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Upturn AI SWOT - About
Global X Dow 30 Covered Call ETF (DJIA)
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Upturn Advisory Summary
08/14/2025: DJIA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 8.1% | Avg. Invested days 50 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.56 | 52 Weeks Range 18.90 - 22.41 | Updated Date 06/29/2025 |
52 Weeks Range 18.90 - 22.41 | Updated Date 06/29/2025 |
Upturn AI SWOT
Global X Dow 30 Covered Call ETF
ETF Overview
Overview
The Global X Dow 30 Covered Call ETF (DJIA) seeks to generate income by investing in the stocks of the Dow Jones Industrial Average (DJIA) and writing (selling) covered call options on the index.
Reputation and Reliability
Global X is a well-known ETF provider with a solid reputation for innovation and offering a wide range of specialized investment strategies.
Management Expertise
Global X has a dedicated team of investment professionals with expertise in options strategies and ETF management.
Investment Objective
Goal
The primary investment goal is to generate current income while maintaining exposure to the Dow Jones Industrial Average.
Investment Approach and Strategy
Strategy: The ETF employs a covered call strategy, selling call options on the DJIA to generate income. The fund holds the underlying stocks of the DJIA.
Composition The ETF's assets consist primarily of the 30 stocks included in the Dow Jones Industrial Average.
Market Position
Market Share: Insufficient data to provide accurate market share in covered call ETF market.
Total Net Assets (AUM): 678000000
Competitors
Key Competitors
- QYLD
- XYLD
- RYLD
- JEPI
Competitive Landscape
The covered call ETF market is competitive, with several ETFs offering similar strategies. DJIA benefits from its focus on the Dow 30 and Global X's brand, however, potential risks from covered call strategy are disadvantages.
Financial Performance
Historical Performance: Historical performance data not available. Requires accessing fund factsheet/performance data.
Benchmark Comparison: Performance should be compared against the Dow Jones Industrial Average and a covered call index.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The ETF demonstrates adequate liquidity with a fairly consistent average daily trading volume.
Bid-Ask Spread
The bid-ask spread is generally tight, indicating relatively low transaction costs.
Market Dynamics
Market Environment Factors
The ETF's performance is influenced by market volatility, interest rates, and the performance of the underlying Dow Jones Industrial Average stocks.
Growth Trajectory
The ETF's growth trajectory is dependent on investor demand for income-generating strategies and the overall performance of the stock market. Changes to holdings will mimic the DJIA.
Moat and Competitive Advantages
Competitive Edge
DJIA has a competitive edge due to its focus on the well-known Dow 30 and utilizes a covered call strategy to generate income, which differentiates it from pure index funds. It attracts investors seeking income generation and a strategy to provide steady income via option premiums. This allows investors to benefit from both the gains of stock holdings and the income generated by the option premium. However, the covered call strategy limits upside potential in rapidly rising markets.
Risk Analysis
Volatility
The ETF's volatility is tied to the volatility of the Dow Jones Industrial Average and the covered call strategy.
Market Risk
The ETF is exposed to market risk, particularly the risk of declines in the value of the underlying stocks of the Dow Jones Industrial Average.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking income generation, some degree of downside protection via option premiums, and moderate equity exposure. This includes retirees, income-seeking investors, and those looking for a blend of income and equity exposure.
Market Risk
The ETF is suitable for long-term investors and those looking for consistent income, but less suited for active traders seeking maximum capital appreciation.
Summary
The Global X Dow 30 Covered Call ETF is an income-focused ETF that utilizes a covered call strategy on the Dow Jones Industrial Average. It aims to generate consistent income while maintaining exposure to blue-chip stocks. It offers a blend of income and equity exposure making it suitable for risk-averse investors. However, potential investors should be aware of capped upside and tax implications of covered call strategy.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Global X ETFs Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Global X Dow 30 Covered Call ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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® (the reference index) and writes (or sells) a succession of one-month at-the-money ("ATM") covered call options on the Reference Index. The fund invests in the securities reflected in the index, and cannot invest directly in the index itself. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.