RYLD ETF Analysis: Russell 2000 Covered Call | NYSE

Derivative Income | NYSE, USA | Market Cap: 1.356m USD | 12M Return: 20.4% | Charts, Fundamentals & Technical Analysis

Small Cap Stocks, Covered Calls, Index Options, Income Distribution
Total Rating 63
Safety 56
Buy Signal 0.26
Derivative Income
Category Rotation: -9.2
TER: 0.60%
AUM: 1.36B
Avg Turnover: 8.24M
Risk 3d forecast
Volatility7.35%
VaR 5th Pctl1.29%
VaR vs Median-2.47%
Reward TTM
Sharpe Ratio1.44
Rel. Str. IBD51.4
Rel. Str. Peer Group63.6
Character TTM
Beta0.634
Beta Downside0.731
Hurst Exponent0.433
Drawdowns 3y
Max DD19.05%
CAGR/Max DD0.43
CAGR/Mean DD2.58

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 7.2 years of data

Jan -1.4% 20
Feb +0.3% 3
Mar -5.6% 17
Apr +0.5% 3
May +0.0% 2
Jun +0.5% 11
Jul +1.0% 13
Aug -0.3% 4
Sep -0.7% 18
Oct +0.4% 6
Nov +3.7% 27
Dec -0.0% 2

Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.

Description: RYLD Russell 2000 Covered Call

The Global X Russell 2000 Covered Call ETF (RYLD) is a derivative income fund that seeks to track an index holding the Russell 2000 Index while writing one-month at-the-money covered calls on that same index. The strategy obligates the fund to invest at least 80% of its total assets in Russell 2000 component securities or instruments with substantially identical economic characteristics.

As a covered call ETF, RYLD generates additional income by collecting premiums from selling call options, though this structure typically caps upside participation in exchange for those premiums. The underlying Russell 2000 Index tracks U.S. small-cap equities, making RYLD a tool for investors seeking income exposure to the small-cap segment of the U.S. market.

Headlines to Watch Out For
  • Russell 2000 small-cap performance drives NAV returns
  • Implied volatility levels boost covered call premium income
  • Fed rate path influences income investor demand versus bonds
What is the price of RYLD shares?

As of June 30, 2026, the stock is trading at USD 15.93 with a total of 782,339 shares traded. Over the past week, the price has changed by +0.08%, over one month by +1.93%, over three months by +10.19% and over the past year by +20.38%.

Current recommended Stop Loss: 15.70 (which is 1.4% or 1.9 ATR below the current price).

Is RYLD a buy, sell or hold?

Russell 2000 Covered Call has no consensus analysts rating.