XYLD — Global X S&P 500 Covered Call ETF

XYLD Price Performance — Growth of $10,000

Value of a $10,000 investment in XYLD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XYLD Drawdown

The "underwater" chart: XYLD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Global X S&P 500 Covered Call ETF is a $3.38 billion fund issued by Global X Funds, holding 38.1% of its assets in its top ten positions with NVIDIA Corporation as the largest single holding at 7.6%. It carries an ETFValuer grade of B, reflecting a score of 71.7 out of 100, and ranks 4th out of 10 peers in the Covered Call / Income category. The fund’s 0.6% expense ratio aligns with the category median, while its 10.32% dividend yield trails the peer average of 11.42%. Across all tracked categories, it holds an overall rank of 105 out of 458 ETFs.

The fund’s price of $41.90 sits at 99.7% of its 52-week range, indicating it is near the top of its recent trading band. Short-term momentum is evident with a 1-week return of +0.92% and a 1-month gain of +1.47%, while the 3-month period shows a stronger +4.38% advance. Over longer horizons, the 1-year return of +18.14% exceeds the category median of +16.68%, and the 3-year total return stands at +47.34%. The ETFValuer grade has remained unchanged at B across the last 35 tracked days, based on 3.0 years of available price history.

With a beta of 0.37, the fund exhibits low sensitivity to broader market movements compared to the S&P 500. Annualized volatility is recorded at 7.11%, which is classified as Very Low, contributing to a strong Sharpe ratio of 1.85. The maximum drawdown of -15.53% illustrates the peak-to-trough decline experienced during the measurement period. Liquidity is supported by an average daily volume of 574,473 shares, providing adequate trading activity for the fund.

AI-generated summary based on the data on this page.

XYLD Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 38.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XYLD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XYLD

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XYLD's top 10 — XLG overlaps most, holding 9 of the same companies as XYLD's top 10 (38.1% of XYLD's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 5.27% (as of 2026-10-06) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.01 (as of 2026-10-06) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XYLD Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 574K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $3.38B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XYLD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XYLD Performance History

How XYLD Compares to Other Covered Call / Income ETFs