Global X S&P 500 Covered Call ETF
Data as of October 30, 2026. XYLD closed at $41.10.
XYLD owns the S&P 500 and sells one-month at-the-money calls on the whole portfolio. It is the S&P 500 version of QYLD: the S&P is less volatile than the Nasdaq-100, so premiums are usually smaller and steadier.
| Issuer | Global X |
|---|---|
| Strategy | Tracks the Cboe S&P 500 BuyWrite Index |
| Category | Covered call / options income |
| Inception | June 21, 2013 |
| Annualized total return | +17.6% over one year, +14.0% a year over three years, +8.2% a year over five years |
| Main risk | Nearly all the upside is sold away, while the downside stays. |
| Year | Paid per share | Change |
|---|---|---|
| 2026 (to date) | $3.51 | — |
| 2025 | $4.27 | -11.8% |
| 2024 | $4.84 | +16.9% |
| 2023 | $4.14 | -21.7% |
| 2022 | $5.29 | +15.5% |
| 2021 | $4.58 | — |
| Recent ex-date | Amount |
|---|---|
| October 19, 2026 | $0.314 |
| September 21, 2026 | $0.296 |
| August 24, 2026 | $0.311 |
| July 20, 2026 | $0.409 |
| June 22, 2026 | $0.340 |
| May 18, 2026 | $0.401 |
Per-share cash distributions, adjusted for splits. Includes special and capital-gains distributions. Confirm exact amounts with Global X.
| Holding | Weight |
|---|---|
| NVIDIA Corp | 8.5% |
| Apple Inc | 7.5% |
| Microsoft Corp | 5.8% |
| Amazon.com Inc | 3.8% |
| Alphabet Inc Class A | 3.1% |
| Broadcom Inc | 2.6% |
| Alphabet Inc Class C | 2.5% |
| Meta Platforms Inc Class A | 2.5% |
| Micron Technology Inc | 1.8% |
| Tesla Inc | 1.5% |
| Ticker | Yield | Expense Ratio | Pays | 1Y Return | 3Y Return |
|---|---|---|---|---|---|
| SPYI | 12.06% | 0.68% | Monthly | +14.6% | +17.7% |
| QYLD | 11.98% | 0.60% | Monthly | +23.2% | +17.6% |
| XYLD | 10.32% | 0.60% | Monthly | +17.6% | +14.0% |
| GPIX | 8.32% | 0.29% | Monthly | +16.3% | n/a |
| JEPI | 7.93% | 0.35% | Monthly | +6.6% | +10.0% |
Returns assume distributions are reinvested; periods over one year are annualized.
10.32% on a trailing 12-month basis as of October 30, 2026: $4.24 of distributions per share on a $41.10 price. That is about $1,032 a year on a $10,000 investment. The yield moves with the share price and with each payment.
Yes. XYLD pays every month. The most recent ex-dividend date in our data was October 19, 2026, at $0.314 per share.
0.60% a year, or about $60 per $10,000 invested. The cost is taken from the fund's assets, so you never see it as a separate charge.
Index options are Section 1256 contracts, taxed 60% long-term and 40% short-term, and some distributions have been return of capital. The mix changes every year.
High monthly income from the S&P 500 for investors who accept that the share price will barely grow. The main risk: nearly all the upside is sold away, while the downside stays. This is general information, not personal advice.
Both sell at-the-money calls on the entire portfolio. XYLD does it on the S&P 500 and QYLD on the Nasdaq-100, which is more concentrated in technology. Both charge 0.60%.