Global X S&P 500 Covered Call ETF
$40.92−0.18 (−0.44%)
- 0.60%
- $3.35B
- +14.5%
- 10.32%
- 588K sh
- low $38.22high $42.00
The ETF.net XYLD Grade
A
Score 74 out of 100
- 6 of 52
Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C50 out of 100Rank 26 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 36Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 11 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A91 out of 100Rank 3 of 52Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 17 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A91 out of 100Rank 2 of 52
Our read on XYLD
In short
AThe purist's covered call fund: XYLD owns the S&P 500 and sells at-the-money calls on the whole book each month, then pays the premium out. Maximum income mechanics, minimum upside left over. Running since 2013.
Stated mandate
The Fund seeks to generally match the performance of the Cboe S&P 500 BuyWrite Index before fees and expenses. It uses an indexed covered-call strategy combining S&P 500 equity exposure with written S&P 500 call options.
Why people hold it
Worth knowing
XYLD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
XYLD$11,455
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XYLD |
|---|---|
| Year to date | +10.3% |
| 1 month | −0.3% |
| 3 months | +2.1% |
| 1 year | +14.5% |
| 3 years | +14.2% |
| 5 years | +7.2% |
| 10 years | +8.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XYLD |
|---|---|---|
| 2026 YTD | +10.3% | |
| 2025 | +8.0% | |
| 2024 | +19.5% | |
| 2023 | +11.1% | |
| 2022 | −12.1% | |
| 2021 | +19.6% | |
| 2020 | −0.5% |
XYLD in the news
XYLD Dividends
- 10.32%
- $4.24
- $0.31 per share
- Monthly
XYLD Risk
- 6.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.50
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.41
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
XYLD Cost
Overpaying vs PEPS, cheapest in S&P 500 Option Income
$9,711
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
XYLD 0.60%
$11,817
PEPS 0.10% Cheapest
$2,106
Cost over time
Year by year
| Year | XYLD | PEPS | Overpaying |
|---|---|---|---|
| 10 | $1,076 | $183 | $893 |
| 20 | $4,116 | $717 | $3,399 |
| 30 | $11,817 | $2,106 | $9,711 |
Other funds in S&P 500 Option Income
- ARSPAInvesco S&P 500 Equal Weight Income Advantage ETFExpense ratio 0.29%1 year return +15.4%
- AGQINatixis Gateway Quality Income ETFExpense ratio 0.34%1 year return +15.3%
- AFYEEFidelity Yield Enhanced Equity ETFExpense ratio 0.28%1 year return +13.2%
- ASPYINeos S&P 500(R) High Income ETFExpense ratio 0.68%1 year return +11.9%
- ATPUTT. Rowe Price Capital Appreciation Market Opportunities ETFExpense ratio 0.25%1 year return
