AAII ETF Evaluator

ETF Evaluator: Global X Ethereum Covered Call ETF () Follow This ETF

Other
Global Asset Class
Miscellaneous
Fund Group
Digital Assets
Category
$22.735
Last Trade
(as of Aug 26)
$ 1 Mil
Share Class Assets
na
TTM Yield
$27.600 - $17.800
52-Wk High-Low Range
0.75% C
Expense Ratio
na
Portfolio Turnover
2 (k)
Avg. Daily Trading Vol.

Best Performing in Digital Assets Over the Last Year

1090.2% Grayscale Zcash Trust (ZEC) (ZCSH)
112.1% ProShares UltraShort Bitcoin ETF (SBIT)
35.7% ProShares Short Ether ETF (SETH)
12.3% Simplify US Equity PLUS Bitcoin Stgy ETF (SPBC)
10.8% Proshares UltraShort Ether ETF (ETHD)
Data as of 7/31/2026
12.6% A (NAV)
13.1% A (Price)
1-Mo Return
-17.6% C (NAV)
-16.6% C (Price)
3-Mo Return
na (NAV)
na (Price)
YTD Return
na (NAV)
na (Price)
1-Yr Return
na (NAV)
na (Price)
3-Yr Return
na (NAV)
na (Price)
5-Yr Return
na
Category
Risk
Index
na
Total
Risk
Index

ETF Details

Fund Family
Global X Funds

Inception Date
4/1/2026

Website

Phone
888-493-8631

Primary Benchmark
N/A: 100%

Additional Fund Details

Global X Ethereum Covered Call ETF Overview

Global X Ethereum Covered Call ETF (EHCC) is an actively managed Miscellaneous Digital Assets exchange-traded fund (ETF). Global X Funds launched the ETF in 2026.

The investment seeks to provide current income while also providing exposure to the price return of one or more U.S. listed exchange-traded products that provide exposure to ether. The fund is an actively managed exchange traded fund (“ETF”) that seeks to provide current income while also providing exposure to the price return of one or more U.S.-listed ETPs that seek exposure to ether, subject to a cap on potential investment gains. The fund will invest at least 80% of its net assets, plus the amount of borrowings for investment purposes, in assets providing direct or indirect exposure to ether (“Ether”). The fund is non-diversified.

About Global X Ethereum Covered Call ETF (EHCC)

There are 2 members of the management team with an average tenure of 0.33 years: Nam To (2026) and Sandy Lu (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

Global X Ethereum Covered Call ETF has 2 securities in its portfolio. The top 10 holdings constitute 97.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is considered to have an ESG focus with its investment selection and management.

Global X Ethereum Covered Call ETF is part of the Other global asset class and is within the Miscellaneous ETF group. Global X Ethereum Covered Call ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X Ethereum Covered Call ETF has 2.3% of the portfolio in cash.

Assets Under Management

The fund has $1 million in total assets, which is below the $564 million average for the Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

EHCC Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X Ethereum Covered Call ETF expense ratio is above average compared to funds in the Digital Assets category. Global X Ethereum Covered Call ETF has an expense ratio of 0.75%, which is 23% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X Ethereum Covered Call ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 82% for the Digital Assets category.

Recently, in the month of July 2026, Global X Ethereum Covered Call ETF returned 12.6%, which earned it a grade of A, as the Digital Assets category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Global X Ethereum Covered Call ETF has a trailing yield of 0.00%, which is below the 15.12% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

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EHCC Trailing NAV Total Returns Data as of 7/31/26

Last
Month
Last
Quarter
Ann'l.
1Yr
Ann'l.
3Yr
Ann'l.
5Yr
Ann'l.
10Yr
EHCC Return (NAV) 12.6% -17.6% na na na na
EHCC Return (Price) 13.1% -16.6% na na na na
NAV +/- Price Return -0.516% -0.951% na na na na
Digital Assets Avg 2.9% -16.7% -32.2% 6.2% -17.1% 54.9%
EHCC Grade (NAV) A C na na na na
+/- Category (NAV) 9.7% -0.8% na na na na
EHCC Tax-Cost Ratio na na na na na na

EHCC Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
EHCC Return (NAV) na na na na na na na na na na na
EHCC Return (Price) na na na na na na na na na na na
NAV +/- Price Ret na na na na na na na na na na na
Digital Assets Avg -30.7% -9.9% 65.8% 127.8% -72.3% 199.4% 175.1% 11.8% -81.4% 1391.4% 119.9%
EHCC Grade (NAV) na na na na na na na na na na na
+/- Category na na na na na na na na na na na
Risk Measures
Beta: na
R-Squared: na
Standard Deviation: na
Category Risk Index: na
Category Risk Rating:
Total Risk Index: na
Total Risk Rating:
Portfolio Characteristics
Yield: --
Total Assets: $ 1 Mil
Share Class Assets: $ 1 Mil
Turnover: na
Expense Ratio: 0.75%
Index Fund: No
Index Tracked: N/A
Index Weighting: 100%
Leveraged: No
Socially Responsible Fund: Yes
Capital Gains Distribution Frequency: Annually
Income Distribution Frequency: Annually

Management Team

Number of Managers: 2
Longest Tenure: 0.3 years
Average Tenure: 0.3 years
Managers (Year): To Nam (2026), Lu Sandy (2026)

Portfolio Composition (as of 6/30/26)

# of Holdings: 2
% in Top 10 Holdings: 97.7%
Fund is Non-Diversified: Yes
% in Foreign Issues: 0.0%
 

Portfolio Allocation

Domestic Stock: 0.0%
Foreign Stock: 0.0%
Preferred Stock: 0.0%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 97.7%
Cash: 2.3%

Purchase Information

Legal Structure: Open Ended Investment Company
Fund Family: Global X Funds
Phone Number: 888-493-8631
Website: www.globalxfunds.com
Inception Date: April 1, 2026

Expenses and Fees

Expense Ratio (%): 0.75% (Rating: Above Avg)
Category Average Expense Ratio (%): 0.97%
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