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ETFs

Global X S&P 500 Covered Call ETF

XYLD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 21, 2013
Expense Ratio
0.6%
Type
US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$18,271,846
AUM
$2,866,825,052
Associated Index
CBOE S&P 500 BuyWrite Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

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Invest with XYLD

What is XYLD?

The Global X S&P 500 Covered Call ETF (XYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the CBOE S&P500 BuyWrite Index (BXM). The Global X S&P 500 Covered Call ETF (XYLD) follows a covered call or buy-write strategy, in which the Fund buys the stocks in the S&P 500 Index and writes or sells corresponding call options on the same index. XYLD uses this strategy with the aim of enhancing the portfolio s risk-adjusted returns, reducing volatility, and generating monthly income from the premiums received by writing call options.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

XYLD
Performance Measures**

for the time period Jun 24, 2013 to Nov 14, 2025

Returns

1M Trailing Return: 2.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 4.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -34.1%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 14.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.55

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.21

The annualized return divided by the max drawdown for the selected time period.

ETFs related toXYLD

ETFs correlated to XYLD include QYLD, FTHI, RYLD

XYLD
Global X Funds - Global X S&P 500 Covered Call ETF
QYLD
Global X Funds - Global X NASDAQ 100 Covered Call ETF
FTHI
First Trust Exchange-Traded Fund VI - First Trust BuyWrite Income ETF
RYLD
Global X Funds - Global X Russell 2000 Covered Call ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
JEPI
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Equity Premium Income ETF
XBJL
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - July
FFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - February
XJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - June
CGUS
Capital Group Companies Inc - Capital Group Core Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toXYLD

COMBINED (K-1 Free)

Category

Tactical asset allocation, daily rebalancing, leveraged/inverse ETFs, trend + RSI, tech/Nasdaq focus, bonds/volatility diversifiers

OOS Cumulative Return

136.31%

The Enigma of the Financial Universe 3.4 (K-1 free)

Category

Tactical asset allocation, regime switching, volatility targeting, mean reversion, trend following, leveraged ETFs, hedging, multi-asset

OOS Cumulative Return

68.18%

Create your own algorithmic trading strategy with XYLD using Composer

FAQ

XYLD is a US Equities ETF. The Global X S&P 500 Covered Call ETF (XYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the CBOE S&P500 BuyWrite Index (BXM). The Global X S&P 500 Covered Call ETF (XYLD) follows a covered call or buy-write strategy, in which the Fund buys the stocks in the S&P 500 Index and writes or sells corresponding call options on the same index. XYLD uses this strategy with the aim of enhancing the portfolio s risk-adjusted returns, reducing volatility, and generating monthly income from the premiums received by writing call options.

XYLD tracks the CBOE S&P 500 BuyWrite Index.

No, XYLD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XYLD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XYLD is -0.0073%. This is the percent change in the value of XYLD over the most recent 1-month period. The 3-month return on XYLD is -0.0033%. This is the percent change in the value of XYLD over the most recent 3-month period.

The standard deviation of XYLD for the past year is 0.1019%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XYLD include PBP, PKW, and VIXY.

ETFs correlated to XYLD include QYLD, FTHI, and RYLD.

ETFs that are inversely correlated to XYLD include SPDN, SH, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.