TYLG vs XLUI

TYLGBGlobal X Information Technology Covered Call & Growth ETF

XLUIBState Street Utilities Select Sector SPDR Premium Income ETF

In short

TYLG Most covered call funds sell off the whole upside. TYLG writes calls on about half its tech book, leaving the rest uncapped, and pays monthly. 0.60% net of a waiver through March 1, 2027.

XLUI Utilities run on regulated cash flows and steady dividends, the market's slow lane. XLUI parks there and sells calls against it, turning quiet into monthly income. It arrived in 2025 as part of the first suite to bolt a premium-income overlay onto sector SPDRs.

Stated mandate

TYLG The fund seeks to track, before fees and expenses, the price and yield performance of the Cboe S&P Technology Select Sector Half BuyWrite Index.

XLUI The fund is an actively managed equity strategy seeking current income and long-term capital growth by investing in the State Street Utilities Select Sector SPDR ETF and selling call options on that ETF.

Why people hold it

• TYLG Half-covered by design: calls written on roughly 50% of notional value, so premium comes off one half while the other half of the tech position stays uncapped.globalxetfs.com
• The payout formula is written down: each month it distributes the lesser of half the premium received or 1% of NAV, reinvesting the remainder back into the fund.globalxetfs.com
• Underneath sits the Technology Select Sector basket, roughly 80 US tech names, with the calls written on that same exposure. No stock picking, no sector drift.globalxetfs.com
• Holdings and overlay line up with the stated half-buywrite mandate, and it stands in the upper half of its sector-overlay peer group.

• XLUI Simple plumbing: it owns State Street's utilities sector ETF and writes calls on that same fund. No stock picking, no basket drift, the sector exposure the label implies.ssga.com
• 0.35% a year sits right at the median for its sector call-writing peers, and the cash comes monthly rather than quarterly.
• One of the strongest builds in its sector-overlay group, with health care sibling XLVI, and the strategy it runs matches the one on the tin.
• Eleven sector versions launched together, all on the same wrapper and the same 0.35% fee, so switching the sector tilt does not mean switching strategy.nasdaq.com

Worth knowing

• TYLG Costs 0.60% net of a waiver through March 1, 2027 (0.64% gross), above the median for its category, where rivals such as XLSI run 0.35% with no waiver.
• A small fund that trades lightly, so bid-ask spreads can run wider than in the larger sector-overlay names.
• Half coverage cuts both ways: less premium collected than a fully covered fund, and the 1%-of-NAV ceiling limits what the monthly distribution can pass through.globalxetfs.com

• XLUI Written calls trade away part of a rally. When utilities run hard, the premium collected is what you get instead of the full move.ssga.com
• Launched in 2025 and still a small fund that trades thinly, so bid-ask spreads can run wider than on the underlying sector ETF.
• One sector, one underlying holding. Results track utilities, and the monthly payout moves with option premiums and dividends rather than a fixed rate.ssga.com

Full TYLG profile⁠

Full XLUI profile⁠