Global X Euro Stoxx 50 Covered Call ETF

The Global X Euro Stoxx 50 Covered Call ETF is an exchange-traded fund designed to deliver both equity exposure and income generation through a covered call strategy. The fund tracks the performance of the EURO STOXX 50 Covered Call ATM Index, which combines investment in the EURO STOXX 50—the leading Eurozone blue-chip benchmark—with the systematic writing of at-the-money call options on that index. This approach aims to generate additional income from option premiums, creating an alternative income stream that is largely driven by market volatility while retaining exposure to European market leaders across multiple sectors. The fund is structured as a UCITS-compliant product and distributes income, typically on a monthly basis. By integrating a covered call overlay, the Global X Euro Stoxx 50 Covered Call ETF offers a solution for investors who seek enhanced yield potential and some risk mitigation, making it a distinctive tool within diversified portfolios focused on the Eurozone’s largest companies.