Global X Health Care Covered Call & Growth ETF
|
- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
FYLG tracks an index that holds S&P 500 financial stocks and sells one-month, at-the-money call options on up to 50% of each stock. |
Category | US Equities |
Fund Sponsor | Global X |
Website | www.globalxetfs.com |
Inception date | Nov 21, 2022 |
Assets (mns) | $3 |
Currency | USD |
Expense ratio | 60 bp |
Distributions | Monthly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Market Cap |
Index replication | |
Uses derivatives | Yes |
Options available | Yes |
No. of constituents | 64 |
Wgt avg mkt cap (mns) | $149,984 |
Large cap (>$10bn) | 52.8% |
Mid cap ($2-10bn) | 0.5% |
Small cap (<$2bn) | 0.0% |
Developed mkts | 53.4% |
Emerging mkts | 0.0% |
HEALTH CARE SELECT SECTOR | 53.4 % |
ELI LILLY & CO | 5.9 % |
UNITEDHEALTH GROUP INC | 4.5 % |
JOHNSON & JOHNSON | 3.2 % |
MERCK & CO. INC. | 2.8 % |
ABBVIE INC | 2.6 % |
THERMO FISHER SCIENTIFIC INC | 1.8 % |
ABBOTT LABORATORIES | 1.5 % |
AMGEN INC | 1.5 % |
PFIZER INC | 1.5 % | Total | 78.9 % |
---|
![]() |
UNITED STATES | 46.1 % |
![]() |
IRELAND | 1.1 % |
HISTORICAL PERFORMANCE ![info](../images/info2.jpg)
![info](../images/info2.jpg)
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
5.3% | -- | -- | -- | 10.3% |
versus... | Beta | R-squared |
S&P500 | 0.52 | 83% |
MSCI EAFE | 0.40 | 55% |
MSCI Emg. Mkts. | 0.31 | 32% |
Recent close | $25.68 |
30d moving avg. | $25.46 |
Annualized volatility | 8.4% |
Short interest (ETF) | 7.6% |
Relative strength (RSI) | 57 |
Avg. volume (thou.) | 1 |
Turnover | 0.9% |
Bid/Ask (% of price) | 0.35% |
ADV underlying (mns) | $33,697 |
FINDING ALTERNATIVE FUNDS
Below is a list of 30 potential alternatives to the Global X Health Care Covered Call & Growth ETF ETF based on the alternatives' overlap in portfolio holdings with HYLG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | HYLG | Expense: | 60 bp | ALTAR Score™: | 6.4% |
Ticker | Fund Name |
Overlap1 vs HYLG (%) |
Expense ratio (bp) |
Savings vs HYLG (bp) |
ALTAR Score™ (%) |
ALTAR vs HYLG (%) |
SIXH | ETC 6 Meridian Hedged Equity Index Option ETF | 13.7 | 82 | -22 | 6.0 | -0.4 |
XYLE | Global X S&P 500 ESG Covered Call ETF | 12.4 | 60 | 0 | 4.8 | -1.5 |
EFIV | SPDR S&P 500 ESG ETF | 12.3 | 10 | 50 | 5.3 | -1.1 |
CCOR | Core Alternative ETF | 12.2 | 107 | -47 | 4.9 | -1.5 |
XYLD | Global X S&P 500 Covered Call ETF | 12.0 | 60 | 0 | 4.7 | -1.7 |
PBP | Invesco S&P 500 BuyWrite ETF | 11.9 | 49 | 11 | 4.8 | -1.6 |
XRMI | Global X S&P 500 Risk Managed Income ETF | 11.9 | 60 | 0 | 4.7 | -1.7 |
XYLG | Global X S&P 500 Covered Call & Growth ETF | 11.8 | 60 | 0 | 4.7 | -1.7 |
XTR | Global X S&P 500 Tail Risk ETF | 11.8 | 26 | 34 | 5.2 | -1.2 |
XCLR | Global X S&P 500 Collar 95-110 ETF | 11.7 | 25 | 35 | 5.2 | -1.2 |
SFLR | Innovator Equity Managed Floor ETF | 10.8 | 89 | -29 | 4.3 | -2.0 |
DJIA | Global X Dow 30 Covered Call ETF | 10.7 | 60 | 0 | 5.4 | -0.9 |
DYLG | Global X Dow 30 Covered Call & Growth ETF | 10.7 | 60 | 0 | 5.4 | -1.0 |
ACIO | Aptus Collared Investment Opportunity ETF | 10.6 | 79 | -19 | 4.3 | -2.1 |
DIVO | Amplify CWP Enhanced Dividend Income ETF | 8.8 | 55 | 5 | 5.8 | -0.5 |
GARP | iShares MSCI USA Quality GARP ETF | 8.0 | 15 | 45 | 4.7 | -1.6 |
FTHI | First Trust BuyWrite Income ETF | 7.4 | 75 | -15 | 5.9 | -0.4 |
KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | 6.4 | 75 | -15 | 5.7 | -0.7 |
QYLD | Global X NASDAQ 100 Covered Call ETF | 6.0 | 60 | 0 | 4.2 | -2.2 |
QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 5.9 | 60 | 0 | 4.2 | -2.2 |
QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 5.9 | 60 | 0 | 4.3 | -2.1 |
NUSI | Nationwide Nasdaq-100 Risk-Managed Income ETF | 5.9 | 68 | -8 | 4.2 | -2.2 |
QTR | Global X NASDAQ 100 Tail Risk ETF | 5.8 | 26 | 34 | 4.6 | -1.8 |
QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 5.8 | 25 | 35 | 4.6 | -1.7 |
MMLG | First Trust Multi-Manager Large Growth ETF | 5.8 | 85 | -25 | 2.5 | -3.9 |
QYLE | Global X Nasdaq 100 ESG Covered Call ETF | 5.7 | 60 | 0 | 4.4 | -2.0 |
JEPQ | J.P. Morgan Nasdaq Equity Premium Income ETF | 5.3 | 35 | 25 | 4.6 | -1.8 |
XVOL | Acruence Active Hedge U.S. Equity ETF | 3.1 | 83 | -23 | 5.1 | -1.2 |
FTQI | First Trust Nasdaq BuyWrite Income ETF | 3.0 | 75 | -15 | 4.1 | -2.2 |
LCG | Sterling Capital Focus Equity ETF | 0.3 | 59 | 1 | 3.9 | -2.5 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
Content on this tab for subscribers only**
RESULTS & ESTIMATES
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | |
---|---|---|---|---|---|---|---|
Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
Content on this tab for subscribers only
VALUATION METRICS
2023 | 2024E | 2025E | |
---|---|---|---|
Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Global X Health Care Covered Call & Growth ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
OVERWEIGHT |
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals. |
ALTAR Score™
|
MODERN PORTFOLIO THEORY
![]() |
CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
|