XYLG
Global X S&P 500 Covered Call & Growth ETFXYLG Fund Description
XYLG tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock.
XYLG Factset Analytics Insight
XYLG attempts to provide the best of two worlds, growth and yield. The fund holds the stocks of the S&P 500 Index and writes one-month, at-the-money Index call options on half of the portfolio value. The call options are held through expiration, either expiring or settling in cash. The fund looks to earn some premium income from half of the portfolio and allowing the other half upside potential. Holding the various positions and writing index call options inside of an ETF wrapper is a more efficient way to access the strategy. The strategy should reduce volatility and help generate some income, compared to the index itself, but it also places a drag on the overall upside potential. As such, the returns will differ greatly from our benchmark.
XYLG Summary Data
XYLG Portfolio Data
XYLG Index Data
XYLG Portfolio Management
XYLG Tax Exposures
XYLG Fund Structure
XYLG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XYLG. XYLG is rated a 5 out of 5.
XYLG Tradability
XYLG Sector/Industry Breakdown
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XYLG Top 10 Holdings[View All]
XYLG Countries
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XYLG Regions
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XYLG Economic Development
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XYLG Performance Statistics
XYLG Benchmark Comparison Summary
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XYLG Benchmark Comparison Market Cap Size
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