Global X is trading at 22.03 as of the 17th of March 2025, a 1.99 percent increase since the beginning of the trading day. The etf's open price was 21.6. Global X has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of December 2024 and ending today, the 17th of March 2025. Click here to learn more.
The index measures the performance of a covered call strategy that holds a theoretical portfolio of the underlying stocks of the Dow Jones Industrial Average and writes a succession of one-month at-the-money covered call options on the Reference Index. More on Global X Dow
John Belanger, Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
31-Oct
Exchange
NYSE Arca, Inc.
Number of Constituents
33.0
Market Maker
Jane Street
Total Expense
0.6
Management Fee
0.6
Country Name
USA
Returns Y T D
(0.72)
Name
Global X Dow 30 Covered Call ETF
Currency Code
USD
Open Figi
BBG015GTQ3H3
In Threey Volatility
11.79
1y Volatility
8.69
200 Day M A
22.7353
50 Day M A
22.7219
Code
DJIA
Updated At
16th of March 2025
Currency Name
US Dollar
In Threey Sharp Ratio
0.42
Global X Dow [DJIA] is traded in USA and was established 2022-02-23. The fund is listed under Derivative Income category and is part of Global X family. The entity is thematically classified as Strategy ETFs. Global X Dow currently have 39.09 M in assets under management (AUM). , while the total return for the last 3 years was 8.0%.
Check Global X Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global X Dow Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Global X Dow offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Dow Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Dow Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Global X Dow. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Global X Dow is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.