Key stats
About GLOBAL X S&P 500 COVERED CALL ETF CL E UNITS (CAD)
Home page
Inception date
Sep 13, 2011
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
USCC provides exposure to US large-cap companies by holding shares of the Horizon US large cap Index ETF (HULC.U) and writing near-term call options against the S&P 500 Index. The funds objective is to generate monthly USD distributions in the form of dividends and/or call option income. The underlying stocks are the largest (in terms of market-cap) and most liquid companies listed on the NYSE or NASDAQ. In order to mitigate risks and generate income, the fund will generally write covered call options on 100% of the value of the portfolio and may vary based on market volatility and other factors. Prior to June 27, 2022 the fund traded under the name of Horizons Enhanced Income Equity ETF, using the ticker HEA.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF101.06%
Cash0.82%
Rights & Warrants−1.87%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
USCC last dividends amounted to 0.17 CAD. The month before, the issuer paid 0.17 CAD in dividends, which shows a 4.29% decrease.
USCC assets under management is 469.52 M CAD. It's risen 16.78% over the last month.
USCC fund flows account for 276.28 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, USCC pays dividends to its holders with the dividend yield of 10.58%. The last dividend (May 7, 2025) amounted to 0.17 CAD. The dividends are paid monthly.
USCC shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Sep 13, 2011, and its management style is Active.
USCC expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
USCC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
USCC invests in funds.
USCC price has risen by 3.81% over the last month, and its yearly performance shows a −1.14% decrease. See more dynamics on USCC price chart.
NAV returns, another gauge of an ETF dynamics, showed a −5.97% decrease in three-month performance and has increased by 14.27% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −5.97% decrease in three-month performance and has increased by 14.27% in a year.
USCC trades at a premium (0.45%) meaning the ETF is trading at a higher price than the calculated NAV.