Global X Funds - Global X S&P 500 ESG Covered Call ETF (XYLE)
Global X Funds - Global X S&P 500 ESG Covered Call ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $25.61, down 0.00% on the session, giving a market capitalisation of $2.5M. Its beta of 0.59 implies it has historically moved less than the broad market.
The fund primarily allocates at least 80% of its net assets, including any capital acquired through borrowing, towards securities included in the Cboe S&P 500 ESG BuyWrite Index, which serves as its benchmark. This 80% investment directive is considered non-fundamental; consequently, it can be modified, but only after providing shareholders with 60 days' prior written notification. It is important to note that this fund maintains a non-diversified portfolio structure.
Global X Funds - Global X S&P 500 ESG Covered Call ETF is most often compared with the following Financial Services names: