The Global X S&P 500 ETF (Dynamic Protection) seeks to invest in the constituents of the S&P 500 Index and implement the covered call strategy only when the short-term market volatility is judged as high, through selling call options of the underlying asset.
379A
Global X S&P 500 ETF (Dynamic Protection)
FUND SUMMARY
FUND OBJECTIVE
The Global X S&P 500 ETF (Dynamic Protection) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Dynamic Covered Call Index (JPY converted).
Why Global X S&P 500 ETF (Dynamic Protection)?
Responsive Covered Call Strategy
The decision to implement the covered call strategy is made on a weekly basis. Under this strategy, call options expiring the following Friday are sold, with a strike price 3% above the closing value of the S&P 500 Index. The short position on the call is closed one business day prior to the expiration date.
Improved Sharpe Ratio
Investors can expect the option premium to offset the portion of sudden drops in the stock market, by implementing the covered call strategy only when the short-term market becomes volatile. By utilizing the covered call strategy with the option of 3% out of the money, this ETF can track up to 3% of the increase in the S&P 500 Index under the strategy.
ETF Efficiency
The Global X S&P 500 ETF (Dynamic Protection) allows investors to access option strategies easily.
FUND DETAILS As of 4/21/2026
Key Facts
| Securities Code | 379A |
| ISIN | JP3050770001 |
| Index Ticker | SPXDCC3 Index |
| SEDOL | BQNJ890 JP |
| Benchmark | S&P 500 Dynamic Covered Call Index |
| Trading Currency | Japanese Yen |
| Inception Date | 2025/6/20 |
| Record Date | 10th of January, April, July and October |
| Trading Unit | 1 |
| NAV per [#] share(s) | 100 |
| Trustee Bank | Sumitomo Mitsui Trust Bank, Limited |
| Exchange | Tokyo Stock Exchange |
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Stats & Fees
| Net Assets | ¥101,542,152 |
| NAV | ¥126,928 |
| Management Fee | 0.11％（0.10％ tax excluded） |
Distribution Information
| Latest Distribution | ¥300 |
| Last Closing Date | 4/10/2026 |
| -- |
Creation / Redemption Information
| Application Size | 20,000 shares or more, increments of 1 share |
| Application Deadline | 16:30(JST) |
| *For details, please refer to the summary prospectus. | |
FUND DOCUMENTS
FUND PRICES As of 4/21/2026
| NAV | ||
|---|---|---|
| Net Asset Value | ¥126,928 | |
| Daily Change | ¥-243 | -0.19% |
PERFORMANCE HISTORY
Cumulative %Data as of month end (4/21/2026) |
FUND NAV |
|---|---|
| 1 Month | 5.40% |
| 3 Months | 3.93% |
| 6 Months | 10.39% |
| Since Inception | 28.09% |
Distributing Companies (AUTHORIZED PARTICIPANTS)
You can trade at securities companies nationwide. The designated participants are as follows.
Daiwa Securities Co. Ltd.
ABN AMRO Clearing Tokyo Co., Ltd.
Barclays Securities Japan Limited
TO LARGE INVESTORS
The Application flow for Creation & Redemption is as follows.
| 1ST BUSINESS DAY | 2ND BUSINESS DAY | 3RD BUSINESS DAY | 4TH BUSINESS DAY | 5TH BUSINESS DAY | |
|---|---|---|---|---|---|
| Application for creation | Acceptance of creation application | Settlement | |||
| Redemption request | Acceptance of redemption request | Settlement |
Non-acceptance days of application for Creation and Redemption
Business days that are blank on the calendar are normal application acceptance days.
ANNOUNCEMENT REGARDING THE FUND
Global X is a registered trademark of Global X Management Company LLC (hereafter referred to as “Global X LLC”). Any replication, citation, reprinting, transmission or otherwise of Global X – by any means and for any purpose – without permission is prohibited. Global X LLC is a registered investment advisor with the United States Securities and Exchange Commission. The information contained on this website is provided for informational purposes only to the domestic residents in Japan for their securities investment in general and is not intended to solicit any transaction of financial instruments or services. The materials on this website are not the disclosure documents designated by the Financial Instruments and Exchange Act.
All contents of this website are copyrighted by Global X Japan, or by other sources that provided such information. Any replication, citation, reprinting, or transmission of the content – by any means and for any purpose – without permission is prohibited. All the information contained on this website has been obtained from sources believed to be reliable; however, the accuracy and integrity of such information is not guaranteed.
Global X Funds and Global X are the registered trademarks indicating specific exchange-traded funds that Global X LLC is a sponsor or a provider of, or serves as an advisor to around the world, except in Japan. Any replication, citation, reprinting, or transmission – by any means and for any purpose – without permission is prohibited.
Global X Japan Co. Ltd.
Registration No. : Director of Kanto Local Finance Bureau (Financial Instruments Firms) No.3174
Member of Investment Management Association of Japan