Global X Funds Global X S&P 500 Covered Call ETFGlobal X Funds Global X S&P 500 Covered Call ETFGlobal X Funds Global X S&P 500 Covered Call ETF

Global X Funds Global X S&P 500 Covered Call ETF

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Key stats


Assets under management (AUM)
‪2.86 B‬USD
Fund flows (1Y)
‪−203.79 M‬USD
Dividend yield (indicated)
9.10%
Discount/Premium to NAV
0.3%

About Global X Funds Global X S&P 500 Covered Call ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.60%
Inception date
Jun 24, 2013
Index tracked
Cboe S&P 500 BuyWrite Index
Management style
Passive
XYLD offers a new twist on an old strategy, writing calls against the S&P 500 stocks in its plain-vanilla basket in order to earn the premium. Holding the various positions and writing index call options inside an ETF wrapper is a more efficient way to access the strategy. The fund holds the underlying stock positions and writes one-month, at-the-money call options on the Index. The strategy should help to generate some income, but it also places a drag on the upside potential. As such, the returns will differ greatly from our benchmark. Prior to Dec. 15, 2017, XYLD tracked the S&P 500 Stock Covered Call Index. From Dec. 15, 2017 thru Aug. 20, 2020, the fund tracked the CBOE S&P 500 2% OTM BuyWrite Index.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Buy-write
Weighting scheme
Fixed
Selection criteria
Fixed

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 6, 2024
Exposure type
Stocks
Electronic Technology
Technology Services
Finance
Stocks101.77%
Electronic Technology22.17%
Technology Services19.45%
Finance13.05%
Health Technology8.38%
Retail Trade7.95%
Consumer Non-Durables3.85%
Producer Manufacturing3.77%
Consumer Services3.08%
Commercial Services2.74%
Energy Minerals2.70%
Utilities2.43%
Consumer Durables2.21%
Health Services1.98%
Process Industries1.66%
Transportation1.57%
Industrial Services0.96%
Communications0.90%
Distribution Services0.65%
Non-Energy Minerals0.52%
Bonds, Cash & Other−1.77%
Cash−0.02%
Rights & Warrants−1.75%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows