DYLG ETF — Global X Dow 30 Covered Call & Growth ETF

Global X Dow 30 Covered Call & Growth ETF (DYLG)

Updated October 16, 2026.

DYLG is an ETF that tracks the Cboe S&P 500 Half BuyWrite Index. its distribution rate is 2.99%, its trailing-12-month yield is 9.14%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 87/100 (Safe). Total return is 45.7% over the past 3.2 years, 28.7 points behind SPY at 74.4%.

Global X Dow 30 Covered Call & Growth ETF tracks an index that combines a long position in S&P 500 stocks with a covered call strategy, selling one-month at-the-money call options on roughly half the portfolio's value to generate additional income. The fund distributes monthly income and carries an expense ratio of 0.35%. It appeals to income-focused investors seeking yield enhancement through options strategies while maintaining equity exposure.

DYLG performance versus SPY

Price and return data through 2026-10-16.

Total return is 45.7% over the past 3.2 years, 28.7 points behind SPY at 74.4%. Over the past year its total return — price change plus distributions reinvested — is 14.7%. Its deepest 1-year drawdown was 8.3%.

DYLG key facts

Distribution Safety Score™

87 · Safe

Safety-Adjusted Yield

2.60%

Issuer

Global X

Asset type

ETF

Asset class

Equity

Inception date

07/25/2023

Expense ratio

0.35%

Distribution rate

2.99%

Distribution frequency

Monthly

Trailing yield

9.14%

Last close

$28.12 (as of 2026-10-16)

AUM

$4,804,692

Average volume

467.0

Dividend

$0.07

Ex-dividend date

09/21/2026

Payment date

09/24/2026

Beta

0.65

How Dividend Vision calculates yield and returns

Distribution rate (2.99%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (9.14%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Global X or company page; Index: Cboe S&P 500 Half BuyWrite Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DYLG risks and drawbacks

DYLG's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.3%.

Who may consider DYLG — and who may not

DYLG may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DYLG

• All tickers starting with D

Tagged: Basket, Covered Call, S&P500, Options, Growth & Income, Index, DJIA.

Frequently asked questions

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