Global X S&P 500 Covered Call UCITS ETF Dist

IE0002L5QB31

Equities

This 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

Price History

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