Global X S&P 500 Covered Call Active ETF

The Global X S&P 500 Covered Call Active ETF is an exchange-traded fund (ETF) that seeks to generate income and total return by investing in the stocks of the S&P 500 Index and simultaneously selling (writing) call options (covered calls) on these stocks or the index itself. This strategy primarily aims to generate income through option premiums, with the potential to reduce portfolio volatility, although limiting participation in significant upside market gains.