Global X S&P 500 Covered Call ETF
$XYLD · Global X · tracks CBOE S&P 500 BuyWrite Index · since 2013
Dividend yield
10.24%
Expense ratio
0.60%
Assets
$2.9B
Weighted P/E
22.4x
About XYLD
Holds S&P 500 stocks and writes at-the-money covered calls on the entire index monthly. This 'buy-write' strategy generates very high income but nearly eliminates upside price participation in bull markets — best suited for income-focused investors in sideways or bear markets.
Top holdings
Sector exposure
- Technology31.5%
- Healthcare12.0%
- Financials13.4%
- Consumer Discretionary10.8%
- Industrials8.6%
- Other23.7%
How StockWorthy analyses XYLD
ETFs hold companies rather than generating cash flow themselves, so XYLD is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 9.86% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.
Sign in to see live pricing, yield history and the full holdings breakdown, or browse all ETFs.