HSPX

Global X S&P 500 Covered Call ETF
D

82
*Unless otherwise stated, data provided by FactSet.

HSPX Fund Description

HSPX tracks an index of S&P 500 stocks and sells out-of-the-money call options on up to 100% of each stock.

HSPX Factset Analytics Insight

HSPX offers a new twist on an old strategy, writing calls against the S&P 500 stocks in its plain-vanilla basket in order to earn the premium. HSPX differs from direct foes PBP and BWV in a few ways. First, it writes out-of-the-money calls rather than at-the-money calls, a distinction that will produce smaller premiums, all else equal. The benefit of this stance is more equity upside. Second, the fund makes monthly distributions, while PBP pays out quarterly and BWV makes no distributions at all. This aspect should appeal to income seekers. Third, HSPX charges less than its foes. The fund isn't hugely popular and trades weakly on most days, with wide, variable spreads, but larger investors will have an easier time thanks to excellent underlying liquidity. HSPX charges a slightly lower fee than its peers, but volatile tracking makes the small benefit less certain.Prior to Dec. 15, 2017 HSPX tracked the S&P 500 Stock Covered Call Index.

HSPX MSCI ESG Analytics Insight

Global X S&P 500 Covered Call ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.54 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X S&P 500 Covered Call ETF ranks in the 54th percentile within its peer group and in the 63th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

HSPX CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HSPX 4.79% 4.64% 16.70% 4.61% 9.65% 7.05% --
HSPX (NAV) 4.23% 4.61% 16.12% 4.53% 9.54% 6.93% --
CBOE S&P 500 2% OTM BuyWrite Index 4.29% 4.85% 16.73% 5.93% 10.08% 7.00% --
MSCI USA Large Cap Index 4.72% 4.45% 21.53% 10.25% 14.43% 11.37% 14.71%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HSPX Top 10 Countries

HSPX Top 10 Sectors

HSPX Top 10 Holdings [View All]

HSPX Summary Data

Global X
06/24/13
Open-Ended Fund
0.65%
$107.65M
$576.44K
0.33%

HSPX Portfolio Data

$215.18B
20.38
3.20
6.14%
08/05/19
506

HSPX Index Data

CBOE S&P 500 2% OTM BuyWrite Index
Technical
Fixed
MSCI USA Large Cap Index

HSPX Portfolio Management

0.65%
-1.23%
-0.10%
-2.20%

HSPX Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HSPX Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

HSPX Factset Analytics Block Liquidity

As of 07/16/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HSPX. HSPX is rated a 5 out of 5.

HSPX Tradability

11,875
$576.44K
9,028
$421.10K
0.33%
$0.15
0.11%
2.31% / -1.16%
None
100.00%
50,000
0.18
0.02%
0.00%
--
$50.11
5

HSPX Sector/Industry Breakdown


HSPX
Segment Benchmark
25.74%
27.67%
16.34%
15.05%
14.10%
14.58%
13.31%
13.11%
10.35%
9.27%
7.46%
7.85%
5.04%
5.36%
3.24%
2.79%
2.38%
1.91%
2.06%
2.40%

HSPX Countries


HSPX
Segment Benchmark
100.00%
100.00%

HSPX Regions


HSPX
Segment Benchmark
100.00%
100.00%

HSPX Economic Development


HSPX
Segment Benchmark
100.00%
100.00%

HSPX Performance Statistics

0.96
0.83
0.77
0.92
0.29%
MSCI USA Large Cap Index

HSPX MSCI ESG Ratings

BBB
5.54 / 10
62.92
53.93
12.45%
5.51%
189.28

HSPX BENCHMARK COMPARISON HOLDINGS

506
296
282
88.18%

HSPX BENCHMARK COMPARISON SUMMARY


HSPX
Segment Benchmark
506
296
$215.18B
$236.12B
20.38
20.23
3.20
3.33
2.02%
2.04%
Low
Low

HSPX BENCHMARK COMPARISON MARKET CAP SIZE


HSPX
Segment Benchmark
94.42%
99.46%
5.58%
0.54%
0.00%
0.00%
0.00%
0.00%