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Global X S&P 500 Covered Call ETF logo

Global X S&P 500 Covered Call ETF

ETFETF
ISIN: IE0002L5QB31
Ticker: XYLP
IE0002L5QB31
XYLP

Price

Data

TER

 0.45%

Fund Volume

 $35.04M

Asset Class

 Other

Distributing

 Yes

Replication Method

 Synthetic Replication

Region

 Other

Country Based

 Ireland

Historical dividends and forecast

All dividend data

Global X S&P 500 Covered Call ETF has so far distributed $1.231 in 2024. The next dividend will be paid on 18.01.2025

$1.01

CHART BY

Region Breakdown

  • 🇺🇸

    USA
    98.85%

  • 🏳️

    Other
    0.76%

  • 🇺🇾

    Uruguay
    0.39%

Sector Breakdown

  • Information Technology
    35.46%
  • Health Care
    18.22%
  • Financials
    14.52%
  • Industrials
    12.04%
  • Consumer Staples
    7.87%
  • Consumer Discretionary
    6.56%
  • Other
    5.33%

Frequently asked questions

What is the Total Expense Ratio (TER) of Global X S&P 500 Covered Call ETF?

The total expense ratio (TER) of Global X S&P 500 Covered Call ETF is 0.45%. The TER represents the annual fees charged by the ETF provider, covering management costs and operational expenses. A lower TER can enhance your investment returns over time.

What is the fund volume of Global X S&P 500 Covered Call ETF?

Global X S&P 500 Covered Call ETF has a fund volume of $35.04M. Fund volume indicates the total assets under management (AUM) and reflects the ETF's size and liquidity. Larger fund volumes generally offer better liquidity and tighter bid-ask spreads.

Is Global X S&P 500 Covered Call ETF paying dividends?

Global X S&P 500 Covered Call ETF is a Distributing ETF. It distributes dividends to investors. The last payment was 08.11.2024, with an amount of $0.14.

What is the replication method used by Global X S&P 500 Covered Call ETF?

Global X S&P 500 Covered Call ETF utilizes a synthetic replication method to track its benchmark index. Instead of physically holding the underlying securities, the ETF uses financial derivatives—such as swap agreements with counterparties—to replicate the performance of the index.

In which country is Global X S&P 500 Covered Call ETF domiciled?

Global X S&P 500 Covered Call ETF is domiciled in Ireland. The domicile country can affect tax implications and regulatory oversight, which may influence your investment decisions.

Pricing

1D span
$15.55$15.77
52W span
$14.28$15.65

Information

The Funds investment objective is to generate returns that closely correspond, before fees and expenses, generally to the price and yield performance of the Cboe S&P 500 BuyWrite 15% WHT Index (the Index). The Fund follows a buy-write (also called a covered call) investment strategy in which the Fund buys an equity security or a basket of equity securities, and also sells corresponding call options. The strategy will generate income in the form of options premium while potentially limiting the increase in equity value of the basket of securities, if options are exercised.

Identifier

ISIN

IE0002L5QB31

Primary Ticker

XYLP

Knockouts

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