RYLD

Global X Russell 2000 Covered Call ETF [RYLD] Stock Forecast

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RSI : 000

RYLD Stock Summary

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In the News

12:54 29 Mar 2024 RYLD

RYLD: Small Cap Implied Volatility Dips, Not Ideal For Selling Calls

Russell 2000 implied volatility hits a two-month low, which means less in the way of option premium to be collected from selling upside calls. Small caps continue to struggle relative to large caps, but IWM's absolute chart shows signs of life, suggesting that owning IWM over RYLD today could make more sense. The Global X Russell 2000 Covered Call ETF has underperformed and may not be the best investment option right now given macro conditions, though seasonality is strong ahead.

12:36 29 Mar 2024 RYLD

RYLD: Lagging Other Buy-Write ETFs

Global X Russell 2000 Covered Call ETF implements a buy-write strategy in the small cap index Russell 2000. The RYLD ETF shows a 2-digit yield, but also a high variability in distributions and a large decay in share price. The covered call strategy was quite effective in 2022, but RYLD has underperformed at least 5 competitors since its inception.

09:31 29 Mar 2024 RYLD

My 9% Income Portfolio-Living Off Dividends

Total Return is the actual rate of return for an investment over a given evaluation period, typically one, three, five, or ten years. The Total NAV Return is the sum of all dividends/distributions, assuming they are reinvested, plus the change in the NAV of the fund, be it positive or negative. However, managing our portfolio is not only about applying financial rules, because it is not certain that dividends can and will always be reinvested.

03:12 29 Mar 2024 RYLD

RVT Crushes Blind Covered Call Selling From RYLD (Rating Downgrades)

Royce Value Trust has outperformed Global X Russell 2000 Covered Call ETF since the article was written, with RVT up 21.07% and RYLD up 3.60%. RVT's outperformance can be attributed to picking the right stocks and a reduction in the discount to NAV. RYLD's poor performance is due to its mandate to sell covered calls, resulting in value destruction and potential losses in a volatile market.

05:59 29 Mar 2024 RYLD

RYLD: A Magnet For Yield Chasers, Not Worth Your Time

Global X Russell 2000 Covered Call ETF sells monthly call options against RUT, an index of US small-cap stocks. RYLD's options strategy limits its upside exposure to the index, resulting in missed opportunities for investors. The return of capital dividends introduces tax implications that are advantageous for some investors, but individual tax situations may vary.

06:04 29 Mar 2024 RYLD

RYLD: Possibly The Worst 'High Dividend' Fund For Retired Investors Today

From a technical and tax view, covered call ETFs, such as RYLD, do not pay actual dividends but distribute capital back to investors. RYLD often attracts unsuitable investors looking for long-term income strategies, with some forgetting initial capital investments will eventually be lost without dividend reinvestment. Using RYLD as an income strategy is similar to an insurance provider using premiums as personal income, instead of saving for inevitable claims and settlements.

03:48 29 Mar 2024 RYLD

RVT's 8.3% Yield Beats RYLD's 15.5%

RYLD, a covered call writing fund, has performed poorly and has a sub 2% annual total return since inception. We explain why that has happened and why the odds of meeting the current yield without NAV depletion is virtually zero. We go over why RVT is a better choice for yield seekers.

01:32 29 Mar 2024 RYLD

A Guide to Covered Call ETFs

In a quest for higher yields amid increased volatility in the stock market, investors are flocking to ETFs utilizing covered-call strategies, resulting in a notable uptick in fund inflows.

01:32 29 Mar 2024 RYLD

Covered Call ETFs: A High-Yield Income Strategy for Investors

In a quest for higher yields amid increased volatility in the stock market, investors are flocking to ETFs utilizing covered-call strategies, resulting in a notable uptick in fund inflows.

04:08 29 Mar 2024 RYLD

RYLD: Inflation First, Dividends Second

Global X Russell 2000 Covered Call ETF is a covered call exchange-traded fund that focuses on small cap stocks and employs an at-the-money buy write strategy with a dividend yield of 13.77%. When considering total returns compared to inflation, RYLD has not kept up with inflation since its inception in 2019. RYLD may not be a sustainable income investment for those living off the income for mid-long periods of time.

RYLD Financial details

Company Rating
-
Market Cap
1.39B
Income
-
Revenue
-
Book val./share
-
Cash/share
-
Dividend
0.18
Dividend %
11.68%
Employees
-
Optionable
No
Shortable
Yes
Earnings
-
P/E
0
Forward P/E
-
PEG
-
P/S
-
P/B
-
P/C
-
P/FCF
-
Quick Ratio
-
Current Ratio
-
Debt / Equity
-
LT Debt / Equity
-
-
-
EPS (TTM)
-
EPS next Y
-
EPS next Q
-
EPS this Y
-
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-
Revenue last 5Y
-
Revenue Q/Q
-
EPS Q/Q
-
-
-
-
-
SMA20
2.26%
SMA50
1.58%
SMA100
4.03%
Inst Own
0%
Inst Trans
0%
ROA
-
ROE
-
ROC
-
Gross Margin
-
Oper. Margin
-
Profit Margin
-
Payout
-
Shs Outstand
82.4M
Shs Float
0
-
-
-
-
Target Price
-
52W Range
15.85-18.47
52W High
-6.06%
52W Low
+12.73%
RSI
63.12
Rel Volume
0.65
Avg Volume
771.04K
Volume
504.64K
Perf Week
1.93%
Perf Month
2.24%
Perf Quarter
1.81%
Perf Half Y
0.36%
-
-
-
-
Beta
0.55
-
-
Volatility
0.06%, 0.19%
Prev Close
0.06%
Price
16.91
Change
0.65%

RYLD Financial Performance

RYLD Frequently Asked Questions

What is Global X Russell 2000 Covered Call ETF stock symbol ?

Global X Russell 2000 Covered Call ETF is a US stock and trading under the symbol RYLD

What is Global X Russell 2000 Covered Call ETF stock quote today ?

Global X Russell 2000 Covered Call ETF stock price is $16.91 today.

Is Global X Russell 2000 Covered Call ETF stock public?

Yes, Global X Russell 2000 Covered Call ETF is a publicly traded company.

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