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

Global X S&P 500 Covered Call ETF (XYLD) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XYLD. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to XYLD

XYLD charges 0.60% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among XYLD alternatives.

Symbol	Name	Expense Ratio	Inception
IVVW	iShares S&P 500 BuyWrite ETF	0.25%	Mar 14, 2024	XYLD vs IVVW
SPIN	State Street US Equity Premium Income ETF	0.25%	Sep 5, 2024	XYLD vs SPIN
FYEE	Fidelity Yield Enhanced Equity ETF	0.28%	Apr 9, 2024	XYLD vs FYEE
PAPI	Parametric Equity Premium Income ETF	0.29%	Oct 16, 2023	XYLD vs PAPI
PBP	Invesco S&P 500 BuyWrite ETF	0.29%	Dec 20, 2007	XYLD vs PBP

Best Risk-Adjusted Alternatives to XYLD

Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
GOOY	YieldMax GOOGL Option Income Strategy ETF	97	Jul 27, 2023	XYLD vs GOOY
TSMY	YieldMax TSM Option Income Strategy ETF	96	Aug 20, 2024	XYLD vs TSMY
GOOP	Kurv Yield Premium Strategy Google ETF	92	Oct 30, 2023	XYLD vs GOOP
DIVO	Amplify CWP Enhanced Dividend Income ETF	80	Dec 13, 2016	XYLD vs DIVO
USOY	Defiance Oil Enhanced Options Income ETF	80	May 9, 2024	XYLD vs USOY

Top Performing XYLD Alternatives (YTD)

XYLD alternatives from the Derivative Income category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
USOY	Defiance Oil Enhanced Options Income ETF	60.22%	May 9, 2024	XYLD vs USOY
MRNY	YieldMax MRNA Option Income Strategy ETF	57.12%	Oct 23, 2023	XYLD vs MRNY
XOMO	YieldMax XOM Option Income Strategy ETF	28.99%	Aug 30, 2023	XYLD vs XOMO
CRSH	YieldMax Short TSLA Option Income Strategy ETF	20.49%	May 1, 2024	XYLD vs CRSH
COSW	Roundhill COST WeeklyPay ETF	17.20%	Oct 23, 2025	XYLD vs COSW

Lowest Volatility Alternatives to XYLD

XYLD alternatives from the Derivative Income category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
IPDP	Dividend Performers ETF	0.00%	Dec 24, 2018	XYLD vs IPDP
QYLE	Global X NASDAQ 100 ESG Covered Call ETF	0.00%	Feb 21, 2023	XYLD vs QYLE
LQTI	FT Vest Investment Grade & Target Income ETF	6.23%	Feb 11, 2025	XYLD vs LQTI
XRMI	Global X S&P 500 Risk Managed Income ETF	6.88%	Aug 25, 2021	XYLD vs XRMI
QRMI	Global X NASDAQ 100 Risk Managed Income ETF	7.74%	Aug 25, 2021	XYLD vs QRMI

Lowest Drawdown Alternatives to XYLD

XYLD alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
LQTI	FT Vest Investment Grade & Target Income ETF	-3.41%	Feb 11, 2025	XYLD vs LQTI
XRMI	Global X S&P 500 Risk Managed Income ETF	-5.02%	Aug 25, 2021	XYLD vs XRMI
QRMI	Global X NASDAQ 100 Risk Managed Income ETF	-5.04%	Aug 25, 2021	XYLD vs QRMI
KHPI	Kensington Hedged Premium Income ETF	-6.55%	Sep 4, 2024	XYLD vs KHPI
TCAL	T. Rowe Price Capital Appreciation Premium Income ...	-7.24%	Mar 26, 2025	XYLD vs TCAL

Other ETFs from Global X

Most popular Global X ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
QYLD	Global X NASDAQ 100 Covered Call ETF	Derivative Income	72	0.02%	Dec 12, 2013	XYLD vs QYLD
SHLD	Global X Defense Tech ETF	Technology Equities	92	9.34%	Sep 11, 2023	XYLD vs SHLD
URA	Global X Uranium ETF	Commodity Producers Equities	93	13.34%	Nov 4, 2010	XYLD vs URA
COPX	Global X Copper Miners ETF	Materials	94	6.35%	Apr 19, 2010	XYLD vs COPX
AIQ	Global X Artificial Intelligence & Technology ETF	Large Cap Growth Equities	66	-8.24%	May 11, 2018	XYLD vs AIQ
BOTZ	Global X Robotics & Artificial Intelligence Themat...	Robotics, Technology Equities	37	-8.31%	Sep 12, 2016	XYLD vs BOTZ
SIL	Global X Silver Miners ETF	Precious Metals	94	7.85%	Apr 19, 2010	XYLD vs SIL
SDIV	Global X SuperDividend ETF	Global Equities, Dividend	91	6.70%	Jun 8, 2011	XYLD vs SDIV
DAX	Global X DAX Germany ETF	Europe Equities	28	-7.59%	Oct 22, 2014	XYLD vs DAX
PAVE	Global X US Infrastructure Development ETF	Utilities Equities	87	6.32%	Mar 6, 2017	XYLD vs PAVE

Often Compared With XYLD

What investors most often compare with XYLD, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
JEPI	JPMorgan Equity Premium Income ETF	Actively Managed, Dividend, Derivative Income	39	0.20%	May 20, 2020	XYLD vs JEPI
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	XYLD vs SPY
RYLD	Global X Russell 2000 Covered Call ETF	Hedge Fund	45	0.70%	Apr 17, 2019	XYLD vs RYLD
XYLG	Global X S&P 500 Covered Call & Growth ETF	Derivative Income, S&P 500	59	-2.99%	Sep 18, 2020	XYLD vs XYLG
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	XYLD vs VOO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	57	-8.12%	Feb 4, 2022	XYLD vs HYLD.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	XYLD vs SCHD
O	Realty Income Corporation		65	9.95%	—	XYLD vs O
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	XYLD vs QQQ
YYY	Amplify CEF High Income ETF	Diversified Portfolio	42	-1.10%	Jun 12, 2012	XYLD vs YYY
PUTW	WisdomTree Equity Premium Income Fund	Derivative Income, S&P 500	72	-1.66%	Feb 24, 2016	XYLD vs PUTW
XY7D.DE	Global X S&P 500 Covered Call UCITS ETF Inc	S&P 500, Derivative Income	13	-1.47%	Jul 11, 2023	XYLD vs XY7D.DE
PDI	PIMCO Dynamic Income Fund		38	0.17%	—	XYLD vs PDI
DJIA	Global X Dow 30 Covered Call ETF	Derivative Income	33	-2.20%	Feb 23, 2022	XYLD vs DJIA
^VIX	CBOE Volatility Index		27	68.90%	—	XYLD vs ^VIX
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	25	1.24%	Mar 26, 2018	XYLD vs KNG
BK	The Bank of New York Mellon Corporation		89	2.64%	—	XYLD vs BK
HDV	iShares Core High Dividend ETF	Large Cap Value Equities, Dividend	70	12.30%	Mar 29, 2011	XYLD vs HDV
^XSP	S&P 500 Mini-SPX Options Index		71	-4.63%	—	XYLD vs ^XSP
XFLT	XAI Octagon Floating Rate & Alternative Income Ter...		4	-25.02%	—	XYLD vs XFLT

Compare XYLD with Any Fund or Stock

Compare XYLD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Global X S&P 500 Covered Call ETF

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