XYLU.L vs. THTA
XYLU.L (Global X S&P 500 Covered Call UCITS ETF USD) and THTA (SoFi Enhanced Yield ETF) are both Derivative Income funds. XYLU.L is passively managed, while THTA is actively managed. Over the past year, XYLU.L returned 18.07% vs 16.57% for THTA. At a 0.24 correlation, their price movements are largely independent. XYLU.L charges 0.45%/yr vs 0.49%/yr for THTA.
Performance
XYLU.L vs. THTA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XYLU.L achieves a 5.28% return, which is significantly lower than THTA's 6.88% return.
XYLU.L
- 1D
- 0.03%
- 1M
- 2.15%
- YTD
- 5.28%
- 6M
- 6.77%
- 1Y
- 18.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
THTA
- 1D
- 0.02%
- 1M
- 0.58%
- YTD
- 6.88%
- 6M
- 8.14%
- 1Y
- 16.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XYLU.L vs. THTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XYLU.L Global X S&P 500 Covered Call UCITS ETF USD | 5.28% | 7.85% | 19.71% | 2.86% |
THTA SoFi Enhanced Yield ETF | 6.88% | -10.24% | 7.31% | 1.04% |
Correlation
The correlation between XYLU.L and THTA is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2023 | 0.24 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XYLU.L vs. THTA — Risk / Return Rank
XYLU.L
THTA
XYLU.L vs. THTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Covered Call UCITS ETF USD (XYLU.L) and SoFi Enhanced Yield ETF (THTA). 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.
| XYLU.L | THTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.74 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | 6.31 | -2.83 |
| Martin ratioReturn relative to average drawdown | 18.28 | 51.45 | -33.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XYLU.L | THTA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.61 | 2.87 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 0.08 | +1.04 |
Drawdowns
XYLU.L vs. THTA - Drawdown Comparison
The maximum XYLU.L drawdown since its inception was -17.20%, smaller than the maximum THTA drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for XYLU.L and THTA.
Loading charts...
Drawdown Indicators
| XYLU.L | THTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.20% | -31.41% | +14.21% |
Max Drawdown (1Y)Largest decline over 1 year | -5.17% | -2.64% | -2.53% |
Current DrawdownCurrent decline from peak | 0.00% | -6.77% | +6.77% |
Average DrawdownAverage peak-to-trough decline | -2.02% | -7.51% | +5.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.32% | +0.67% |
Volatility
XYLU.L vs. THTA - Volatility Comparison
Global X S&P 500 Covered Call UCITS ETF USD (XYLU.L) has a higher volatility of 1.52% compared to SoFi Enhanced Yield ETF (THTA) at 0.75%. This indicates that XYLU.L's price experiences larger fluctuations and is considered to be riskier than THTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XYLU.L | THTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 0.75% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 5.45% | 4.00% | +1.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.89% | 5.79% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.44% | 20.23% | -9.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.44% | 20.23% | -9.79% |
XYLU.L vs. THTA - Expense Ratio Comparison
XYLU.L has a 0.45% expense ratio, which is lower than THTA's 0.49% expense ratio.
Dividends
XYLU.L vs. THTA - Dividend Comparison
XYLU.L's dividend yield for the trailing twelve months is around 10.27%, less than THTA's 11.26% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
THTA SoFi Enhanced Yield ETF | 11.26% | 12.66% | 12.44% | 0.58% |
XYLU.L Global X S&P 500 Covered Call UCITS ETF USD | 10.27% | 10.48% | 8.49% | 3.88% |
Frequently Asked Questions
XYLU.L and THTA have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XYLU.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XYLU.L is cheaper with a 0.45% expense ratio, compared with 0.49% for THTA.
They also come from different issuers: Global X and SoFi. Their fees differ too: 0.45% for XYLU.L and 0.49% for THTA.
Find the right allocation for XYLU.L and THTA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer