(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
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 |
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%.
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%.
Global X S&P 500 Covered has no consensus analysts rating.
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% |