XYLG ETF — Global X S&P 500 Covered Call & Growth ETF

Global X S&P 500 Covered Call & Growth ETF (XYLG)

Updated October 16, 2026.

XYLG is an ETF that tracks the S&P 500 Index. its distribution rate is 4.07%, its trailing-12-month yield is 12.86%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 113.6% over the past 6.1 years, 39.5 points behind SPY at 153.1%.

This ETF tracks the S&P 500 Index while writing one-month covered call options on approximately half the portfolio, generating monthly income while capping upside potential. It carries a modest expense ratio and distributes monthly, with a yield profile that reflects both the underlying equity holdings and the premium income from the covered call strategy. The fund appeals to income-focused investors seeking regular monthly distributions from large-cap U.S. equities, though it is best suited for those comfortable accepting reduced upside participation in exchange for enhanced current income.

XYLG performance versus SPY

Price and return data through 2026-10-16.

Total return is 113.6% over the past 6.1 years, 39.5 points behind SPY at 153.1%. Over the past year its total return — price change plus distributions reinvested — is 16.8%. Its deepest 1-year drawdown was 6.9%.

XYLG key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

3.42%

Issuer

Global X

Asset type

ETF

Asset class

Equity

Inception date

09/18/2020

Expense ratio

0.35%

Distribution rate

4.07%

Distribution frequency

Monthly

Trailing yield

12.86%

Last close

$29.45 (as of 2026-10-16)

AUM

$70,670,262

Average volume

27433.0

Dividend

$0.10

Ex-dividend date

09/21/2026

Payment date

09/24/2026

Beta

0.69

How Dividend Vision calculates yield and returns

Distribution rate (4.07%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (12.86%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Global X or company page; Index: S&P 500 Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

XYLG risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.9%.

Who may consider XYLG — and who may not

XYLG may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on XYLG

• All tickers starting with X

Tagged: Covered Call, Growth, Index, Options, S&P500.

Frequently asked questions

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