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Global X S&P 500 Covered Call ETF (XYLD)

Derivative Income | Exchange Traded Fund | NYSEArca
41.13 USD -0.09 (-0.218%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 3:16 a.m. EDT

The long-term outlook is severely compromised by a four-year streak of negative annual returns, with the asset down 12% over the full nine-year window. This structural decline suggests the market has permanently reassessed the business model, rendering any 'value' narrative moot. While the headline yield is attractive at 9.3%, the recent price history shows the asset trading near its 52-week highs despite this multi-year drag, creating a dangerous disconnect where capital is chasing yield without growth. The short-term picture remains murky; while the statistical model sees no immediate directional edge, the overwhelming options flow is purely defensive, with traders buying deep puts to hedge against further deterioration. Until the underlying strategy can demonstrate a recovery in annual performance, this remains a speculative play on income rather than a sound investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.008358
AutoETS0.011021
AutoARIMA0.012126
AutoTheta0.012232

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 64%
H-stat 3.14
Ljung-Box p 0.000
Jarque-Bera p 0.545
Excess Kurtosis -0.78
Attribute Value
Trailing P/E 27.03

As of July 11, 2026, 3:16 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 33, 36, 40) compared to negligible call volume. Implied volatility is significantly higher for puts (0.38–0.44) than calls (0.06–0.30), indicating a market consensus that the asset will likely trade lower or experience sharp drops rather than rallies.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.84% 10.66% 11.01% 11.03%
Dividend History
Date Dividend Yield %
2026-06-22 0.340 0.837645
2026-05-18 0.401 0.998506
2026-04-20 0.352 0.882648
2026-03-23 0.391 1.001024
2026-02-23 0.341 0.841352
2026-01-20 0.360 0.897756
2025-12-22 0.325 0.800690
2025-11-24 0.400 0.999750
2025-10-20 0.397 1.002019
2025-09-22 0.302 0.771195
2025-08-18 0.316 0.815063
2025-07-21 0.313 0.809413
2025-06-23 0.387 1.004152
2025-05-19 0.389 1.014871
2025-04-21 0.377 1.019470
2025-03-24 0.401 1.006021
2025-02-24 0.291 0.693518
2025-01-21 0.373 0.881380
2024-12-30 1.190 2.836710
2024-11-18 0.371 0.889475
2024-10-21 0.386 0.929896
2024-09-23 0.342 0.826886
2024-08-19 0.400 0.974184
2024-07-22 0.313 0.771126
2024-06-24 0.276 0.684864
2024-05-20 0.282 0.704120
2024-04-22 0.340 0.857071
2024-03-18 0.322 0.798017
2024-02-20 0.302 0.760705
2024-01-22 0.314 0.790932
2023-12-28 0.290 0.734177
2023-11-20 0.267 0.687967
2023-10-23 0.384 1.008403
2023-09-18 0.333 0.836263
2023-08-21 0.380 0.952859
2023-07-24 0.287 0.696940
2023-06-20 0.327 0.805022
2023-05-22 0.284 0.700025
2023-04-24 0.376 0.931846
2023-03-20 0.399 1.003269
2023-02-21 0.408 1.015431
2023-01-23 0.410 1.013096
2022-12-29 0.382 0.967579
2022-11-21 0.405 1.018868
2022-10-24 0.401 1.012882
2022-09-19 0.405 1.010983
2022-08-22 0.434 1.014967
2022-07-18 0.439 1.028585
2022-06-21 0.422 0.998344
2022-05-23 0.441 1.007539
2022-04-18 0.495 1.013721
2022-03-21 0.501 1.022449
2022-02-22 0.484 1.019377
2022-01-24 0.481 1.004805
2021-12-30 0.458 0.904066
2021-11-22 0.365 0.729854
2021-10-18 0.345 0.686158
2021-09-20 0.370 0.756646
2021-08-23 0.373 0.752168
2021-07-19 0.337 0.701353
2021-06-21 0.387 0.794661
2021-05-24 0.333 0.690585
2021-04-19 0.361 0.758085
2021-03-22 0.420 0.884211
2021-02-22 0.360 0.768738
2021-01-19 0.476 1.019709
2020-12-30 0.404 0.870502
2020-11-23 0.449 0.975451
2020-10-19 0.452 1.019166
2020-09-21 0.445 1.016910
2020-08-24 0.392 0.883878
2020-07-20 0.218 0.505331
2020-06-22 0.209 0.498331
2020-05-18 0.207 0.500605
2020-04-20 0.203 0.512885
2020-03-23 0.183 0.529208
2020-02-24 0.260 0.517516
2020-01-21 0.259 0.503401
2019-12-30 0.256 0.507132
2019-11-20 0.251 0.505132
2019-10-23 0.245 0.500920
2019-09-25 0.243 0.497136
2019-08-21 0.242 0.499175
2019-07-24 0.251 0.500598
2019-06-26 0.244 0.502161
2019-05-22 0.240 0.503567
2019-04-24 0.245 0.502977
2019-03-20 0.239 0.503688
2019-02-20 0.235 0.498833
2019-01-23 0.227 0.498791
2018-12-28 0.388 0.881818
2018-11-21 0.233 0.488470
2018-10-24 0.247 0.516196
2018-09-26 0.262 0.502879
2018-08-22 0.260 0.499136
2018-07-25 0.256 0.496798
2018-06-20 0.254 0.501481
2018-05-23 0.251 0.503006
2018-04-25 0.245 0.511803
2018-03-21 0.249 0.500201
2018-02-21 0.250 0.506380
2018-01-24 0.259 0.501161
2017-12-20 1.435 2.846657
2017-11-22 0.067 0.132228
2017-10-25 0.037 0.073926
2017-09-20 0.060 0.122001
2017-08-23 0.247 0.510964
2017-07-26 0.054 0.109935
2017-06-21 0.054 0.111709
2017-05-24 0.077 0.160987
2017-04-26 0.223 0.466625
2017-03-22 0.061 0.129760
2017-02-23 0.060 0.126609
2017-01-25 0.227 0.490069
2016-12-21 0.050 0.109004
2016-11-23 0.077 0.171530
2016-10-26 0.176 0.397560
2016-09-21 0.198 0.446046
2016-08-24 0.076 0.168739
2016-07-20 0.032 0.071190
2016-06-22 0.091 0.209292
2016-05-25 0.267 0.613088
2016-04-20 0.017 0.038831
2016-03-23 0.074 0.173750
2016-02-24 0.080 0.198118
2016-01-21 0.335 0.840442
2015-12-23 0.366 0.840993
2015-11-25 0.085 0.191355
2015-10-21 0.040 0.092293
2015-09-23 0.396 0.945559
2015-08-26 0.370 0.888142
2015-07-22 0.058 0.126582
2015-06-24 0.189 0.409091
2015-05-20 0.071 0.153348
2015-04-22 0.131 0.287155
2015-03-25 0.069 0.152959
2015-02-25 0.067 0.145684
2015-01-22 0.194 0.429489
2014-12-24 0.684 1.495409
2014-11-26 0.183 0.394397
2014-10-23 0.250 0.553710
2014-09-24 0.171 0.366795
2014-08-21 0.205 0.438972
2014-07-23 0.036 0.076907
2014-06-25 0.052 0.112798
2014-05-22 0.080 0.177305
2014-04-23 0.033 0.073661
2014-03-26 0.046 0.103487
2014-02-26 0.135 0.305292
2014-01-23 0.019 0.043290
2013-12-26 0.758 1.722727
2013-11-21 0.065 0.148470
2013-10-23 0.035 0.081890
2013-09-25 0.050 0.119360
2013-08-22 0.151 0.367754
2013-07-24 0.039 0.093368
Additional Data
dividendYield 9.29

