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Global X Covered Call

Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing ETF

SY7D · ISIN IE000SAXJ1M1 · prices in EUR

Simulate this fund Issuer page Key information (KID)

Price

€14.43

8 Oct 2026

Total expense ratio

0.45%

per year

TTM yield

11.5%

12 payments over the last 12 months, divided by today's price

Dividend growth

+4.2%

a year · stable · +4.2% since launch

Distribution recovery

76%

price back above the pre-ex level within 8 trading days, on 17 ex-dates

Pays

Monthly

every month

Launch date

26 May 2025

1.4 years

Underlying

n/a

FEZ

Domicile

Ireland

Distributing

Fund size (AUM)

$118.2M

Quality Score

vs funds of the same type

Stability

27.6%

of distributions needed to offset price erosion

Opportunity Score

healthy and discounted

Underlying momentum

Nessun segnale

1/5 signals

What it tracks

This product's return comes from one underlying asset, on which it sells options.

FEZ

100.0%

Where it trades

The same fund, one ISIN, several tickers: the one you see depends on the exchange your broker uses. Any of them finds this page from the search box in the fund list.

Exchange	Ticker
Deutsche Börse Xetra	SY7D used here
Borsa Italiana	SXYD
London Stock Exchange	SY7D
SIX Swiss Exchange	SYLD

Classification

How the fund is described in the open dataset: asset class, region, sector and strategy. Our own category (Covered Call) drives the screeners; these labels add detail.

Asset classequity
Categoryequity_europe
Styleincome
FocusEquity, Europe, Covered Call
IndexEURO STOXX 50 Covered Call ATM
Fund currencyEUR
Currency hedgedNo
Securities lendingYes
Sustainability focusNo
KID languagede
KID version2026-04-29

Returns with and without distributions

Price return shows the change in the fund's price alone. Total return also counts every distribution, reinvested on its ex-date: the gap between the two is what the fund paid out. In EUR, up to 8 Oct 2026; periods longer than a year also show the yearly rate.

	1M	3M	6M	YTD	1Y	3Y	5Y	Since launch
Price without distributions	-3.7%	-2.6%	-2.9%	-6.5%	-3.9%	—	—	-4.2%-3.1% p.a.
Total return distributions reinvested	-2.0%	+1.2%	+3.7%	+2.4%	+7.3%	—	—	+11.7%+8.4% p.a.

Covered by income Over twelve months, in the trading currency, the price fell 3.9%, but the distributions more than made up for it (+7.1% total return). See every Covered Call on the Erosion Map →

Performance since launch

Value of 100 invested at the first month-end after launch, in EUR.

Total return Price only S&P 500 (total return)

Compare with other funds

Add up to five funds to the chart above. Lines are rebased to 100 at the start of the period. Total return counts the distributions; price return is the share price alone, which is what tells you whether the fund is keeping its capital.

€10,000 invested today would pay

€96 a month before tax

At the current yield of 11.5%. Distributions can change at any time; to see the effect of taxes, open the simulator.

€10,000 invested in May 2025

€11,161 +11.6%

Shares worth €9,809 today plus €1,353 of total income paid out, before tax — €91 a month over the last 12 months. Try other settings, taxes included

The fund against its underlying

Three lines, all starting at 100 in the underlying's terms: what the fund's price did, what it did with its distributions reinvested, and what the underlying asset itself did. The distance between the total-return line and the underlying is the gap you see in the screeners: -4.6 percentage points. A covered-call fund gives up part of the rise by design, so a gap is expected; its size is what matters.

Total return Price only FEZ (underlying)

Month by Month

Amount per share by ex-date month, 18 months shown. This fund distributes monthly, every month.

The last distributions, date by date

The ex-date is the one that decides who gets paid: whoever holds the fund when that day opens receives the distribution, and the price opens lower by roughly the same amount. Buying the day before and selling the day after gains nothing — it only moves value from the price to a taxed payment. Our source gives us the ex-date only for this fund, so the announcement and payment dates are not shown rather than guessed.

Ex-date	Per share
01 Oct 2026	0.1360
10 Sep 2026	0.1259
30 Jul 2026	0.1474
09 Jul 2026	0.1482
04 Jun 2026	0.1461
07 May 2026	0.1159
09 Apr 2026	0.1426
05 Mar 2026	0.1483

Distributions per year

Per share. Incomplete years (launch year, current year) are shown at their 12-month pace.

Year by year

Year	Paid	Yield	Change
2026 10 of 12 months	€1.3533 €1.62 at 12-month pace	11.3%	—
2025 8 of 12 months	€0.9412 €1.41 at 12-month pace	9.1%	—

Latest distributions

Amounts per share in EUR, as declared by the issuer.

Ex-date	Payment date	Per share	vs previous
2026-10-01	2026-10-01	€0.1360	+8.1%
2026-09-10	2026-09-10	€0.1259	-14.6%
2026-07-30	2026-07-30	€0.1474	-0.5%
2026-07-09	2026-07-09	€0.1482	+1.5%
2026-06-04	2026-06-04	€0.1461	+26.0%
2026-05-07	2026-05-07	€0.1159	-18.7%
2026-04-09	2026-04-09	€0.1426	-3.9%
2026-03-05	2026-03-05	€0.1483	+16.2%
2026-01-29	2026-01-29	€0.1277	+10.7%
2026-01-08	2026-01-08	€0.1153	-23.6%
2025-12-04	2025-12-04	€0.1509	+0.0%
2025-10-30	2025-10-30	€0.1509	+37.4%
2025-10-02	2025-10-02	€0.1098	-11.2%
2025-08-28	2025-08-28	€0.1236	-0.6%
2025-07-31	2025-07-31	€0.1243	-15.0%
2025-07-03	2025-07-03	€0.1463	+8.1%
2025-05-30	2025-05-30	€0.1354	—

Prices and distributions from the issuer and market data, stored locally and updated every evening. The €10,000 figures are in euro and before tax: the Portfolio Simulator can apply taxes. Past performance is not a reliable indicator of future results.