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DYLG - ETF AI Analysis
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Global X Dow 30 Covered Call & Growth ETF (DYLG)
Rating:74Outperform
Price Target:
$30.00
Positive Factors
Strong Top Holdings
Several key positions, such as Goldman Sachs and Caterpillar, have shown strong year-to-date performance, supporting the fund's overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including financials, technology, and healthcare, which helps reduce risk from sector-specific downturns.
Reasonable Expense Ratio
The fund's expense ratio is relatively low, making it cost-effective compared to many other ETFs.
Negative Factors
Over-Concentration in U.S. Market
The ETF is heavily focused on U.S. companies, offering little exposure to international markets and limiting geographic diversification.
Underperforming Holdings
Some top holdings, such as UnitedHealth and Sherwin-Williams, have lagged in year-to-date performance, which could weigh on overall returns.
High Financial Sector Exposure
The fund has significant exposure to the financial sector, which could increase vulnerability if this sector faces challenges.
DYLG vs. SPDR S&P 500 ETF (SPY)
AUM4.12M
RegionNorth America
Expense Ratio0.35%
Beta0.69
IssuerGlobal X
Inception DateJul 25, 2023
Dividend Yield16.17%
Asset ClassEquity
Index TrackedCboe DJIA Half BuyWrite Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,183
30 Day Avg. Volume2,815
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
30.93Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering32
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DYLG Summary
The Global X Dow 30 Covered Call & Growth ETF (DYLG) is an investment fund that focuses on large, well-established companies in the Dow Jones Industrial Average. It includes household names like Microsoft and Goldman Sachs, blending growth potential with income generation through a covered call strategy. This ETF is ideal for investors seeking a mix of stability and income, as it targets blue-chip stocks while aiming to provide extra returns through options writing. However, new investors should know that its performance can fluctuate with the overall stock market, especially since it heavily relies on large-cap U.S. companies.
How much will it cost me?The Global X Dow 30 Covered Call & Growth ETF (DYLG) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average because it uses an actively managed covered call strategy to generate income and enhance returns. It’s designed for investors seeking a mix of growth and income with large-cap stocks.
What would affect this ETF?DYLG's focus on large-cap U.S. companies and its covered call strategy could benefit from stable economic growth and strong performance in sectors like technology and financials, which are heavily weighted in the fund. However, rising interest rates or regulatory changes affecting key holdings like Goldman Sachs and Microsoft could negatively impact returns, while broader market volatility may challenge its income generation strategy. The ETF's reliance on North American exposure also makes it sensitive to U.S. economic conditions.
DYLG Top 10 Holdings
The Global X Dow 30 Covered Call & Growth ETF (DYLG) leans heavily into financials and technology, with Goldman Sachs and Microsoft among its top holdings. Goldman Sachs has shown mixed performance recently, with strong long-term growth offset by near-term caution. Microsoft, steady in cloud and AI growth, adds stability but isn’t firing on all cylinders. Caterpillar is rising, benefiting from operational efficiency and backlog growth, while Home Depot is lagging, weighed down by bearish momentum and cash flow challenges. With a U.S.-centric portfolio and a focus on large-cap blue chips, the fund balances income generation with growth potential.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Goldman Sachs Group | 10.49% | $430.21K | $237.19B | 33.07% | 71 Outperform | |
| Caterpillar | 7.26% | $297.88K | $256.26B | 36.53% | 76 Outperform | |
| Microsoft | 6.82% | $279.80K | $3.82T | 20.70% | 82 Outperform | |
| Home Depot | 5.08% | $208.40K | $381.31B | -3.74% | 75 Outperform | |
| American Express | 4.78% | $196.11K | $248.32B | 23.93% | 81 Outperform | |
| Sherwin-Williams Company | 4.55% | $186.58K | $85.02B | -11.81% | 72 Outperform | |
| Visa | 4.51% | $185.12K | $655.62B | 10.62% | 75 Outperform | |
| UnitedHealth | 4.39% | $179.97K | $299.68B | -45.07% | 76 Outperform | |
| JPMorgan Chase | 4.10% | $168.23K | $841.86B | 26.16% | 70 Outperform | |
| International Business Machines | 3.99% | $163.66K | $281.22B | 43.62% | 77 Outperform |
DYLG Technical Analysis
Positive
―
Price Trends
26.92
Positive
26.39
Positive
25.72
Positive
Market Momentum
0.18
Negative
61.14
Neutral
49.15
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DYLG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.19, equal to the 50-day MA of 26.92, and equal to the 200-day MA of 25.72, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 61.14 is Neutral, neither overbought nor oversold. The STOCH value of 49.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DYLG.
DYLG Peer Comparison
Comparison Results
Performance Comparison
DYLG
Global X Dow 30 Covered Call & Growth ETF
27.46
2.18
8.62%
BMVP
Invesco Bloomberg Mvp Multi-Factor Etf
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ONEO
SPDR Russell 1000 Momentum Focus ETF
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BCUS
Bancreek U.S. Large Cap ETF
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UPSD
Aptus Large Cap Upside ETF
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HUSV
First Trust Horizon Managed Volatility Domestic ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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