Global X S&P 500 Covered Call UCITS ETF (XYLP.L) 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 XYLP.L. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XYLP.L
XYLP.L charges 0.45% annually. There are 74 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Enhanced S&P 500 Covered Call ETF | 0.04% | 249.48M | Jul 2023 | XYLP.L vs USCL.TO | |
| Parametric Equity Plus ETF | 0.10% | 27.28M | Nov 2024 | XYLP.L vs PEPS | |
| UBS Euro Equity Defensive Put Write SF UCITS ETF E... | 0.21% | — | Jun 2016 | XYLP.L vs UIQ4.DE | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | XYLP.L vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | XYLP.L vs IVVW |
Best Risk-Adjusted Alternatives to XYLP.L
XYLP.L has a PortfoliosLab risk / return rank of 69. There are 76 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Harvest Canadian Equity Income Leaders ETF Class A | 98 | — | Jun 2022 | XYLP.L vs HLIF.TO | |
| IncomeShares META Options ETP | 97 | — | Nov 2024 | XYLP.L vs METY.DE | |
| Mulvihill Canadian Bank Enhanced Yield ETF | 97 | — | Feb 2022 | XYLP.L vs CBNK.TO | |
| Evolve Canadian Banks and Lifecos Enhanced Yield I... | 96 | 1.08B | Feb 2022 | XYLP.L vs BANK.TO | |
| Global X Enhanced Equal Weight Canadian Banks Cove... | 95 | 187.53M | Jul 2023 | XYLP.L vs BKCL.TO |
Top Performing XYLP.L Alternatives (YTD)
XYLP.L is at 3.81% YTD. There are 216 ETFs in the Derivative Income category with higher YTD returns, going as high as 336.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 336.58% | 14.71M | Oct 2025 | XYLP.L vs ARMW | |
| IncomeShares META Options ETP | 219.24% | — | Nov 2024 | XYLP.L vs METY.DE | |
| Roundhill AMD WeeklyPay ETF | 181.57% | 90.88M | Jul 2025 | XYLP.L vs AMDW | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 70.33% | 62.83M | Dec 2024 | XYLP.L vs SOXY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 65.44% | 1.02B | Apr 2025 | XYLP.L vs CHPY |
Lowest Volatility Alternatives to XYLP.L
XYLP.L has 7.35% 1-year volatility. There are 19 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | XYLP.L vs IPDP | |
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | 1.66% | 235.30M | Sep 2024 | XYLP.L vs HBIL.TO | |
| Simplify Treasury Option Income ETF | 3.10% | 438.06M | Oct 2022 | XYLP.L vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.82% | 90.68M | Feb 2025 | XYLP.L vs HYTI | |
| Harvest Premium Yield 7-10 Year Treasury ETF - Cla... | 4.53% | 226.83M | Jan 2024 | XYLP.L vs HPYM.TO |
Lowest Drawdown Alternatives to XYLP.L
XYLP.L has a 1-year max drawdown of -4.39%. There are 13 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | -0.95% | 235.30M | Sep 2024 | XYLP.L vs HBIL.TO | |
| Simplify Treasury Option Income ETF | -1.31% | 438.06M | Oct 2022 | XYLP.L vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | XYLP.L vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | XYLP.L vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | XYLP.L vs THTA |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, URA and span 12 categories. AUM among these funds goes as high as $11B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 85 | 5.92% | 8.41B | Dec 2013 | XYLP.L vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 15 | -2.69% | 7.99B | Sep 2023 | XYLP.L vs SHLD | |
| Global X Uranium ETF | Commodity Producers Equities | 27 | 6.04% | 7.06B | Nov 2010 | XYLP.L vs URA | |
| Global X High Interest Savings ETF | Money Market | 100 | 0.84% | 6.70B | Nov 2021 | XYLP.L vs CASH.TO | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 62 | 22.93% | 10.85B | May 2018 | XYLP.L vs AIQ | |
| Global X Copper Miners ETF | Materials | 60 | 12.33% | 7.99B | Apr 2010 | XYLP.L vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 26 | 4.83% | 3.74B | Sep 2016 | XYLP.L vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 36 | -5.08% | 5.22B | Apr 2010 | XYLP.L vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 82 | 4.18% | 3.17B | Jun 2013 | XYLP.L vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 88 | 45.21% | 2.14B | Oct 2020 | XYLP.L vs DTCR |
Often Compared With XYLP.L
Investors most often compare XYLP.L with JEQP.L, JEIP.L, SPY5.L. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare XYLP.L with Any Fund or Stock
Compare XYLP.L with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XYLP.L with funds that move differently
Global X S&P 500 Covered Call UCITS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XYLP.L.
Explore XYLP.L Diversifiers