Global X S&P 500 Covered Call ETF (XYLD)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Global X S&P 500 Covered Call ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Global X S&P 500 Covered Call ETF (XYLD) has returned -1.04% so far this year and 10.53% over the past 12 months. Over the last ten years, XYLD has returned 7.87% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 24, 2013, XYLD's average daily return is +0.03%, while the average monthly return is +0.68%. At this rate, your investment would double in approximately 8.5 years.

Historically, 70% of months were positive and 30% 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%.

Global X S&P 500 Covered Call ETF has an annualized alpha of -0.23%, beta of 0.69, and R² of 0.74 versus S&P 500 Index. Calculated based on daily prices since June 25, 2013.

• This ETF participated in 73.25% of S&P 500 Index downside but only 64.01% 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.

XYLD has an expense ratio of 0.60%, placing it in the medium range.

XYLD ranks 50 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Global X S&P 500 Covered Call ETF (XYLD) and compare them to a chosen benchmark (S&P 500 Index).

Global X S&P 500 Covered Call ETF provided a 10.98% dividend yield over the last twelve months, with an annual payout of $4.30 per share.

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.

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.

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 3.39%.

The chart below shows the rolling one-month volatility.