Global X Silver Covered Call ETF (AGCC)

Profile

Global X Silver Covered Call ETF is an exchange-traded fund designed to provide investors with direct exposure to the performance of silver bullion, while simultaneously generating a consistent stream of income through a covered call option strategy. The fund employs a passive, physically backed approach, with silver holdings hedged to the Canadian dollar to reduce currency risk. AGCC’s primary purpose is to combine the defensive qualities of precious metals with the potential for enhanced yield, achieved by writing call options on a portion of its silver exposure. This approach enables the ETF to distribute monthly premiums, appealing especially to income-oriented investors seeking cash flow alongside commodities exposure. Notably, silver’s dual role as both a monetary metal and a key industrial input results in greater underlying price volatility compared to gold, making it particularly suitable for covered call strategies that benefit from heightened option premiums. The ETF contributes diversification and inflation hedging benefits to portfolios, while integrating income features not typically available in traditional precious metal investments. AGCC was launched in October 2025 by Global X Investments Canada Inc., reinforcing innovation in Canadian ETF offerings.