BCCC vs. XYLD

Last updated Jun 4, 2026

BCCC (Global X Bitcoin Covered Call ETF) and XYLD (Global X S&P 500 Covered Call ETF) are both exchange-traded funds - BCCC is a Cryptocurrency fund actively managed by Global X, while XYLD is a Derivative Income fund tracking the Cboe S&P 500 BuyWrite Index. BCCC is actively managed, while XYLD is passively managed. At a 0.46 correlation, their price movements are largely independent. BCCC charges 0.75%/yr vs 0.60%/yr for XYLD.

Performance

BCCC vs. XYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Bitcoin Covered Call ETF (BCCC) and Global X S&P 500 Covered Call ETF (XYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCCC achieves a -21.49% return, which is significantly lower than XYLD's 4.96% return.

BCCC

• 1D: -2.78%
• 1M: -14.90%
• YTD: -21.49%
• 6M: -22.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XYLD

• 1D: -0.15%
• 1M: 2.00%
• YTD: 4.96%
• 6M: 6.48%
• 1Y: 17.66%
• 3Y*: 11.27%
• 5Y*: 7.72%
• 10Y*: 8.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCCC vs. XYLD - Yearly Performance Comparison

	2026 (YTD)	2025
BCCC Global X Bitcoin Covered Call ETF	-21.49%	-7.14%
XYLD Global X S&P 500 Covered Call ETF	4.96%	12.08%

Correlation

The correlation between BCCC and XYLD is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.46

Return for Risk

BCCC vs. XYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XYLD

XYLD Risk / Return Rank: 82
XYLD Sharpe Ratio Rank: 81
XYLD Sortino Ratio Rank: 84
XYLD Omega Ratio Rank: 92
XYLD Calmar Ratio Rank: 66
XYLD Martin Ratio Rank: 85

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.

BCCC vs. XYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Bitcoin Covered Call ETF (BCCC) and Global X S&P 500 Covered Call ETF (XYLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BCCC	XYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.71	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	0.60	-1.38

Drawdowns

BCCC vs. XYLD - Drawdown Comparison

The maximum BCCC drawdown since its inception was -41.62%, which is greater than XYLD's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for BCCC and XYLD.

Drawdown Indicators

	BCCC	XYLD	Difference
Max Drawdown Largest peak-to-trough decline	-41.62%	-33.46%	-8.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.29%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.46%	—
Current Drawdown Current decline from peak	-37.25%	-0.15%	-37.10%
Average Drawdown Average peak-to-trough decline	-16.84%	-3.72%	-13.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.99%	—

Volatility

Volatility by Period

	BCCC	XYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.07%	6.55%	+28.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.07%	11.22%	+23.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.07%	14.21%	+20.86%

BCCC vs. XYLD - Expense Ratio Comparison

BCCC has a 0.75% expense ratio, which is higher than XYLD's 0.60% expense ratio.

Dividends

BCCC vs. XYLD - Dividend Comparison

BCCC's dividend yield for the trailing twelve months is around 62.51%, more than XYLD's 10.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCCC Global X Bitcoin Covered Call ETF	62.51%	29.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XYLD Global X S&P 500 Covered Call ETF	10.52%	10.51%	11.54%	10.51%	13.43%	9.07%	7.93%	5.76%	7.12%	5.18%	3.23%	4.65%

Frequently Asked Questions

Can I hold both BCCC and XYLD in my portfolio?

BCCC and XYLD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCCC or XYLD?

On fees, XYLD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCCC or XYLD?

XYLD is cheaper with a 0.60% expense ratio, compared with 0.75% for BCCC.

Which ETF pays a higher dividend yield, BCCC or XYLD?

BCCC has the higher dividend yield at 62.51%, compared with 10.52% for XYLD.

What is the main difference between BCCC and XYLD?

BCCC is categorized as Cryptocurrency, while XYLD is Derivative Income. Their fees differ too: 0.75% for BCCC and 0.60% for XYLD.