XYLD vs. OMAH

Last updated Jun 24, 2026

XYLD (Global X S&P 500 Covered Call ETF) and OMAH (VistaShares Target 15™ Berkshire Select Income ETF) are both Derivative Income funds. XYLD is passively managed, while OMAH is actively managed. Over the past year, XYLD returned 16.08% vs 11.47% for OMAH. A 0.54 correlation means they provide meaningful diversification when combined. XYLD charges 0.60%/yr vs 0.95%/yr for OMAH.

Performance

XYLD vs. OMAH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X S&P 500 Covered Call ETF (XYLD) and VistaShares Target 15™ Berkshire Select Income ETF (OMAH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XYLD achieves a 4.54% return, which is significantly lower than OMAH's 5.30% return.

XYLD

• 1D: -0.89%
• 1M: 0.36%
• YTD: 4.54%
• 6M: 4.43%
• 1Y: 16.08%
• 3Y*: 11.33%
• 5Y*: 7.32%
• 10Y*: 8.36%

OMAH

• 1D: 0.27%
• 1M: -1.97%
• YTD: 5.30%
• 6M: 5.12%
• 1Y: 11.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XYLD vs. OMAH - Yearly Performance Comparison

	2026 (YTD)	2025
XYLD Global X S&P 500 Covered Call ETF	4.54%	9.23%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	5.30%	6.55%

Correlation

The correlation between XYLD and OMAH is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Mar 5, 2025	0.54

The correlation between XYLD and OMAH shifts across timeframes, from 0.43 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

XYLD vs. OMAH - Sectors Allocation Comparison

Sectors	XYLD	OMAH
Technology	39.0%	11.6%
Financial Services	11.1%	37.3%
Communication Services	10.6%	19.8%
Consumer Cyclical	9.9%	4.1%
Healthcare	8.3%	4.4%
Industrials	7.8%	4.9%
Consumer Defensive	4.5%	13.2%
Energy	3.2%	8.8%
Utilities	2.1%	-
Real Estate	1.8%	-
Basic Materials	1.7%	-

Return for Risk

XYLD vs. OMAH — Risk / Return Rank

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

XYLD

XYLD Risk / Return Rank: 78
XYLD Sharpe Ratio Rank: 77
XYLD Sortino Ratio Rank: 79
XYLD Omega Ratio Rank: 89
XYLD Calmar Ratio Rank: 64
XYLD Martin Ratio Rank: 82

OMAH

OMAH Risk / Return Rank: 51
OMAH Sharpe Ratio Rank: 43
OMAH Sortino Ratio Rank: 41
OMAH Omega Ratio Rank: 40
OMAH Calmar Ratio Rank: 78
OMAH Martin Ratio Rank: 54

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.

XYLD vs. OMAH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Covered Call ETF (XYLD) and VistaShares Target 15™ Berkshire Select Income ETF (OMAH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XYLD	OMAH	Difference
Sharpe ratio: Return per unit of total volatility	2.36	1.44	+0.92
Sortino ratio: Return per unit of downside risk	3.34	2.01	+1.33
Omega ratio: Gain probability vs. loss probability	1.54	1.25	+0.29
Calmar ratio: Return relative to maximum drawdown	3.05	3.84	-0.78
Martin ratio: Return relative to average drawdown	15.99	9.13	+6.86

XYLD vs. OMAH - Sharpe Ratio Comparison

The current XYLD Sharpe Ratio is 2.36, which is higher than the OMAH Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of XYLD and OMAH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XYLD vs. OMAH - Drawdown Comparison

The maximum XYLD drawdown since its inception was -33.46%, which is greater than OMAH's maximum drawdown of -11.83%. Use the drawdown chart below to compare losses from any high point for XYLD and OMAH.

Drawdown Indicators

	XYLD	OMAH	Difference
Max Drawdown Largest peak-to-trough decline	-33.46%	-11.83%	-21.63%
Max Drawdown (1Y) Largest decline over 1 year	-5.29%	-3.00%	-2.29%
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	-0.93%	-1.97%	+1.04%
Average Drawdown Average peak-to-trough decline	-3.70%	-1.27%	-2.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	1.26%	-0.25%

Volatility

XYLD vs. OMAH - Volatility Comparison

Global X S&P 500 Covered Call ETF (XYLD) has a higher volatility of 2.36% compared to VistaShares Target 15™ Berkshire Select Income ETF (OMAH) at 2.21%. This indicates that XYLD's price experiences larger fluctuations and is considered to be riskier than OMAH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XYLD	OMAH	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.36%	2.21%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	5.83%	5.58%	+0.25%
Volatility (1Y) Calculated over the trailing 1-year period	6.86%	8.04%	-1.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.26%	13.03%	-1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.19%	13.03%	+1.16%

XYLD vs. OMAH - Expense Ratio Comparison

XYLD has a 0.60% expense ratio, which is lower than OMAH's 0.95% expense ratio.

Dividends

XYLD vs. OMAH - Dividend Comparison

XYLD's dividend yield for the trailing twelve months is around 10.53%, less than OMAH's 14.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OMAH VistaShares Target 15™ Berkshire Select Income ETF	14.05%	12.86%	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	10.53%	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 XYLD and OMAH in my portfolio?

XYLD and OMAH have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XYLD or OMAH?

XYLD has higher volatility (2.36%) compared to OMAH (2.21%). In terms of maximum drawdown, XYLD dropped -33.46% vs OMAH's -11.83%.

Which ETF is better, XYLD or OMAH?

On 1-year performance, XYLD leads with 16.08% vs 11.47% for OMAH. On fees, XYLD is cheaper at 0.60% per year. On volatility, OMAH has been the lower-risk option at 2.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XYLD or OMAH?

Over the 1-year period, XYLD has performed better with a 16.08% return vs 11.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XYLD or OMAH?

XYLD is cheaper with a 0.60% expense ratio, compared with 0.95% for OMAH.

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

OMAH has the higher dividend yield at 14.05%, compared with 10.53% for XYLD.

What is the main difference between XYLD and OMAH?

They also come from different issuers: Global X and VistaShares. Their fees differ too: 0.60% for XYLD and 0.95% for OMAH.

Which has better risk-adjusted returns?

XYLD currently has the higher Sharpe Ratio (2.36 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.