Global X S&P 500 Covered Call UCITS ETF USD (XYLU.L)

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The chart shows the growth of an initial investment of $10,000 in Global X S&P 500 Covered Call UCITS ETF USD, 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 UCITS ETF USD (XYLU.L) has returned -2.53% so far this year and 10.33% over the past 12 months.

Based on dividend-adjusted daily data since Jul 14, 2023, XYLU.L's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, your investment would double in approximately 7.8 years.

Historically, 73% of months were positive and 27% were negative. The best month was Nov 2024 with a return of +3.7%, while the worst month was Mar 2025 at -4.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, XYLU.L closed higher 57% of trading days. The best single day was Apr 10, 2025 with a return of +5.5%, while the worst single day was Apr 7, 2025 at -6.5%.

Global X S&P 500 Covered Call UCITS ETF USD has an annualized alpha of 6.85%, beta of 0.18, and R² of 0.07 versus S&P 500 Index. Calculated based on daily prices since July 25, 2023.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (48.74%) than losses (48.01%) — typical of diversified or defensive assets.
• Beta of 0.18 may look defensive, but with R² of 0.07 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.07 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

XYLU.L has an expense ratio of 0.45%, placing it in the medium range.

XYLU.L ranks 45 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 UCITS ETF USD (XYLU.L) and compare them to a chosen benchmark (S&P 500 Index).

Global X S&P 500 Covered Call UCITS ETF USD provided a 10.86% dividend yield over the last twelve months, with an annual payout of $1.61 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Global X S&P 500 Covered Call UCITS ETF USD. 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 UCITS ETF USD. 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 UCITS ETF USD was 17.20%, occurring on Apr 7, 2025. Recovery took 136 trading sessions.

The current Global X S&P 500 Covered Call UCITS ETF USD drawdown is 4.47%.

The chart below shows the rolling one-month volatility.