Investment Details

Enter your initial investment amount in RYLD
Monthly additional investment (optional)
How long do you plan to hold RYLD?

RYLD Parameters

RYLD's current dividend yield (approximately 12.5%)
Expected annual change in dividend yield (covered call funds often decline)
Expected annual appreciation (limited by covered call strategy)
Expected income from selling covered calls

Advanced Options

Automatically reinvest dividends to purchase more shares
Your effective tax rate (covered call income often taxed as ordinary income)

About RYLD

The Global X Russell 2000 Covered Call ETF (RYLD) seeks to generate income through covered call writing on the Russell 2000 Index while providing exposure to U.S. small-cap equities. The fund combines equity ownership with option income generation.

  • Small-cap equity exposure with covered call income
  • Monthly distribution schedule
  • 0.60% expense ratio
  • High current income generation
  • Professional options management

Key Investment Features

  • High Income: Generates high current income through covered calls
  • Small-Cap Exposure: Access to Russell 2000 small-cap companies
  • Monthly Distributions: Regular monthly income payments
  • Professional Management: Systematic covered call strategy
  • Tax Considerations: Income may be taxed as ordinary income
  • Volatility Reduction: Option premiums help reduce portfolio volatility

Important Considerations

  • Limited upside potential due to covered call strategy
  • Higher tax rates on option income vs. qualified dividends
  • Distributions may decline in low volatility environments
  • Small-cap volatility can affect underlying performance
  • Option strategy complexity requires professional management
  • NAV erosion risk if distributions exceed net income

Disclaimer: This calculator is for educational purposes only and does not constitute investment advice. Covered call strategies involve complex tax implications and risks. Option income may be taxed as ordinary income. Please consult with a financial advisor before making investment decisions.