.12 20 6,582.40
0.25 ENPH ENPHASE ENERGY INC B65SQW4 312.21 20 6,244.20
0.25 APH AMPHENOL CORP-CL A 2145084 77.82 80 6,225.60
0.24 ROP ROPER TECHNOLOGIES INC 2749602 424.03 14 5,936.42
0.24 ADSK AUTODESK INC 2065159 195.35 30 5,860.50
0.22 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 265.98 20 5,319.60
0.21 FIS FIDELITY NATIONA 2769796 65.53 80 5,242.40
0.21 MCHP MICROCHIP TECHNOLOGY INC 2592174 74.34 70 5,203.80
0.20 TEL TE CONNECTIVITY LTD B62B7C3 124.62 40 4,984.80
0.20 NXPI NXP SEMICONDUCTORS NV B505PN7 164.10 30 4,923.00
0.19 PAYX PAYCHEX INC 2674458 120.47 40 4,818.80
0.19 FTNT FORTINET INC B5B2106 52.08 90 4,687.20
0.17 CTSH COGNIZANT TECH-A 2257019 60.10 70 4,207.00
0.17 ON ON SEMICONDUCTOR 2583576 69.96 60 4,197.60
0.16 ANET ARISTA NETWORKS INC BN33VM5 133.70 30 4,011.00
0.16 GPN GLOBAL PAYMENTS INC 2712013 99.77 40 3,990.80
0.15 CDW CDW CORP/DE BBM5MD6 185.30 20 3,706.00
0.14 HPQ HP INC BYX4D52 29.21 120 3,505.20
0.14 EPAM EPAM SYSTEMS INC B44Z3T8 350.16 10 3,501.60
0.14 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 173.59 20 3,471.80
0.14 IT GARTNER INC 2372763 345.03 10 3,450.30
0.13 GLW CORNING INC 2224701 33.11 100 3,311.00
0.13 PAYC PAYCOM SOFTWARE INC BL95MY0 325.23 10 3,252.30
0.12 SEDG SOLAREDGE TECHNO BWC52Q6 295.45 10 2,954.50
0.12 BR BROADRIDGE FINL B1VP7R6 146.50 20 2,930.00
0.11 ZBRA ZEBRA TECH CORP 2989356 269.00 10 2,690.00
0.11 HPE HEWLETT PACKA BYVYWS0 15.55 170 2,643.50
0.10 TDY TELEDYNE TECHNOLOGIES INC 2503477 413.33 6 2,479.98
0.10 ANSS ANSYS INC 2045623 241.75 10 2,417.50
0.09 NTAP NETAPP INC 2630643 72.57 30 2,177.10
0.09 MPWR MONOLITHIC POWER B01Z7J1 355.49 6 2,132.94
0.08 VRSN VERISIGN INC 2142922 197.75 10 1,977.50
0.08 TYL TYLER TECHNOLOGIES INC 2909644 326.73 6 1,960.38
0.08 JKHY JACK HENRY 2469193 188.80 10 1,888.00
0.08 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 187.31 10 1,873.10
0.07 GEN GEN DIGITAL INC BJN4XN5 23.03 80 1,842.40
0.07 AKAM AKAMAI TECHNOLOGIES INC 2507457 91.55 20 1,831.00
0.07 SWKS SKYWORKS SOLUTIONS INC 2961053 91.24 20 1,824.80
0.07 TER TERADYNE INC 2884183 90.22 20 1,804.40
0.07 TRMB TRIMBLE INC 2903958 57.46 30 1,723.80
0.06 STX SEAGATE TECHNOLO BKVD2N4 52.31 30 1,569.30
0.06 FFIV F5 INC 2427599 151.41 10 1,514.10
0.06 WDC WESTERN DIGITAL CORP 2954699 36.11 40 1,444.40
0.05 CDAY CERIDIAN HCM HOLDING INC BFX1V56 64.91 20 1,298.20
0.05 JNPR JUNIPER NETWORKS INC 2431846 31.91 40 1,276.40
0.05 CASH 1.00 1,246 1,245.81
0.05 PTC PTC INC B95N910 122.58 10 1,225.80
0.04 QRVO QORVO INC BR9YYP4 94.21 10 942.10
0.04 DXC DXC TECHNOLOGY CO BYXD7B3 28.95 30 868.50
-1.21 XLK US 12/16/2022 C132 315.29 -95 -29,952.20
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 TYLG to loss due to adverse occurrences that may affect that industry or sector. Investors in TYLG should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses. The Fund invests in securities of companies engaged in Information Technology, which can be affected by rapid product obsolescence and intense industry competition.

TYLG 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. TYLG 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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