Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing

ISIN IE000SAXJ1M1

TER
0.45% p.a.
Distribution policy
Distributing
Replication
Synthetic
Fund size
EUR 41 m
Inception Date
6 May 2025
  • This product does only have marketing distribution rights for Austria, Switzerland, Germany, Denmark, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Sweden.
 

Overview

Description

The Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing seeks to track the EURO STOXX 50 Covered Call ATM index. The EURO STOXX 50 Covered Call ATM index tracks the performance of a covered call option on the EURO STOXX 50 index. A covered call option combines a long position in an asset with the selling of call options on this asset.
 
The ETF's TER (total expense ratio) amounts to 0.45% p.a.. The ETF replicates the performance of the underlying index synthetically with a swap. The dividends in the ETF are distributed to the investors (Monthly).
 
The Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing is a small ETF with 41m Euro assets under management. The ETF was launched on 6 May 2025 and is domiciled in Ireland.
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Chart

Basics

Data

Index
EURO STOXX 50 Covered Call ATM
Investment focus
Equity, Europe, Covered Call
Fund size
EUR 41 m
Total expense ratio
0.45% p.a.
Replication Synthetic (Swap-based)
Legal structure ETF
Strategy risk Long-only
Sustainability No
Fund currency EUR
Currency risk Currency unhedged
Volatility 1 year (in EUR)
-
Inception/ Listing Date 6 May 2025
Distribution policy Distributing
Distribution frequency Monthly
Fund domicile Ireland
Fund Provider Global X
Germany Unknown
Switzerland Unknown
Austria Unknown
UK UK Reporting
Indextype -
Swap counterparty -
Collateral manager
Securities lending No
Securities lending counterparty

Similar ETFs

There are currently no ETFs tracking the same index or having an identical investment focus than the Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing.
How do you like our ETF profile? Here you'll find our Questionnaire.

Performance

The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.

Returns overview

YTD -
1 month +0.79%
3 months +5.33%
6 months +6.17%
1 year -
3 years -
5 years -
Since inception (MAX) +6.88%
2024 -
2023 -
2022 -
2021 -

Monthly returns in a heat map

Dividends

Current dividend yield

Current dividend yield -
Dividends (last 12 months) -

Historic dividend yields

Period Dividend in EUR Dividend yield in %
1 Year - -

Dividend yield contribution

Monthly dividends

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year -
Volatility 3 years -
Volatility 5 years -
Return per risk 1 year -
Return per risk 3 years -
Return per risk 5 years -
Maximum drawdown 1 year -
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -5.49%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Borsa Italiana EUR SYLD -
-
-
-
-
London Stock Exchange GBP SXYD

London Stock Exchange USD SYLD

SIX Swiss Exchange CHF SYLD

XETRA EUR SY7D

Frequently asked questions

What is the name of -?

The name of - is Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing.

What is the ticker of Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing?

The primary ticker of Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing is -.

What is the ISIN of Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing?

The ISIN of Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing is IE000SAXJ1M1.

What are the costs of Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing?

The total expense ratio (TER) of Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing amounts to 0.45% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

Is Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing paying dividends?

Yes, Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing is paying dividends. Usually, the dividend payments take place monthly for Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing.

What's the fund size of Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing?

The fund size of Global X EURO STOXX 50 Covered Call UCITS ETF EUR Distributing is 41m Euro. See the following article for more information about the size of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.