ROM
ROM (Global X Russell 2000 Covered Call ETF) is an exchange-traded fund (ETF) managed by Global X. It seeks to provide investment results that correspond to the performance of the CBOE Russell 2000 BuyWrite Index. The fund primarily invests in small-cap stocks in the Russell 2000 Index and employs a covered call strategy to generate income.
Asset Summary
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Asset Performance Metrics and Risk Characteristics:
Metrics below use daily returns for Jan 1, 2026 – Aug 23, 2026 (YTD).
Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.
1 Month Trailing Return
4.39%
Represents the percentage change in asset value over the past month.
3 Month Trailing Return
-5.98%
Indicates the percentage change in asset value over the last three months.
Period Max Drawdown
31.27%
The highest percentage drop from the peak value to the lowest point during the observed period.
Standard Deviation
58.18%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
Sharpe Ratio
1.36
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
Calmar Ratio
2.53
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
Asset Technical Analysis
Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. Using indicators such as moving averages, pivot levels, momentum studies, and candlestick pattern scans can clarify trend strength and volatility. The tabs below summarize moving averages, pivots, technical indicators, candlestick patterns, and recent prices for this symbol.
Analysis
Moving Averages
Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:
| Type/Period | |
|---|---|
| SMA | |
| EMA | |
| WMA | |
| WEMA |
- SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
- EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
- WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
- WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.
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Explore Insights NowFrequently Asked Questions
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ROM typically distributes dividends on a monthly basis. These dividends come from the income generated by the covered call strategy and any income from the underlying stocks.
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Investors can purchase shares of ROM through a brokerage account. It is traded on major stock exchanges under the ticker symbol "ROM" and can be bought and sold like other stocks and ETFs.
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Historical performance data for ROM includes past returns, NAV, and dividend yields. This data provides insights into how well the ETF has performed relative to its index and the income it has generated over time.
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ROM is managed by Global X and focuses on investing in stocks that are part of the Russell 2000 Index, a benchmark for small-cap stocks. The fund utilizes a covered call strategy, where it sells call options on the underlying stocks to generate additional income from option premiums while holding the stocks.
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ROM aims to track the CBOE Russell 2000 BuyWrite Index, which is designed to reflect the performance of a covered call strategy applied to the Russell 2000 Index. As a result, ROM’s performance may differ from the Russell 2000 Index, especially due to the income generated from selling call options and the potential trade-offs in capital appreciation.
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Yes, ROM can be held in retirement accounts such as IRAs or 401(k)s. It is important to ensure that the ETF aligns with your overall investment strategy and retirement goals.
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ROM adjusts its holdings and covered call positions to reflect changes in the CBOE Russell 2000 BuyWrite Index. The ETF rebalances periodically to ensure alignment with the index’s performance and strategy.
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Factors influencing ROM’s performance include changes in small-cap stock prices, the effectiveness of the covered call strategy in different market conditions, and fluctuations in option premiums. Economic conditions and market volatility can also impact performance.
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Similar ETFs to ROM include: XYLD (Global X S&P 500 Covered Call ETF), which tracks the CBOE S&P 500 BuyWrite Index, focusing on large-cap stocks and a covered call strategy; CWB (Invesco BuyWrite ETF), which seeks to replicate the performance of the CBOE S&P 500 BuyWrite Index with a covered call strategy; and BXY (Global X NASDAQ 100 Covered Call ETF), which tracks the CBOE NASDAQ-100 BuyWrite Index, focusing on NASDAQ-100 stocks with a covered call strategy.
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ROM has an expense ratio of approximately 0.60%. This fee covers the costs of managing and operating the fund, including portfolio management and administrative expenses.
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Disclaimers
The information displayed on this site is sourced from third-party providers and is believed to be reliable. OHLCX has not independently verified this data and does not guarantee its accuracy. Content is for educational and informational purposes only and is not financial or investment advice.
With any investment, your capital is at risk. Past performance is no guarantee of future results. Consult your provider's terms and privacy policies where applicable.
Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.
Securities products are: Not FDIC insured · Not bank guaranteed · May lose value
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