(XYLD) Global X S&P 500 Covered - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US37954Y4750 • Derivative Income

XYLD: Stocks, Call Options

The Global X S&P 500® Covered Call ETF (XYLD) is a unique exchange-traded fund designed to generate income through the use of covered call options while maintaining exposure to the S&P 500. The fund invests at least 80% of its total assets in securities from its underlying index, which replicates the performance of a hypothetical portfolio employing a covered call strategy.

A covered call strategy involves purchasing a security and simultaneously selling (or writing) call options on that same security. This approach aims to generate additional income from the premiums received from selling the call options, while still benefiting from potential upside in the underlying security up to the strike price of the option. For investors, this can provide a way to enhance yields in a relatively low-risk manner compared to other income-generating strategies.

The ETF’s underlying index employs a rules-based approach to select and weight the securities in the S&P 500, with the goal of optimizing the covered call strategy. The fund’s portfolio is rebalanced regularly to ensure it aligns with the index’s methodology, which is designed to maximize the premiums from the call options while maintaining broad market exposure.

XYLD is structured as a derivative income ETF, focusing on income generation rather than capital appreciation. With an AUM of over $3.2 billion, it is a sizable fund in its category, offering liquidity and scale to investors seeking steady income. The fund is listed on NYSE ARCA, making it easily accessible to U.S. investors.

Additional Sources for XYLD ETF

XYLD ETF Overview

Market Cap in USD 3,228m
Category Derivative Income
TER 0.60%
IPO / Inception 2013-06-21

XYLD ETF Ratings

Growth 5y 61.2%
Fundamental -
Dividend 79.8%
Rel. Strength Industry -3.22
Analysts -
Fair Price Momentum 43.64 USD
Fair Price DCF -

XYLD Dividends

Dividend Yield 12m 10.72%
Yield on Cost 5y 14.94%
Annual Growth 5y 5.62%
Payout Consistency 94.7%

XYLD Growth Ratios

Growth Correlation 3m 96.8%
Growth Correlation 12m 96.9%
Growth Correlation 5y 83.1%
CAGR 5y 6.87%
CAGR/Mean DD 5y 1.21
Sharpe Ratio 12m 1.98
Alpha 6.35
Beta 0.49
Volatility 4.39%
Current Volume 597.8k
Average Volume 20d 558.3k
What is the price of XYLD stocks?
As of February 19, 2025, the stock is trading at USD 42.87 with a total of 597,824 shares traded.
Over the past week, the price has changed by +0.45%, over one month by +1.30%, over three months by +6.62% and over the past year by +20.66%.
Is Global X S&P 500 Covered a good stock to buy?
Yes. Based on ValueRay Analyses, Global X S&P 500 Covered (NYSE ARCA:XYLD) is currently (February 2025) a good stock to buy. It has a ValueRay Growth Rating of 61.19 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of XYLD as of February 2025 is 43.64. This means that XYLD is currently overvalued and has a potential downside of 1.8%.
Is XYLD a buy, sell or hold?
Global X S&P 500 Covered has no consensus analysts rating.
What are the forecast for XYLD stock price target?
According to ValueRays Forecast Model, XYLD Global X S&P 500 Covered will be worth about 51.1 in February 2026. The stock is currently trading at 42.87. This means that the stock has a potential upside of +19.27%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 51.1 19.3%