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ETFs

Global X S&P 500 ESG Covered Call ETF

XYLE
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Feb 21, 2023
Expense Ratio
0.6%
Type
US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$955
AUM
$2,431,727
Associated Index
Cboe S&P 500 ESG BuyWrite Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

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Invest with XYLE
Trade XYLE Options

What is XYLE?

The Global X S&P 500 ESG Covered Call ETF (XYLE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 ESG BuyWrite Index. XYLE writes call options on the S&P 500 ESG Index, saving investors the time and potential expense of doing so individually. In writing covered calls on the S&P 500 ESG Index, XYLE purchases S&P 500 stocks that are screened for Environmental, Social and Governance (ESG) criteria by S&P Dow Jones Indices.

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

XYLE
Performance Measures**

for the time period Dec 5, 2024 to Feb 18, 2025

Returns

1M Trailing Return: 0.9%

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

3M Trailing Return: —

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

Measures of Risk or Volatility

Max Drawdown: -1.7%

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

Standard Deviation: 8.2%

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: 2.11

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: 10.59

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

ETFs related toXYLE

ETFs correlated to XYLE include XYLD, GJUL, SPYI

XYLE
Global X Funds - Global X S&P 500 ESG Covered Call ETF
XYLD
Global X Funds - Global X S&P 500 Covered Call ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
SPYI
NEOS ETF Trust - NEOS S&P 500 High Income ETF
SSUS
Strategy Shares - Day Hagan/Ned Davis Research Smart Sector ETF
IQSU
IndexIQ ETF Trust - IQ Candriam U.S. Large Cap Equity ETF
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA 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.

FAQ

XYLE is a US Equities ETF. The Global X S&P 500 ESG Covered Call ETF (XYLE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 ESG BuyWrite Index. XYLE writes call options on the S&P 500 ESG Index, saving investors the time and potential expense of doing so individually. In writing covered calls on the S&P 500 ESG Index, XYLE purchases S&P 500 stocks that are screened for Environmental, Social and Governance (ESG) criteria by S&P Dow Jones Indices.

XYLE tracks the Cboe S&P 500 ESG BuyWrite Index.

No, XYLE 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, XYLE 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 XYLE is -0.0137%. This is the percent change in the value of XYLE over the most recent 1-month period. The 3-month return on XYLE is -0.0095%. This is the percent change in the value of XYLE over the most recent 3-month period.

ETFs similar to XYLE include SPHQ, DSI, and QUAL.

ETFs correlated to XYLE include XYLD, GJUL, and SPYI.

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

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.