DJIA - ETF AI Analysis
Top Page
Global X Dow 30 Covered Call ETF (DJIA)
Rating:74Outperform
Price Target:―
Positive Factors
Strong AUM Base
The fund manages a meaningful pool of assets, suggesting it has attracted steady investor interest and offers reasonable liquidity.
Leading Blue-Chip Holdings
Several top positions, such as Caterpillar, Amgen, Sherwin-Williams, Goldman Sachs, and UnitedHealth, have shown strong or steady performance, helping support the ETF’s overall results.
Broad Sector Mix
Holdings spread across financials, technology, industrials, health care, and consumer sectors help reduce the impact of weakness in any single industry.
Negative Factors
Recent Weak Overall Performance
The ETF’s returns over the year to date and the last three months have been negative, signaling recent performance has been weak.
Heavy Tilt to Financials
A large share of the portfolio is in financial stocks, which increases the fund’s sensitivity to problems in that sector.
Concentrated U.S. Exposure
With all of its holdings in U.S. companies, the ETF offers no geographic diversification and is fully exposed to the U.S. market’s ups and downs.
DJIA vs. SPDR S&P 500 ETF (SPY)
AUM168.04M
RegionNorth America
Expense Ratio0.60%
Beta0.53
IssuerGlobal X
Inception DateFeb 23, 2022
Dividend Yield10.94%
Asset ClassEquity
Index TrackedDJIA Cboe BuyWrite v2 Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume65,458
30 Day Avg. Volume73,451
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
24.95Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering30
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DJIA Summary
The Global X Dow 30 Covered Call ETF (DJIA) follows the DJIA Cboe BuyWrite v2 Index, which is based on the 30 large, well-known U.S. companies in the Dow Jones Industrial Average. It owns blue-chip names like Microsoft and Goldman Sachs and then sells call options on them to generate extra income. Someone might consider this ETF if they want broad exposure to major U.S. companies plus a focus on regular income rather than fast growth. A key risk is that the ETF can still lose value with the stock market, and the options strategy may limit gains in strong bull markets.
How much will it cost me?The Global X Dow 30 Covered Call ETF (Ticker: DJIA) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average because the fund uses an actively managed covered call strategy to generate income, which requires more management compared to passively managed ETFs.
What would affect this ETF?The Global X Dow 30 Covered Call ETF could benefit from stable growth in large-cap U.S. companies, particularly in sectors like technology and financials, which are key drivers of innovation and economic activity. However, rising interest rates or economic slowdowns could negatively impact consumer spending and corporate earnings, especially in cyclical sectors like consumer discretionary and industrials. Additionally, regulatory changes affecting top holdings like Goldman Sachs or Microsoft could pose risks to the ETF's performance.
DJIA Top 10 Holdings
This covered-call Dow fund leans heavily on U.S. blue chips, with financials and industrials steering the ship. Goldman Sachs and JPMorgan have been rising lately, helping to power returns, while Caterpillar has been a standout engine with strong recent momentum. On the flip side, Microsoft and Visa have shown more mixed, sometimes lagging action, so their usual Big Tech and payments punch isn’t fully coming through. With all holdings U.S.-based and spread across banks, industrials, and health care, the fund is concentrated in classic Dow stalwarts rather than high-flying growth names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Goldman Sachs Group | 11.73% | $19.95M | $289.73B | 65.49% | 73 Outperform | |
| Caterpillar | 11.50% | $19.57M | $401.93B | 154.75% | 76 Outperform | |
| Microsoft | 5.12% | $8.71M | $3.13T | -6.96% | 79 Outperform | |
| UnitedHealth | 4.77% | $8.12M | $348.09B | 26.51% | 72 Outperform | |
| Amgen | 4.09% | $6.96M | $178.95B | 22.20% | 77 Outperform | |
| Visa | 4.02% | $6.84M | $623.17B | -7.69% | 70 Outperform | |
| Sherwin-Williams Company | 3.88% | $6.60M | $75.89B | -13.06% | 66 Neutral | |
| American Express | 3.88% | $6.59M | $211.40B | 8.33% | 80 Outperform | |
| Home Depot | 3.86% | $6.57M | $309.35B | -18.44% | 66 Neutral | |
| JPMorgan Chase | 3.72% | $6.33M | $809.16B | 13.28% | 72 Outperform |
DJIA Technical Analysis
Positive
―
Price Trends
21.12
Positive
21.38
Positive
20.88
Positive
Market Momentum
0.13
Negative
63.40
Neutral
33.43
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DJIA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 21.43, equal to the 50-day MA of 21.12, and equal to the 200-day MA of 20.88, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 63.40 is Neutral, neither overbought nor oversold. The STOCH value of 33.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DJIA.
DJIA Peer Comparison
Comparison Results
Performance Comparison
DJIA
Global X Dow 30 Covered Call ETF
21.72
2.77
14.62%
QQQJ
Invesco NASDAQ Next Gen 100 ETF
―
―
―
MODL
VictoryShares WestEnd U.S. Sector ETF
―
―
―
QLC
FlexShares US Quality Large Cap Index Fund
―
―
―
SPHB
Invesco S&P 500 High Beta ETF
―
―
―
NBCR
Neuberger Berman Core Equity ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents