Global X Russell 2000 Covered Call (RYLD) Performance
RYLD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.6% since Dec 31, 2025
- 1 year
- +11.5% total return
- 5 years
- +2.0% a year
- Since first price
- +5.3% a year since 2019
RYLD trailing returns vs SPY, QQQ, AGG
| Period | RYLD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.3% | −2.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.1% | −4.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.2% | −0.9% | +7.8% | +8.4% | −1.5% |
| YTD | +9.6% | −0.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.5% | −1.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +36.0%+10.8%/yr | −5.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +10.4%+2.0%/yr | −39.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionApr 22, 2019 | +47.3%+5.3%/yr | −39.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: RYLD vs SPY
From Apr 22, 2019: RYLD grew to $14,731, SPY to $29,211.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RYLD returns by calendar year
4 of 6 full years positive. Best 2021 (+22.1%), worst 2022 (−13.0%). 2026 is year to date.
RYLD annual returns table
| Year | RYLD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.6% | −6.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.6% | −19.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.1% | −6.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +0.3% | −11.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −13.0% | −19.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +22.1% | −6.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −0.4% | −41.5% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
RYLD largest drawdowns
Now 5.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −41.5% | Mar 18, 2020 | Jan 7, 2021 | 27 days | 11 months |
| Nov 19, 2021 | −21.3% | Apr 8, 2025 | Jan 5, 2026 | 3.4 years | 4.1 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
RYLD risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +9.2% | +2.6% | +5.4% |
| Volatility (annualized) | 9.3% | 11.0% | 14.8% |
| Sharpe ratio | 0.53 | -0.04 | 0.25 |
| Sortino ratio | 0.78 | -0.05 | 0.33 |
| Best month | +5.4% | +7.3% | +10.4% |
| Worst month | −5.0% | −6.6% | −23.1% |
| Best 12 months | +23.0% | +23.0% | +60.1% |
| Worst 12 months | +0.2% | −16.3% | −20.2% |
| Positive months | 69% | 62% | 66% |
| Beta vs S&P 500 | 0.56 | 0.55 | — |
| Correlation with S&P 500 | 0.75 | 0.78 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
RYLD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 79 | −20.2% | +3.7% | +60.1% | 62% |
| 3-year (a year) | 55 | −3.4% | +4.1% | +14.7% | 75% |
| 5-year (a year) | 31 | +1.9% | +3.6% | +10.0% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
RYLD performance overview
Global X Russell 2000 Covered Call (RYLD) returned +11.5% over the past year and +2.0% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +5.3% a year, turning $10,000 into about $14,731. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −41.5%, from Feb 20, 2020 to Mar 18, 2020, and it took 10 months to get back to the old high. RYLD finished 4 of its 6 full calendar years with a gain; the best year was 2021 (+22.1%) and the worst 2022 (−13.0%). Volatility has been 14.8% a year.
Related: RYLD chart, RYLD dividends. See the RYLD overview for the latest quote and fund facts.
RYLD performance FAQ
What is the RYLD return over the past year?
RYLD returned +11.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.1%.
What is the average annual return of RYLD?
RYLD has returned +2.0% a year over 5 years, +5.3% a year since April 22, 2019 (total return, distributions reinvested).
How much would $10,000 invested in RYLD be worth?
$10,000 invested in RYLD at its first recorded close on April 22, 2019 would be worth about $14,731 on October 23, 2026 with distributions reinvested.
What was the worst year for RYLD?
The worst calendar year was 2022, with a total return of −13.0%. The best was 2021 at +22.1%.
What is the biggest drawdown of RYLD?
The largest peak-to-trough decline was −41.5% between February 20, 2020 and March 18, 2020. It recovered to the old high on January 7, 2021, 10 months after the bottom.
How volatile is RYLD?
Over the past 3 years RYLD had an annualized volatility of 9.3% and a Sharpe ratio of 0.53 (excess return over 1–3 month T-bills per unit of risk).