ETF profile
Global X S&P 500 Covered Call ETF (TSX) logo

Global X S&P 500 Covered Call ETF (TSX) (USCC.TO)

ETF overview

This ETF offers direct investment exposure to the performance of prominent, highly liquid U.S. large-cap corporations. Its main objective is to produce income by employing a covered call option writing strategy. This method has historically provided elevated returns during market instability, though it's important to recognize that it can also limit the upward potential of the underlying investments. The fund is designed to deliver a stable monthly income along with possibilities for capital appreciation. It achieves this by providing access to the U.S. large-cap equity market and distributing regular U.S. dollar payments sourced from both dividends and call option income. To reduce potential downsides and generate revenue, the fund utilizes an adaptable covered call program. Notably, it does not implement currency hedging to convert its U.S. dollar exposure back to the Canadian dollar.

CountryCanada
ExchangeTSX
Trades inCAD
Current price
21.15 CAD+0.38%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.47%
Fund assets
413.38M USD (all share classes)
Issuer
Global X
Inception date
Sep 13, 2011
Number of holdings
1

Breakdown

Holdings (1)

NameTickerWeight
GLOBAL X S&P 500 INDEX ETF (USSX.U)HXS.TO99.79%

Similar ETFs

Historical returns do not guarantee future returns. This is not investment advice.

Global X S&P 500 Covered Call ETF (TSX) (USCC.TO)

USCC.TO · TSX
21.15 CAD+0.38%
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Benchmarks
Fund facts
Expense ratio
0.47%
Fund assets
413.38M USD (all share classes)
Issuer
Global X
Inception date
Sep 13, 2011
Number of holdings
1
Breakdown
Holdings (1)
NameTickerWeight
GLOBAL X S&P 500 INDEX ETF (USSX.U)HXS.TO99.79%
ETF overview

This ETF offers direct investment exposure to the performance of prominent, highly liquid U.S. large-cap corporations. Its main objective is to produce income by employing a covered call option writing strategy. This method has historically provided elevated returns during market instability, though it's important to recognize that it can also limit the upward potential of the underlying investments. The fund is designed to deliver a stable monthly income along with possibilities for capital appreciation. It achieves this by providing access to the U.S. large-cap equity market and distributing regular U.S. dollar payments sourced from both dividends and call option income. To reduce potential downsides and generate revenue, the fund utilizes an adaptable covered call program. Notably, it does not implement currency hedging to convert its U.S. dollar exposure back to the Canadian dollar.

CountryCanada
Trades inCAD
Similar ETFs

Historical returns do not guarantee future returns. This is not investment advice.

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