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, identified by the ticker XYLD, operates within the Covered Call / Income category managed by Global X Funds. This fund holds an overall rank of #154 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 66.6/100. It carries an expense ratio of 0.6% and offers a dividend yield of 9.29%, reflecting its income-focused strategy. With assets under management totaling $3.20 billion and a current price of $40.86, the fund demonstrates significant investor adoption relative to the 10 other ETFs tracked in its specific category. The substantial AUM suggests that the combination of its yield profile and cost structure has attracted a notable volume of capital. Its position within the broader market of 458 funds indicates a mid-tier standing despite its high income generation. The fund's metrics place it as a established vehicle for investors seeking covered call exposure within the S&P 500.

Over the most recent trading day, the ETF posted a return of +0.17%, followed by a weekly decline of -0.27%. Monthly performance showed acceleration with a gain of +2.61%, which extended to a 3-month return of +4.69%. The upward trajectory continued into the half-year mark with a +6.03% return, while year-to-date gains reached +7.00%. The 1-year return stood at +16.88%, and the 3-year annualized performance accumulated to +38.57%. This pattern indicates a divergence where short-term fluctuations occurred before establishing a consistent positive trend over longer horizons. The data shows a steady progression from the initial daily and weekly movements to the more robust multi-year gains.

The fund is classified with a Very Low volatility label and maintains a beta of 0.41, suggesting it moves less than the broader market. A Sharpe ratio of 1.70 indicates that the returns generated have been efficient relative to the risk taken over the measured period. The maximum drawdown recorded for the ETF is -15.53%, representing the largest peak-to-trough decline experienced. This combination of low beta and a high Sharpe ratio implies the fund has provided steady returns with limited downside deviation compared to higher-volatility peers. The modest maximum drawdown aligns with the low volatility classification, indicating resilience during market corrections. Together, these metrics describe a profile suited for investors prioritizing capital preservation alongside income generation.

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. Top 10 holdings make up 39.1% 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 — VTI overlaps most, holding 9 of the same companies as XYLD's top 10 (39.1% 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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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 Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 779K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $3.20B 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