Global X Russell 2000 Covered Call ETF Price & Performance (RYLD)

The Global X Russell 2000 Covered Call ETF (RYLD) is set to go ex-dividend on May 19, 2025, with a current yield near 13%. The fund's price closed at $14.76 on Friday after a modest gain. Investors seeking income should note the high payout ratio and recent negative annual return.12

RYLD has shown positive technical signals with rising prices and increased trading volume, yet it remains overbought on RSI14, suggesting a likely correction. Analysts recommend holding or accumulating at current levels, as the ETF trades near its short-term trend top and faces increased volatility risk in the coming sessions.13

Global X has recently launched new ETFs, including enhanced small-cap and Bitcoin covered call strategies, aiming to attract investors seeking high distributions and volatility management. These launches add to Global X’s growing suite of income-focused products, reflecting ongoing demand for innovative yield solutions in uncertain markets.45