FYLG Stock Summary and Trading Ideas (Global X Funds Global X Financials Covered Call & Growth ETF | ARCA:FYLG)

The Global X Financials Covered Call & Growth ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P Financial Select Sector Half BuyWrite Index. The Index measures the performance of a partially covered call strategy that holds a theoretical portfolio of the underlying securities of the Financial Select Sector Index. The Index writes (or sells) a succession of one-month at-the-money covered call options on the Financial Select Sector SPDR Fund, or such other fund that seeks to track the performance of the Reference Index, as determined by Cboe. The call options correspond to approximately 50% of the value of the securities in the Reference Index, therefore representing a partially covered call strategy.

Global X Funds Global X Financials Covered Call & Growth ETF trades on the ARCA stock market under the symbol FYLG.

As of March 4, 2025, FYLG stock price was flat at $29.63 with million shares trading.

FYLG has a market cap of $4.44 million. This is considered a Sub-Micro Cap stock.

FYLG has outperformed the market in the last year with a price return of +21.2% while the SPY ETF gained +13.9%. FYLG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +1.8% and 0.0%, respectively, while the SPY returned -4.2% and -5.4%, respectively.

FYLG support price is $29.41 and resistance is $29.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FYLG shares will trade within this expected range on the day.