XYLD News and Press, GLOBAL X FDS From 07/19/23

2023-07-19 06:36:00 ET Summary Nasdaq’s plan to reconfigure the weights of its constituents should prompt investors to think about the broader concentration risks in US equity markets, particularly in passive portfolios. Concentration risks extend beyond Nasdaq. The broader...

2023-07-17 13:15:00 ET Summary The global custodial banks like State Street, Bank of New York Mellon, and Northern Trust don’t look very healthy. The interesting part to the 2023 S&P 500 EPS data is that 2023 is now expecting 0-1% EPS growth for 2023. We could defin...

2023-07-03 15:03:27 ET Summary The Beta coefficient measures the behavior of a security relative to the market: a Beta greater than one indicates the investment is more volatile than the market, and vice versa. Standard Deviation, on the other hand, measures the range of an invest...

2023-07-01 12:39:29 ET Summary SVOL provides -0.2 to -0.3 VIX exposure while hedging tail risks with VIX calls. It is a high-yielding fund, currently with a 16.8% forward yield. SVOL can still generate high yields in a low vol environment, as long as the VIX curve remains in c...

2023-06-30 06:23:17 ET Summary The Global X S&P 500 Covered Call ETF is structured to replicate a covered call option strategy on the underlying S&P 500 Index. We explore the covered call strategy on the S&P 500 Index specifically in more detail, assessing its pot...

2023-06-28 09:00:00 ET Summary The Global X S&P 500 Covered Call ETF is an attractive option for income investors, as it has consistently generated a large income stream and currently yields over 10%. The ETF uses a covered-call strategy, selling monthly covered calls against ...

2023-06-26 21:42:00 ET Summary The bedrock of the asset allocation process is to create strategic allocations that work over the longer term, while then modifying those positions in response to the market realities. Some of what we have seen during 2023 has been due to exuberance ...

2023-06-26 13:22:00 ET Summary The S&P 500 (SPX) receded during the trading week ending 23 June 2023. The index closed the week at 4348.33, down almost 1.4% from the previous week’s closing value. The news of the week was relatively quiet outside of items involving...

2023-06-26 12:25:00 ET Summary The market took a well-deserved rest last week after hitting a 2023 high on June 15th. The S&P 500 finished Thursday, June 15 at its highest level in 14 months. The index is up 13.3% year to date and is 9.3% below its record-high close on January...

2023-06-22 02:27:00 ET Summary The exit from a decade of very low interest rates, via the most aggressive hiking cycle since 1980 has laid bare the distorted financing incentives that became entrenched in the years between the Global Financial Crisis in 2008 and the end of pandemic-er...