Global X Financials Covered Call & Growth ETF

FYLG is a US Equities ETF. The Global X Financials Covered Call & Growth ETF 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. The Index measures the performance of a partially covered call strategy that holds a theoretical portfolio of the underlying securities of the Financial Select Sector Index. The Index writes (or sells) a succession of one-month at-the-money covered call options on the Financial Select Sector SPDR Fund, or such other fund that seeks to track the performance of the Reference Index, as determined by Cboe. The call options correspond to approximately 50% of the value of the securities in the Reference Index, therefore representing a partially covered call strategy.

FYLG tracks the Cboe S&P Financial Select Sector Half BuyWrite Index.

No, FYLG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FYLG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FYLG is -0.0017%. This is the percent change in the value of FYLG over the most recent 1-month period. The 3-month return on FYLG is 0.0223%. This is the percent change in the value of FYLG over the most recent 3-month period.

ETFs similar to FYLG include PKW, VIXY, and XYLD.

ETFs correlated to FYLG include FAS, XLF, and FNCL.

ETFs that are inversely correlated to FYLG include FAZ, BNKD, and DOG.