XYLG - Global X S&P 500 Covered Call - Stock & Dividends

Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US37954Y2770 • Derivative Income

Stocks, Options, Derivatives, Equities

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund (ETF) that seeks to track the performance of a unique index. This index is designed to mimic a portfolio that holds a basket of stocks from the S&P 500 Index, while also selling (or 'writing') one-month at-the-money call options on the same index.

The ETF invests at least 80% of its total assets in the securities of the underlying index, which provides broad diversification and exposure to the US equity market. By tracking this index, XYLG offers investors a strategy that combines the potential for capital appreciation with a regular income stream generated from the sale of call options.

The fund's replication strategy involves holding a representative sample of the securities in the underlying index, which helps to minimize tracking errors and ensure that the ETF's performance is in line with its benchmark. This approach allows investors to gain exposure to the S&P 500 Index while also benefiting from the potential income generated by the covered call strategy.

By investing in XYLG, investors can potentially benefit from the growth of the US equity market, while also generating regular income through the sale of call options. This can be an attractive strategy for investors seeking to balance their portfolio's growth potential with a regular income stream.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for XYLG - Global X S&P 500 Covered Call  - Stock & Dividends

XYLG ETF Overview

Market Cap in USD 61m
Category Derivative Income
TER 0.60%
IPO / Inception 2020-09-18

XYLG ETF Ratings

Growth 5y 69.2
Fundamental -
Dividend 52.5
Rel. Performance vs Sector -0.38
Analysts -
Fair Price Momentum 30.91 USD
Fair Price DCF -

XYLG Dividends

Dividend Yield 12m 4.31%
Yield on Cost 5y 6.65%
Dividends CAGR 5y 41.07%
Payout Consistency 91.9%

XYLG Growth Ratios

Growth 12m 15.08%
Growth Correlation 12m 76%
Growth Correlation 3m 88%
CAGR 5y 12.02%
CAGR/Mean DD 5y 2.39
Sharpe Ratio 12m 1.19
Alpha vs SP500 12m -4.13
Beta vs SP500 5y weekly 0.78
ValueRay RSI 27.41
Volatility GJR Garch 1y 7.94%
Price / SMA 50 1.54%
Price / SMA 200 8.55%
Current Volume 3.4k
Average Volume 20d 8.9k

External Links for XYLG ETF

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What is the price of XYLG stocks?
As of July 21, 2024, the stock is trading at USD 30.99 with a total of 3,400 shares traded.
Over the past week, the price has changed by -1.40%, over one month by +0.79%, over three months by +7.97% and over the past year by +14.81%.
What are the forecast for XYLG stock price target?
According to ValueRays Forecast Model, XYLG Global X S&P 500 Covered Call will be worth about 34.2 in July 2025. The stock is currently trading at 30.99. This means that the stock has a potential upside of +10.45%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 34.2 10.5