Global X S&P 500 Covered Call ETF (XYLD)
| Assets | $2.94B |
| Expense Ratio | 0.60% |
| PE Ratio | 27.52 |
| Shares Out | 69.86M |
| Dividend (ttm) | $3.94 |
| Dividend Yield | 9.16% |
| Ex-Dividend Date | Nov 18, 2024 |
| Payout Ratio | 252.03% |
| 1-Year Return | +8.53% |
| Volume | 849,502 |
| Open | 42.14 |
| Previous Close | 42.22 |
| Day's Range | 42.09 - 43.11 |
| 52-Week Low | 37.93 |
| 52-Week High | 43.11 |
| Beta | 0.65 |
| Holdings | 504 |
| Inception Date | Jun 24, 2013 |
About XYLD
Fund Home PageThe Global X S&P 500 Covered Call ETF (XYLD) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock. XYLD was launched on Jun 24, 2013 and is issued by Global X.
Top 10 Holdings
37.80% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.68% |
| Microsoft Corporation | MSFT | 6.56% |
| NVIDIA Corporation | NVDA | 6.50% |
| Amazon.com, Inc. | AMZN | 4.21% |
| Meta Platforms, Inc. | META | 2.63% |
| Tesla, Inc. | TSLA | 2.44% |
| Alphabet Inc. | GOOGL | 2.23% |
| Broadcom Inc. | AVGO | 2.05% |
| Alphabet Inc. | GOOG | 1.84% |
| Berkshire Hathaway Inc. | BRK.B | 1.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 18, 2024 | $0.371 | Nov 25, 2024 |
| Oct 21, 2024 | $0.386 | Oct 28, 2024 |
| Sep 23, 2024 | $0.342 | Sep 30, 2024 |
| Aug 19, 2024 | $0.400 | Aug 26, 2024 |
| Jul 22, 2024 | $0.313 | Jul 29, 2024 |
| Jun 24, 2024 | $0.276 | Jul 1, 2024 |
News
XYLD: There Are Better Alternatives
Despite reduced market volatility, XYLD's aggressive covered-call strategy still results in permanent losses for owners, underperforming the S&P 500 significantly as well as other short-premium funds....
XYLD: Managing S&P 500 Uncertainty With A Covered Call Strategy
XYLD is not designed to outperform the S&P 500, but to generate a consistent and competitive stream of dividends compared to other investment solutions. It could also serve as a hedging tool during pe...
XYLD: A Solid Income Play Or Missed Growth?
The Global X S&P 500 Covered Call ETF offers consistent income through premiums but caps upside potential, underperforming in bullish markets. XYLD's systematic one-month call option strategy limits g...
Are dividend ETFs like QYLD, XYLD, and SPYI worth it?
Active Exchange Traded Funds (ETFs) are booming, with companies like JPMorgan, Goldman Sachs, and Global X fighting to gain market share in the industry. Data shows that these active funds, which oft...
XYLD: There Are Better Alternatives In The Buy-Write Space
The Global X S&P 500 Covered Call ETF systematically writes 1-month call options, leading to underperformance compared to actively managed peers like EOI, ETV, and XDTE. XYLD's strategy offers lower v...
Buy-Write ETFs: Why Buy? The Case For JEPI, XYLD
Buy-Write ETFs are a very interesting financial engineering solution, but they have some inconsistencies. By studying the most commonly used ones, JEPI and XYLD, it's easy to realize that there's not ...
JEPI, JEPQ, XYLD, and QYLD ETFs have failed 2 key tests
Covered call ETFs have become highly popular among income-focused investors in the past few years, such that the industry now has over $80 billion in assets. The JPMorgan Equity Premium Income ETF (J...
XYLD: A Bad Idea As The S&P 500 Continues To Climb
The recent performance of the Global X S&P 500 Covered Call ETF reinforces our long-held view that covered call option strategies on the S&P 500 are a bad idea. Although some investors may be willing ...
2 Double-Digit High-Yielding ETFs I'm Buying
More restrictive interest rate environment has created a wider option space for yield-seeking investors to select the right assets. Yet, finding something that produces close to double-digit yield is ...
XYLD: All The Risk With Little Reward In The Form Of Income
Global X S&P 500 Covered Call ETF has generated strong returns from option premium income, but recent changes in implied volatility and market conditions make it a risky investment. Collapsing implied...
XYLD: Attractive High Yielder With An Element Of Defense
The Global X S&P 500 Covered Call ETF is a low-cost ETF that sells options using the S&P 500 index. The ETF's objective is to maximize income from covered call strategy, which limits the potential for...
JEPI: Do Not Make The Same Mistake Two Years In A Row, Buy This Covered Call ETF Instead - Microsoft (NASDAQ:MSFT)
2023 was a year that took many by surprise, including myself.
XYLD: Continuing To Climb Higher And Generating A 9.72% Yield
Covered-call ETFs are losing appeal as new products with different risk mitigation strategies emerge. The market is looking for Fed Chair Powell to provide more information on what data would instill ...
XYLD: Low Volatility Limits The Yield
The S&P 500 has rallied in 16 of the past 18 weeks, driven by AI and weight-loss drug optimism, though market breadth has broadened in the past month. The CBOE Volatility Index is low, making covered ...
XYLD: Looking At 2023 After $3.86 Of Income Generated At 10.71% TTM Yield
Income-focused investment products with option overlay strategies are increasing in popularity. XYLD, a covered call ETF, has generated significant income for investors while experiencing minimal appr...
XYLD has a 10.8% yield: But is it a good S&P 500 ETF to buy?
The Global X S&P 500 Covered Call ETF (XYLD) ETF has bounced back in the past few weeks as American equities have rallied. The XYLD stock jumped to a high of $39.18, its highest point since September ...
Why XYLD Is A Hold: Uncovering Its Covered Call Strategy
The Global X S&P 500 Covered Call ETF is designed to provide income to investors through covered calls. XYLD allows investors to buy the S&P 500 with a more income-driven approach. While XYLD's income...
Why We Prefer BXMX's 7.7% Yield Over XYLD's 11.3%
BXMX and XYLD write covered calls on the index as an offset to their equity holdings. BXMX is a closed end fund, whereas XYLD is an exchange traded fund. We review them on key characteristics, perform...
SPYI: Lessons From XYLD
The Neos S&P 500(R) High Income ETF is a new fund recently launched in August 2022. The fund caters to income-seeking investors and uses an option overlay to generate monthly income.
XYLD: Solid Income Investment
The Global X S&P 500 Covered Call ETF is a covered call fund focused on the S&P 500 selling at-the-money call options with a dividend yield of 11.24%. XYLD has outperformed bonds and cash investments,...
XYLD Is Still Delivering On Its Core Strategy Of Providing Income
The S&P 500 has declined, and there is no reprieve in the economic tightening cycle. Yields on risk-free assets have increased, impacting traditional equity proxies for bonds. XYLD continues to delive...
Searching For A Viable Covered Call ETF Alternative To XYLD
The CBOE S&P 500 2% OTM BuyWrite Index is a covered call strategy that writes call options 2% out of the money. The BXY index has averaged an annual return of 9.91% since June 1988. There is no invest...
3 Actively Managed ETFs To Consider This September
The growing application of actively managed ETFs makes them highly lucrative investment products, given the developing opportunity set within the modern financial markets.
XYLD: Making Sense Of Its Overlooked Factors
The Global X S&P 500 Covered Call ETF possesses a few overlooked factors. Our analysis shows that much of the vehicle's returns derive from option premiums that flow through to investors via distribut...