Global X S&P 500 Covered Call & Growth ETF (XYLG) 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 XYLG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XYLG
XYLG charges 0.35% annually. There are 11 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.05M | Nov 2024 | XYLG vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | XYLG vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | XYLG vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | XYLG vs FYEE | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.29% | 5.01B | Oct 2023 | XYLG vs GPIX |
Best Risk-Adjusted Alternatives to XYLG
XYLG has a PortfoliosLab risk / return rank of 86. There are 27 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | XYLG vs THTA | |
| Global X S&P 500 Covered Call ETF | 94 | 3.24B | Jun 2013 | XYLG vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 94 | 358.08M | Dec 2007 | XYLG vs PBP | |
| Simplify Treasury Option Income ETF | 93 | 489.70M | Oct 2022 | XYLG vs BUCK | |
| Global X Russell 2000 Covered Call ETF | 93 | 1.37B | Apr 2019 | XYLG vs RYLD |
Top Performing XYLG Alternatives (YTD)
XYLG is at 10.03% YTD. There are 89 ETFs in the Derivative Income category with higher YTD returns, going as high as 150.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 150.89% | 114.09M | Jul 2025 | XYLG vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 133.71% | 22.04M | Oct 2025 | XYLG vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 90.29% | 382.78M | Sep 2023 | XYLG vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 62.69% | 106.87M | Oct 2023 | XYLG vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 59.66% | 64.01M | Dec 2024 | XYLG vs SOXY |
Lowest Volatility Alternatives to XYLG
XYLG has 10.18% 1-year volatility. There are 43 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | XYLG vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | XYLG vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | XYLG vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | XYLG vs HYTI | |
| Main Buywrite ETF | 4.87% | 1.30B | Dec 2015 | XYLG vs BUYW |
Lowest Drawdown Alternatives to XYLG
XYLG has a 1-year max drawdown of -6.93%. There are 37 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | XYLG vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | XYLG vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | XYLG vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | XYLG vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | XYLG vs THTA |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 15 categories. AUM among these funds goes as high as $15B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 87 | 8.73% | 8.09B | Dec 2013 | XYLG vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 16 | -0.33% | 7.00B | Sep 2023 | XYLG vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Artificial Intelligence, Technology Equities | 53 | 19.09% | 10.34B | May 2018 | XYLG vs AIQ | |
| Global X Uranium ETF | Uranium | 18 | -4.49% | 5.45B | Nov 2010 | XYLG vs URA | |
| Global X Copper Miners ETF | Copper | 76 | 10.92% | 7.34B | Apr 2010 | XYLG vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Artificial Intelligence, Robotics, Technology Equities | 19 | -0.78% | 3.31B | Sep 2016 | XYLG vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 42 | -9.13% | 3.96B | Apr 2010 | XYLG vs SIL | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 78 | 32.24% | 2.30B | Oct 2020 | XYLG vs DTCR | |
| Global X US Infrastructure Development ETF | Infrastructure Equities, Industrials Equities | 61 | 20.61% | 14.54B | Mar 2017 | XYLG vs PAVE | |
| Global X SuperDividend ETF | Global Equities, Dividend | 66 | 8.49% | 1.21B | Jun 2011 | XYLG vs SDIV |
Often Compared With XYLG
Investors most often compare XYLG with QYLG, SPY, SCHG. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare XYLG with Any Fund or Stock
Compare XYLG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XYLG with funds that move differently
Global X S&P 500 Covered Call & Growth ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XYLG.
Explore XYLG Diversifiers