XYLD · outlook

S&P 500 Covered Call ETF: what the data says

A Global X ETF holding S&P 500 stocks and selling call options against the whole basket (a 'buy-write' strategy), distributing the premium collected as regular income. Like QYLD, this trades away some upside potential for more predictable cash flow, making it less volatile than a plain S&P 500 index fund but also weaker-performing in strongly bullish markets.