XYLDGlobal X S&P 500 Covered Call ETF
XYLD Fund Description
XYLD 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 Summary Data
XYLD Portfolio Data
XYLD Index Data
XYLD Portfolio Management
XYLD Tax Exposures
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
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XYLD Economic Development
XYLD Performance Statistics
XYLD Benchmark Comparison Summary
XYLD Benchmark Comparison Market Cap Size