XYLD Stock Summary and Trading Ideas (Global X Funds Global X S&P 500 Covered Call ETF | ARCA:XYLD)

The Global X S&P 500 Covered Call ETF (XYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the CBOE S&P500 BuyWrite Index (BXM). The Global X S&P 500 Covered Call ETF (XYLD) follows a covered call or buy-write strategy, in which the Fund buys the stocks in the S&P 500 Index and writes or sells corresponding call options on the same index. XYLD uses this strategy with the aim of enhancing the portfolio s risk-adjusted returns, reducing volatility, and generating monthly income from the premiums received by writing call options.

Global X Funds Global X S&P 500 Covered Call ETF trades on the ARCA stock market under the symbol XYLD.

As of January 31, 2025, XYLD stock price declined to $42.36 with 553,686 million shares trading.

XYLD has a beta of 0.49, meaning it tends to be less sensitive to market movements. XYLD has a correlation of 0.72 to the broad based SPY ETF.

XYLD has a market cap of $3.19 billion. This is considered a Mid Cap stock.

In the last 3 years, XYLD traded as high as $49.92 and as low as $37.28.

XYLD has underperformed the market in the last year with a price return of +18.2% while the SPY ETF gained +24.0%. However, in the short term, XYLD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.9% vs +4.1% return in SPY. But in the last 2 weeks, XYLD shares have been beat by the market, returning +0.6% compared to an SPY return of +1.7%.

XYLD support price is $42.23 and resistance is $42.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XYLD shares will trade within this expected range on the day.