Global X - S&P 500 Covered Call ETF
$41.950.00 (0.00%)
- 0.60%
- $3.4B
- +19.9%
- 10.31%
- 0.6M sh
- $41.92
- low $38.22high $41.95
The ETF.net XYLD Grade
A
Score 76 out of 100
- 5 of 52
Score 76 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 35Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B65 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.A95 out of 100Rank 3 of 52Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 6 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A92 out of 100Rank 2 of 52
Our read on XYLD
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.
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
- Rules to the letter: strikes and timing come from Cboe's BuyWrite methodology, not a manager's mood, and the fund has stayed tight to that index.cdn.cboe.com
- Trading since 2013 and now a multi-billion-dollar fund that changes hands easily, so getting in and out rarely means fighting a wide spread.
- Premiums land monthly, and the equity leg is the full S&P 500 (roughly 500 names), not a hand-picked slice of it.globalxetfs.com
- Among 50-plus S&P 500 option-income funds, it is one of the stronger implementations of the classic buy-write.
Worth knowing
- The full at-the-money overwrite is the trade: in a strong up month, the written calls give back most of the gain above the strike.cdn.cboe.com
- At 0.60% it sits right at the peer median, while newer entrants like IVVW (0.25%) and GPIX (0.35%) come in cheaper.
- Monthly payouts float with option premiums. There is no declared target rate, so the size of the check moves with volatility.globalxetfs.com
XYLD Holdings
- Stocks
- 506
- 40%
- NVDA
Sectors
- Technology40.5%
- Financials11.2%
- Communication9.9%
- Health Care9.3%
- Consumer Discretionary8.8%
- Industrials7.5%
- Consumer Staples4.3%
- Energy3.4%
- Utilities1.9%
- Real Estate1.7%
- Materials1.6%
Geography
- United States97.96%
- Ireland1.17%
- United Kingdom0.41%
- Switzerland0.29%
- Netherlands0.09%
- Bermuda0.07%
- Canada0.01%
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$11,987
Returns run to the Oct 12, 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 | +11.7% |
| 1 month | +1.5% |
| 3 months | +4.3% |
| 1 year | +19.9% |
| 3 years | +13.8% |
| 5 years | +8.1% |
| 10 years | +8.7% |
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 | +11.7% | |
| 2025 | +8.0% | |
| 2024 | +19.5% | |
| 2023 | +11.1% | |
| 2022 | −12.1% | |
| 2021 | +19.6% | |
| 2020 | −0.5% |
XYLD in the news
XYLD Dividends
- 10.31%
- $4.32
- $0.30 per share
- Monthly
Distribution history
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.
- 1.45
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.
XYLD Cost
0.60%
XYLD0.60%
- The middle half of S&P 500 Option Income funds
- Median 0.60%
24 of the 51 S&P 500 Option Income funds charge less.
Other funds in S&P 500 Option Income
- AIVVWiShares S&P 500 BuyWrite ETFExpense ratio 0.25%1 year return +18.9%
- AGPIXGoldman Sachs S&P 500 Premium Income ETFExpense ratio 0.35%1 year return +20.3%
- AGQINatixis Gateway Quality Income ETFExpense ratio 0.34%1 year return +23.6%
- AFYEEFidelity Yield Enhanced Equity ETFExpense ratio 0.31%1 year return +21.2%
- APBPInvesco S&P 500 BuyWrite ETFExpense ratio 0.29%1 year return +20.1%