Global X is trading at 26.65 as of the 21st of November 2024. This is a 0.04 percent decrease since the beginning of the trading day. The etf's lowest day price was 26.63. Global X has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Global X Russell are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. More on Global X Russell
Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang, Sandy Lu
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
31-Oct
Exchange
NYSE Arca, Inc.
Number of Constituents
5.0
Market Maker
Jane Street
Total Expense
0.45
Management Fee
0.35
200 Day M A
25.4099
Country Name
USA
50 Day M A
26.1227
Code
RYLG
Updated At
20th of November 2024
Returns Y T D
12.38
Name
Global X Russell 2000 Covered Call Growth ETF
Currency Name
US Dollar
Currency Code
USD
Open Figi
BBG019X356C4
Type
ETF
1y Volatility
13.37
Global X Russell [RYLG] is traded in USA and was established 2022-10-04. The fund is listed under Derivative Income category and is part of Global X family. The entity is thematically classified as Buywrite ETFs. Global X Russell at this time have 2.66 M in assets. , while the total return for the last year was 21.1%.
Check Global X Probability Of Bankruptcy
Global X Russell Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Global X Russell is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Global X Russell. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Global X Russell is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.