Global X Health Care Covered Call & Growth ETF (HYLG)
Global X Health Care Covered Call & Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $24.54, up 0.00% on the session, giving a market capitalisation of $3.4M. Its beta of 0.49 implies it has historically moved less than the broad market.
This ETF is designed to mirror the performance of a specific investment strategy: a partially covered call approach. This strategy is constructed using the underlying securities that make up the Health Care Select Sector Index. The fund does not invest directly in the index itself but instead acquires individual securities from that index or other investment vehicles, including ETFs, which possess similar economic characteristics. A key point to note is that this fund is designated as non-diversified.
Global X Health Care Covered Call & Growth ETF is most often compared with the following Financial Services names: