XYLE vs. SPYD
Compare and contrast key facts about Global X S&P 500 ESG Covered Call ETF (XYLE) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
XYLE and SPYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XYLE is a passively managed fund by Global X that tracks the performance of the Cboe S&P 500 ESG BuyWrite Index - Benchmark TR Net. It was launched on Feb 21, 2023. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015. Both XYLE and SPYD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XYLE or SPYD.
Correlation
The correlation between XYLE and SPYD is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XYLE vs. SPYD - Performance Comparison
Key characteristics
XYLE:
2.07
SPYD:
1.74
XYLE:
2.87
SPYD:
2.38
XYLE:
1.46
SPYD:
1.31
XYLE:
2.86
SPYD:
2.17
XYLE:
15.64
SPYD:
6.45
XYLE:
1.15%
SPYD:
3.27%
XYLE:
8.69%
SPYD:
12.14%
XYLE:
-7.96%
SPYD:
-46.42%
XYLE:
-0.37%
SPYD:
-4.32%
Returns By Period
In the year-to-date period, XYLE achieves a 2.31% return, which is significantly lower than SPYD's 3.38% return.
XYLE
2.31%
0.91%
10.25%
18.95%
N/A
N/A
SPYD
3.38%
0.99%
3.96%
20.66%
7.55%
N/A
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XYLE vs. SPYD - Expense Ratio Comparison
XYLE has a 0.60% expense ratio, which is higher than SPYD's 0.07% expense ratio.
Risk-Adjusted Performance
XYLE vs. SPYD — Risk-Adjusted Performance Rank
XYLE
SPYD
XYLE vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 ESG Covered Call ETF (XYLE) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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.
Dividends
XYLE vs. SPYD - Dividend Comparison
XYLE's dividend yield for the trailing twelve months is around 16.33%, more than SPYD's 4.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
XYLE Global X S&P 500 ESG Covered Call ETF | 16.33% | 17.07% | 6.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.17% | 4.31% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% |
Drawdowns
XYLE vs. SPYD - Drawdown Comparison
The maximum XYLE drawdown since its inception was -7.96%, smaller than the maximum SPYD drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for XYLE and SPYD. For additional features, visit the drawdowns tool.
Volatility
XYLE vs. SPYD - Volatility Comparison
The current volatility for Global X S&P 500 ESG Covered Call ETF (XYLE) is 1.90%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 3.11%. This indicates that XYLE experiences smaller price fluctuations and is considered to be less risky than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.