XYLD — Global X S&P 500 Covered Call ETF

Overview

The Global X S&P 500 Covered Call ETF, identified by the ticker XYLD, operates within the Covered Call / Income category managed by Global X Funds. With assets under management totaling $3.20 billion and a share price of $40.94, the fund demonstrates significant investor adoption relative to its peers. It currently holds an overall rank of #54 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 65.6. The fund charges an expense ratio of 0.6% while offering a dividend yield of 9.29%, reflecting its income-focused strategy. This combination of substantial assets and a high yield suggests the product is a widely utilized vehicle for generating income within the 4-ETF category tracked by ETFValuer.

Over the most recent trading day, the fund declined by 0.15%, followed by a weekly gain of 0.37% and a monthly increase of 2.11%. Year-to-date returns stand at 6.15%, while the six-month return is slightly higher at 5.83%, indicating a period of modest growth. The one-year return has accelerated to 16.44%, and the three-year return shows a cumulative gain of 37.42%. This trajectory illustrates a divergence where short-term fluctuations have given way to stronger performance over the longer annual and multi-year horizons. The fund's three-year return of 37.42% contrasts with the one-year return of 16.44%, suggesting a sustained upward trend over the extended period.

XYLD carries a volatility label of Very Low and a beta of 0.41, indicating that the fund's price movements are significantly less sensitive to broader market swings. A Sharpe ratio of 1.65 suggests that the returns generated per unit of risk taken are relatively strong compared to the volatility experienced. The maximum drawdown of -15.53% represents the largest peak-to-trough decline recorded, highlighting the extent of potential losses during adverse periods. This combination of low beta and a high Sharpe ratio implies the fund has provided steady returns with limited downside exposure relative to its risk profile. The Very Low volatility classification aligns with the modest maximum drawdown, reinforcing the fund's defensive characteristics in market downturns.

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

XYLD Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — 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): 16.13 (as of 2026-07-07) — 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: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XYLD Performance History

How XYLD Compares to Other Covered Call / Income ETFs