XYLD

Global X S&P 500 Covered Call ETF

SPYIssuer: Global XInception: June 24, 2013

5.4

Overall Score

Strategy & Profile

S&P 500 version of QYLD. Holds S&P 500 stocks and sells ATM calls on XSP each month. Same passive mechanical approach. Slightly less volatile than QYLD due to S&P 500 diversification.

TTM Yield: ~9.5%

Strengths

  • ✓Very long track record (since 2013)
  • ✓Good downside protection score (5.81/10)
  • ✓Simple and transparent

Weaknesses

  • ✗Low upside participation (6.46/10)
  • ✗NAV under structural pressure in bull markets

Investor Profile

Income investor seeking S&P 500 exposure with simple and transparent strategy

Verdict

Similar to QYLD but on a more defensive index — choice between the two depends on S&P 500 vs Nasdaq preference

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Key Metrics

Expense Ratio

0.600%

Inception Date

June 24, 2013

Benchmark

SPY

Category

Covered Call - Large Cap

Distribution Frequency

Monthly

Maturity Rating

5/5 stars

Scores calculated using CoveredRank methodology. Every formula is published and reproducible.

See full methodology→

Disclaimer: CoveredRank provides independent educational content only. This is not financial advice. Please consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.