Global X - Information Technology Covered Call & Growth ETF
TYLG
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- United States of America
- IPO Date
- Nov 22, 2022
- Similar Companies
- Business
- Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that seeks to generate income through a partially covered call strategy on the information technology sector while providing exposure to the growth potential of the Information Technology Select Sector Index. The fund, managed by Global X Management Company LLC, writes call options on approximately 50% of the Information Technology Select Sector SPDR Fund (XLK), allowing investors to capture half the upside potential of the underlying index alongside monthly income distributions; its portfolio primarily consists of XLK shares supplemented by individual technology equities such as NVIDIA Corp., Apple Inc., Microsoft Corp., Broadcom Inc., and Palantir Technologies Inc., with sector weights concentrated in semiconductors and semiconductor equipment (38.4%), software and services (37.7%), and technology hardware and equipment (23.9%). Launched on November 21, 2022, and domiciled in the United States, TYLG trades on the NYSE Arca exchange with a net expense ratio of 0.60% and targets investors seeking income and growth from U.S. large-cap technology companies. Global X Management Company LLC, the adviser to TYLG and sponsor of the Global X Funds, was founded in 2008 and is headquartered in New York, New York; the firm was acquired by Mirae Asset Global Investments in July 2018 and manages over $40 billion in assets across more than 80 ETFs focused on thematic growth, income, commodities, and international strategies. TYLG operates primarily in U.S. equity markets, with exposure limited to domestic technology stocks and minimal non-U.S. holdings (less than 1%). In recent developments, Global X has continued to expand its ETF platform, surpassing $50 billion in assets under management by late 2024 through strong inflows into covered call and fixed income suites, while announcing product updates including the permanent management fee reductions on select Canadian ETFs in October 2025 and the launch of new leveraged and inverse ETFs benchmarked to ICE Indices. The firm marked its 15th listing anniversary on the NYSE in February 2024 and has pursued strategic enhancements such as monthly distribution increases for TYLG, with recent payouts including $0.1769 per share in mid-2025, reflecting ongoing commitment to its covered call offerings amid robust technology sector performance. No major acquisitions, partnerships, or reorganizations specific to TYLG were reported in 2024 or 2025, though Global X has liquidated select underperforming funds to streamline its portfolio.