XYLDGlobal X S&P 500 Covered Call ETF
XYLD Fund Description
XLYD tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock.
XYLD Factset Analytics Insight
XYLD 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. Holding the various positions and writing index call options inside of an ETF wrapper is a more efficient way to access the strategy. The fund holds the underlying stock positions and writes one-month, at-the-money call options on the Index. The strategy should help to generate some income, but it also places a drag on the upside potential. As such, the returns will differ greatly from our benchmark. Prior to Dec. 15, 2017 HSPX tracked the S&P 500 Stock Covered Call Index. From Dec. 15, 2017 thru August 20, 2020 the fund tracked the CBOE S&P 500 2% OTM BuyWrite Index.
XYLD 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 5.67 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 42nd percentile within its peer group and in the 45th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
XYLD Summary Data
XYLD Portfolio Data
XYLD Index Data
XYLD Portfolio Management
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XYLD Fund Structure
XYLD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XYLD. XYLD is rated a 5 out of 5.
XYLD Sector/Industry Breakdown
XYLD Economic Development
XYLD Performance Statistics
XYLD MSCI ESG Ratings
XYLD Benchmark Comparison Summary
XYLD Benchmark Comparison Market Cap Size