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Global X S&P 500 Covered Call & Growth ETF (XYLG)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US37954Y2770
CUSIP
37954Y277
Issuer
Global X
Inception Date
Sep 18, 2020
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Cboe S&P 500 Half BuyWrite Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

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


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S&P 500 Index

Returns By Period

Global X S&P 500 Covered Call & Growth ETF (XYLG) has returned -2.99% so far this year and 14.00% over the past 12 months.


Global X S&P 500 Covered Call & Growth ETF

1D
2.42%
1M
-3.89%
YTD
-2.99%
6M
1.58%
1Y
14.00%
3Y*
14.13%
5Y*
9.23%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 21, 2020, XYLG's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, your investment would double in approximately 5.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +10.0%, while the worst month was Sep 2022 at -8.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, XYLG closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +9.4%, while the worst single day was Apr 4, 2025 at -6.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.28%-0.35%-3.89%-2.99%
20252.43%-1.00%-5.24%-1.18%3.31%3.85%1.56%1.62%2.56%2.64%1.08%0.94%12.93%
20242.05%3.30%2.93%-2.96%2.84%2.82%1.11%2.61%1.77%-0.38%4.62%-0.18%22.31%
20235.00%-1.02%2.47%1.49%0.68%4.40%2.26%-1.62%-3.83%-1.76%6.12%3.10%18.16%
2022-3.53%-2.57%4.29%-7.00%-1.52%-6.10%6.67%-4.31%-8.17%7.13%3.48%-3.49%-15.46%
2021-0.43%2.30%3.96%3.31%0.91%2.14%1.23%2.88%-3.36%5.52%-0.77%4.21%23.81%

Benchmark Metrics

Global X S&P 500 Covered Call & Growth ETF has an annualized alpha of 1.23%, beta of 0.79, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since September 22, 2020.

  • This ETF participated in 78.50% of S&P 500 Index downside but only 77.62% of its upside — more exposed to losses than it benefited from rallies.

Alpha
1.23%
Beta
0.79
0.91
Upside Capture
77.62%
Downside Capture
78.50%

Expense Ratio

XYLG has an expense ratio of 0.35%, placing it in the medium range.


Return for Risk

Risk / Return Rank

XYLG ranks 53 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.


XYLG Risk / Return Rank: 5353
Overall Rank
XYLG Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
XYLG Sortino Ratio Rank: 4747
Sortino Ratio Rank
XYLG Omega Ratio Rank: 5757
Omega Ratio Rank
XYLG Calmar Ratio Rank: 4747
Calmar Ratio Rank
XYLG Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

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


XYLGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.86

0.90

-0.04

Sortino ratio

Return per unit of downside risk

1.35

1.39

-0.04

Omega ratio

Gain probability vs. loss probability

1.22

1.21

+0.01

Calmar ratio

Return relative to maximum drawdown

1.28

1.40

-0.12

Martin ratio

Return relative to average drawdown

7.04

6.61

+0.43

Explore XYLG risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Global X S&P 500 Covered Call & Growth ETF provided a 14.78% dividend yield over the last twelve months, with an annual payout of $3.88 per share.


0.00%5.00%10.00%15.00%20.00%$0.00$1.00$2.00$3.00$4.00$5.00$6.00$7.00202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$3.88$3.83$6.60$1.39$1.62$2.34$0.38

Dividend yield

14.78%13.94%23.65%4.90%6.43%7.40%1.39%

Monthly Dividends

The table displays the monthly dividend distributions for Global X S&P 500 Covered Call & Growth ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.12$0.11$0.17$0.41
2025$0.13$0.10$0.13$0.22$0.14$0.13$0.11$0.11$0.11$0.19$0.21$2.26$3.83
2024$0.11$0.11$0.12$0.12$0.10$0.10$0.12$0.15$0.13$0.15$0.14$5.25$6.60
2023$0.13$0.13$0.13$0.12$0.09$0.11$0.10$0.13$0.11$0.13$0.09$0.11$1.39
2022$0.15$0.15$0.15$0.15$0.13$0.13$0.13$0.14$0.13$0.12$0.13$0.12$1.62
2021$0.14$0.11$0.12$0.11$0.10$0.08$0.12$0.12$0.11$0.11$0.12$1.10$2.34

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 & Growth 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 & Growth ETF was 21.30%, occurring on Sep 30, 2022. Recovery took 321 trading sessions.

The current Global X S&P 500 Covered Call & Growth ETF drawdown is 4.68%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.3%Dec 30, 2021190Sep 30, 2022321Jan 11, 2024511
-17.42%Feb 20, 202534Apr 8, 202573Jul 24, 2025107
-7.16%Jul 17, 202414Aug 5, 202410Aug 19, 202424
-6.93%Feb 26, 202623Mar 30, 2026
-6.33%Oct 13, 202014Oct 30, 20204Nov 5, 202018

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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