Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

Global X Russell 2000 Covered Call ETF (RSCC : NEO)

U.S. Small/Mid Cap Equity

Close
(05-20-2025)
$16.83
Change
-$0.11 (-0.65%)
Open $16.84
Day Range $16.82 - $16.88
Volume 2,069

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Closing PriceVolume2024-12-022024-12…2024-12-162024-12-302025-01-132025-01-272025-02-102025-02-242025-03-102025-03-242025-04-072025-04-212025-05-052025-05-192024-12-022024-12-302025-01-272025-02-242025-03-242025-04-21$14.00$16.00$18.00$20.00$22.00025,00050,000Period
Created with Highcharts 10.3.32024-12-022024-1…2024-12-162024-12-302025-01-132025-01-272025-02-102025-02-242025-03-102025-03-242025-04-072025-04-212025-05-052025-05-192025-05-…2024-12-022024-12-302025-01-272025-02-242025-03-242025-04-21-30%-20%-10%0%Period

Legend

Global X Russell 2000 Covered Call ETF

Compare Options


Fund Returns

Inception Return (October 16, 2024): -15.78%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -6.82% -16.88% - -14.05% - - - - - - - - - -
Benchmark -5.32% -15.79% -6.71% -11.04% 4.91% 10.58% 8.26% 4.47% 11.77% 7.27% 8.17% 7.55% 9.85% 8.62%
Category Average -4.28% -8.56% -8.56% -11.05% -1.61% 4.93% 2.51% 0.07% 7.64% 3.25% 3.56% 3.78% 5.50% 4.75%
Category Rank 235 / 295 156 / 295 - 231 / 294 - - - - - - - - - -
Quartile Ranking 4 3 - 4 - - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25-10%-5%0%5%10%15%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund - - - - - - - -4.71% 3.41% -4.77% -6.33% -6.82%
Benchmark 3.32% -1.00% 6.13% -1.81% 2.68% 2.75% 10.22% -4.86% 5.64% -5.13% -6.25% -5.32%

Best Monthly Return Since Inception

3.41% (January 2025)

Worst Monthly Return Since Inception

-6.82% (April 2025)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - -
Benchmark 11.76% 14.08% 8.66% -2.87% 21.65% 11.78% 20.00% -11.77% 13.76% 24.39%
Category Average 6.25% 9.80% 10.84% -7.63% 15.90% 4.61% 23.16% -17.30% 11.64% 13.19%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
US Equity 99.79
Cash and Equivalents 0.21

Sector Allocation

Sector Allocation
Name Percent
Exchange Traded Fund 101.00
Cash and Cash Equivalent 0.21
Other -1.21

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
GLOBAL X RUSSELL 2000 INDEX ETF 101.00
Cash and Cash Equivalents 0.21
IWM C197.5 05/23/25 -0.08
IWM C202 05/30/25 -0.12
IWM C190 05/02/25 -0.26
IWM C188 05/09/25 -0.36
IWM C190 05/16/25 -0.39

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date October 16, 2024
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $20.82
52 Week Low $14.80
Annual Dividend $0.63
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

RSCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of small-cap securities of the U.S. equity market (currently, the Russell 2000 RIC Capped Index); and (b) monthly distributions of dividend income and call option premiums. To mitigate downside risk and generate premiums, RSCC will employ a dynamic covered call option writing program.

Investment Strategy

To achieve its investment objective, RSCC invests, directly or indirectly, in a portfolio of small-cap U.S. equities. Currently, it is anticipated that RSCC will initially seek to achieve its exposure to the Russell 2000 RIC Capped Index by investing in securities of an exchange traded fund managed by the Manager or an affiliate of the Manager.

Portfolio Management

Portfolio Manager

Global X Investments Canada Inc.

Sub-Advisor

-

Management and Organization

Fund Manager

Global X Investments Canada Inc.

Custodian

CIBC Mellon Trust Company

Registrar

TSX Trust Company

Distributor

-

Fees

MER -
Management Fee 0.65%

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports