Mike PhilbrickGlobal X Growth Asset Allocation Covered Call ETFGRCC.TOWEAK BUYFeb 26, 2026

Dynamic covered call strategy to generate the premiums that people like. Note that it's 80% equity, 20% fixed income -- it's growth with a bit of FI. Yield is ~8.5%.

With these ETFs, you want to find an ETF with comparable underlying securities and assess whether the covered calls add value. Compare to VGRO -- up ~20% over the last year, while GRCC's up only ~13%. It sells calls to create income, and you relinquish some upside.

Helpful in a down market, as premiums help to offset some of the losses. It's "fine" if you really want the income, but in a strong market you're giving up upside.