Global X S&P 500 Covered Call UCITS ETF Dist
IE0002L5QB31
EquitiesThis ETF seeks to replicate the performance of the S&P 500 index, but by implementing a covered call writing strategy. This means it generates additional income by selling call options on the S&P 500 stocks, which can reduce volatility and generate a potentially higher return than the underlying index, although it also implies a limit on potential gains.
Instruments
Instrument Statistics
Annualized ReturnThe average gain or loss of an investment per year over a specific period. It is expressed as a percentage.0.55%
Annual VolatilityMeasures how much the price of an asset fluctuates. High volatility means the price can change dramatically in a short period, implying higher risk.14.72%
Asset Data
Manager
Global X
Benchmark Index
S&P 500
TER
0.65 %
Capitalization
238,000,000M
Capitalization Type
Acc