- ISIN
- US37954Y4750
- CUSIP
- 37954Y475
- Issuer
- Global X
- Inception Date
- Jun 24, 2013
- Region
- North America (U.S.)
- Category
- Derivative Income, S&P 500
- Leveraged
- 1x (No leverage)
- Index Tracked
- Cboe S&P 500 BuyWrite Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $3B
Share Price Chart
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Performance
XYLD Performance Chart
Global X S&P 500 Covered Call ETF (XYLD) is up 5.5% since the beginning of the year. XYLD is currently trading at $41 per share. Investors who bought $1,000 worth of XYLD shares 5 years ago would now be looking at an investment worth $1,441.
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Returns By Period
Global X S&P 500 Covered Call ETF (XYLD) has returned 5.47% so far this year and 17.60% over the past 12 months. Over the last ten years, XYLD has returned 8.46% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Global X S&P 500 Covered Call ETF
- 1D
- -0.05%
- 1M
- 1.26%
- YTD
- 5.47%
- 6M
- 5.58%
- 1Y
- 17.60%
- 3Y*
- 11.66%
- 5Y*
- 7.58%
- 10Y*
- 8.46%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
XYLD Monthly Returns History
Based on dividend-adjusted daily data since Jun 24, 2013, XYLD's average daily return is +0.04%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.
Historically, 71% of months were positive and 29% were negative. The best month was Oct 2015 with a return of +9.1%, while the worst month was Mar 2020 at -16.3%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 4 months.
On a daily basis, XYLD closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +9.0%, while the worst single day was Mar 16, 2020 at -11.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.16% | 0.81% | -2.96% | 3.85% | 2.13% | 0.49% | 5.47% | ||||||
| 2025 | 1.99% | -0.59% | -4.62% | -1.93% | 0.91% | 2.70% | 0.70% | 0.95% | 1.57% | 2.47% | 2.23% | 1.60% | 8.02% |
| 2024 | 1.79% | 1.64% | 2.33% | -1.31% | 1.06% | 1.64% | 1.00% | 2.92% | 1.32% | -0.63% | 4.03% | 2.26% | 19.49% |
| 2023 | 4.43% | -0.31% | 1.84% | 0.96% | 1.02% | 1.82% | 1.41% | -1.61% | -2.67% | -0.84% | 2.77% | 1.95% | 11.10% |
| 2022 | -2.33% | -0.68% | 4.18% | -4.92% | -3.75% | -2.93% | 3.86% | -5.12% | -6.61% | 5.97% | 2.06% | -1.57% | -12.05% |
| 2021 | 0.42% | 0.79% | 4.58% | 0.81% | 1.69% | 2.30% | 0.39% | 2.63% | -1.82% | 4.57% | -1.67% | 3.59% | 19.59% |
Benchmark Metrics
Global X S&P 500 Covered Call ETF has an annualized alpha of -0.31%, beta of 0.69, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since June 24, 2013.
- This ETF participated in 72.47% of S&P 500 Index downside but only 62.95% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.69 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -0.31%
- Beta
- 0.69
- R²
- 0.74
- Upside Capture
- 62.95%
- Downside Capture
- 72.47%
Expense Ratio
XYLD has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
XYLD ranks 84 for risk / return — in the top 84% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X S&P 500 Covered Call ETF (XYLD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XYLD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.37 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 2.78 | +0.56 |
| Martin ratioReturn relative to average drawdown | 17.53 | 12.44 | +5.09 |
Dividends
Dividend History
Global X S&P 500 Covered Call ETF provided a 11.39% dividend yield over the last twelve months, with an annual payout of $4.63 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.63 | $4.27 | $4.84 | $4.15 | $5.29 | $4.58 | $3.68 | $2.92 | $3.15 | $2.60 | $1.47 | $2.04 |
Dividend yield | 11.39% | 10.51% | 11.54% | 10.51% | 13.43% | 9.07% | 7.93% | 5.76% | 7.12% | 5.18% | 3.23% | 4.65% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X S&P 500 Covered Call ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.36 | $0.34 | $0.39 | $0.35 | $0.40 | $0.34 | $2.19 | ||||||
| 2025 | $0.37 | $0.29 | $0.40 | $0.38 | $0.39 | $0.39 | $0.31 | $0.32 | $0.30 | $0.40 | $0.40 | $0.33 | $4.27 |
| 2024 | $0.31 | $0.30 | $0.32 | $0.34 | $0.28 | $0.28 | $0.31 | $0.40 | $0.34 | $0.39 | $0.37 | $1.19 | $4.84 |
| 2023 | $0.41 | $0.41 | $0.40 | $0.38 | $0.28 | $0.33 | $0.29 | $0.38 | $0.33 | $0.38 | $0.27 | $0.29 | $4.15 |
| 2022 | $0.48 | $0.48 | $0.50 | $0.49 | $0.44 | $0.42 | $0.44 | $0.43 | $0.40 | $0.40 | $0.41 | $0.38 | $5.29 |
| 2021 | $0.48 | $0.36 | $0.42 | $0.36 | $0.33 | $0.39 | $0.34 | $0.37 | $0.37 | $0.35 | $0.36 | $0.46 | $4.58 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Global X S&P 500 Covered Call ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X S&P 500 Covered Call ETF was 33.46%, occurring on Mar 23, 2020. Recovery took 246 trading sessions.
The current Global X S&P 500 Covered Call ETF drawdown is 0.05%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.46%Mar 2020 | 1mo 2d | 11mo 27d | 1y 24dFeb 2020 - Mar 2021 |
Bear market2022 | -18.66%Sep 2022 | 5mo 28d | 1y 5mo | 1y 11moApr 2022 - Mar 2024 |
Rate-hike selloffLate 2018 | -18.11%Dec 2018 | 3mo 4d | 6mo 20d | 9mo 24dSep 2018 - Jul 2019 |
2025 selloff2025 | -15.53%Apr 2025 | 1mo 16d | 6mo 15d | 8mo 1dFeb 2025 - Oct 2025 |
2016 correction2016 | -12.14%Feb 2016 | 7mo 23d | 4mo 13d | 1y 1dJun 2015 - Jun 2016 |
Drawdown Indicators
| XYLD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.46% | -56.78% | +23.32% |
Max Drawdown (1Y)Largest decline over 1 year | -5.29% | -9.10% | +3.81% |
Max Drawdown (3Y)Largest decline over 3 years | -15.53% | -18.90% | +3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -18.66% | -25.43% | +6.77% |
Max Drawdown (10Y)Largest decline over 10 years | -33.46% | -33.92% | +0.46% |
Current DrawdownCurrent decline from peak | -0.05% | -1.80% | +1.75% |
Average DrawdownAverage peak-to-trough decline | -3.71% | -10.71% | +7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 2.03% | -1.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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