Info Dump

Attribute Value
All Time High 53.32
All Time Low 33.92
Ask 0.0
Ask Size 15,400
Average Daily Volume10 Day 875,230
Average Daily Volume3 Month 763,109
Average Volume 763,109
Average Volume10Days 875,230
Beta3 Year 0.41
Bid 0.0
Bid Size 11,800
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 41.22
Day Low 41.085
Dividend Yield 9.29
Eps Trailing Twelve Months 1.5216626
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 40.5788
Fifty Day Average Change 0.55120087
Fifty Day Average Change Percent 0.013583469
Fifty Two Week Change Percent 5.421996
Fifty Two Week High 41.22
Fifty Two Week High Change -0.09000015
Fifty Two Week High Change Percent -0.0021834096
Fifty Two Week Low 38.22
Fifty Two Week Low Change 2.9099998
Fifty Two Week Low Change Percent 0.07613814
Fifty Two Week Range 38.22 - 41.22
First Trade Date Milliseconds 1,372,080,600,000
Five Year Average Return 0.076676995
Full Exchange Name NYSEArca
Fund Family Global X Funds
Fund Inception Date 1,371,772,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests at least 80% of its total assets in the securities of the Cboe S&P 500 BuyWrite Index (the “underlying index”) or in investments that have economic characteristics that are similar to the economic characteristics of the component securities of the underlying index, either individually or in the aggregate.
Long Name Global X S&P 500 Covered Call ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_223483109
Nav Price 41.21
Net Assets 3,197,810,180.0
Net Expense Ratio 0.6
Open 41.16
Phone +1 8884938631
Pre Market Change -0.020000458
Pre Market Change Percent -0.048627418
Pre Market Price 41.11
Pre Market Time 1,784,020,108
Previous Close 41.22
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0900002
Regular Market Change Percent -0.218341
Regular Market Day High 41.22
Regular Market Day Low 41.085
Regular Market Day Range 41.085 - 41.22
Regular Market Open 41.16
Regular Market Previous Close 41.22
Regular Market Price 41.13
Regular Market Time 1,783,972,800
Regular Market Volume 1,095,985
Short Name Global X S&P 500 Covered Call E
Source Interval 15
Symbol XYLD
Three Year Average Return 0.1133533
Total Assets 3,197,810,176
Tradeable 0
Trailing P E 27.029646
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.26288
Trailing Three Month Returns 7.26288
Triggerable 1
Two Hundred Day Average 40.2372
Two Hundred Day Average Change 0.8927994
Two Hundred Day Average Change Percent 0.022188406
Type Disp ETF
Volume 1,095,985
Yield 0.0929
Ytd Return 6.13413