Overview
The Russell 2000 with every month's upside sold for cash — a full covered-call overwrite on small caps paying out around 12% annually.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| RSSL | Global X Russell 2000 ETF | 102.7% |
| CASH | Cash | 0.2% |
| WARR | Equity warrants (residual) | 0.0% |
| OPT | RUT index call (written) | -2.8% |
Fund Details
Investment Thesis
Small-cap volatility is the raw material: richer option premiums than the S&P mean fatter monthly payouts, and RYLD converts the Russell 2000's notorious choppiness into a 12% income stream. The cost is the ceiling — in melt-up years the fund watches the rally from behind its written calls, as the +11% year against the Russell's stronger run shows. For income-first investors that trade is the entire point, not the flaw.
Who It's For
Income maximalists who want double-digit monthly cash flow and genuinely do not need the upside — yield converted from volatility, eyes open about the cap.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | -- | -- |
| 2018 | -- | -- |
| 2019 | $25.51 | -- |
| 2020 | $22.59 | -11.5% |
| 2021 | $24.41 | +8.1% |
| 2022 | $18.81 | -22.9% |
| 2023 | $16.74 | -11.0% |
| 2024 | $16.34 | -2.4% |
| 2025 | $15.30 | -6.4% |
| Year | Yield |
|---|---|
| 2016 | -- |
| 2017 | -- |
| 2018 | -- |
| 2019 | 12.45% |
| 2020 | 12.45% |
| 2021 | 13.00% |
| 2022 | 12.85% |
| 2023 | 12.67% |
| 2024 | 12.83% |
| 2025 | 12.83% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | -- | -- |
| 2018 | -- | -- |
| 2019 | $1.1B | -- |
| 2020 | $1B | -9.1% |
| 2021 | $1.3B | +30.0% |
| 2022 | $1.1B | -15.4% |
| 2023 | $1.1B | +0.0% |
| 2024 | $1.2B | +9.1% |
| 2025 | $1.3B | +8.3% |
Price history from exchange data. Dividend yields from reported distributions; some earlier years are derived from total-return vs price-return data or are ETFHub estimates. AUM history is an ETFHub estimate modelled from current assets and annual returns (fund flows not reflected) and may differ from official fund records. Data as of October 2026.
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